INNOVATE Real Estate
Land at 5803 12TH AVE S, TAMPA
Land at 5803 12TH AVE S, TAMPA, photo 2 of 2
2 photos

$399,000

5803 12TH AVE S
TAMPA, FL 33619
Listed by Ali Alchikh, MR · BAY T REALTY LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

12TH AVE RETAIL CENTER presents an exclusive opportunity to acquire the only commercially zoned land for many blocks in a rapidly expanding residential corridor.Located at the highly visible corner of 12th Avenue South & South 58th Street, this proposed 5,400 SF neighborhood retail center sits directly across the street from Palm River Crossing. This uniform 142-home subdivision was started and completed entirely in 2024 by LGI Homes, establishing an immediate, built-in customer base with a robust median home price near $395,000.Positioned as the sole retail hub capable of serving the immediate surrounding community, this planned one-story development features a functional layout, dedicated parking, and efficient circulation designed to support steady daily-needs traffic. With its rare infill zoning, unmatched street presence, and flexible small-shop potential, 12TH AVE RETAIL CENTER offers investors and developers a completely captive market with zero immediate competition.

Property details

MLS #
MFRTB8541721
Property type
Land
Subdivision
SOUTH TAMPA SUB
Status
Active
Days on market
N/A
On market date
August 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.72 acres

Location

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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.

Elementary
PALM RIVER ELEMENTARY SCHOOL
0.35 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
394
Student:teacher ratio
11.3:1
District
HILLSBOROUGH
Middle
DOWDELL MIDDLE MAGNET SCHOOL
1.07 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
552
Student:teacher ratio
21.2:1
District
HILLSBOROUGH
High
AMI KIDS TAMPA
2.88 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
42
Student:teacher ratio
10.5:1
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).

45
Somewhat walkable
out of 100
EPA National Walkability Index
8.8 / 20 -- Below average walkable
Google Places amenity density
45 / 100
Restaurants & cafes8
Grocery stores0
Parks1
Schools2
Transit stops12
Pharmacies0

Market position

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

On the market 0 days -- 83 fewer 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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Est. monthly payment
$2,553/mo
$79,800 down
$319,200 loan
Principal & interest$2,070
Property tax (est.)$333
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 26, 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.