1428 N Florida Ave
Tampa, FL 33602
Tampa Heights Development Site (OPP Zone) · Land For Sale · 0.51 AC

PROPERTY DESCRIPTION An opportunity to purchase over a half-acre (0.55-acres) within booming Tampa Heights. This property is situated between two major North/ South thoroughfares, Florida Avenue and Tampa Street, providing excellent access to Downtown Tampa and Seminole Heights. There are two metal buildings on the property which could be repurposed, used "as-is", or torn down. These buildings are 7,280 sq. ft. and 2,640 sq. ft., respectively. The property has frontage on three streets: Florida Avenue (170'), E Estelle Street (180'), and N Franklin Street (90'). LOCATION DESCRIPTION The parcel is located near the southern border of Tampa Heights, just north of Downtown Tampa and is within walking distance to The Heights, Ulële, Tampa Riverwalk, and Downtown Tampa. Easy access to major highways such as I-275, I-4, and the Selmon Expressway. OPPORTUNITY ZONE DESIGNATION This property falls within a designated Opportunity Zone. An Opportunity Zone is a census tract that has been designated as eligible to receive private investments through Opportunity Funds. An Opportunity Fund is a private investment vehicle, certified by the Treasury, to aggregate and deploy capital in Opportunity Zones for certain eligible uses. - Credit: EnterpriseCommunity.org For more information on Opportunity Zones, please visit: https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions ZONING Commercial Intensive (CI) which allows for uses such as professional/medical office, daycare/ school, hotel, self-storage, retail, and restaurant. Multifamily and assisted living are also permitted uses under "special use" approval. FUTURE LAND USE Current future land use is Community Commercial-35 (CC-35) which allows for a mix of commercial, residential, and mixed-use developments with a max density of 35 units per acre and a max FAR (Floor Area Ratio) of 2.0. PARCEL ID 192393-0000