$2,250,000
Property details
About this home
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 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.
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