Midtown investment opportunity is strategically located along the highly traveled W. Cypress Street corridor, just minutes from the rapidly expanding Midtown Tampa district. 3007 W. Cypress Street, Tampa, FL 33609 features an approximately 7,600+ Bldg SF multi-tenant commercial building positioned within one of Tampa’s most active redevelopment corridors. The property… Read More benefits from strong street frontage, excellent visibility, and convenient access to I-275, Kennedy Boulevard, Downtown Tampa, Tampa International Airport, and Midtown Tampa. The surrounding area is characterized by dense residential neighborhoods, strong daytime population, and continued commercial and mixed-use development, supporting long-term tenant demand and rental growth. From an investment standpoint, the asset offers efficient operating expenses, as tenants are individually metered and responsible for their own electrical service. The parking lot was recently resurfaced, reducing near-term capital expenditure concerns. Additionally, Units 6, 5, and 4 were completely remodeled in 2021 and 2025, providing modernized interiors that support stronger tenant retention and future rental upside. Zoned for commercial use, the property delivers stable in-place income with upside potential through rental growth and long-term corridor appreciation. A current rent roll is available, with leases provided upon request, making this a compelling opportunity for investors seeking exposure to a high-growth Tampa submarket. Read Less
Courtesy of THE SOMERDAY GROUP PL 813-520-9123
Listing Snapshot
Days Online
0
Last Updated
Property Type
Mixed Use
Square Ft.
7,688
Lot Size
0.38 Acres
Year Built
1985
MLS Number
TB8477649
Additional Details
Property Access
Road Surface: Asphalt
Building
Built in 1985, Living area: 6400, Living area units: Square Feet, Building faces South, Construction Materials: Stucco
Cooling
Central Air
Floors
Vinyl
Foundation
Block
Income
Gross ScheduledIncome: $227,760, Net Operating Income: $18,980
Lot
0.38 acres
Parking
Parking Spaces - 13 to 18
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: A-15-29-18-ZZZ-000005-90970.0, Public Survey Range: 18, Public Survey Section: 15, Annual Amount: $18,879, Tax Block: 5, Tax Book Number: 26-96, Legal Description: TRACT DESC AS BEG 50 FT N AND 287 FT E OF SW COR OF SW 1/4 OF SE 1/4 RUN N 150 FT E 110 FT S 150 FT AND W 110 FT TO POB, Year: 2024, Zoning: CG
Utilities
6 separate electric meters
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