Property
ActiveCommercial
1/25
$2,200,000

4330 N NEBRASKA AVENUE

Tampa, FL 33603
0
Beds
0
Baths
752
SqFt
0.57
Acres
STELLAR
#TB8411513
Updated: Jun 16, 2026, 3:53pm

Property Description

INVESTOR & DEVELOPER DREAM! Seize the opportunity to acquire a prime redevelopment site of a Multi-Use Income Assemblage in Booming SOUTHEAST SEMINOLE HEIGHTS!

Unlock the potential of this rare 4-lot income-producing assemblage strategically located in one of Tampa’s fastest-growing districts—Southeast Seminole Heights. Just minutes from Downtown Tampa, Armature Works, I-275, I-4, and the Riverwalk, this high-visibility, high-traffic (160,000+ vehicles/day) corridor presents a prime opportunity for redevelopment, value-add investment, or long-term holding.

Zoned SH-CG (Commercial General), the site offers flexible mixed-use development options including retail, residential, multi-family, and boutique commercial. Situated within a designated Opportunity Zone and active CRA district, investors may also benefit from substantial tax incentives and city-supported growth initiatives.

Property Overview:

Lot 1 (4320 N Nebraska Ave | 12,600 SF): Parking lot + Ice machine producing $1,100/month.
Lot 2 (4330 N Nebraska Ave | 5,481 SF): Commercial parcel with small restaurant + key shop producing $3,000/month.
Lot 3 (815 E Chelsea St | 2,263 SF): 1,260 SF garage/storage—vacant, ideal for adaptive reuse or expansion.
Lot 4 (813 E Chelsea St | 4,650 SF): Charming 1940s bungalow (approx. 3,631 SF) with projected rental income of $2,500/month.
Total Current Income: Approx. $6,600/month, with substantial upside through lease-ups, improvements, or phased redevelopment.

Investment Highlights:

Flexible Zoning (SH-CG): Ideal for mixed-use or high-density residential.
High-Income Area: Median household income $78,604+ and rising.
Rental Demand: Median rents in the $2,500/month range support consistent cash flow.
Historic Character: Includes a 1940s bungalow with adaptive reuse or boutique commercial potential.
Opportunity Zone & CRA Location: Tax advantages + city support for ADUs, walkability, and neighborhood revitalization.
Infill & Multi-Family Growth: Area attracting significant private and public redevelopment—townhomes, duplexes, and multi-family projects are underway.
Green ARTery Network Access: Trail system connects to Tampa Heights, Ybor City, and Riverwalk—boosting lifestyle value and desirability.
Why Southeast Seminole Heights?

Recognized for historic bungalow charm (nationally featured in 2003 & 2025)
Median home prices surged 41 YoY (Feb 2025)—$600K+ in nearby historic zones
Zoning changes allow greater density—townhouses and duplexes now permitted in formerly single-family zones
Development momentum is strong, with city-backed support for increased connectivity, infill, and urban living
Whether you're a seasoned investor, developer, or visionary entrepreneur, this property offers a rare mix of cash flow, character, location, and upside potential. With the right strategy, this site is poised to deliver exceptional returns in a neighborhood on the rise.
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Property Details

Interior
Building Area Total
752
Cooling
Wall/Window Unit(s)
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Other
Foundation Details
Other
Living Area Source
Public Records
Living Area Units
Square Feet
Year Built
2008
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.57
Lot Size Area
24994
Lot Size Square Feet
24994
Lot Size Units
Square Feet
Number Of Lots
4
Public Survey Range
18
Public Survey Section
01
Road Frontage Type
Main Throrughfare
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
Electricity AvailablePublic
Water Source
Public
Zoning
CG
Financials
Additional Parcels
Yes
Additional Parcels Description
A-01-29-18-4GZ-000001-00001.0, A-01-29-18-4GZ-000001-00001.2, A-01-29-18-4GZ-000001-00001.1
Calculated List Price By Calculated Sq Ft
2925.53
Contract Status Change Date
2025-07-28
Current Price
2200000
Feed Types
BBO
Ownership
Sole Proprietor
Parcel Number
A0129184GZ00000100002.0
Public Survey Township
29
Tax Annual Amount
9116
Tax Block
Yes
Tax Book Number
8/50
Tax Legal Description
MAXWELLTON SUBDIVISION CORRECTED PLAT LOT 2 BLOCK 1 ... PLAT E 1/2 OF LOT 1 BLOCK 1 LESS BEG AT THE NW COR OF THE E 1/2 OF LOT 1 BLOCK 1 RUN S 89 DEG 56 MIN E ALONG SLY R/W LINE OF CHELSEA ST 3.58 FT TO A PT 86.38 FT FROM SW COR OF THE INTERSECTION OF CHELSEA ST AND NEBRASKA AVE THENCE RUN S 00 DEG 42 MIN 75.53 FT N 89 DEG 56 MIN W 4.55 FT TO SW COR OF E 1/2 OF LOT 1 THENCE N 00 DEG 01 MIN E 75.52 FT TO POB LESS ADD L R /W FOR CHELSEA AND NEBRASKA, ... PLAT W 62 FT OF LOT 1 BLOCK 1 LESS ADD L R/W, ... PLAT E 28 FT OF W 90 FT OF LOT 1 BLOCK 1 AND BEG AT THE NW COR OF THE E 1/2 OF LOT 1 BLOCK 1 RUN S 89 DEG 56 MIN E ALONG SLY R/W LINE OF CHELSEA ST 3.58 FT TO A PT 86.38 FT FROM SW COR OF THE INTERSECTION OF CHELSEA ST AND NEBRASKA AVE THENCE RUN S 00 DEG 42 MIN 75.53 FT N 89 DEG 56 MIN W 4.55 FT TO SW COR OF E 1/2 OF LOT 1 THENCE N 00 DEG 01 MIN E 75.52 FT TO POB LESS ADD L R/W FOR NEBRASKA AT CHELSEA ST
Tax Lot
2
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33603 - Tampa / Seminole Heights
Subdivision Name
MAXWELLTON SUBDIVISION
Listing provided courtesy of STELLAR via IDX. Updated: Jun 16, 2026, 3:53pm.
Madlena McAllister

Listing Agent

BHHS FLORIDA PROPERTIES GROUP

Call Agent