$2,800,000

Investor & developer dream! seize the opportunity to acquire a prime redevelopment site of a multi-use income assemblage in booming southeast seminole heights! unlock the potential of this rare 4-lot income-producing assemblage strategically located in one of tampa’s fastest-growing districts—southeast seminole heights. just minutes from downtown tampa, armature works, i-275, i-4, and the riverwalk, this high-visibility, high-traffic (160,000+ vehicles/day) corridor presents a prime opportunity for redevelopment, value-add investment, or long-term holding. zoned sh-cg (commercial general), the site offers flexible mixed-use development options including retail, residential, multi-family, and boutique commercial. situated within a designated opportunity zone and active cra district, investors may also benefit from substantial tax incentives and city-supported growth initiatives. property overview: lot 1 (4320 n nebraska ave | 12,600 sf): parking lot + ice machine producing $1,100/month. lot 2 (4330 n nebraska ave | 5,481 sf): commercial parcel with small restaurant + key shop producing $3,000/month. lot 3 (815 e chelsea st | 2,263 sf): 1,260 sf garage/storage—vacant, ideal for adaptive reuse or expansion. lot 4 (813 e chelsea st | 4,650 sf): charming 1940s bungalow (approx. 3,631 sf) with projected rental income of $2,500/month. total current income: approx. $6,600/month, with substantial upside through lease-ups, improvements, or phased redevelopment. investment highlights: flexible zoning (sh-cg): ideal for mixed-use or high-density residential. high-income area: median household income $78,604+ and rising. rental demand: median rents in the $2,500/month range support consistent cash flow. historic character: includes a 1940s bungalow with adaptive reuse or boutique commercial potential. opportunity zone & cra location: tax advantages + city support for adus, walkability, and neighborhood revitalization. infill & multi-family growth: area attracting significant private and public redevelopment—townhomes, duplexes, and multi-family projects are underway. green artery network access: trail system connects to tampa heights, ybor city, and riverwalk—boosting lifestyle value and desirability. why southeast seminole heights? recognized for historic bungalow charm (nationally featured in 2003 & 2025) median home prices surged 41 yoy (feb 2025)—$600k+ in nearby historic zones zoning changes allow greater density—townhouses and duplexes now permitted in formerly single-family zones development momentum is strong, with city-backed support for increased connectivity, infill, and urban living whether you're a seasoned investor, developer, or visionary entrepreneur, this property offers a rare mix of cash flow, character, location, and upside potential. with the right strategy, this site is poised to deliver exceptional returns in a neighborhood on the rise.

Multi Family - MAXWELLTON SUBDIVISION for Sale

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