2909 Cypress StTampa, FL 33609

  • Manufacturing properties
  • 16,140 SF
For Sale

Property Details for 2909 Cypress St

Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.62 AC
Property size (Sq ft)
16,140 SF
Zone code
CG
Property type
Manufacturing properties
APN
A1529184Q1000011000040
APU
A1529184Q1000011000040

Description

This exceptional 1.6-acre land parcel in Tampa, Florida, presents a rare infill townhome development opportunity. Located at 2909 W Cypress St, 33609, in Hillsborough County, this CMU-35 & R10 zoned property boasts a prime location within a thriving community. Its strategic position offers proximity to desirable areas including Midtown (1 mile), Hyde Park (1 mile), the Westshore Office District (2.2 miles), and Tampa International Airport (7 miles). Nearby attractions such as Alessi Bakery, the NOHO District, West Riverfront Neighborhood, the University of Tampa, and Julian B Lane Park enhance the site's appeal. The existing Alessi Deli will be relocated to the adjacent Tampa Letter Carriers Building, incorporating a new Italian-style market with an outdoor patio and entertainment space. This development will require rezoning to a Planned Development (PD) to maximize density. The strong demand for housing in Tampa, particularly in established neighborhoods, makes this a compelling investment prospect for developers seeking to capitalize on the city's dynamic real estate market. This infill project addresses the current need for housing in this sought-after area, combining residential tranquility with convenient access to urban amenities. The property's size and location offer significant potential for a high-return development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,295,170
    Hospitality
    $4,850,347
    Educational
    $4,035,432
    Medical
    $4,174,216
    Retail
    $6,277,338
2909 Cypress St, Tampa, Florida

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.9523
Longitude
-82.4901
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,357
$408,105
$564,095
$972,200
-
$408,105
$564,095
$972,200

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