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$250,000
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Property Description
Small commercial sites with confirmed buildable dimensions and drive-through potential remain scarce across central Tampa, creating a strong opportunity for a QSR, coffee, or medical user seeking visibility near major employment centers and the University of South Florida. This 0.28-acre parcel features ±150 feet of frontage along North 40th Street and measures approximately 150' × 82', exceeding the City of Tampa's minimum width and area requirements for new commercial construction. Zoned CG (Commercial General), the property supports a broad range of retail, office, and service-based uses, including drive-through and single-tenant development. The site offers level topography, full utilities, and excellent exposure along a proven commercial corridor surrounded by national retailers and major institutions. Its flexible zoning and infill location make it ideal for an owner-user, small retail pad, or long-term investment hold, while proximity to USF, Busch Gardens, and AdventHealth Tampa underpins consistent demand and value stability. A small non-permanent shed is currently on-site and may be removed by the seller prior to closing at the buyer's request.
Full Property Details
Full Property Details for 8428 N 40th St
General
- Price: $250,000
- Taxes: $1,594 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8509721
- Updated: 5/18/2026
- Added to Site: 15 day(s) ago
Location
- Area: 33604 - Tampa / Sulphur Springs
- County: Hillsborough
- Development Name: 33604 - Tampa / Sulphur Springs
- Subdivision: TEMPLE CREST UNIT 1
- Driving Directions: Located along Tampa’s high-traffic North 40th Street corridor (±37, 500 vehicles), this 0.28-acre site offers strong visibility, full utilities, and direct access to a dense daytime population supported by USF, Busch Gardens, AdventHealth Tampa, and Moffitt Cancer Center. The surrounding trade area features a mix of national QSR, convenience, and service retailers serving both residential and employment-based demand. With proximity to Fowler Avenue, Busch Boulevard, and I-275, the property sits within one of Tampa’s most active infill submarkets for small-format retail and drive-through redevelopment.
Community
- Community Name: 33604 - Tampa / Sulphur Springs
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electrical Nearby
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,345
- Lot Size: 12345
- Lot Dimensions: 150 x 120
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $892,857
- Assoc Fee Desc.: None
- Tax Amount: $1,594.93
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: TEMPLE CREST UNIT NO 1 LOTS 23 24 AND 25 BLOCK 21 LESS RD R/W
- Flood Zone Info: X
- APN: A21281946400002100023.0
- Property ID: A21281946400002100023.0
- Block/Lot/Section: 21
Listed by Saunders Real Estate, Llc
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Schools
Schools serving 8428 N 40th St
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Kimbell Elementary School 8406 North 46th Street, Tampa, FL 33617 | K-5 | 0.4 mi |
Sligh Middle School 2011 East Sligh Avenue, Tampa, FL 33610 | 6-8 | 1.7 mi |
Wharton High School 20150 Bruce B Downs Boulevard, Tampa, FL 33647 | 9-12 | 9.9 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 8428 N 40th St
Date
Details
Price
Change
Source
5/18/2026
Listed
$250,000
357.88%
MLS
8/16/2017
Sold
$54,600
—
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 8428 N 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,428
10%
$88,267
10%
2023
$1,299
27%
$80,242
55%
2021
$1,022
-12%
$51,849
-24%
2022
$1,161
14%
$67,898
43%
2021
$1,022
18%
$47,528
10%
2019
$865
-2%
$43,208
—
2018
$880
—
$43,271
1%
2017
$884
1%
$43,019
—
2016
$879
6%
$43,040
8%
2015
$831
—
$39,975
—
2014
$834
-2%
$39,870
—
2013
$847
—
$39,723
—
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 8428 N 40th St
8428 N 40th Street, Tampa, FL 33604 (MLS# TB8509721) is a Lots/Land property with a lot size of 0.28 acres. 8428 N 40th Street is currently listed for $250,000 and was received on May 18, 2026. Want to learn more about 8428 N 40th Street? Do you have questions about finding other Lots/Land real estate for sale in Sulphur Springs? You can browse all Sulphur Springs real estate or contact a Coldwell Banker agent to request more information.

