7502 40th Street, FL

$440,000

7502 40th Street

Tampa, FL 33604

Active
0
Baths
0.5
Acres
$20/sqft360° tour
🏠Land

Property type

📐21,700 sqft

Lot size

📊$20

Price / sq ft

🏘️No HOA

HOA dues

📅361

Days on market

🌊x

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.

Estimated monthly payment

Principal & interest$2,225
Property taxes$152
Home insurance (est.)$202

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

  1. Status: Active
    Oct 1, 2025
  2. Listed$440,000
    Feb 17, 2025
  3. Price increased$440,000

Virtual Tour

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

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

ElementaryKimbell Elementary SchoolGreatSchools ↗
MiddleSligh-HBGreatSchools ↗
High SchoolWharton-HBGreatSchools ↗

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 riskFEMA Zone XPanel 12057C0218J

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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MLS GRID

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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA