NOT LISTED FOR SALE

Estimated Value: $322,000 - $510,000

0.56 Acre
$777,977 Price per Acre
24,394 Sq Ft Lot

Last Sold January 11, 2024

Last sale price $815,000

Est. 47% decrease in value since last sale

Current estimated payment $2,521/month

142 Days on Market

About This Lot

As of January 2024

Welcome to the heart of Seminole Heights, where this .56 acre piece of land is waiting for you to transform it into something extraordinary. With a Future Land Use designation of CC-35, the possibilities are endless. The lot is 148x165 and is a corner lot with alley access, which makes it an ideal spot for a potential mixed-use or townhome development, with the potential to accommodate 6-8 townhomes with a rezoning. It's a double lot with one of them currently zoned Res and one currently zoned Commercial, both of which have a FLU of CC-35. The property's prime location and bustling neighborhood offer ample opportunities for commercial ventures as well. A restaurant or multiple commercial spaces could thrive in this spot, with the brand new apartment building right across the street providing a steady stream of potential customers. But that's not all – the property already includes a fantastic 1,100 square foot office building and another smaller building, offering even more potential for income-generating ventures in the interim of redevelopment. Don't miss your chance to invest in one of Tampa's most sought-after neighborhoods. This lot is a rare find and offers limitless possibilities for savvy investors and developers. Survey is attached!

Last Agent to Sell the Property

Frank Albert

FRANK ALBERT REALTY Brokerage Phone: 813-546-2503 License #3245774 Listed on: 04/07/2023

Last Buyer's Agent

Jorge Braham

COMPASS FLORIDA LLC License #3464999

COMPASS FLORIDA LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,229

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 148x165
  • East Facing Home
  • Chain Link Fence
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned SH-CI

Community Details

  • Oakwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number A-36-28-18-4F9-B00000-00001.0
  • Tax Block B

Property Details

Property Type

Land

Est. Annual Taxes

$2,229

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.56
  • Lot Size Sq Ft: 24420
  • Number Of Lots: 2
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • Escrow City: tampa
  • Escrow State: FL
  • Escrow Street Name: w. de leon st
  • RATIO Current Price By Calculate: 33.37
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 813-546-2503
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: East
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12057C0214J

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: SH-CI
  • Parcel Number: A-36-28-18-4F9-B00000-00001.0
  • Additional Parcels: Yes
  • Current Use: Commercial
  • Fencing: Chain Link
  • Lot Dimensions: 148X165
  • Flood Zone Code: X
  • Future Land Use: CC-35

Tax Info

  • Tax Annual Amount: 2229
  • Tax Block: B
  • Tax Book Number: 3-89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Jan 9, 2024
Sold by
6304 Partners Llc
Bought by
Krause Nicolas and Krause Harry Grace
Seller's Agent
Frank Albert
FRANK ALBERT REALTY
Buyer's Agent
Jorge Braham
COMPASS FLORIDA LLC
List Price
$1,000,000
Sold Price
$815,000
Premium/Discount to List
-$185,000
-18.5%
Views
135
Current Estimated Value
$435,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$379,333
Avg. Annual Appreciation
-29.52%

Purchase Details

Closed on
Oct 29, 2020
Sold by
Mcelvy Donald W and Mcelvy Angeline L
Bought by
6304 Partners Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Krause Nicolas $815,000 None Listed On Document
6304 Partners Llc $210,000 Masterpiece Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $815,000 -9.4% --
08/28/2023 08/28/23 Pending -- -- --
05/28/2023 05/28/23 Price Changed $899,999 -10.0% --
04/07/2023 04/07/23 For Sale $1,000,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,757 $173,968 $173,968 --
2023 $2,525 $158,152 $158,152 $0
2022 $2,229 $128,865 $128,865 $0
2021 $3,309 $159,184 $96,649 $62,535
2020 $2,838 $145,244 $83,762 $61,482
2019 $2,687 $145,026 $83,762 $61,264
2018 $2,455 $126,941 $0 $0
2017 $2,062 $97,774 $0 $0
2016 $1,841 $87,918 $0 $0
2015 $1,698 $81,671 $0 $0
2014 $1,712 $80,103 $0 $0
2013 -- $77,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3438587

Stellar MLS

APN: A-36-28-18-4F9-B00000-00001.0