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$890,000

408 Palm Avenue

Tampa, FL 33602

Listing updated: June 2, 2026 at 4:56 AM ET

Active

Listing courtesy of Ez Choice Realty · Michele Frasure · MLS #TB8432111 · Active · 813-653-9676

Beds

Baths

1,851

Sq Ft

0.21

Acres

1947

Built

◆$481/sqft◆360° tour

Single Family Residence

Property type

1947

Year built

9,044 sqft

Lot size

$481

Price / sq ft

No HOA

HOA dues

231

Days on market

Flood zone

About this home

Corner infill development site in Tampa Heights. Highly visible ±9,044 SF parcel with approximately 68' frontage on E Palm Ave and 133' along Central Ave, offering flexible site orientation and efficient design potential. RM-24 zoning (24 units per acre) may support a 4-unit townhome or multifamily project, subject to buyer verification and City of Tampa approvals. Rear alley access further enhances layout efficiency and parking design options. The property is located in Flood Zone X (buyer to verify). The site’s dimensions and dual frontage provide multiple configuration opportunities for builders seeking efficient unit layouts. An existing 3BR/2BA single-family residence (±1,851 SF) offers potential interim rental income or can be cleared for redevelopment. Additional density or mixed-use potential may be achievable through a Planned Development process, subject to municipal approvals. Tampa Heights is one of Tampa’s most active infill submarkets, driven by strong multifamily fundamentals and proximity to Downtown Tampa, Armature Works, and the Riverwalk.

Local Insight

At $481/sqft for a 1947 home in downtown Tampa's Fuchs neighborhood, you're paying a solid premium for location and the X flood zone designation—but you're also getting a property on a tight 0.21-acre lot with no room to expand, so the value really hinges on whether you're buying the land, the walkability, or banking on neighborhood appreciation. The 360° tour is helpful here because you'll want to carefully evaluate the actual condition and layout of a 75-year-old structure before committing—three beds and baths across 1,851 sqft is functional but compact, especially if you need any renovation work. No HOA is a plus, but with nearby Graham, Stewart, and Hillsborough schools all rated the same, school choice isn't a differentiator for families.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$4,500

Property taxes$537

Home insurance (est.)$408

Down payment

20%

$178,000 downRate

6.5%

Term

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 history231 days on market

Status: Active
Oct 14, 2025
Listed$1,200,000
Oct 14, 2025
Price reduced$890,000

Facts & features

Property type: Residential
Sub type: Single Family Residence
Status: Active
Days on market: 231
Subdivision: Fuchs Sub Of Blocks 1
County: Hillsborough
Year built: 1947
Living area: 1,851 sq ft
Price/sq ft: $481
Building area: 1,901 sq ft (Public Records)
Lot size: 9,044 sq ft
Lot category: 0 to less than 1/4
Flood zone: X (12057C0354J)
Annual taxes: $6,448 (2024)
Parcel #: A-13-29-18-4XT-000001-00010.0
Zoning: RM-24
MLS #: TB8432111

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Interior Details

Bedrooms: 3
Full bathrooms: 3
Flooring: Ceramic Tile, Wood
Appliances: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
Interior features: Ceiling Fans(s), Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Stories / Levels: One
Direction faces: North

Heating & Cooling

Heating: Central
Cooling: Central Air

Parking

Parking features: Alley Access, Driveway, Off Street, On Street, Parking Pad

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
CDD: No
Min lease term: No Minimum
Listing terms: Cash, Conventional
Ownership: Fee Simple
Available for lease: Yes
Lease restrictions: No
Additional lease restrictions: Per City Rules and Regs
Approval process: Per City Rules and Regs

Exterior & Construction

Exterior features: Sidewalk
Construction materials: Brick, Stucco, Frame
Roof: Shingle
Foundation: Slab
Road surface: Paved

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

Community

Pets allowed: Yes

Schools

ElementaryGraham-HBGreatSchools ↗

MiddleStewart-HBGreatSchools ↗

High SchoolHillsborough-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.

Room Details

Room	Level	Dimensions
Kitchen	First	16x12
Living Room	First	20x20
Primary Bedroom	First	14x3

Listing Details

Listing date: 2025-10-14
On market date: 2025-10-14
Original list price: $1,200,000
Occupant type: Tenant
MLS area: 33602 - Tampa
Listing AOR: Suncoast Tampa
Status changed: 2025-10-14
Tax legal description: FUCH'S SUBDIVISION OF BLOCKS 1 AND 2 LOT 10 BLOCK 1

Flood risk

Minimal riskFEMA Zone XPanel 12057C0354J

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

From I-275, take Exit 45A toward Downtown. Turn north on N Tampa St, then east on E Palm Ave. Property is on the southeast corner of E Palm Ave and N Central Ave.

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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 June 2, 2026 at 4:56 AM 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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