3007 W Cypress St, Tampa, FL, 33609
$336/sqft·Unplatted
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At a glance
About this home
3007 W Cypress St is a 1985-built home in Unplatted, Tampa. Listed at $2,150,000 (about $336/sqft), 165 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Midtown investment opportunity 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+ building SF multi-tenant commercial property 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 features dense residential neighborhoods, a 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, with tenants individually metered and responsible for their own electrical service. The parking lot was recently resurfaced, reducing near-term capital expenditure needs. Additionally, Units 4, 5, and 6 were completely remodeled in 2021 and 2025, providing updated interiors that support tenant retention and future rental upside. The property delivers stable in-place income with additional upside through rental growth and long-term corridor appreciation. Adding further value for prospective buyers, the seller has a current survey on file as well as a recent appraisal supporting a value well above the current listing price, providing additional due-diligence support for the offering. A current rent roll is available, with leases provided upon request. This is a compelling opportunity to acquire an income-producing commercial asset in a high-growth Tampa submarket with strong fundamentals and documented value.
The essentials
Location
Annual Tax (2024)
$18,879
Parcel #
A-15-29-18-ZZZ-000005-90970.0
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Unplatted
County
Hillsborough
MLS Area
33609 - Tampa / Palma Ceia
Lot Size
16,500 sqft
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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