Commercial Sale · Mixed Use
705 E WILMA STREET, TAMPA, FL, 33612
Active498 days on marketListed Apr 8, 2025MLS #TB8370278
About this property
The property at a glance
Prime Development Opportunity in Tampa’s Growing Corridor. OWNERS ARE MOTIVATED! Now available: nearly one acre of strategically positioned commercial property at 705 E. Wilma Street, just off Busch Blvd and Nebraska Ave, and directly fronting the high-traffic I-275 entrance/exit ramp. This exceptional site sits next to a brand-new large-scale multi-family development, amplifying both visibility and future demand. The property consists of three parcels (formerly 701, 705, and 801 E. Wilma Street) and already carries the highly sought-after RM-20 zoning, saving you valuable time in the development process. Current income is in place through an existing single-family home and detached two-car garage. The tower on the property is in the process of being decommissioned—clearing the way for redevelopment. With unmatched exposure to millions of vehicles each month, this site is a rare opportunity for developers seeking high visibility, convenient Interstate access, and the chance to create a signature project in one of Tampa’s fastest-evolving corridors. Don’t miss the chance to secure this property and bring your vision to life.
1,331
Building sq ft
$548
Price / sq ft
0.46
Lot acres
1955
Year built
1
Building
CN, RM-18
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$3,654/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Cheyenne to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
8,377
Population
$41,661
Median income
36
Median age
3
Avg household
$225,555
Median home value
$1,209/mo
Median rent
983
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.
Recent sales
What actually sold near 705 E WILMA STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$650,000
12828 N NEBRASKA AVENUE
1,440 sqft · $451/sqft · Sold Sep 17, 2024
$205,500
10302 N NEBRASKA AVENUE
1,560 sqft · $132/sqft · Sold Jun 20, 2025
$30,000
7002 N NEBRASKA AVENUE
1,650 sqft · $18/sqft · Sold May 8, 2026
Your team
The pros in your corner
Your agent
Cheyenne Reyes
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 705 E WILMA STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 705 E WILMA STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Cheyenne's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of KELLER WILLIAMS TAMPA CENTRAL · Jason Papi, LLC. MLS #TB8370278.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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