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3421 W Kennedy Blvd 4,850 SF Retail Building Tampa, FL 33609 $5,878,315 CAD ($1,212.02 CAD/SF)

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Investment Highlights

  • Kennedy Urban Corridor
  • Very Centrally located with arterial roadways in all directions
  • Three lots fronting with North and South entrance

Executive Summary

LAND and LOCATION
Positioned along one of Tampa’s most recognized commercial corridors, *3421 W Kennedy Blvd* presents a rare opportunity to control high-visibility land in the heart of South Tampa. This offering is about location, frontage, and long-term developer upside in a submarket defined by strong demographics, sustained growth, and limited infill supply. Premier South Tampa Location Situated directly on W Kennedy Boulevard, the site benefits from: - Prime arterial frontage with exceptional daily traffic exposure - Immediate access to **Dale Mabry Highway, I-275, and the Selmon Expressway** - Minutes to **Downtown Tampa, Midtown Tampa, Westshore Business District, and Tampa International Airport** - Proximity to dense, established residential neighborhoods in South Tampa Kennedy Boulevard is one of Tampa’s most active commercial spines, connecting Westshore’s office and retail hub to Downtown’s urban core. This central positioning supports retail, office, medical, hospitality, and mixed-use concepts. #Developer-Driven Value This property offers compelling fundamentals for investors and builders seeking infill redevelopment: - **High-demand infill land** in a supply-constrained corridor - Strong surrounding demographics with above-average household incomes - Established retail and commercial ecosystem supporting new development - Excellent visibility and accessibility for customer-facing uses - Long-term land appreciation within a maturing urban submarket South Tampa continues to attract sustained residential and commercial investment, driving demand for strategically located parcels capable of higher-density or repositioned uses. Sites along Kennedy Boulevard are increasingly scarce, enhancing long-term value preservation and redevelopment potential. ## Strategic Investment Profile Whether targeting retail redevelopment, boutique office, medical, mixed-use, or long-term land banking, 3421 W Kennedy Blvd offers: - A **centralized Tampa address** with enduring market appeal - Strong traffic counts and brand visibility - Close proximity to employment centers and affluent neighborhoods - A location positioned to benefit from Tampa’s ongoing population and economic growth ## The Opportunity Infill land along W Kennedy Boulevard rarely becomes available. For developers seeking a location that combines **visibility, access, demographics, and long-term upside**, 3421 W Kennedy Blvd represents a strategic acquisition in one of Tampa’s most established and growth-oriented corridors. For additional information, zoning details, and development considerations, qualified inquiries are encouraged.
5000 square foot Concrete Building with three lots all Kennedy Frontage. Property Currently Occupied Please do not disturb tenant.
**Zoning District**: **CG (Commercial General)** - This zoning allows for a wide range of commercial uses such as retail, restaurants, offices, and service establishments. - Residential uses are generally limited, but mixed-use projects can be possible if they meet city requirements.
- **Future Land Use (FLU) Category**: **Urban Mixed Use-60 (UMU-60)** - This category allows up to **60 dwelling units per acre** for residential development. - Encourages **mixed-use projects** that integrate commercial, office, and residential uses. -
Supports **mid-rise development** along Kennedy Blvd, consistent with the city’s push for higher density in urban corridors.

The property is **intended for redevelopment** into either commercial or mixed-use projects. - **retail/restaurant space** on the ground floor with **apartments or offices above**. - Standalone commercial uses (like offices, shops, or dining) are fully permitted under the CG zoning. In short, the official designation confirms that the city envisions this property as part of a **denser, mixed-use urban corridor** - **Future Land Use (FLU) Category**: **Urban Mixed Use-60 (UMU-60)** - This category allows up to **60 dwelling units per acre** for residential development. - Encourages **mixed-use projects** that integrate commercial, office, and residential uses. - Supports **mid-rise development** along Kennedy Blvd, consistent with the city’s push for higher density in urban corridors.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,850 SF
Building Class
C
Year Built/Renovated
1958/1991
Price
$5,878,315 CAD
Price Per SF
$1,212.02 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.49 AC
Zoning
CG - Commercial General City of Tampa
Parking
10 Spaces (2.08 Spaces per 1,000 SF Leased)

Amenities

  • Dedicated Turn Lane
  • Pylon Sign

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Wool Kitchen & Bath, also known as Wool Plumbing Supply, is a privately held plumbing supply distributor headquartered in Miami, Florida. Founded in 1957 by Carl Wool, the company began as a small operation and has grown into one of Florida’s largest independent distributors of plumbing, kitchen, and bath products. Wool serves residential, multifamily, and commercial sectors, offering a wide range of fixtures, faucets, pipes, valves, and decorative products from leading manufacturers. The company operates nine showrooms and distribution centers across Florida, including locations in Miami, Fort Lauderdale, Tampa, Naples, and West Palm Beach. Wool has supported notable projects in hospitality and high-rise developments and remains family-owned. With over 140 employees, Wool emphasizes full inventory availability and delivery capabilities through its fleet of trucks.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

LA Fitness
Cyclebar South Tampa
Orangetheory Fitness
Seacoast Bank
Bank of America
Pei Wei
Five Guys
Outback Steakhouse
Village Inn
Carrabba’s Italian Grill

Property Taxes

Property Taxes

Parcel Number
A-22-29-18-3OA-000031-00019.0
Land Assessment
$1,669,655 CAD
Improvements Assessment
$556,315 CAD
Total Assessment
$2,225,970 CAD
  • Listing ID: 37691570

  • Date on Market: 2025-09-16

  • Last Updated:

  • Address: 3421 W Kennedy Blvd, Tampa, FL 33609

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