For Sale
$995,000

2811 34Th StTampa, FL 33605

5,568 SF, 4 Units, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,568-square-foot mixed-use property in Tampa, Florida, presents a unique investment opportunity. Located in the vibrant Ybor City area, this two-story, free-standing building boasts a prime location near I-4, offering easy access to downtown Tampa and the Tampa Riverwalk. Constructed in 1984 and extensively renovated in 2018, the building features a new roof (2022) and new laminate luxury floors (installed 6 months prior to listing). Currently configured as a fully built-out recording studio with five rooms, double drywall, soundproofing, and four exhaust fans, the ground floor also includes a kitchen and bathroom (plumbing for a second bathroom is available). The structure's load-bearing beams (every 24 feet) allow for the potential reinstatement of four bay doors. The upper floor comprises three apartments (two 2-bedroom/2-bathroom and one 1-bedroom/1-bathroom), currently used for storage but easily convertible back to income-generating units. The property includes a fenced area with 15 parking spaces and an additional 4,850-square-foot parcel with a separate water meter. The 0.34-acre lot is zoned CI, permitting over 109 uses, including retail, office, residential, restaurant, warehouse, and various entertainment options. A Phase 1 environmental study was completed in May 2021, and a termite inspection warranty is in place for three years. This property offers significant upside potential for owner-users or investors seeking a versatile and well-located asset in a thriving Tampa neighborhood. The asking price is $995,000, with owner financing available. This is an Opportunity Zone property.

Highlights

  • $995,000 asking price for a 5,568 SF mixed-use building in Tampa, FL.
  • Class B, two-story building constructed in 1984, renovated in 2018, situated on a 0.34-acre lot.
  • Four units: a recording studio and three apartments.
  • Located in the Opportunity Zone, near Historic Ybor and I-4, with owner financing available.
  • CI zoning allows for diverse uses including retail, office, residential, and light manufacturing.

Property Details for 2811 34Th St

Property type
Mixed-use properties
Square Feet
5,568 SF
Class
B
Year Built/Renovated
1984/2018
Buildings
1
Stories
2
Lot Size (sq. ft)
14,810 SF
Units
4

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.968902654316
Longitude
-82.422321532356
2811 34Th St, Tampa, Florida

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2811 34Th St
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