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$ 900,000
Est. payment /mo
Active
408 E PALM AVE Tampa, FL 33602
9,147 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Fuchs Sub Of Blocks 1
MLS Listing ID TB8437240
HOA Y/N No
Annual Tax Amount $6,448
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 68x133
Property Sub-Type Residential
Source Stellar MLS
Property Description
Price improvement. 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.
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.
Location
State FL
County Hillsborough
Community Fuchs Sub Of Blocks 1
Area 33602 - Tampa
Zoning RM-24
Exterior
Fence Chain Link
Utilities Available Public
Building
Lot Description Cleared
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Listed by Michele Frasure EZ CHOICE REALTY






