5900 N Florida Ave |Redevelopment Opportunity

PRIME INVESTMENT OPPORTUNITY

Located in a transit-oriented community, this fantastic subject site presents a vacant, single-story concrete constructed office/ showroom and is prime real estate with seventy-seven feet of direct frontage on N. Florida Avenue. Boasting superior visibility and signage to nearly 18K vehicles that travel north and south along this busy corridor every day; this property sits in the middle of a dense residential submarket with an average household income of $72,992 within a 3 mile radius. The reported 2020 demographics for this area are great, showcasing population ranges of: 14,418 - 1 mile :: 144,534 - 3 mile :: 321,690 - 5 mile radius. Measuring 5,139 SF and zoned CI, this property represents a fantastic value-add opportunity of endless possibilities for production, manufacturing, distribution, warehouse or showroom/ office use. The building features 4 versatile rooms, a side entrance for loading and unloading, dual a/c systems, is wired for 220v and the subject lot measures .42 acres, offering room for parking and/or outside storage. This building may also be upgraded to a multi-tenant structure or completely utilized as a single user work/ production space presenting an opportunity to a new owner for a redevelopment venture to bring your unique style and flair to the heart of buzzing Seminole Heights. This superb combination of office/ warehouse is an ideal location for an owner/ user or investor/ landlord.

Property Highlights

• Seminole Heights Business District
• Direct Florida Avenue frontage
• Commercial (warehouse, distribution, light manufacturing)
• Large, single-story flex property
• Freestanding 5,139 SF bldg.
• 0.42 acres :: 18,480 SF Lot
• Zoned: CI
• Separate warehouse :: Rear storage
• Front and rear parking
• Fenced rear lot
• Dual A/C systems
• Building is wired for 220v
• Easily accessible to travelers on the buzzing thoroughfare of N. Florida Avenue and within walking distance for nearby residents.

Thriving area with new and happening restaurants, long standing office firms and retail tenants offering commerce and trade of all types

Vacant, ready for redevelopment

Investment Highlights

• Seminole Heights boasts one of the best business climates in the Central Tampa area due to its trade and commerce significance. Major industries such as retail, entertainment and dining benefit from the growing economy and rising residential influx.
• Great demographics: average household income of $72,992 within a 1-mile radius
• The SH-CI zoning district provides areas for intense commercial activity, permitting heavy commercial and service uses. Minimum lot size is 10,000 square feet. Maximum FAR is 1.0-1.5. Maximum height is 45 feet.
• Conveniently located 6/10ths of a mile from Interstate 275 North
• Highest and best use: Retail Storefront, Office/ Showroom or Professional Office