3637 Manhattan AveTampa, FL 33629

Property Details for 3637 Manhattan Ave

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.23 AC

Property size (Sq ft)

4,420 SF

Zone code

CG

Property type

Individual retail properties

APN

A3329183TU000000001680

APU

A3329183TU000000001680

Description

This exceptional South Tampa property presents a compelling redevelopment opportunity. The 4,420-square-foot building, currently operating as a gym, sits on a 0.23-acre lot at 3637 S Manhattan Ave, Tampa, FL 33629. The asking price is $1,199,000, translating to $271.27 per square foot. The property boasts a highly visible location on South Manhattan Avenue, benefiting from strong traffic counts. Zoned Commercial General (CG) with a CMU-35 Future Land Use designation, this versatile site allows for a wide range of development possibilities. Permitted uses include mixed-use, retail, commercial, service, office, and residential developments. The sale includes existing business assets. A significant advantage is the potential to assemble this 0.23-acre parcel with the adjacent property at 3639 S Manhattan Ave, creating a combined area of approximately 0.46 acres. This presents an even more expansive redevelopment opportunity for a larger-scale project. The property is currently vacant and ready for immediate development. This is a rare chance to acquire a prime piece of real estate in a thriving South Tampa location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,530,867

  6.5%

  $2,336,185

  7%

  $2,169,315

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,034,206

  Geo Method

  $2,034,206

• Alternative Use

  Use

  Valuation

  Residential

  $1,970,660

  Hospitality

  $1,805,114

  Educational

  $1,501,833

  Medical

  $1,553,484

  Retail

  $2,336,185

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9096

Longitude

-82.5183

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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