2124 S 78th St, Tampa, FL 33619 | For Sale

Loading map...
Back to Search    

For Sale $950,000 ($471.23 per Sq Ft)

$950,000 ($471.23 per Sq Ft)
  • (0)
  • Units
  • 2,016 Sq Ft
  • 121,900 Sq Ft
  • Unknown Cap Rate

Description

**Prime Commercial Real Estate Opportunity in Tampa Area – 2.8 Acres MOL** (price does not include business)
Seize a remarkable investment opportunity with this 2.8 -acre property strategically located in a thriving commercial neighborhood of Tampa. This property, currently zoned for both CN (Commercial Neighborhood) and BPO (Business, Professional Office), offers a versatile foundation for various commercial endeavors or office industrial developments.
**Acreage:** 2.8 acres MOL, with a professional survey available.
**Zoning:** Dual zoning CN and BPO – ideal for a mix of retail, service, and professional office applications.
**Future Land Use:** R-9, offering potential for residential development up to 9 units per acre.
Development Potential:
The current R-9 land use designation opens the door for rezoning for residential building projects, including high-density housing. With the adjacent property also for sale, there's a combined potential of approximately 5 acres (carwash property located at 2134 S 78th Street), presenting a rare chance to develop government housing or a mixed-use complex that can cater to a growing demand in the area.
Located in a bustling commercial district with easy access to major highways, local businesses, and community amenities, this property positions future developments at the heart of convenience and growth.
Whether you're looking to expand current commercial structures or explore residential developments, this property offers the flexibility to align with market demands. Its robust zoning permissions and significant acreage make it a prime candidate for a landmark project in Tampa.
This listing accentuates the property’s flexible use under current zoning laws and its potential for future residential or mixed developments, making it an attractive investment for commercial developers and government housing planners alike.
Current Lease Details:
• Tenant Stability: A reliable tenant in place, having recently renewed their lease option for an additional 5 years as of April 1, 2024.
• Annual Rent Increase: Contractual rent increase of 2% per year, ensuring a growing income.
• Lease Documentation: Full lease details available upon request.
This 2.8 acre site consists of a 2,016 SF convenience store structure (price does not include business) along busy 78th Street in the heart of Claire Mel. The property has excellent parking, additional storage opportunity, room for expansion and excellent visibility and signage with exposure to almost 20,000 cars per day. No historical c-store sales data will be available. There is currently a tenant on site paying estimated $2600 per month plus sales tax gross for c-store and paved parking area only. Additional covered area adjacent to the store can be leased to increase income and has been rented for food trucks, car detailing and fruit stands over the years. The convenience store and adjacent covered storage structure utilizes approximately 20,000 SF of land while approximately 101,899 SF or 2.34 acres lie to the east of the store. This land is also zoned BPO and has a Future Land Use of Residential 9 (.35 FAR). Potential use for this "excess" land is a 50,949 SF residential development of 21 units or a potential commercial office development totaling 35,664 SF of building.

Loading map...

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

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $950,000
Property Type Retail
Usable Sqft 2,016
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1977
Last Sold Unknown
Sold Price Unknown
APN # U25291966300000153830.0
MLS # T3520390
Property ID 319830750
Lot Sqft 121,900
Zoning BPO
Days on Market 278
Original List Price $950,000
Date Updated September 27, 2024
Date Created April 18, 2024

Financials not available online. Please inquire with your agent for more details.

$
%
Compare rates
%
Your payment

per month
Estimated payment
Loan amount
Down payment
Interest rate
Loan term
Taxes & insurance included?
Property tax
Homeowner's insurance
HOA dues

Payment Breakdown

Your payment

per month

Amortization

Principal vs. interest



Our powerful mortgage calculator tools helps you estimate your potential mortgage payment on the purchase of a property. Use our tool to find the ideal combination of interest rates, downpayment and real estate purchase price to see the payment that best suits you. Please consult a licensed loan officer to be pre-approved for financing options.

Listing Provided By

Elena Mejias, P.A. an agent of . Lic #3343446


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of September 27, 2024 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.



Similar Properties

Real Estate Broker
Santa Monica, CA
WE ARE REALTY PARTNER
5
7 Reviews
  • 64Sales
  • 17Listings
  • 36Posts
Contact Agent Schedule a Showing

Write an Offer
Love This Property

people love this property

Love This Property