Listing Details for MLS # TB8432111
408 E Palm Avenue, Tampa, Fl 33602

Residential Property - Single Family Residence in Tampa

Listing Price: $1,200,000Days on Market: 2

Description of Property

A premier lot in Tampa Heights positioned at the corner of Palm Ave for maximum visibility and Central Ave for historic significance. This 68' × 133' (9,044 sf) parcel offers RM-24 zoning, rear alley access, and Flood Zone X, making it larger and more flexible than most neighborhood lots. It supports ~4 townhomes by right, with the potential for additional density or mixed-use under Planned Development, subject to City approval. The property includes a 3-bedroom, 2-bath, 1,851-sf home with a covered front porch, offering rental income or personal use while redevelopment plans advance. Its unique position at Palm & Central delivers both visibility and historic corridor presence. The area continues to grow with new residential and infill activity, plus major improvements to community amenities. Plans for a new YMCA campus call for a modern ±110,000-sf facility with pickleball courts, hotel, retail, office, and residential space. A Pirate Water Taxi stop at Armature Works provides direct riverfront access to Downtown, and a planned streetcar extension into Tampa Heights will further enhance connectivity. Less than a mile from Downtown Tampa, the site is walkable to parks, the Riverwalk, dining, and entertainment, with convenient access to Ybor City and major highways. An excellent opportunity for builders, investors, or those planning a custom home on a premier corner lot in Tampa Heights.This is the only 3 bedroom/3 bath single family residence between $1,000,000 and $1,400,000 currently listed for sale in this Zip code.