# 4320 N NEBRASKA AVENUE, TAMPA, FL 33603

> **TL;DR:** commercial, $2,790,000 ($3710/sqft), built 2008, 752 sqft. Est. $12,090/mo. Listed 256 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,790,000 |
| Price/sqft | $3710 |
| Square Feet | 752 |
| Year Built | 2008 |
| Lot Size | 24,829 sqft (0.57 acres) |
| Property Type | Commercial (Mixed Use) |
| Status | For Sale |
| Days on Market | 256 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,090 |
| **Total** | **$12,090** |

## Property Highlights

- Built in 2008
- 0.57 acre lot

## Description

### Agent Description
INVESTOR & DEVELOPER DREAM! Seize the opportunity to acquire a prime redevelopment site of a Multi-Use Income Assemblage in Booming SOUTHEAST SEMINOLE HEIGHTS!

Unlock the potential of this rare 4-lot income-producing assemblage strategically located in one of Tampa’s fastest-growing districts—Southeast Seminole Heights. Just minutes from Downtown Tampa, Armature Works, I-275, I-4, and the Riverwalk, this high-visibility, high-traffic (160,000+ vehicles/day) corridor presents a prime opportunity for redevelopment, value-add investment, or long-term holding.

Zoned SH-CG (Commercial General), the site offers flexible mixed-use development options including retail, residential, multi-family, and boutique commercial. Situated within a designated Opportunity Zone and active CRA district, investors may also benefit from substantial tax incentives and city-supported growth initiatives.

Property Overview:

Lot 1 (4320 N Nebraska Ave | 12,600 SF): Parking lot + Ice machine producing $1,100/month.
Lot 2 (4330 N Nebraska Ave | 5,481 SF): Commercial parcel with small restaurant + key shop producing $3,000/month.
Lot 3 (815 E Chelsea St | 2,263 SF): 1,260 SF garage/storage—vacant, ideal for adaptive reuse or expansion.
Lot 4 (813 E Chelsea St | 4,650 SF): Charming 1940s bungalow (approx. 3,631 SF) with projected rental income of $2,500/month.
Total Current Income: Approx. $6,600/month, with substantial upside through lease-ups, improvements, or phased redevelopment.

Investment Highlights:

Flexible Zoning (SH-CG): Ideal for mixed-use or high-density residential.
High-Income Area: Median household income $78,604+ and rising.
Rental Demand: Median rents in the $2,500/month range support consistent cash flow.
Historic Character: Includes a 1940s bungalow with adaptive reuse or boutique commercial potential.
Opportunity Zone & CRA Location: Tax advantages + city support for ADUs, walkability, and neighborhood revitalization.
Infill & Multi-Family Growth: Area attracting significant private and public redevelopment—townhomes, duplexes, and multi-family projects are underway.
Green ARTery Network Access: Trail system connects to Tampa Heights, Ybor City, and Riverwalk—boosting lifestyle value and desirability.
Why Southeast Seminole Heights?

Recognized for historic bungalow charm (nationally featured in 2003 & 2025)
Median home prices surged 41 YoY (Feb 2025)—$600K+ in nearby historic zones
Zoning changes allow greater density—townhouses and duplexes now permitted in formerly single-family zones
Development momentum is strong, with city-backed support for increased connectivity, infill, and urban living
Whether you're a seasoned investor, developer, or visionary entrepreneur, this property offers a rare mix of cash flow, character, location, and upside potential. With the right strategy, this site is poised to deliver exceptional returns in a neighborhood on the rise.

## Location

- **Address:** 4320 N NEBRASKA AVENUE, TAMPA, FL 33603
- **County:** Hillsborough
- **Neighborhood:** MAXWELLTON SUBDIVISION
- **Coordinates:** 27.984791, -82.451551
- **Google Maps:** https://www.google.com/maps?q=27.984791,-82.451551

## Listing Agent

- **Name:** Madlena McAllister
- **Brokerage:** BHHS FLORIDA PROPERTIES GROUP
- **Phone:** 8132039758
- **Email:** madlenaflrealtor@gmail.com

## Primary Photo

![4320 N NEBRASKA AVENUE - Primary Photo](http://lh.rdcpix.com/7f99196b7545b4bc0679f69ad2e008a6l-f1114941267r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/4320-n-nebraska-avenue-tampa-fl-33603-b8411513)*

---

**MLS#:** TB8411513 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/4320-n-nebraska-avenue-tampa-fl-33603-b8411513)

---

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