13642 N Florida Ave - Freestanding FOR SALE


Tampa, FL 33613
$930,000 USD
813-453-6616
13642 N Florida Ave, Tampa, FL for Sale
$930,000 USD
Freestanding - FOR SALE
1/21
null | Request Cap Rate

13642 N Florida Ave
Tampa, FL 33613


HIGHLIGHTS

  • Owner User Free Standing Retail or Office with multi-family income
  • Investment Value Add Property
  • Logistically Excellent
  • Retail Renovations 2007 included new roof and new AC
  • Potential to purchase floral business inventory and customer database

OVERVIEW

This unique mixed-use property presents a rare opportunity for investors seeking passive income or owner-users who can operate a business while benefiting from rental income. Situated on a prominent 0.44-acre corner lot, this asset combines a thriving commercial building with four residential rental units, offering immediate income potential. 1,888 SF (gross 2,451 SF), currently home to a well-established florist with decades of success. (retiring upon the sale) Frontage: 78 feet on Florida Ave and 86 feet on 138th Ave, ensuring excellent visibility. Zoning: CN (Commercial Neighborhood), allowing for various business uses. Recent upgrades done in 2007: New roof, HVAC system, electrical wiring updated, interior build-out, and enhancements. Features include a tall pylon sign, black awnings, covered walkways, and an exterior walk-in cooler (8x14 feet, koolbot-cooled, no compressor needed). Additional storage: Two exterior sheds and a garden buffer separating the commercial building from residential units. City Water and Sewer. Property Taxes approx $7,300 (for entire property including rentals), $1,000 Insurance premium, $2,580 waste/water Parking Ratio: 5.3 Residential Rentals: 4 units generating $31,500 annual gross income, with tenants on month-to-month leases paying their own electric. Units include: One concrete block duplex (744 SF) Two concrete block "tiny homes" (324 SF each) All units are 1-bedroom, 1-bath, appealing to long-term renters. Prime corner position with high traffic on Florida Ave, one of Tampa’s main commercial corridors. Convenient proximity to major destinations w/ approx: 16 miles to Tampa International Airport, 2.5 miles to USF Tampa Campus, 7 miles to Avila Golf & Country Club, 19 miles to Amalie Arena in Downtown Tampa, 33 miles to Clearwater Beach, 7 miles north to County Line Road/Pasco County. This property offers dual revenue streams with strong income potential: Investors: Benefit from steady rental income while leveraging the prime commercial space for future tenant upgrades or increased rent potential. Owner-Users: Operate a business in the beautifully updated commercial building while enjoying passive income from the four residential units. With its corner location, strong tenant history, and blend of commercial and residential components, this property is ideal for maximizing both usability and income. Contact Yellowtail Realty Advisors, exclusive brokerage representing the seller.

FOR SALE DETAILS

PRICE

$930,000 USD

PRICE/SF

$493 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Free Standing Retail with 4 Apartments

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,145 SF

ZONING

CN

APN/PARCEL ID

U-01-28-18-0TD-000009-00001.0

ASK ABOUT THIS PROPERTY

Georgia WatsonYellowtail Commercial RealtyMore Info
813-453-6616

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Georgia WatsonYellowtail Commercial RealtyMore Info
813-453-6616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.