Log In/Sign Up
Your email has been sent.
8624 N Florida Ave 1,276 SF 100% Leased Retail Building Tampa, FL 33604 $2,300,000 ($1,802.51/SF) 4% Cap Rate


Investment Highlights
- Existing structures include a primary retail/service building, metal storage sheds, and a residential unit.
- Located near major routes with convenient access to I-275, providing strong customer and commuter connectivity.
- CI zoning allows a broad mix of commercial uses, including retail, automotive, and service-oriented businesses.
Executive Summary
Positioned on a highly visible corner along North Florida Avenue, this 0.51-acre commercial site offers exceptional exposure with frontage on a major traffic corridor in Tampa. The property consists of four combined lots with improvements that include a main retail/auto service building, multiple covered metal structures for outdoor storage or workshop use, and a single-family residential structure. With CI zoning, the site supports a wide range of commercial and mixed-use redevelopment possibilities.
Accessible from key thoroughfares including I-275 and Busch Blvd, the location is within a dense urban trade area offering significant traffic counts and strong connectivity to downtown Tampa and surrounding neighborhoods. Existing infrastructure includes dedicated parking, pylon signage, and a signalized intersection to maximize access and visibility for future operations. This is an attractive opportunity for investors or owner-users seeking a rare assemblage with redevelopment flexibility in a growing Tampa submarket.
Accessible from key thoroughfares including I-275 and Busch Blvd, the location is within a dense urban trade area offering significant traffic counts and strong connectivity to downtown Tampa and surrounding neighborhoods. Existing infrastructure includes dedicated parking, pylon signage, and a signalized intersection to maximize access and visibility for future operations. This is an attractive opportunity for investors or owner-users seeking a rare assemblage with redevelopment flexibility in a growing Tampa submarket.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$106,400
|
$83.39
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$106,400
|
$83.39
|
| Taxes |
$45,000
|
$35.27
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$45,000
|
$35.27
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $106,400 |
| Annual Per SF | $83.39 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $106,400 |
| Annual Per SF | $83.39 |
| Taxes | |
|---|---|
| Annual | $45,000 |
| Annual Per SF | $35.27 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $45,000 |
| Annual Per SF | $35.27 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,276 SF
Building Class
C
Year Built
1956
Price
$2,300,000
Price Per SF
$1,802.51
Cap Rate
4%
NOI
$92,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
1.00 AC
Zoning
CI - Commercial Intensive
Parking
12 Spaces (9.4 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bj's Custom Auto Upholstery
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bj's Custom Auto Upholstery | Retailer | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | A-24-28-18-3EN-000003-00001.0 | Total Assessment | $515,400 |
| Land Assessment | $347,430 | Annual Taxes | $45,000 ($35.27/SF) |
| Improvements Assessment | $167,970 | Tax Year | 2025 |
Property Taxes
Parcel Number
A-24-28-18-3EN-000003-00001.0
Land Assessment
$347,430
Improvements Assessment
$167,970
Total Assessment
$515,400
Annual Taxes
$45,000 ($35.27/SF)
Tax Year
2025
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
8624 N Florida Ave
