2721 N Nebraska AVENUE, Tampa, FL, 33602 | $3,775,000

Highest and Best Use: Redevelopment, professional office or retail storefront : : Current use, freestanding, 25, 120 SF commercial building located in Historic V. M. Ybor : : Literally a hidden gem boasting 250’ of Nebraska Avenue frontage : : Offers great access with excellent visibility : : Situated between E. Columbus Drive and E. 17th Avenue : : Prime location : : Subject consists of an extra- large building situated on a 27, 500 SF lot with onsite parking : : current owner occupier of building may need to stay for 12 to 36 months after closing : : This property may be converted to a retail storefront, an event hall or commercial office space : : QOZ and HUBZone! : : This building is currently occupied by a motivated owner/ user and is calling all investors and developers : : Although this building is considered a historical building, it can be easily re-designed by an adventurous architectural designer or developer for a multitude of commercial uses : : East Tampa is experiencing a re-vitalization and renovation growth surge and the area shows tremendous improvement with residential and commercial development happening in every direction : : Located at the signalized intersection of N. Nebraska Avenue and E. Columbus Dr. this property is minutes from Downtown Tampa, Channel District, Historic Ybor, Franklin Street District, Ybor Heights, Interstate 275, Interstate 4, Selmon Crosstown Expressway, Florida Avenue, Dr. Martin Luther King Jr. Blvd and Hillsborough Avenue as well as a short commute to Tampa International Airport, MacDill AFB and Eastern Hillsborough County : : The area is exploding with new Commercial and Residential growth and is surrounded by countless development projects and major travel arteries : : a great place to invest, relocate or expand your business.

Features

  • Property Type: Warehouse
  • Construction: Block, Brick
  • Levels: 1
  • Cooling: Other
  • Lot Size: 250 x 110
  • Year Built: 1920
  • Acreage: 0.63
  • Est. Taxes: $9,050
  • MLS#: T3356371
  • Days on Market: 952 days
  • Website: https://www.raveis.com
    /prop/T3356371/2721nnebraskaavenue_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 11:53:55 PM)
Listing courtesy of FLORIDA COMMERCIAL GROUP   Phone: 813-935-9600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2721 N Nebraska AVENUE, Tampa, FL, 33602

$3,775,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,020,000 $3,020,000 $3,020,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $754 $754 $754
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,588 $19,337 $26,515
Total Monthly Payment $20,467 $20,216 $27,394

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.