1001 Macdill Ave Tampa, FL 33607

This exceptional investment opportunity presents a 8,494 square foot, two-story shopping center and medical building situated on a 0.82-acre lot in Tampa, Florida. Located at the highly visible intersection of N. Macdill Avenue and W. Cypress Street, this property boasts 46 parking spaces (6.2 spaces per 1,000 SF), a significant advantage for medical tenants. The building, constructed in 1967 and renovated in 1995, features seven units ranging from 698 to 1,600 square feet, currently leased to a mix of tenants. The property is zoned CG (General Commercial) and has a highly desirable future land use designation of CMU-35 (Community Mixed Use), allowing for a potential development density of 35 units per acre and a floor-to-area ratio (FAR) of 2.0. This translates to a potential development of up to 28 units, totaling 71,700 square feet of building improvements. The property's prime location within Tampa's rapidly redeveloping Midtown district, near major roadways and a high-density population, offers significant upside potential. The asking price is $2,690,000 ($316.69 per square foot). Detailed financial information on current tenancy and profit & loss is available upon request. The property's APN is A-15-29-18-ZZZ-000005-90980.0.