3558 29th Street, TAMPA, FL 33605
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  • MLS#: TB8449530 ( Commercial Sale )
  • Street Address: 3558 29th Street
  • Viewed: 3
  • Price: $429,000
  • Price sqft: $92
  • Waterfront: No
  • Year Built: 1968
  • Bldg sqft: 4673
  • Days On Market: 4
  • Additional Information
  • Geolocation: 27.9767 / -82.4283
  • County: HILLSBOROUGH
  • City: TAMPA
  • Zipcode: 33605
  • Provided by: REALNET FLORIDA REAL ESTATE
  • Contact: Aminta Goynes
  • 813-288-8000
  • mfrmls
  • DMCA Notice
  • Description
    REDEVELOPMENT OPPORTUNITY COMMERCIAL GENERAL ZONING (CG). Investors, here is a unique and tremendous investment opportunity to acquire a versatile Commercial General (CG) zoned property in one of Tampas actively transitioning corridors. Surrounded by major infrastructure upgrades, new construction residential developments, and a growing slate of business and investment incentives, this property is positioned for substantial returns. Located within multiple highly incentivized zones in Tampa including HubZone, Opportunity Zone, Enterprise Zone, and the East Tampa Community Redevelopment Area (CRA), this asset offers investors and developers an uncommon combination of flexibility, potential advantageous tax environments, and strong appreciation potential. Inventory with this concentration of incentives is exceptionally rare, making this offering stand out in the Tampa market. The existing CG zoning supports a wide range of uses such as professional and medical office, retail, salon, and barber services, making it ideal for owner users or portfolio expansion. The building features multiple private offices, a conference room, an assembly, five bathrooms, a full kitchen and 5 electric meters. Private on site parking available. Utilized as an assembly space, the layout supports both use with the existing floor plan or allows for efficient reconfiguration for commercial operations. For developers seeking value add potential, this property presents a compelling redevelopment pathway. With an approved application through the City of Tampa, the site can be converted to Multifamily Residential Zoning, allowing for the development of a 5 unit income producing multifamily property. Additionally, investors may explore increasing density through the city's permitting process, creating even greater long term rental income and property valuation growth. Whether you are looking to strengthen your commercial portfolio or diversify into mixed use or multifamily assets, this property offers an attractive upside, strong value add components, and prime positioning within a rapidly improving neighborhood. With the available incentives for the area, redevelopment potential, and versatile existing floor plan, this is a rare opportunity to capitalize on one of Tampas most promising growth zones. Inventory does not convey in the sale. Call and schedule an appointment to see this property today.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Ceramic Tile
  • Living Area: 4268.00
  • Roof: Metal, Other
Land Information
  • Lot Features: Corner Lot, City Limits
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Road Frontage Type: Divided Highway
  • Sewer: Septic Needed
  • Utilities: Electricity Available, Public, Sewer Nearby, Water Connected, Water Nearby
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Legal Description: CAMPOBELLO BLOCKS 1 TO 30 LOTS 2 AND 3 BLOCK 20
  • Levels: One
  • Area Major: 33605 - Tampa / Ybor City
  • Occupant Type: Tenant
  • Parcel Number: A-08-29-19-4NB-000020-00002.0
  • Possession: Close Of Escrow
  • Zoning Code: CG
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