$440,000
7502 40th Street
Tampa, FL 33604
Listing updated: March 14, 2026 at 3:13 PM ET
Listing courtesy of Real Broker, Llc · Ellie Lambert · MLS #TB8351726 · Active · 855-450-0442Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Discover the timeless value of this landmark property, once the beloved home of a family-owned seafood market that thrived for over 50 years, now ready for your visionary next chapter. Nestled on cleared, buildable land with essential utilities like public water, sewer, and high-speed internet already in place, it invites endless possibilities in a prime spot with easy access to major roadways, public transit, and local amenities. Picture launching your dream commercial venture or embarking on an exciting redevelopment its General Commercial (CG) zoning opens doors to diverse uses, from vibrant retail to mixed-use gems. For those eyeing residential potential, envision crafting 10 to 12 cozy units, tailored to the final design, density approvals, and fine-tuning setback adjustments. Unlock that flexibility through a Variance (Zoning Variance Request) or Administrative Variance via the Hillsborough County Land Use Hearing Section, easing standards like setbacks, height, or lot coverage when unique property hardships not self-made call for it. Minor tweaks often sail through staff approval without public hearings, paving a smoother path to your goals. This gem offers boundless upside for owner-users, developers, or savvy investors eager to breathe new life into a high-visibility historic corner along Tampa’s booming 40th Street corridor. Seller financing possible on a solid down payment, your opportunity awaits reach out today for details, variance insights, and your private tour.
Local Insight
At $20 per square foot for raw land in Tampa, you're looking at a competitive price point, especially with no flood risk in zone X—that eliminates a major insurance and financing headache many Tampa buyers face. The half-acre lot in Temple Crest is small enough that you'll want to verify exactly what's buildable after setbacks and utility easements, and proximity to Sligh Avenue means you should do a noise and traffic assessment before committing. The lack of HOA is a plus for flexibility, but double-check whether the city has any development restrictions or if this is truly shovel-ready for what you're planning.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history361 days on market
- Status: ActiveOct 1, 2025
- Listed$440,000Feb 17, 2025
- Price increased$440,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 361
- Subdivision
- Temple Crest Unit 3
- County
- Hillsborough
- Price/sq ft
- $20
- Lot size
- 21,700 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- x (12057C0218J)
- Annual taxes
- $1,820 (2024)
- Parcel #
- A-28-28-19-46B-000043-00013.1
- Zoning
- CG
- MLS #
- TB8351726
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Interior Details
- Direction faces
- East
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional, Owner Financing, VA Loan
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electrical Nearby, Electricity Available, Public, Sewer Available, Utility Pole, Water Available
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-02-17
- On market date
- 2025-02-17
- Original list price
- $440,000
- MLS area
- 33604 - Tampa / Sulphur Springs
- Listing AOR
- Orlando Regional
- Status changed
- 2025-10-01
- Tax legal description
- TEMPLE CREST UNIT NO 3 S 12 1/2 FT OF E 32 FT OF LOT 13 AND E 32 FT OF LOT 14 & ALLEY ABUTTING & LOTS 15 16 & S 1/2 OF LOT 17 BLOCK 43 LESS RD R/W TOGETHER WITH LOTS 13 AND 14 AND S 1/2 OF LOT 12 BLOCK 43 LESS E 32 FT THEREOF
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Located North of the Hillsborough River S. Streets on the Northwest Corner of 40th Street.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of March 14, 2026 at 3:13 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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