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Investment Highlights
- • 17,360-SF double-corner site in Tampa Heights, approximately five blocks from Armature Works and the Riverfront
- • Unique owner-user + redevelopment opportunity with the adjacent similarly sized parcel successfully redeveloped into nine luxury townhomes
- • 3,615 SF of air-conditioned professional office space plus wraparound porch and attached 3-car garage — approximately 5,113 SF total under roof
Executive Summary
Positioned in the heart of Tampa Heights, 402 E 7th Avenue presents a rare opportunity to acquire a distinctive professional office property on a substantial 17,360-square-foot double-corner site, combining immediate owner-user functionality with compelling long-term redevelopment potential. Located approximately five blocks from Armature Works and the Riverfront and minutes from Downtown Tampa, Ybor City and the GasWorx redevelopment, the property is ideally positioned within one of Tampa’s fastest-growing urban corridors.
Currently configured as professional law offices, the property features approximately 3,615 square feet of air-conditioned interior space and approximately 5,113 square feet total under roof, including a wraparound porch and attached three-car garage. The building offers an impressive professional presence with an elegant front entry, dramatic central rotunda and soaring 11-foot ceilings throughout the primary reception, conference and gathering areas.
The thoughtfully designed floor plan is divided into two functional office wings by the central rotunda, allowing for total owner occupancy or the flexibility to accommodate separate or shared office operations. Private offices, conference areas, multiple bathrooms and a conveniently located break room with kitchenette provide a highly functional layout suitable for professional, medical, creative or executive office uses. The attached three-car garage also includes a full stand-up, decked attic offering substantial additional storage.
Beyond its immediate owner-user appeal, the property offers significant future redevelopment potential. The 17,360-square-foot parcel mirrors the size and configuration of the adjacent site that was successfully redeveloped into nine luxury townhomes, demonstrating the possibilities for future residential or expanded commercial development, subject to applicable zoning and approvals.
With its combination of a move-in-ready professional building, substantial double-corner site, parking and garage capacity, prominent Tampa Heights location and long-term land value, 402 E 7th Avenue offers a unique opportunity for an owner-user, investor or developer seeking both current utility and future upside in one of Tampa’s most dynamic growth areas.
Currently configured as professional law offices, the property features approximately 3,615 square feet of air-conditioned interior space and approximately 5,113 square feet total under roof, including a wraparound porch and attached three-car garage. The building offers an impressive professional presence with an elegant front entry, dramatic central rotunda and soaring 11-foot ceilings throughout the primary reception, conference and gathering areas.
The thoughtfully designed floor plan is divided into two functional office wings by the central rotunda, allowing for total owner occupancy or the flexibility to accommodate separate or shared office operations. Private offices, conference areas, multiple bathrooms and a conveniently located break room with kitchenette provide a highly functional layout suitable for professional, medical, creative or executive office uses. The attached three-car garage also includes a full stand-up, decked attic offering substantial additional storage.
Beyond its immediate owner-user appeal, the property offers significant future redevelopment potential. The 17,360-square-foot parcel mirrors the size and configuration of the adjacent site that was successfully redeveloped into nine luxury townhomes, demonstrating the possibilities for future residential or expanded commercial development, subject to applicable zoning and approvals.
With its combination of a move-in-ready professional building, substantial double-corner site, parking and garage capacity, prominent Tampa Heights location and long-term land value, 402 E 7th Avenue offers a unique opportunity for an owner-user, investor or developer seeking both current utility and future upside in one of Tampa’s most dynamic growth areas.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,319 SF
Building Class
B
Year Built
2000
Price
$3,445,164 CAD
Price Per SF
$797.68 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,319 SF
Building FAR
0.25
Lot Size
0.40 AC
Zoning
PD - PD Zoning (Ord. 99-76). Existing professional office use on a double corner lot with potential future redevelopment opportunities.
Parking
6 Spaces (1.39 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 402 East, Llc.
- Management of Companies and Enterprises
- -
- -
- -
- Bryant A. Scriven P.A.
- Professional, Scientific, and Technical Services
- -
- -
- -
- Keith A Warshofsky Pa
- Professional, Scientific, and Technical Services
- -
- -
- -
- McCarty Gonzalez Pavlidis & Whidden, LLC
- Professional, Scientific, and Technical Services
- -
- -
- -
- Meeks & Friscia Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
- Whidden Brown PL
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 402 East, Llc. | Management of Companies and Enterprises | - | - | - | ||
| Bryant A. Scriven P.A. | Professional, Scientific, and Technical Services | - | - | - | ||
| Keith A Warshofsky Pa | Professional, Scientific, and Technical Services | - | - | - | ||
| McCarty Gonzalez Pavlidis & Whidden, LLC | Professional, Scientific, and Technical Services | - | - | - | ||
| Meeks & Friscia Inc | Professional, Scientific, and Technical Services | - | - | - | ||
| Whidden Brown PL | Professional, Scientific, and Technical Services | - | - | - |
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Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | A-13-29-18-4XV-000000-00006.0 | Improvements Assessment | $1,226,859 CAD |
| Land Assessment | $138 CAD | Total Assessment | $1,226,997 CAD |
Property Taxes
Parcel Number
A-13-29-18-4XV-000000-00006.0
Land Assessment
$138 CAD
Improvements Assessment
$1,226,859 CAD
Total Assessment
$1,226,997 CAD
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