$890,000
408 Palm Avenue
Tampa, FL 33602
Listing updated: June 2, 2026 at 4:55 AM ET
Listing courtesy of Ez Choice Realty · Michele Frasure · MLS #TB8437240 · Active · 813-653-9676Property type
Lot size
Price / sq ft
HOA dues
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
This downtown Tampa lot in the X flood zone is priced aggressively at $98/sqft, which reflects both the tight Fuchs Sub location and the reality that you're buying raw land with no improvements—meaning you'll carry all the hard costs of new construction without any income-producing asset in the meantime. The 0.21-acre footprint limits your development options, so you'll want to carefully review what zoning allows and whether the price makes sense against comparable finished properties or larger development sites in the area. The lack of HOA is a plus for future flexibility, but at nearly $900k for a vacant lot, this only pencils if you have a specific, high-value development plan in mind.
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 history229 days on market
- Status: ActiveOct 16, 2025
- Listed$1,200,000Oct 16, 2025
- Price reduced$890,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 229
- Subdivision
- Fuchs Sub Of Blocks 1
- County
- Hillsborough
- Price/sq ft
- $98
- 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 #
- TB8437240
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Listing Details
- Listing date
- 2025-10-14
- On market date
- 2025-10-16
- Original list price
- $1,200,000
- MLS area
- 33602 - Tampa
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-10-16
- Tax legal description
- FUCH'S SUBDIVISION OF BLOCKS 1 AND 2 LOT 10 BLOCK 1
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
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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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 June 2, 2026 at 4:55 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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