Great cash flowing portfolio

Description:

Mixed-Use Portfolio for Sale – N. 15th Street | Ybor City / East Tampa
• High-performing, income-producing mixed-use portfolio located along the N. 15th Street corridor in East Tampa near Ybor City
• Current annual pro forma: $87,600
• Commercial building recently leased at $48,000 annually
• Two long-term residential tenants on month-to-month leases generating $18,000/year and $21,600/year
• Adjacent vacant parcel provides potential for additional parking, storage, or future development
• Significant value-add and redevelopment potential, including possibilities for retail, office, or mixed-use development
• Attractive mixed-use investment opportunity in a rapidly emerging area
• N. 15th Street corridor is experiencing strong revitalization and redevelopment activity
Property Overview
• 0.76 acres total across four parcels
• 8,021 total square feet across three existing buildings
Portfolio Includes
• 3414 N. 15th Street: 3,430 SF vacant land parcel
• 3416 N. 15th Street: 4,952 SF commercial building
• 3420 N. 15th Street: 1,428 SF residential casita
• 1410 E. 27th Avenue: 1,641 SF residential bungalow
Location Highlights
• Located approximately 1 mile from Interstate 275 and Dr. Martin Luther King Jr. Boulevard
• Low-maintenance ownership opportunity with immediate cash flow
• Ideal highest and best use as a commercial/residential investment portfolio, including potential for retail, office, mixed-use, community services, service-based businesses, fitness studios, beauty salons, creative spaces, or meeting/event venues
• Located within a HUBZone and Qualified Opportunity Zone, offering potential business and tax incentives
Site Features
• Excellent redevelopment potential in a growing corridor
• Approximately 161 feet of frontage along N. 15th Street
• Dedicated on-site parking
• High visibility and strong street presence directly on N. 15th Street
Connectivity
• Minutes from Downtown Tampa, Seminole Heights, Ybor City, and Greater East Tampa
• Located just south of E. Lake Avenue and E. Dr. Martin Luther King Jr. Boulevard
• Immediate access to N. Nebraska Avenue via E. 28th Street
This portfolio offers a rare opportunity to acquire a well-located, income-producing asset with strong redevelopment potential in one of Tampa’s fastest-growing corridors.

Located in Ybor City – East Tampa, this property is positioned between E. 21st Avenue and E. Lake Avenue, and N. Nebraska Avenue and N. 22nd Street. It sits within both a Qualified Opportunity Zone—a federal tax incentive program encouraging long-term private investment in distressed communities—and a Qualified HUBZone, offering potential long-term tax advantages for tenants and business owners.
The site features an exceptional location with strong visibility and direct frontage on N. 15th Street, including approximately 161 feet of frontage along this corridor. It is conveniently located 1½ miles east of the Interstate 275 on-ramp at Dr. Martin Luther King Jr. Boulevard, 1 mile from the Historic District of Ybor City, 1.5 miles from E. Hillsborough Avenue, 5 miles from Busch Boulevard, and 2.4 miles from Downtown Tampa.
Traffic counts at N. 15th Street and E. 27th Avenue average approximately 4,300 AADT. The property is near a variety of dining, shopping, schools, public transportation, and expanding residential neighborhoods.
The location also offers excellent accessibility via N. Nebraska Avenue, N. 15th Street, E. Lake Avenue, N. 22nd Street, Interstate 275, and Dr. Martin Luther King Jr. Boulevard, along with other major thoroughfares. It is also just minutes from Downtown Tampa, Tampa International Airport, and the Greater East Tampa area.
Demographics within a 3-mile radius include a population of 127,238, with an average household income exceeding $81,008.
2025 Total Population Estimates:
• 1 Mile: 18,860
• 3 Miles: 127,238
• 5 Miles: 286,796
Call today to schedule a showing.

INVESTMENT HIGHLIGHTS (N. 15th Street)
Unlock the potential of this four-parcel, 8,021 SF mixed-use portfolio located in the heart of East Tampa. Fully occupied and generating over $87,600 in annual lease revenue, this property presents a strong opportunity for investors seeking stable income with future upside.
The commercial building is recently leased to a community church through November 1, 2026, providing dependable cash flow from a regionally recognized tenant. The portfolio also includes two income-producing bungalows currently on month-to-month leases, along with a vacant land parcel designated for on-site parking, offering flexibility for increased rental income or potential owner occupancy in the future.
Zoning Details
• CI (Commercial Intensive): Allows for a wide variety of commercial uses including assisted living facilities (ALF), vehicle service and repair, storage, light manufacturing, brewery, daycare, offices, and many additional uses (see Commercial Intensive Allowable Uses).
• RM-50 (Residential Multi-Family): Intended primarily for high-density multi-family residential development. Minimum lot size is 5,000 SF, with 1 unit per 871 SF and a maximum building height of 200 feet.
Property Highlights
• Currently utilized for both residential and commercial purposes
• Approximately 161 feet of frontage along busy N. 15th Street
• Commercial building suitable for retail, professional offices, community services, or a neighborhood restaurant
• Located along a dense, high-growth corridor for retail, multi-family, and commercial/industrial development
• High-visibility traffic location with approximately 6,100 ± AADT at E. 21st Avenue and N. 15th Street
• Convenient access to dining, shopping, schools, public transportation, and expanding residential communities
Surrounded by the thriving neighborhoods of Belmont Heights Estates, College Hills, and Ybor City, the property is just minutes from Greater East Tampa and Downtown Tampa.
Please contact the listing agent for additional details and do not disturb the tenants.

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