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Presented by
Jessica Perez |
705 E WILMA STREET, Tampa, FL, 33612 | $729,000
Prime Development Opportunity in Tampa’s Growing Corridor. OWNERS ARE MOTIVATED!
Now available: nearly one acre of strategically positioned commercial property at 705 E. Wilma Street, just off Busch Blvd and Nebraska Ave, and directly fronting the high-traffic I-275 entrance/exit ramp. This exceptional site sits next to a brand-new large-scale multi-family development, amplifying both visibility and future demand.
The property consists of three parcels (formerly 701, 705, and 801 E. Wilma Street) and already carries the highly sought-after RM-20 zoning, saving you valuable time in the development process. Current income is in place through an existing single-family home and detached two-car garage. The tower on the property is in the process of being decommissioned—clearing the way for redevelopment.
With unmatched exposure to millions of vehicles each month, this site is a rare opportunity for developers seeking high visibility, convenient Interstate access, and the chance to create a signature project in one of Tampa’s fastest-evolving corridors.
Don’t miss the chance to secure this property and bring your vision to life.
Features
- Property Type: Mixed Use
- Construction: Block, Concrete, Other
- Cooling: Central Air
- Year Built: 1955
- Approx Sq. Feet: 1,004
- Acreage: 0.46
- Est. Taxes: $2,586
- Lot Desc: Other
- MLS#: TB8370278
- Days on Market: 327 days
- Website: https://www.raveis.com
/prop/TB8370278/705ewilmastreet_tampa_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Jessica PerezREALTOR
401.692.8183
Jessica.Perez@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2104486
860.625.5780
Brianna.Turgeon@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
705 E WILMA STREET, Tampa, FL, 33612
$729,000
Jessica Perez
REALTOR
William Raveis Real Estate
Phone: 401.692.8183
Jessica.Perez@raveis.com
Brianna Turgeon
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $583,200 | $583,200 | $583,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $216 | $216 | $216 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,493 | $3,638 | $4,804 |
| Total Monthly Payment | $3,801 | $3,946 | $5,112 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388