Sold

1517 E 5TH AVE

TAMPA FL, 33605

$1,650,000


$608.86 per sqft

Sold

1 Bed

1.5 Baths

2,710 sqft

Residential

Built in 1982

Situated in Historic Ybor City on three contiguous urban lots with an alley, this adaptive reuse property consists of an existing warehouse residence that has been retrofit with all the amenities to support modern life. Rarely found over 2710 square feet of open space creates a unique opportunity for live / work. Walls of glass and soaring ceilings cast sunlight across the space in dramatic and inspiring ways. Full kitchen with stainless appliances and granite counters make for a beautiful entertaining space. Upstairs bedroom loft suite is enclosed for privacy and has large walk in closet and large modern bathroom with dual vanities. Structure meets or exceeds current hurricane codes
with highly rated insulation throughout and hurricane shutters. The fully fenced and gated property with lots of parking off street is perfect for large gatherings and entertaining. Two open lots on either side of the structure allows for an oasis of nature in the heart of a vibrant city. Just outside the walls of glass is and urban garden and patio to relax in. Possible re use as art gallery, wine bar, beer garden, event space; the options are endless. Two separate HVAC units keep energy bills low. For the savvy investor, the property offers an incredible opportunity to be in the heart of the 50-acre, mixed use development underway in Historic Ybor City. The broadly defined YC-6 zoning designation allows for residential, commercial, hospitality and multi family use, among others. Zero lot line development zoning provides the ability to maximize the 1/4 acre urban lot for future new development. Since the property is located in an Opportunity Zone, it provides the buyer with immediate, short and long term flexible investment strategies. The five story Centro Ybor Parking Garage located directly across the street provides ample parking for any use.

T3345370

MLS ID

December 11, 2021

Listed

March 22, 2024

Updated

Map

1517 E 5TH AVE
TAMPA FL, 33605

Interior Features

Total Stories

2


Bedrooms

1 Bed


Bathrooms

1.5 Baths


Interior Features

Cathedral Ceiling(s), High Ceilings, Living Room/Dining Room Combo, Master Bedroom Upstairs, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)


Appliances

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer


Floor Description

Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.23 Acres


Exterior Features

Sidewalk


Lot Features

Street Brick


Architectual Style

Contemporary, Other


Roof

Metal, Other


Sewer

Public Sewer

Other Property Details

Area Name

33605 - Tampa / Ybor City


Taxes

$2,763


Tax Frequency

Annually


Days on Market

156


Garage

No


Parking

Driveway, Off Street, Oversized, Parking Pad


View

Yes


View Description

City, Garden


County

Hillsborough


Water Source

None


Pool

No


Zoning

YC-6


Buyer Agency Compensation

3%

Listed by Peter Arner, Aaron Hoffman with COMPASS FLORIDA, LLC
Listing Contact: 212-913-9058 

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Data last updated 3/22/2024, 5:47 AM UTC

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