3917 NEBRASKA AVENUE
TAMPA, FL 33603
About this home
This former 15,022 SF freestanding drug store (Walgreens) is situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot at the lighted intersection of Nebraska Ave and Dr Martin Luther King Jr Blvd which enjoys a combined traffic count of 35,000 VPD (both streets). The interior of the structure features high ceilings of approximately 20 ft and column spacing of 35 ft and has a covered drive through lane and ample 3-phase power. The building as also fully fire sprinklered. The site features excellent access from both Dr Martin Luther King and Nebraska Ave and boasts 67 parking spaces. Preliminary site plan approval for a "Live Local" redevelopment yielded a probable site plan of 230-250 units with 7 story height limit after a zoning & comprehensive plan change. The property sits within an Opportunity Zone, and, given the scope of the potential project, a doubling of basis would be easy to achieve. ** Also available for lease Located on N. Nebraska Avenue and E. Martin Luther King, Jr. Blvd. and close to I-275 and I-4, offering easy access to surrounding areas, including downtown.
Facts & features
Interior
- Living area
- 15,022 sqft
- Cooling
- Central Air
- Stories
- 1
Exterior & lot
- Lot size
- 84,366 sqft (1.94 ac)
- Construction
- Block
Financial
- Annual tax
- $56,908 (2023)
- Price / sqft
- $413/sqft
Property
- Property type
- Single Family
- Year built
- 2001
- Subdivision
- FENDIGS SUB
- County
- Hillsborough
Listing
- Status
- Active
- Days on market
- 543 days
- MLS #
- MFR746558919
- Source
- Stellar MLS
Listed by Michael Braccia, PA · BAY STREET COMMERCIAL LLC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 17 comparable sales within 4 miles of TAMPA, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $31,351/mo
- Property tax
- $4,742/mo
- Home insurance
- $200/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 28, 2026 | Price increased | $6,200,000 | +$250,000 |
| Jan 31, 2025 | Listed | $5,950,000 | — |
NeighbourhoodSample data
Reference scores for TAMPA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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