7502 N 40TH STREET TAMPA, FL - Image 17502 N 40TH STREET TAMPA, FL - Image 27502 N 40TH STREET TAMPA, FL - Image 37502 N 40TH STREET TAMPA, FL - Image 47502 N 40TH STREET TAMPA, FL - Image 5

$440,000

0 Beds 0 Baths 480 SQFT 0.39 Acres
Type: Commercial

7502 N 40TH STREET
TAMPA, FL 33604

MLS#: TB8525301
Jake Edel
Jake Edel
The Real Estate Advantage
Real Estate Professional
Phone: 507.321.0450
Office: 952.898.5800
Presented by: MUSGRAVE GROUP LLC with 727-667-1879. - 727-667-1879

Property Description

 

**Seller financing available with an acceptable down payment** Discover an exceptional redevelopment opportunity on this cleared, buildable commercial parcel in a high-visibility location along Tampa's thriving 40th Street corridor. This landmark property was home to a beloved family-owned seafood market that successfully served the community for more than 50 years and is now ready for its next chapter. With public water, sewer, and high-speed internet available, the site is primed for development. Zoned General Commercial (CG), the property offers a wide range of potential uses, including retail, office, restaurant, mixed-use, and other commercial ventures. A standout feature is its three existing curb cuts, providing exceptional access, improved traffic flow, and added flexibility for future site design—an increasingly valuable asset for developers and business owners alike. Conveniently located with easy access to major roadways, public transportation, and surrounding amenities, the property offers outstanding visibility and accessibility. For buyers exploring residential redevelopment, the site may have the potential for approximately 10–12 residential units, subject to final site design, density, zoning approvals, and applicable county requirements. Buyers are encouraged to conduct their own due diligence with Hillsborough County regarding zoning, permitted uses, variances, and development requirements. Whether you're an owner-user, developer, or investor seeking your next project, this unique property offers tremendous upside in one of Tampa's rapidly growing corridors. Contact us today for additional information or to schedule your private tour.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CityTAMPA
Construction MaterialsOther
CoolingOther
CountyHillsborough
DirectionsFrom I-275, take Busch Blvd east to N. 40th St. Turn right (south) on N. 40th St. Property is approximately 1 mile south on the northwest corner of N. 40th St. and E. Norfolk St.
Facing DirectionEast
Flood Zone Codex
Flood Zone Code XY
Legal DescriptionTEMPLE CREST UNIT NO 3 S 12 1/2 FT OF E 32 FT OF LOT 13 AND E 32 FT OF LOT 14 & ALLEY ABUTTING & LOTS 15 16 & S 1/2 OF LOT 17 BLOCK 43 LESS RD R/W TOGETHER WITH LOTS 13 AND 14 AND S 1/2 OF LOT 12 BLOCK 43 LESS E 32 FT THEREOF
Listing TermsCash, Owner May Carry
Living Area Units0 sqft
Lot Size Square Feet16,798 sqft
Lot Size UnitsSquare Feet
MLS Area33604 - Tampa / Sulphur Springs
New ConstructionNo
OwnershipFee Simple
PossessionClose Of Escrow, Negotiable
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Subdivision NameTEMPLE CREST UNIT 3
Tax Annual Amount$2,028
Tax Lot13
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1957
ZoningCG

Exterior

Building Area Total16,798 sqft
Foundation DetailsOther
Lot Dimensions63 x 128
Lot FeaturesStreet Lights
Lot Size Acres0.39
Lot Size Area16,798 sqft
Number of Buildings0
Road Frontage TypeStreet Lights, Street Paved, Access Road, City Street
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved, Asphalt
VegetationTrees/Landscaped
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$440,000

0 Beds 0 Baths 480 SQFT 0.39 Acres
Type: Commercial

7502 N 40TH STREET
TAMPA, FL 33604

MLS#: TB8525301
Jake Edel
Jake Edel
The Real Estate Advantage
Real Estate Professional
Phone: 507.321.0450
Office: 952.898.5800