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This unique investment opportunity in the Channel District of Tampa—is a mixed-use property encompassing a portfolio of three office/retail condominiums with the option to acquire an exclusive residential penthouse. This boutique building, a standout within the flourishing Live-Work-Play community, is ideally situated just 1.5 blocks from the prestigious Water Street Tampa development and Sparkman Wharf.

The property is a nexus of urban transformation, surrounded by key attractions such as the Tampa Cruise Ship Port, the Tampa Aquarium, Amalie Arena, and the scenic Tampa Riverwalk. It also benefits from proximity to a range of dining and entertainment options, as well as the newly approved Ybor Harbor Development.

Distinctive features include:

  • Each floor dedicated to retail, office, or residential use, accessible via a private elevator lobby.

  • On-site parking and robust steel construction, with an additional 150 public parking spaces available for lease adjacent to the property.

  • Total asking price for the three commercial condos and parking lot is $7,000,000. The attached parking lot alone is priced at $1,125,000.

Key Investment Highlights:

  1. Premium construction and design optimize rental income potential, with current Class A office space renting upwards of $35 per sq ft NNN.

  2. Flexible CD-1 zoning supports a variety of future uses and developments.

  3. The optional penthouse offers either a luxurious private residence or additional rental income, with the possibility to acquire later under a first right of refusal.

  4. Condominium ownership offers potential for future unit sales at a premium, enhancing investment diversity.

Property Specifications:

  • Number of Condos: 3 Commercial, 1 Residential.

  • Total Rentable Space: 15,500 sq ft (1st floor: 3,500 sq ft; 2nd & 3rd floors: 6,000 sq ft each).

  • On-site parking: 15 spaces.

  • Optional Penthouse: 4 bedrooms, 4.5 baths, total area of 7,365 sq ft (including terraces and garage).

The penthouse, if purchased with the commercial condos, is available for a combined total of $12,400,000. 


Reach out to Realtor Kevin Farfan affiliated with Coldwell Banker Realty at 813-784-7139 to learn more about this outstanding commercial opportunity.

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