Active

$2,700,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 6400 sq ft
Overview
  • ID: MFRTB8477649
  • Bedrooms:
  • Bathrooms: 0
  • Size: 6400 sq ft
Property Details
Remarks
Midtown investment opportunity is strategically located along the highly traveled W. Cypress Street corridor, just minutes from the rapidly expanding Midtown Tampa district. 3007 W. Cypress Street, Tampa, FL 33609 features an approximately 7,600+ Bldg SF multi-tenant commercial building positioned within one of Tampa’s most active redevelopment corridors. The property benefits from strong street frontage, excellent visibility, and convenient access to I-275, Kennedy Boulevard, Downtown Tampa, Tampa International Airport, and Midtown Tampa. The surrounding area is characterized by dense residential neighborhoods, strong daytime population, and continued commercial and mixed-use development, supporting long-term tenant demand and rental growth. From an investment standpoint, the asset offers efficient operating expenses, as tenants are individually metered and responsible for their own electrical service. The parking lot was recently resurfaced, reducing near-term capital expenditure concerns. Additionally, Units 6, 5, and 4 were completely remodeled in 2021 and 2025, providing modernized interiors that support stronger tenant retention and future rental upside. Zoned for commercial use, the property delivers stable in-place income with upside potential through rental growth and long-term corridor appreciation. A current rent roll is available, with leases provided upon request, making this a compelling opportunity for investors seeking exposure to a high-growth Tampa submarket.
Financial Considerations
Price:
$2,700,000
HOA Fee:
N/A
Tax Amount:
$18879
Price per SqFt:
$351.2
Tax Legal Description:
TRACT DESC AS BEG 50 FT N AND 287 FT E OF SW COR OF SW 1/4 OF SE 1/4 RUN N 150 FT E 110 FT S 150 FT AND W 110 FT TO POB
Exterior Features
Lot Size:
16500
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 13 to 18
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Vinyl
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1985
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    3007 W CYPRESS ST
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