- Properties
- Meet our agents
- Communities
- Market Report
- Home Value
- Calculator
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
11,778
NORTH NEBRASKA AVE REDEVELOPMENT ASSEMBLAGE — ±0.48 ACRE, CI ZONING, INCOME IN PLACE Four contiguous, commercially zoned parcels at 8127, 8133, 8139 & 8145 N Nebraska Ave assemble ±0.48 acre (±20,900 SF) and ±200 ft of continuous frontage into a single, development-ready site in Tampa's Sulphur Springs district — corridor-fronting infill land that rarely trades in one piece this close to Downtown Tampa. All four folios are under single ownership and sold together: one contract, one closing. Two existing buildings totaling ±11,778 SF are configured as up to five rentable units with two currently leased, providing income in place to carry the site through design and entitlement. A redevelopment and community-improvement opportunity on a City of Tampa priority corridor. The Sulphur Springs Neighborhood Action Plan (2025) guides new housing, walkability, and reinvestment, and mixed-use/residential projects are already rising nearby. WHY IT WORKS FOR MULTIFAMILY / MIXED-USE CI (Commercial Intensive) zoning on a transit corridor — the land-use base Florida's Live Local Act rewards for residential density Live Local Act pathway to by-right multifamily density and height (no rezoning) when 40%+ of units are affordable at 120% AMI or below Missing Middle property-tax exemption — up to 100% ad valorem exemption on affordable units LIHTC-eligible census tract; no Florida state income tax Potential Florida Brownfield incentives (subject to environmental review) Single ownership removes assemblage holdout risk RIVERFRONT SETTING Platted in 1904 as the original "Sulphur Springs Addition to Tampa," the neighborhood is anchored by the historic 214-ft Sulphur Springs Water Tower (1927). Just west toward the Hillsborough River: River Tower Park, Sulphur Springs Park (natural spring + spring-fed pool), and the Sulphur Springs Trail greenway, with ZooTampa at Lowry Park downstream — a built-in amenity base that supports rents and absorption. TAMPA BAY GROWTH One of the fastest-growing U.S. metros — 3.3M+ residents and a projected +397,000 by 2030, in a state with no personal income tax. Billions in capital are reshaping the core (Water Street Phase 2, Gasworx, Rome Yard, USF's on-campus stadium), and North Nebraska Ave is positioned to absorb the spillover — minutes from Downtown Tampa (~5 mi), USF (~4 mi) and I-275, ~15 min to Tampa International Airport. USE PATHWAY: Hillsborough County land use — Commercial. City of Tampa zoning — CI. Future Land Use — CMU-35 (confirm with City Planning). Residential/mixed-use achievable by right via the Live Local Act; recommended use: mid-rise mixed-income multifamily with ground-floor commercial. Final entitlements, unit yield, and incentive eligibility subject to verification with the City of Tampa and qualified counsel.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
Secured
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot, Near Public Transit, Paved
-
Lot Size(acres)
0.48
-
Lot Size(square feet)
21,002
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$1,550,000
-
Tax Amount
$14,488
-
Sq. Footage
11,778
-
Price/SqFt
$131
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Concrete Perimeter
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
000010
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Hillsborough
Elementary School
Middle School
High School
Listing Courtesy of Virginia Torres Bond, ENGEL & VOLKERS TAMPA DOWNTOWN
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.