Amazing Tampa Heights Development Opportunity - 2402 N HIGHLAND AVE, TAMPA
10,922 sq ft lot on the corner of North Highland Ave and West Frances Ave - 2402 N HIGHLAND AVE, TAMPA
this property is fronted by N Highland Ave with an Alley across the north side - 2402 N HIGHLAND AVE, TAMPA
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Boarder lines are not accurate. Just drawn for demonstration of location. - 2402 N HIGHLAND AVE, TAMPA
13 photos

$1,350,000

2402 N HIGHLAND AVE
TAMPA, FL 33602
Listed by Stacy Dillard · LPT REALTY, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

RM-24 | 10,922 SF | CORNER LOT | ALLEY ACCESS | 8 EXISTING RESIDENTIAL UNITS. BUILDERS & INVESTORS, amazing redevelopment opportunity in booming TAMPA HEIGHTS; one of the most vibrant and fastest-growing neighborhoods in Tampa! This is one of the few remaining large parcels in this highly active redevelopment area. This corner lot fronts N Highland Ave & W Frances Ave, with alley access along the north side, creating exceptional possibilities for future development. Located just ONE BLOCK FROM THE KAMINGO, an innovative and a modern mixed-use residential/retail development, slated to open in 2027; 2402 N Highland Ave is surrounded by significant new construction, redevelopment, and investment. The proximity of this parcel to the many Tampa Heights Properties in development now, gives new energy to the possibilities of its future use. This parcel currently has TWO single-family homes, a SIX-unit apartment building, and a detached garage/storage building. All units are separately metered and Short-term rentals are allowed. This Exceptional Tampa Heights location is just blocks from Armature Works, the scenic Tampa Riverfront Waterworks park, Highland Park, the YMCA, Perry Harvey Sr. Parks' skate park, a variety of shopping options, entertainment hubs, fine dining, as well as cultural/artistic venues and a short walk or bike ride to the river- with convenient access to Downtown Tampa, Ybor City and Tampa International Airport. With Tampa Heights continuing to experience substantial residential and commercial growth, parcels of this size, zoning, and location are becoming increasingly difficult to find. This property has not changed ownership since 1960 and the owner currently rents the units at below-market rental rates, MTM, and has used this property as a service to the community for the past 15 years. SELLER FINANCING: Seller will CONSIDER financing with a minimum HALF of purchase price down payment with a short-term FIRST mortgage only; -no second mortgage. TENANT OCCUPIED, PLEASE DO NOT TRESPASS OR DISTURB TENANTS. Property tours are available BY APPOINTMENT ONLY with a minimum 72-hour lead time. Sight-unseen offers may not be seriously considered. (Buyer shall verify all information and measurements)

Property details

MLS #
MFRTB8551667
Property type
Land
Subdivision
MUNRO & MC INTOSHS ADD
Status
Active
Days on market
N/A
On market date
September 24, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.25 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
PATRICIA SULLIVAN METROPOLITAN MINISTRIES PARTNERSHIP SCHOOL
0.23 mi away · Grades 0-5
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
75
Student:teacher ratio
10.7:1
District
HILLSBOROUGH
Middle
STEWART MIDDLE MAGNET SCHOOL
0.66 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
820
Student:teacher ratio
18.6:1
District
HILLSBOROUGH
High
BLAKE HIGH SCHOOL
0.54 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
1,528
Student:teacher ratio
20.9:1
District
HILLSBOROUGH

Walkability

Blended score for TAMPA's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
15.5 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks20
Schools20
Transit stops20
Pharmacies3

Market position

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

On the market 0 days -- 82 fewer days than TAMPA's current average of 82 days.
For reference, the median list price across 5,770 active listings in TAMPA right now is $349,000.

Mortgage calculator

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

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Est. monthly payment
$8,280/mo
$270,000 down
$1,080,000 loan
Principal & interest$7,005
Property tax (est.)$1,125
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 18 hr ago.

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.