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1305 N Jefferson Street, Tampa, FL

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1305 N Jefferson Street

Tampa, FL 33602 - Tampa CBD Submarket

Property Type:Land Parcel Size:.48 Acres
For Sale Price:$1,250,000 Price/Acre:$2,584,246 Price/SF:$59.32

Proposed Use:Commercial, Office, MultiFamily, Hospitality, Hotel

On-Site Improv:Raw land

Sale Notes:
TRIAD Zoning Regulations:
- Zoning: Central Business District 1 (CBD-1) which has no minimum or maximum requirements for lot area or size, floor area ratio (FAR), or setbacks. Maximum building height is limited to 120' but may be increased to allow High Rise structures with the approval of an S-1 permit per Table 18-2 of Sec. 27-184.
- Permitted Uses: Multiple Family Dwellings, Hotels, Office (Business, Professional, Medical). Best use Hotel.
- Development District: Part of Development District North which is generally characterized by its underutilization. As a result, a great deal of flexibility can be exercised as to the character of future development. Future development could include office, transportation, service, housing and business uses.
- Parking Requirements: Residential Dwelling Structures 1 Space / Dwelling Unit
- Parking Requirements: Compact Spaces may be utilized for 100% of required parking
Hotels 1 Space / 3 Bedrooms (3 Hotel Rooms)
Office 1 Space / 1,000 sf (GFA)
Restaurants 0 Space / Seat (No Parking Required)
Triad is a project designed to provide Urban Options to developers based on the Central Business District (CBD-1) zoning. CBD-1 zoning allows various projects including but not limited to Hotel, Commercial Office and Multi-Residential. The allowable density for each project type, and as a result the building height, gross area, and stories, is dependent upon the parking. The project, which has up to 21,072 sf available can provide 27 38 spaces with the opportunity to increase that count with ongoing negotiations with the Department of Transportation which owns 2 adjacent properties that are available to lease for parking supplements.
In addition to highly flexible zoning, the property is located in the Tampa Enterprize Zone (TEZ) which allows tax breaks to promote economic development.
The property has easy access to the interstate located just North of Downtown Tampa adjacent to Perry Harvey Park which will begin construction on a multi-million dollar renovation in the first quarter of 2014.

Commission Split: 3%

Agent Trust Realty
Diamela Atencio

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