MLS® ID: T3118823
1301 N ROME AVENUE
TAMPA, Florida, 33607 $1,399,000
Warehouse / office / gym space currently. 100% leased. Below market rents. Month to month leases. Annual income $120,000 gross.
6.4% CAP rate. Redevelopment site in North Hyde Park. Amazing and highly desirable area right outside of Downtown Tampa. An urban, mixed-use area with current growth of new (and existing): homes, new townhouses, new apartments and commercial/retail. This 37,181 sq.ft. site is perfectly suitable as-is with three structures that are in good condition and functional being 100% leased. Total sq.ft. under roof is 15,334, consisting of a mix of air conditioned offices, warehouse space, personal trainer/gym and one single family home. Zoned IG (and RS-50 for the 714 sq.ft. home on 4,160 sq.ft. lot included in the total sale). Future land use is GMU24 with a 1.5 FAR and allowing for a 60 ft high structure(s). City of Tampa Brownfield Designated area. Possibilities are endless: medical, retail, industrial, warehouse, showrooms, storage, townhomes, apartments, single family homes. This South Tampa location is just blocks from the new Julian B. Lane Riverfront Park, Bryan Glazer Family JCC, University of Tampa, Tampa General Hospital's development on Kennedy Blvd., Walmart, I-275, Downtown Tampa, Channelside, Davis Islands, Corridor to Westshore Business District.