3007 W Cypress Street, Tampa, FL 33609

$2,150,000
6,400
SqFt

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List Price
$2,150,000
Status
Active
Days on Market
165
Price Change
▼ $100,000 1786143944
MLS#
TB8477649
Property Style
Mixed Use
Year Built
1985
Living Area
6,400
Lot Size
16,500
Acres
0.38
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Unplatted
MLS Area Major
Tampa / Palma Ceia

Property Description

Midtown investment opportunity 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+ building SF multi-tenant commercial property 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 features dense residential neighborhoods, a 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, with tenants individually metered and responsible for their own electrical service. The parking lot was recently resurfaced, reducing near-term capital expenditure needs. Additionally, Units 4, 5, and 6 were completely remodeled in 2021 and 2025, providing updated interiors that support tenant retention and future rental upside. The property delivers stable in-place income with additional upside through rental growth and long-term corridor appreciation. Adding further value for prospective buyers, the seller has a current survey on file as well as a recent appraisal supporting a value well above the current listing price, providing additional due-diligence support for the offering. A current rent roll is available, with leases provided upon request. This is a compelling opportunity to acquire an income-producing commercial asset in a high-growth Tampa submarket with strong fundamentals and documented value.

Additional Information

Taxes Annual
$18879
Community Features
No Deed Restriction
Zoning
CG
Floor
Vinyl
Air Conditioning
Central Air
Exterior Construction
Stucco
Foundation
Block
Pool
No Pool
Garage Features
Parking Spaces - 13 to 18
Flood Zone Code
X
Parcel ID
A-15-29-18-ZZZ-000005-90970.0
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

Listing courtesy of THE SOMERDAY GROUP PL. 813-520-9123

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