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$729,000

  • For Sale
  • Active
  • Commercial
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Prime Development Opportunity in Tampa's Growing Corridor. OWNERS ARE MOTIVATED! Now available: nearly one acre of strategically positioned commercial property at 705 E. Wilma Street, just off Busch Blvd and Nebraska Ave, and directly fronting the high-traffic I-275 entrance/exit ramp. This exceptional site sits next to a brand-new large-scale multi-family development, amplifying both visibility and future demand. The property consists of three parcels (formerly 701, 705, and 801 E. Wilma Street) and already carries the highly sought-after RM-20 zoning, saving you valuable time in the development process. Current income is in place through an existing single-family home and detached two-car garage. The tower on the property is in the process of being decommissioned-clearing the way for redevelopment. With unmatched exposure to millions of vehicles each month, this site is a rare opportunity for developers seeking high visibility, convenient Interstate access, and the chance to create a signature project in one of Tampa's fastest-evolving corridors. Don't miss the chance to secure this property and bring your vision to life.

Full Property Details for 705 E Wilma St

General

  • Price: $729,000
  • Taxes: $2,586 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8370278
  • Updated: 12/13/2025
  • Added to Site: 284 day(s) ago

Rental Information

  • Complex Features: Other

Location

  • Area: 33612 - Tampa / Forest Hills
  • County: Hillsborough
  • Development Name: 33612 - Tampa / Forest Hills
  • Subdivision: NORTH SIDE HOMES
  • Driving Directions: Head east on State Rd 580 E/E Busch Blvd. Turn left onto N Nebraska Ave. Turn left onto E Wilma St. Destination will be on the left.

Community

  • Community Name: 33612 - Tampa / Forest Hills

Heating & Cooling

  • Cooling Type: Central Air

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Concrete, Other
  • Roof: Shingle
  • Square Feet: 1,004
  • Sq. Ft. Source: Public Records
  • Year Built: 1955

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.46
  • Lot Size (Sq. Ft.): 20,135
  • Lot Size: 20135
  • Frontage: City Street
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $2,586.45
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Other
  • Special Conditions: None
  • Legal Description: NORTH SIDE HOMES LOT 1 AND LOT 2 LESS PART FOR SR 93 R/W DESC AS BEG AT SW COR AND RUN N 48.68 FT SELY 54.13 FT TO PT ON S BDRY 23.44 FT E OF SW COR AND W TO BEG AND VACATED ALLEY ABUTTING ON S BLOCK 16 AND W 1/2 OF VACATED R/W ABUTTING ON EAST
  • Flood Zone Info: X
  • APN: A2428183EE00001600001.0
  • Property ID: A2428183EE00001600001.0
  • Block/Lot/Section: 16

Listed by Keller Williams Tampa Central

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Listing agents

— 705 E Wilma St —

  • Keller Williams Tampa Central

  • Keller Williams Tampa Central

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 705 E Wilma St

School District:Hillsborough County School District
NameGradesDistance
Forest Hills Elementary School, Tampa, FL
10112 North Ola Avenue, Tampa, FL 33612
PK-50.8 mi
Adams Middle School
10201 North Boulevard, Tampa, FL 33612
6-81 mi
Chamberlain High School
9401 North Boulevard, Tampa, FL 33612
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 705 E Wilma St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/13/2025
Price Reduced
$729,000
-2.67%
MLS
10/20/2025
Price Reduced
$749,000
-6.37%
MLS
4/08/2025
Listed
$799,999
—
MLS
Get Price Alerts and Save Property
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 for 705 E Wilma St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,876
11%
$143,205
—
2024
$2,586
9%
$143,242
10%
2023
$2,373
21%
$129,810
35%
2021
$1,963
-9%
$96,347
-16%
2022
$2,158
10%
$114,761
30%
2021
$1,963
17%
$88,322
9%
2019
$1,681
6%
$81,037
8%
2018
$1,585
1%
$75,273
2%
2017
$1,573
17%
$74,060
17%
2016
$1,339
6%
$63,183
6%
2015
$1,266
—
$59,379
-1%
2014
$1,267
-2%
$59,891
-1%
2013
$1,299
—
$60,275
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Tampa Central

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705 E Wilma Street, Tampa, FL 33612 (MLS# TB8370278) is a Commercial property. 705 E Wilma Street is currently listed for $729,000 and was received on April 08, 2025. Want to learn more about 705 E Wilma Street? Do you have questions about finding other Commercial real estate for sale in Forest Hills? You can browse all Forest Hills real estate or contact a Coldwell Banker agent to request more information.

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