1403 Howard AveTampa, FL 33626

Property Details for 1403 Howard Ave

Year built

1904

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.94 AC

Property size (Sq ft)

33,085 SF

Zone code

PD

Property type

Office properties

Property subtype

Office buildings

APN

A1429184PE000001000130

APU

A1429184PE000001000130

Description

This exceptional 32,140-square-foot retail property, located at 1403 N Howard Ave in Tampa, Florida (zip code 33626), presents a unique investment opportunity. Built in 1904 and meticulously renovated, this four-story building boasts a rich history as a former cigar factory, now offering modern amenities and unparalleled charm. The property sits on a 1.43-acre lot and features 138 on-site parking spaces, supplemented by 16 street parking spots, totaling 154 parking spaces. Conveniently situated near the Howard/Armenia on/off ramps of Interstate-275, it benefits from exceptional visibility, with over 260,000 vehicles passing daily. The building's central location provides easy access to Tampa's Central Downtown Business District, Midtown development, and the Westshore Business District. Recent upgrades include new elevators, sprinklers, hardwood floors, windows, doors, electrical and plumbing systems, handicap lifts, stairways, entrances, roof, perimeter walls/fencing, paved parking lots, a water tower, landscaping, and updated HVAC. The property is zoned PD, RS-50 in Hillsborough County and offers a superior site plan ideal for a corporate headquarters or other large-scale operation. This is a rare chance to acquire a piece of Tampa's history, completely modernized for today's business needs. The building's impressive features include a new elevator, new handicap lifts, and new HVAC systems.

• CAP approach

  CAP return

  Valuation

  6%

  $6,102,728

  6.5%

  $5,633,287

  7%

  $5,230,909

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,042,314

  Geo Method

  $6,042,314

• Alternative Use

  Use

  Valuation

  Residential

  $6,985,276

  Hospitality

  $6,398,475

  Educational

  $5,323,456

  Medical

  $5,506,538

  Retail

  $8,280,932

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9552

Longitude

-82.4822

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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