Tampa Real Estate

Homes for Sale in Tampa, FL Over $1,000,000

Welcome to your dedicated resource for Homes for Sale Over $1,000,000 in Tampa, FL. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As local Tampa, FL agents, Dave Jones Realty specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the properties currently available over $1,000,000 below, or contact a local agent to discuss the details that matters most to your search.

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All Tampa, FL Homes for Sale Over $1,000,000

$2,200,000
TB8411513 MLS
INVESTOR & DEVELOPER DREAM! Seize the opportunity to acquire a prime redevelopment site of a Multi-Use Income Assemblage in Booming SOUTHEAST SEMINOLE HEIGHTS! Unlock the potential of this rare 4-lot income-producing assemblage strategically located in one of Tampa’s fastest-growing districts—Southeast Seminole Heights. Just minutes from Downtown Tampa, Armature Works, I-275, I-4, and the Riverwalk, this high-visibility, high-traffic (160,000+ vehicles/day) corridor presents a prime opportunity for redevelopment, value-add investment, or long-term holding. Zoned SH-CG (Commercial General), the site offers flexible mixed-use development options including retail, residential, multi-family, and boutique commercial. Situated within a designated Opportunity Zone and active CRA district, investors may also benefit from substantial tax incentives and city-supported growth initiatives. Property Overview: Lot 1 (4320 N Nebraska Ave | 12,600 SF): Parking lot + Ice machine producing $1,100/month. Lot 2 (4330 N Nebraska Ave | 5,481 SF): Commercial parcel with small restaurant + key shop producing $3,000/month. Lot 3 (815 E Chelsea St | 2,263 SF): 1,260 SF garage/storage—vacant, ideal for adaptive reuse or expansion. Lot 4 (813 E Chelsea St | 4,650 SF): Charming 1940s bungalow (approx. 3,631 SF) with projected rental income of $2,500/month. Total Current Income: Approx. $6,600/month, with substantial upside through lease-ups, improvements, or phased redevelopment. Investment Highlights: Flexible Zoning (SH-CG): Ideal for mixed-use or high-density residential. High-Income Area: Median household income $78,604+ and rising. Rental Demand: Median rents in the $2,500/month range support consistent cash flow. Historic Character: Includes a 1940s bungalow with adaptive reuse or boutique commercial potential. Opportunity Zone & CRA Location: Tax advantages + city support for ADUs, walkability, and neighborhood revitalization. Infill & Multi-Family Growth: Area attracting significant private and public redevelopment—townhomes, duplexes, and multi-family projects are underway. Green ARTery Network Access: Trail system connects to Tampa Heights, Ybor City, and Riverwalk—boosting lifestyle value and desirability. Why Southeast Seminole Heights? Recognized for historic bungalow charm (nationally featured in 2003 & 2025) Median home prices surged 41 YoY (Feb 2025)—$600K+ in nearby historic zones Zoning changes allow greater density—townhouses and duplexes now permitted in formerly single-family zones Development momentum is strong, with city-backed support for increased connectivity, infill, and urban living Whether you're a seasoned investor, developer, or visionary entrepreneur, this property offers a rare mix of cash flow, character, location, and upside potential. With the right strategy, this site is poised to deliver exceptional returns in a neighborhood on the rise.

4330 N Nebraska Avenue, Tampa

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.