1814 15Th StTampa, FL 33605

Property Details for 1814 15Th St

Year built

1905

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.17 AC

Property size (Sq ft)

9,102 SF

Zone code

YC-1

Property type

Office buildings

APN

A18291950N000034000010

APU

A18291950N000034000010

Description

This stunning, two-story, 8,714-square-foot building in Tampa's vibrant Ybor City is a rare opportunity to acquire a piece of history. Built in 1905, this Class B office building boasts beautiful brick architecture, high (12-foot) ceilings, and modern updates. The property features a mix of retail and office space, currently configured with office space upstairs and retail/office downstairs. The upstairs office area includes a conference room, break room, twelve private offices, a reception area, and two bathrooms. Recent improvements include a new TPO roof (2023), and HVAC unit replacements (2017 & 2021). The building sits on a 0.17-acre lot (55' x 138') and includes a gated parking lot with six parking spaces. Located at a lighted intersection on 15th Street and 8th Avenue, this property benefits from its proximity to the Hotel Haya, Hillsborough Community College's Ybor City campus, the TECO Streetcar system, and numerous restaurants, shops, and entertainment venues. The property is zoned YC-1 (Ybor City Commercial Core) and is situated in an Opportunity Zone. The current tenant mix includes a month-to-month law firm and a recently leased retail space. The seller currently occupies the upstairs and would consider a leaseback or vacate upon closing. The asking price is $3,999,900, with 2022 property taxes totaling $22,261. This property presents a strong investment opportunity with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,879,140

  6.5%

  $1,734,591

  7%

  $1,610,691

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,662,298

  Geo Method

  $1,662,298

• Alternative Use

  Use

  Valuation

  Residential

  $2,150,892

  Hospitality

  $1,970,206

  Educational

  $1,639,188

  Medical

  $1,695,562

  Retail

  $2,549,848

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9608

Longitude

-82.4433

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].