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37 photos

$729,000

705 E WILMA ST
TAMPA, FL 33612
Listed by Jason Papi, LLC · KELLER WILLIAMS TAMPA CENTRAL
Bedrooms
N/A
Bathrooms
N/A
Living area
1,004 sqft
Year built
1955

About this home

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.

Property details

MLS #
MFRTB8370278
Property type
Mixed Use
Subdivision
NORTH SIDE HOMES
Status
Active
Days on market
327
On market date
April 8, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.46 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
LEGACY PREPARATORY ACADEMY
0.47 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
153
Student:teacher ratio
12.8:1
District
HILLSBOROUGH
Middle
ADAMS MIDDLE SCHOOL
0.92 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
648
Student:teacher ratio
19.1:1
District
HILLSBOROUGH
High
CHAMBERLAIN HIGH SCHOOL
0.8 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,314
Student:teacher ratio
19.0:1
District
HILLSBOROUGH

Walkability

Blended score for TAMPA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores12
Parks7
Schools12
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in TAMPA, from live MLS data.

On the market 327 days -- 244 more days than TAMPA's current average of 83 days.
For reference, the median list price across 6,089 active listings in TAMPA right now is $344,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$4,540/mo
$145,800 down
$583,200 loan
Principal & interest$3,783
Property tax (est.)$608
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated April 5, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.