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Investment Highlights
- Positioned in the heart of Tampa Heights, only 5 blocks from the Riverfront and Armature Works and adjacent to Ybor City
- Building design allows for total owner occupancy or shared space with center lobby
- Lot has building potential for townhomes or larger office
Executive Summary
Positioned in the heart of Tampa Heights, 402 E 7th Ave presents a rare opportunity to own a distinctive professional office property with both immediate functionality and long-term redevelopment potential. Currently operating as law offices, this architecturally impressive property offers strong professional presence, flexible layout options, and exceptional accessibility within one of Tampa’s fastest-growing urban cores The property welcomes clients and guests through an elegant front entry or directly from the rear parking area, leading into a dramatic central rotunda that serves as the focal point of the building and provides seamless flow throughout the space. Soaring 11-foot ceilings enhance the front entry, center rotunda, conference rooms, and both spacious reception or bullpen-style office areas, creating an elevated and professional atmosphere throughout the primary gathering spaces. The private offices feature comfortable 9-foot ceilings for a more refined executive setting. The thoughtfully designed floorplan is divided into two functional office wings by the central rotunda. The left wing includes five private offices and a private bathroom, while the right wing offers three private offices and an additional bathroom, providing flexibility for a variety of professional, medical, creative, or executive office uses. The rotunda area also includes two additional bathrooms and connects to a convenient break room with kitchenette positioned between the main office space and attached three-car garage. In total, the property features four bathrooms. The air-conditioned interior space totals approximately 3,615 square feet, while the wraparound porch and attached three-car garage increase the total under-roof footprint to approximately 5,113 square feet. The garage also features a full stand-up, decked attic offering substantial additional storage capacity. Situated on a substantial 17,360-square-foot lot, the property also offers compelling future redevelopment potential. The parcel mirrors the size and configuration of the adjacent site that was successfully developed into nine luxury townhomes, making this an exceptional opportunity for investors, developers, or owner-users seeking both current utility and future land value upside. Located just minutes from Downtown Tampa, Ybor City, Armature Works, the Riverwalk, and the multi-billion-dollar Gas Worx redevelopment transforming the surrounding corridor, this is a unique opportunity to secure a landmark-style office property in one of Tampa’s most desirable urban growth areas.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,600 SF
Building Class
B
Year Built
2000
Price
$2,490,000
Price Per SF
$691.67
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,600 SF
Building FAR
0.21
Lot Size
0.40 AC
Zoning
PD - PD Zoning (Ord. 99-76). Existing professional office use on a double corner lot with potential future redevelopment opportunities.
Parking
6 Spaces (1.4 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 402 East, Llc.
- Management of Companies and Enterprises
- -
- -
- -
- Bryant A. Scriven P.A.
- Professional, Scientific, and Technical Services
- -
- -
- -
- Keith A Warshofsky Pa
- Professional, Scientific, and Technical Services
- -
- -
- -
- McCarty Gonzalez Pavlidis & Whidden, LLC
- Professional, Scientific, and Technical Services
- -
- -
- -
- Meeks & Friscia Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
- Whidden Brown PL
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 402 East, Llc. | Management of Companies and Enterprises | - | - | - | ||
| Bryant A. Scriven P.A. | Professional, Scientific, and Technical Services | - | - | - | ||
| Keith A Warshofsky Pa | Professional, Scientific, and Technical Services | - | - | - | ||
| McCarty Gonzalez Pavlidis & Whidden, LLC | Professional, Scientific, and Technical Services | - | - | - | ||
| Meeks & Friscia Inc | Professional, Scientific, and Technical Services | - | - | - | ||
| Whidden Brown PL | Professional, Scientific, and Technical Services | - | - | - |
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Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | A-13-29-18-4XV-000000-00006.0 | Improvements Assessment | $886,100 |
| Land Assessment | $100 | Total Assessment | $886,200 |
Property Taxes
Parcel Number
A-13-29-18-4XV-000000-00006.0
Land Assessment
$100
Improvements Assessment
$886,100
Total Assessment
$886,200
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402 E 7th Ave
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