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About this home
7502 N 40th St is a home in Temple Crest Unit 3, Tampa. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
**Seller financing available with an acceptable down payment** Discover an exceptional redevelopment opportunity on this cleared, buildable commercial parcel in a high-visibility location along Tampa's thriving 40th Street corridor. This landmark property was home to a beloved family-owned seafood market that successfully served the community for more than 50 years and is now ready for its next chapter. With public water, sewer, and high-speed internet available, the site is primed for development. Zoned General Commercial (CG), the property offers a wide range of potential uses, including retail, office, restaurant, mixed-use, and other commercial ventures. A standout feature is its three existing curb cuts, providing exceptional access, improved traffic flow, and added flexibility for future site design—an increasingly valuable asset for developers and business owners alike. Conveniently located with easy access to major roadways, public transportation, and surrounding amenities, the property offers outstanding visibility and accessibility. For buyers exploring residential redevelopment, the site may have the potential for approximately 10–12 residential units, subject to final site design, density, zoning approvals, and applicable county requirements. Buyers are encouraged to conduct their own due diligence with Hillsborough County regarding zoning, permitted uses, variances, and development requirements. Whether you're an owner-user, developer, or investor seeking your next project, this unique property offers tremendous upside in one of Tampa's rapidly growing corridors. Contact us today for additional information or to schedule your private tour.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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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.
Quick answers.
Price
$440,000
Time on market
103 days
Monthly payment
About $2,684/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,028 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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