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33544598
33544978

1007 FRANKLIN ST, TAMPA, FL 33602

CP
FL SL3236442
Engel & Völkers New Smyrna Beach
LB
FL 261224711
Engel & Völkers New Smyrna Beach
Listed by Engel & Völkers New Smyrna Beach
$3,490,000
6 days on market
Updated 6 days ago
Opportunity zone

1007 N Franklin St, Tampa, FL

Details
APN 193290.0000
Property Type Multifamily, Mixed Use (+1)
Square Footage 15,878
Net Rentable (SqFt) 15,878
Tenancy Vacant
Broker Co-Op True
Year Built 1895
Buildings 1
Stories 3
Lot Size (SqFt) 5,806
Zoning CBD-1
Investment Type Redevelopment
Ground Lease No
Ownership Fee Simple
Sale Condition N/A

Mixed Use Building / Redevelopment Site – Downtown Tampa

Marketing description

Positioned in the heart of Downtown Tampa’s rapidly evolving urban core, this exceptional mixed-use commercial building and redevelopment opportunity offers investors and developers the chance to acquire a highly strategic asset along Historic Franklin Street. Surrounded by transformative residential towers, hospitality projects, and expanding commercial developments, the property is ideally situated within one of Tampa’s most dynamic growth corridors.

The property consists of an approximately ±5,460 SF site improved with an existing ±15,878 SF three-story commercial/office building constructed of durable block construction. Zoned CBD-1 (Central Business District) within the City of Tampa, the site allows for a broad range of high-density mixed-use redevelopment opportunities including residential, hospitality, office, retail, and entertainment-oriented uses. Additionally, the offering presents the potential to assemble adjoining parcels, creating an expanded footprint for larger-scale future development.

Located within both a designated Opportunity Zone and the Downtown Tampa Community Redevelopment Area (CRA), the property benefits from significant redevelopment and investment incentives that further enhance its long-term value potential.

Directly across from Herman Massey Park, the property enjoys attractive park and green space views while offering immediate walkability to many of Downtown Tampa’s premier destinations including the Tampa Riverwalk, Amalie Arena, restaurants, entertainment venues, retail destinations, and cultural attractions. This is a rare opportunity to secure a highly visible urban redevelopment site in one of Florida’s fastest-growing and most sought-after downtown markets.

Investment highlights

  • Prime Mixed-Use Commercial Building / Redevelopment Opportunity in the Heart of Downtown Tampa
  • Strategically positioned along Historic Franklin Street, surrounded by transformative residential, hospitality, and commercial development activity
  • Zoned CBD-1 (Central Business District) – City of Tampa, allowing for a wide range of high-density mixed-use development opportunities
  • Located within both an Opportunity Zone and Downtown Tampa CRA District, providing significant potential redevelopment and investment incentives
  • ±5,460 SF Site - *Potential to assemble adjoining parcels for an expanded development footprint
  • Existing ±15,878 SF 3-Story Commercial / Office Building - Block Construction
  • Prominent location directly across from Herman Massey Park offering attractive green space and park views
  • Highly walkable urban location just minutes from the Tampa Riverwalk, Amalie Arena, restaurants, entertainment venues, and cultural attractions

Listing Contacts

CP
FL SL3236442
Engel & Völkers New Smyrna Beach
LB
FL 261224711
Engel & Völkers New Smyrna Beach
Listed by Engel & Völkers New Smyrna Beach

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Additional Information

Name
Chris Pixley
License
SL3236442
Brokerage Phone
3862136899
Name
Logan Berkowitz
License
261224711
Brokerage Phone
398-213-6899
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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