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PRIME TAMPA HEIGHTS PROPERTY 306 E Oak Ave 3,546 SF Office Building Tampa, FL 33602 $1,195,000 ($337.00/SF)



Investment Highlights
- Historic commercial property surrounded by major new development and planned Tampa Heights treetcar expansion
- 3,546 SF historic property renovated in 2019
- Previously permitted plans for 1,337 SF expansion
- Ideal owner-user opportunity - Flexible commercial / live-work potential
- 12 private offices + 2 conference rooms - 8 designated spaces + on-street parking
- Walkable to Armature Works, Ulele, the Riverwalk, YMCA, Stetson/Bromley, Downtown Northend redevelopment projects.
Executive Summary
306 E. Oak Ave. offers a rare opportunity to own a restored historic property in the heart of Tampa Heights, one of Tampa’s most established and walkable urban districts. Built in 1907 and renovated in 2019, the 3,546 SF two-story property combines historic character with a highly functional professional layout featuring 12 private offices, two conference rooms, 10-foot ceilings, a kitchenette, and a restroom on each floor. Eight designated parking spaces, along with on-street parking, provide added convenience in this urban setting.
Ideally suited for an owner-user, the property offers substantial space for immediate occupancy while retaining a small existing tenant in a first-floor office. Located within the Oak Avenue Office overlay district, the property offers flexibility for commercial or live/work use and has been well maintained.
The location may be the property's most compelling advantage. A significant wave of public and private investment is planned or underway within walking distance, including the new YMCA mixed-use development, Bromley Companies' redevelopment partnership with Stetson University for the Tampa Law Center, continued expansion around Armature Works, and the Downtown Northend Redevelopment Project. Planned streetcar expansion into Tampa Heights is also intended to strengthen connectivity with Downtown and the broader urban core. For an owner-user, 306 E. Oak offers an opportunity to establish a long-term presence in Tampa Heights as these surrounding projects take shape.
The property also offers future expansion potential. Previously permitted architectural plans provide for a two-story, 1,337 SF accessory structure, creating an opportunity to expand the usable footprint of the property.
Ideally suited for an owner-user, the property offers substantial space for immediate occupancy while retaining a small existing tenant in a first-floor office. Located within the Oak Avenue Office overlay district, the property offers flexibility for commercial or live/work use and has been well maintained.
The location may be the property's most compelling advantage. A significant wave of public and private investment is planned or underway within walking distance, including the new YMCA mixed-use development, Bromley Companies' redevelopment partnership with Stetson University for the Tampa Law Center, continued expansion around Armature Works, and the Downtown Northend Redevelopment Project. Planned streetcar expansion into Tampa Heights is also intended to strengthen connectivity with Downtown and the broader urban core. For an owner-user, 306 E. Oak offers an opportunity to establish a long-term presence in Tampa Heights as these surrounding projects take shape.
The property also offers future expansion potential. Previously permitted architectural plans provide for a two-story, 1,337 SF accessory structure, creating an opportunity to expand the usable footprint of the property.
Property Facts
Sale Type
Owner User
Property Type
Building Size
3,546 SF
Building Class
B
Year Built/Renovated
1907/2019
Price
$1,195,000
Price Per SF
$337.00
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,773 SF
Slab To Slab
12’
Building FAR
0.39
Lot Size
0.21 AC
Zoning
PD - Live/Work Zoning: Residential use with Commercial overlay district
Parking
8 Spaces (2.26 Spaces per 1,000 SF Leased)
Amenities
- Monument Signage
- Outdoor Seating
- Air Conditioning
- Balcony
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Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | A-13-29-18-4XU-000003-00005.0 | Improvements Assessment | $759,800 |
| Land Assessment | $100 | Total Assessment | $759,900 |
Property Taxes
Parcel Number
A-13-29-18-4XU-000003-00005.0
Land Assessment
$100
Improvements Assessment
$759,800
Total Assessment
$759,900
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PRIME TAMPA HEIGHTS PROPERTY | 306 E Oak Ave
