2930 Tampa Street
For sale2930 Tampa Street, Tampa, FL 33602
Property type
Multifamily
Unit / Space count
5
Price
$375,000
Building size
1,999 sf
Rentable area
1,999 SF
Year built
1920
Year renovated
Occupancy
Zoning code
Lot size
0.17 Acres
Bedroom count
Price per Unit
$75,000
Price per SF
$187.59
Property description
2930 Tampa Street presents an opportunity to reposition an existing multifamily property in Tampa Heights through interior renovations, exterior improvements, and a coordinated lease-up strategy. The property includes approximately 1,753 SF of building area on a roughly 0.17-acre corner parcel. The property is currently vacant, providing a new owner with flexibility to determine the renovation scope, finishes, and leasing strategy from day one. Previous in-place rents averaged approximately $800 per unit per month, providing a baseline to evaluate potential rental upside following renovation and stabilization. The site also offers potential redevelopment as an entirely new two-unit property, subject to zoning, permitting, and City approvals. Located near The Heights District and Armature Works, the property benefits from continued investment and development activity in Tampa Heights, including a proposed mixed-use project anchored by a new YMCA.
Property highlights
- Opportunity to reposition an existing multifamily property in Tampa Heights through interior improvements, exterior upgrades, and a coordinated lease-up
- Approximately 1,753 SF of building area on a corner parcel of roughly 0.17 acres
- The vacant condition gives buyers flexibility to determine the renovation scope, finishes, and leasing strategy from day one
- Previous in-place rents averaged approximately $800 per unit per month, providing a baseline for a new owner to evaluate rental upside after renovating and leasing the vacant property
- Potential to redevelop the site as an entirely new two-unit property in Tampa Heights, subject to zoning, permitting, and city approvals
- Located in Tampa Heights near the ongoing development of The Heights District and Armature Works, with a proposed mixed-use project anchored by a new YMCA adding to the neighborhood’s investment activity