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408 E Palm Ave
For Sale $900,000 ($486.22 per Sq Ft)
$900,000 ($486.22 per Sq Ft)
- 3 Bedrooms
- 3 Bathrooms
- 1,851 Sq Ft
- 9,044 Sq Ft
Description
Price improvement. Seller motivated. Prime Tampa Heights corner lot with exceptional visibility and redevelopment flexibility.
Located at the corner of Palm Ave and Central Ave, this highly visible 68’ x 133’ (9,044 SF) parcel sits along a historic corridor with rear alley access and Flood Zone X. Larger than most neighborhood lots, the site offers strong frontage, efficient dimensions, and long-term upside in one of Tampa’s most active infill markets.
Lot dimensions and RM-24 zoning support efficient redevelopment, with an existing structure in place to generate income during the planning phase. By right, the property supports four townhomes, appealing to production and small-batch builders, while also offering the scale and presence suitable for a signature custom home. Additional density or mixed-use may be achievable through a Planned Development, subject to City approval.
The property includes a 3-bedroom, 2-bath, 1,851 SF single-family home with a covered front porch, providing flexibility for interim rental income or owner occupancy while redevelopment plans advance.
Tampa Heights continues to experience accelerated residential and institutional investment. Nearby planned improvements include a new YMCA campus with hotel, retail, office, residential uses and pickleball courts, a Pirate Water Taxi stop at Armature Works, and a future streetcar extension connecting Tampa Heights to Downtown.
Less than one mile from Downtown Tampa and walkable to Armature Works, the Riverwalk, parks, dining, and entertainment, with convenient access to Ybor City and major highways.
Recent price reduction positions this as a compelling opportunity for builders, developers, investors, or custom home buyers seeking visibility, zoning strength, and long-term value in Tampa Heights.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $900,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,851 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1947 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A1329184XT00000100010.0 |
| MLS # | TB8432111 |
| Property ID | 315854921 |
| Lot Sqft | 9,044 |
| Zoning | RM-24 |
| Days on Market | 129 |
| Original List Price | $1,200,000 |
| Applicances | Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer% |
| Date Updated | January 23, 2026 |
| Date Created | October 14, 2025 |
Listing Provided By
Michele Frasure an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 23, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT