Tampa, FL 33605,3558 N 29TH ST
Tampa, FL 33605,3558 N 29TH ST
Tampa, FL 33605,3558 N 29TH ST
43
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$429,000
Est. payment /mo
4,268 SqFt
Active

3558 N 29TH ST Tampa, FL 33605

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,268 sqft

Price per Sqft $100

MLS Listing ID TB8449530

HOA Y/N No

Year Built 1968

Annual Tax Amount $422

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

REDEVELOPMENT OPPORTUNITY - COMMERCIAL GENERAL ZONING (CG). Investors, here is a unique and tremendous investment opportunity to acquire a versatile Commercial General (CG) zoned property in one of Tampa's actively transitioning corridors. Surrounded by major infrastructure upgrades, new construction residential developments, and a growing slate of business and investment incentives, this property is positioned for substantial returns. Located within multiple highly incentivized zones in Tampa including HubZone, Opportunity Zone, Enterprise Zone, and the East Tampa Community Redevelopment Area (CRA), this asset offers investors and developers an uncommon combination of flexibility, potential advantageous tax environments, and strong appreciation potential. Inventory with this concentration of incentives is exceptionally rare, making this offering stand out in the Tampa market. The existing CG zoning supports a wide range of uses such as professional and medical office, retail, salon, and barber services, making it ideal for owner-users or portfolio expansion. The building features multiple private offices, a conference room, an assembly, five bathrooms, a full kitchen and 5 electric meters. Private on-site parking available. Utilized as an assembly space, the layout supports both use with the existing floor plan or allows for efficient reconfiguration for commercial operations. For developers seeking value-add potential, this property presents a compelling redevelopment pathway. With an approved application through the City of Tampa, the site can be converted to Multifamily Residential Zoning, allowing for the development of a 5-unit income-producing multifamily property. Additionally, investors may explore increasing density through the city's permitting process, creating even greater long-term rental income and property valuation growth. Whether you are looking to strengthen your commercial portfolio or diversify into mixed-use or multifamily assets, this property offers an attractive upside, strong value-add components, and prime positioning within a rapidly improving neighborhood. With the available incentives for the area, redevelopment potential, and versatile existing floor plan, this is a rare opportunity to capitalize on one of Tampa's most promising growth zones. Inventory does not convey in the sale. Call and schedule an appointment to see this property today.

Location

State FL

County Hillsborough

Area 33605 - Tampa / Ybor City

Zoning CG

Interior

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile

Exterior

Utilities Available Electricity Available, Public, Sewer Nearby, Water Connected, Water Nearby

Roof Type Metal,Other

Building

Lot Description Corner Lot, City Limits

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Septic Needed

Water Public

Structure Type Block,Stucco

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8449530


Stellar MLS
Listed by Aminta Goynes REALNET FLORIDA REAL ESTATE

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Rebecca Redman-Hamaoui

Rebecca Redman-Hamaoui

Broker | BK3340992

+1(407) 922-8986

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3558 N 29TH ST