7502 N 40TH STREET
Tampa, FL, 33604 $ 440,000
Baths0.0 Monthly Estimate*
$ 2,778
Studio for $440,000. The lot size is 0.39.
**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.
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FeaturesGeneralSewer Public Sewer
Utilities Public
Possession Close Of Escrow Negotiable
Zoning CG
Tax Year 2025
Current Use Commercial
Ownership Fee Simple
County Hillsborough
Property Type Land
Subdivision Name TEMPLE CREST UNIT 3
Status Active
Directions From 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.
City TAMPA
MLS Area 33604 - Tampa / Sulphur Springs
Lot Size Units Square Feet
Lot Size Square Feet 16798
Listing Terms Cash Conventional FHA Owner May Carry
Tax Annual Amount 2027.56
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 13
Legal Description TEMPLE 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
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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ExteriorLot Features Cleared Corner Lot City Lot Near Public Transit Oversized Lot Sidewalk Street Lights
Water Source Public
Lot Size Area 16798
Lot Dimensions 63 x 128
Lot Size Acres 0.39
Road Surface Type Paved Asphalt
Waterfront Y/N false
Road Frontage Type Street Lights Street Paved
Road Responsibility Public Maintained Road
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* Excluded FeaturesList Byktershowski@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,778
- Monthly Property Taxes
- $169
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Tampa, FL
Average List Price $979,959
Percent of Sale Price 123%
About Tampa, FL 378,990 Population
25% Since 2002
$ 49,435 Median Income
37.04 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/3/2026 | $440,000 | | Listed Price |