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Rich Henderson

rich@myrealtorrich.com +1(630) 338-3792

$ 1,350,000

Est. payment | -/mo

0.25 Acres Lot

Save Virtual Tour

$ 1,350,000

Est. payment | -/mo

Save Virtual Tour

0.25 Acres Lot

Key Details

Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Munro & Mc Intoshs Add

MLS Listing ID TB8551667

HOA Y/N No

Annual Tax Amount $7,527

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 86 X 127

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

RM-24 | 10,922 SF | CORNER LOT | ALLEY ACCESS | 8 EXISTING RESIDENTIAL UNITS. BUILDERS & INVESTORS—amazing redevelopment opportunity in booming TAMPA HEIGHTS; one of the most vibrant and fastest-growing neighborhoods in Tampa! This is one of the few remaining large parcels in this highly active redevelopment area. This corner lot fronts N Highland Ave & W Frances Ave, with alley access along the north side, creating exceptional possibilities for future development. Located just ONE BLOCK FROM THE KAMINGO, an innovative and a modern mixed-use residential/retail development, slated to open in 2027; 2402 N Highland Ave is surrounded by significant new construction, redevelopment, and investment. The proximity of this parcel to the many Tampa Heights Properties in development now, gives new energy to the possibilities of its future use. This parcel currently has TWO single-family homes, a SIX-unit apartment building, and a detached garage/storage building. All units are separately metered and Short-term rentals are allowed. This Exceptional Tampa Heights location is just blocks from Armature Works, the scenic Tampa Riverfront Waterworks park, Highland Park, the YMCA, Perry Harvey Sr. Parks' skate park, a variety of shopping options, entertainment hubs, fine dining, as well as cultural/artistic venues and a short walk or bike ride to the river- with convenient access to Downtown Tampa, Ybor City and Tampa International Airport. With Tampa Heights continuing to experience substantial residential and commercial growth, parcels of this size, zoning, and location are becoming increasingly difficult to find.
This property has not changed ownership since 1960 and the owner currently rents the units at below-market rental rates, MTM, and has used this property as a service to the community for the past 15 years.
SELLER FINANCING: Seller will CONSIDER financing with a minimum HALF of purchase price down payment with a short-term FIRST mortgage only; -no second mortgage.
TENANT OCCUPIED — PLEASE DO NOT TRESPASS OR DISTURB TENANTS. Property tours are available BY APPOINTMENT ONLY with a minimum 72-hour lead time. Sight-unseen offers may not be seriously considered. (Buyer shall verify all information and measurements)

Location

State FL

County Hillsborough

Community Munro & Mc Intoshs Add

Area 33602 - Tampa

Zoning RM-24

Exterior

Utilities Available BB/HS Internet Available, Natural Gas Available, Sewer Connected, Water Connected

View Y/N No

Water Access No

Exposure East

Building

Lot Description Corner Lot, Fire Hydrant, City Limits, Level, Near Public Transit, Oversized Lot, Sidewalk, Special Taxing District, Street Brick, Street Lights

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Graham-Hb

Middle Schools Madison-Hb

High Schools Hillsborough-Hb

Others

Pets Allowed Yes

Ownership Fee Simple

Acceptable Financing Cash, Owner Financing

Listing Terms Cash, Owner Financing

Special Listing Condition None

Virtual Tour https://realestate.febreframeworks.com/videos/01a0d476-919b-734c-bce6-c2a642f6fa9c

Listed by Stacy Dillard LPT REALTY, LLC

Schools and Properties Nearby

Learn More About LPT Realty

Rich Henderson

Sales Executive License ID: SL3522272

rich@myrealtorrich.com

+1(630) 338-3792

2402 N HIGHLAND AVE Tampa, FL 33602

Rich Henderson

Key Details

Location

Exterior

Building

Schools

Others

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2402 N HIGHLAND AVE