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8624 N Florida Ave 1,276 SF 100% Leased Retail Building Tampa, FL 33604 $3,172,298 CAD ($2,486.13 CAD/SF) 4% Cap Rate


Investment Highlights
- Existing structures include a primary retail/service building, metal storage sheds, and a residential unit.
- Located near major routes with convenient access to I-275, providing strong customer and commuter connectivity.
- CI zoning allows a broad mix of commercial uses, including retail, automotive, and service-oriented businesses.
Executive Summary
Positioned on a highly visible corner along North Florida Avenue, this 0.51-acre commercial site offers exceptional exposure with frontage on a major traffic corridor in Tampa. The property consists of four combined lots with improvements that include a main retail/auto service building, multiple covered metal structures for outdoor storage or workshop use, and a single-family residential structure. With CI zoning, the site supports a wide range of commercial and mixed-use redevelopment possibilities.
Accessible from key thoroughfares including I-275 and Busch Blvd, the location is within a dense urban trade area offering significant traffic counts and strong connectivity to downtown Tampa and surrounding neighborhoods. Existing infrastructure includes dedicated parking, pylon signage, and a signalized intersection to maximize access and visibility for future operations. This is an attractive opportunity for investors or owner-users seeking a rare assemblage with redevelopment flexibility in a growing Tampa submarket.
Accessible from key thoroughfares including I-275 and Busch Blvd, the location is within a dense urban trade area offering significant traffic counts and strong connectivity to downtown Tampa and surrounding neighborhoods. Existing infrastructure includes dedicated parking, pylon signage, and a signalized intersection to maximize access and visibility for future operations. This is an attractive opportunity for investors or owner-users seeking a rare assemblage with redevelopment flexibility in a growing Tampa submarket.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$146,753
|
$115.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$146,753
|
$115.01
|
| Taxes |
$62,067
|
$48.64
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$62,067
|
$48.64
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $146,753 |
| Annual Per SF | $115.01 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $146,753 |
| Annual Per SF | $115.01 |
| Taxes (CAD) | |
|---|---|
| Annual | $62,067 |
| Annual Per SF | $48.64 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $62,067 |
| Annual Per SF | $48.64 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,276 SF
Building Class
C
Year Built
1956
Price
$3,172,298 CAD
Price Per SF
$2,486.13 CAD
Cap Rate
4%
NOI
$126,892 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
1.00 AC
Zoning
CI - Commercial Intensive
Parking
12 Spaces (9.4 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bj's Custom Auto Upholstery
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bj's Custom Auto Upholstery | Retailer | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | A-24-28-18-3EN-000003-00001.0 | Total Assessment | $710,871 CAD |
| Land Assessment | $479,196 CAD | Annual Taxes | $62,067 CAD ($48.64 CAD/SF) |
| Improvements Assessment | $231,674 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
A-24-28-18-3EN-000003-00001.0
Land Assessment
$479,196 CAD
Improvements Assessment
$231,674 CAD
Total Assessment
$710,871 CAD
Annual Taxes
$62,067 CAD ($48.64 CAD/SF)
Tax Year
2025
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8624 N Florida Ave
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