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Tampa Retail-Office Building/ Former Bank 12233 N Florida Ave

13,858 SF Vacant Office Building Tampa, FL 33612 £2,346,568 (£169/SF)

Investment Highlights

  • Prime Location: Located in the heart of Tampa, FL in the Greater Carrollwood area, Mature Infill location. High traffic counts.
  • Construction: Built in 1989, renovated in 2013.
  • Parking: 56 spaces, 4.45 spaces per 1,000 sq. ft. Resurfaced parking lot.
  • Building Size: 13,858 sq. ft. of versatile retail-office space across two stories on 1.72 Acres.
  • Zoning: PD-O (Planned Development - Office), suitable for various retail and office uses.
  • Amenities: Multi-unit HVAC, elevator, bank vault, 3 drive through lanes. Located at signalized intersection.

Executive Summary

Discover an exceptional investment or owner-user opportunity in the heart of Tampa Bay with this distinctive 13,858 SF Office-Retail building situated on 1.72 acres at a signalized intersection! Boasting an attractive brick exterior and appealing interior architectural features, this former bank location offers a unique blend of history and modern functionality. Renovated in 2013, the property includes a drive-thru and vault, making it ideal for an expanding branch or credit union location as well as many other retail and office uses. Its mature infill location and both single or multi-tenant usage make it a versatile option for savvy investors seeking a prime opportunity in the thriving Tampa Bay area, with high visibility and accessibility.
Located in the desirable Greater Carrollwood area in Tampa, between Fletcher Ave and Fowler Ave, this former Wells Fargo building features a bank vault and 3 drive-through lanes. The second Floor was previously occupied by a medical tenant and law offices. The medical portion features medical buildout and an X-ray room. Future medical or pharmacy use will require a modification to the PD.
The building boasts a total of 13,858 heated square feet of versatile retail space, spread across two stories, with average floor sizes of 6,929 square feet. Originally constructed in 1989 and renovated in 2013, the building combines modern amenities with classic architectural appeal. Zoned PD-O (Planned Development - Office), this property is suitable for a variety of retail and office uses. Ample parking is available with apx. 56 spaces, providing 4.45 spaces per 1,000 square feet.
Situated at the intersection of E. 124th Ave. on highly trafficked N. Florida Avenue, the property benefits from direct exposure and excellent signage opportunities. Just 15 minutes from downtown Tampa, Westchase, and New Tampa, the location offers convenient access to major highways, including Interstate 275. The building is adjacent to a Tesla dealership, enhancing its visibility and attracting a high-end clientele. Other nearby businesses include car dealerships (BMW, Audi, Land Rover, Maserati, Chevrolet, etc), banks, restaurants, medical, schools, and various retail shops, creating a vibrant commercial environment.
N. Florida Avenue is a major thoroughfare with significant daily traffic, ensuring a steady flow of potential customers. The high traffic volume enhances the visibility and accessibility of the retail space. The surrounding area is densely populated, with a diverse mix of residential and commercial properties. The population within a 1-mile radius is approximately 13,717, expanding to 318,000) within a 5-mile radius. This growing population base provides a substantial customer pool for retail businesses. The property is well-served by public transportation, making it easily accessible for both customers and employees.
The traffic count is approximately 38,000 vehicles per day. This high volume of traffic ensures excellent visibility and accessibility for any retail or office business located at this prime address.
Zoned PD-O (Planned Development - Office) and the site allows for 20 units per acre and a .75 FAR for redevelopment. FLU (Future Land Use) is OC-20- Office Commercial, and allows for commercial uses, office uses, mixed use developments and compatible residential.
This property is not only a prime location for retail businesses but also a sound investment opportunity. The combination of high visibility, ample parking, and proximity to major commercial hubs makes this site an attractive choice for retailers looking to establish or expand their presence in Tampa. Don't miss out on this exceptional retail opportunity. Contact us today to schedule a viewing and explore the potential of 12233 N. Florida Ave. for your business or investment!

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
13,858 SF
Building Class
B
Year Built/Renovated
1989/2013
Price
£2,346,568
Price Per SF
£169
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,900 SF
Building FAR
0.18
Land Acres
1.72 AC
Zoning
PD-O, County - PD-O Planned Development - Professional offices and a variety of retail uses are allowed. Future medical use requires a modification to the PD.
Parking
56 Spaces (4.04 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 6,929 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Floor
  • 6,929 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 6,929 SF Office Full Build-Out Now
2nd Floor 6,929 SF Office - Now

1st Floor

Size
6,929 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
6,929 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 6,929 SF
Space Use Office
Condition Full Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-12-28-18-10P-000000-00002.1
Land Assessment
£879,259 (2023)
Improvements Assessment
£92,701 (2023)
Total Assessment
£971,959 (2023)
  • Listing ID: 33537780

  • Date on Market: 16/10/2024

  • Last Updated:

  • Address: 12233 N Florida Ave, Tampa, FL 33612

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