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$2,100,000 Just Listed
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Property Description
You're looking at an unbelievable opportunity for the savvy investor to add a remodeled asset with great tenants to their portfolio. This property has went under a complete transformation over the past year. This property is for the next owner to reap the rewards of all the heavy lifting that has already been down. Also with no hold over tenants from years past, this commercial property will have an exception return with todays market rates. Position your next commercial opportunity for success in a prime Riverview location. This is a strategically located commercial retail plaza that's an excellent space for retailers, service businesses, and professional users. The property benefits from a convenient Riverview location with strong surrounding residential growth, established businesses, and easy access to major transportation routes. Designed to accommodate a variety of commercial uses, the plaza has an excellent variety and accessibility for customers and clients. The surrounding area continues to experience significant residential and commercial development, creating a strong environment for businesses looking to establish or expand their presence in the Riverview market. Whether you're an looking for your first deal in the area or just your next deal, Commerce Street Plaza presents an attractive opportunity in one of the Tampa Bay area's rapidly growing communities. $221,400 GROSS INCOME (2027) $9,039 PROPERTY INSURANCE (2026) $14,407.37 PROPERTY TAXES (2025) $3,400 TRASH AND SEWER (EST) REMODELED INTERIORS (2026) NEW ROOF (2026) All The Prior Tenants Have Now Vacated & In The Process Of Placing New Tenants (Already Half Occupied With New Tenants & Generating $10,000+ Monthly).
Full Property Details
Full Property Details for 7408 Commerce St
General
- Price: $2,100,000
- Taxes: $15,007 (2025)
- Status: Active
- Type: Retail
- Source: MidFloridaRegionalMLS
- MLS ID: TB8556153
- Updated: Today (10/8/2026)
- Added to Site: Today
Location
- Area: 33578 - Riverview
- County: Hillsborough
- Development Name: 33578 - Riverview
- Subdivision: RIVERVIEW HOMESITES
- Driving Directions: From I-75, take Exit 250 toward Riverview and head east on Gibsonton Drive. Turn onto US-301 S, then continue toward Commerce St. Turn onto Commerce St and proceed to 7408 Commerce St. Property will be located on the right.
Community
- Community Name: 33578 - Riverview
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Square Feet: 8,192
- Sq. Ft. Source: Public Records
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 26,800
- Lot Size: 26800
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $15,007.68
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: RIVERVIEW HOMESITES LOT 6 AND LOT 5 LESS E 83.8 FT
- Flood Zone Info: X
- APN: U1730202RP00000000006.0
- Property ID: U1730202RP00000000006.0
Listed by Sellstate Coastal Realty
Get Pre-Approved Today
Schools
Schools serving 7408 Commerce St
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Riverview Elementary School 10809 Hannaway Drive, Riverview, FL 33578 | PK-5 | 0.2 mi |
Giunta Middle School 4202 South Falkenburg Road, Riverview, FL 33578 | 6-8 | 3.1 mi |
Spoto High School 8538 Eagle Palm Drive, Riverview, FL 33578 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7408 Commerce St
Date
Details
Price
Change
Source
10/08/2026
Listed
$2,100,000
114.29%
MLS
12/29/2025
Sold
$980,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7408 Commerce St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,008
—
$789,186
3%
2025
$15,008
14%
$766,200
3%
2024
$13,195
9%
$740,300
10%
2023
$12,111
—
$675,700
—
2022
$12,168
—
$675,700
—
2021
$12,204
—
$675,700
13%
2021
$12,204
14%
$598,200
5%
2019
$10,700
7%
$569,700
10%
2018
$10,021
5%
$518,300
6%
2017
$9,526
4%
$489,100
5%
2016
$9,198
-1%
$466,200
2%
2015
$9,334
13%
$458,700
10%
2014
$8,290
-2%
$417,000
—
2013
$8,452
—
$417,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7408 Commerce St
7408 Commerce Street, Riverview, FL 33578 (MLS# TB8556153) is a Retail property. 7408 Commerce Street is currently listed for $2,100,000 and was received on October 08, 2026. Want to learn more about 7408 Commerce Street? Do you have questions about finding other Retail real estate for sale in Riverview? You can browse all Riverview real estate or contact a Coldwell Banker agent to request more information.

