CENTURY 21 Edge
✦ Office

Commercial Sale · Office

$2,490,0005,113 sq ft$487 /sq ft0.4 acres

402 E 7TH AVENUE, TAMPA, FL, 33602

Active133 days on marketListed Jun 1, 2026MLS #TB8512929

About this property

The property at a glance

Virtually Staged. Positioned in the heart of Tampa Heights, 402 E 7th Ave presents a rare opportunity to own a distinctive professional office property with both immediate functionality and long-term redevelopment potential. Currently operating as law offices, this architecturally impressive property offers strong professional presence, flexible layout options, and exceptional accessibility within one of Tampa’s fastest-growing urban cores The property welcomes clients and guests through an elegant front entry or directly from the rear parking area, leading into a dramatic central rotunda that serves as the focal point of the building and provides seamless flow throughout the space. Soaring 11-foot ceilings enhance the front entry, center rotunda, conference rooms, and both spacious reception or bullpen-style office areas, creating an elevated and professional atmosphere throughout the primary gathering spaces. The private offices feature comfortable 9-foot ceilings for a more refined executive setting. The thoughtfully designed floorplan is divided into two functional office wings by the central rotunda. The left wing includes five private offices and a private bathroom, while the right wing offers three private offices and an additional bathroom, providing flexibility for a variety of professional, medical, creative, or executive office uses. The rotunda area also includes two additional bathrooms and connects to a convenient break room with kitchenette positioned between the main office space and attached three-car garage. In total, the property features four bathrooms. The air-conditioned interior space totals approximately 3,615 square feet, while the wraparound porch and attached three-car garage increase the total under-roof footprint to approximately 5,113 square feet. The garage also features a full stand-up, decked attic offering substantial additional storage capacity. Situated on a substantial 17,360-square-foot lot, the property also offers compelling future redevelopment potential. The parcel mirrors the size and configuration of the adjacent site that was successfully developed into nine luxury townhomes, making this an exceptional opportunity for investors, developers, or owner-users seeking both current utility and future land value upside. Located just minutes from Downtown Tampa, Ybor City, Armature Works, the Riverwalk, and the multi-billion-dollar Gas Worx redevelopment transforming the surrounding corridor, this is a unique opportunity to secure a landmark-style office property in one of Tampa’s most desirable urban growth areas.

5,113

Building sq ft

$487

Price / sq ft

0.4

Lot acres

2000

Year built

1

Building

PD

Zoning

Office

Property type

Building size5,113 sq ft
Lot size0.4 acres
Year built2000
Buildings1
ZoningPD
ParkingOther
ConstructionBlock · Cement Siding
CoolingCentral Air
HeatingCentral
UtilitiesElectricity Available · Phone Available · Public · Water Connected
Annual taxes$18,868

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $622,500
Interest rate6.00%
Loan term

Estimated payment

$12,929/mo

Principal & interest$11,197
Property taxes (actual bill)$1,572
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kemarie to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

252,000vehicles / day · 2025Bridge No-100138 to 10320000 Nb Off · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Palm Avenue @ Central Avenuebus stop0.1 mi
Palm Avenue @ Central Avenuebus stop0.1 mi
Palm Avenue @ Morgan Streetbus stop0.2 mi
Walter S. Pierce Adminstration Buildingcommunity centre0.2 mi
Palm Avenue @ Florida Avenuebus stop0.2 mi
Florida Avenue @ Palm Avenuebus stop0.2 mi
Marion Street @ Henderson Avenuebus stop0.2 mi
Henderson Avenue @ Florida Avenuebus stop0.2 mi
The Hall on Franklinrestaurant0.2 mi
Bro Bowlpitch0.2 mi
Palm Avenue @ Morgan Streetbus stop0.2 mi
Marion Street @ Estelle Streetbus stop0.2 mi
Henderson Avenue @ Florida Avenuebus stop0.2 mi
Morgan Street ParkPark0.2 mi
Nebraska Avenue @ 7th Avenuebus stop0.3 mi
Flower Crown KombuchaRestaurant0.3 mi
Nebraska Avenue @ Palm Avenuebus stop0.3 mi
Tampa Street @ 7th Avenuebus stop0.3 mi
Palm Avenue @ Taliaferro Avenuebus stop0.3 mi
Tampa Street @ Oak Avenuebus stop0.3 mi
TruistBank0.3 mi
Sprouts Farmers MarketGrocery0.3 mi
Henderson Avenue @ Nebraska Avenuebus stop0.3 mi
Elevation Coffee RoastersRestaurant0.3 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

7,452

Population

$48,803

Median income

34

Median age

3

Avg household

$428,395

Median home value

$1,235/mo

Median rent

812

Households w/ kids

Consumer profile

NetworkingTop 6%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Hops & BrewsTop 11%

Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.

Party LifeTop 12%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Yoga AdvocatesTop 17%

Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.

Whiskey BusinessTop 19%

Characterized by their appreciation for all things whiskey, this population enjoys the classy atmosphere of whiskey drinking and learning about different brands.

Ingredient AttentiveTop 23%

These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.

Recent sales

What actually sold near 402 E 7TH AVENUE

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1407 E 5TH AVENUE

$61,740

1407 E 5TH AVENUE

3,430 sqft · $18/sqft · Sold Oct 17, 2024

4501 N ARMENIA AVENUE

$1,250,000

4501 N ARMENIA AVENUE

3,952 sqft · $316/sqft · Sold Apr 20, 2026

4109 N ARMENIA

$1,250,000

4109 N ARMENIA

3,990 sqft · $313/sqft · Sold Aug 14, 2026

Your team

The pros in your corner

Kemarie Johnson

Your agent

Kemarie Johnson

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 402 E 7TH AVENUE — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 402 E 7TH AVENUE.

See it in person

Schedule a tour

Live availability from Kemarie's calendar — pick a time and it's booked.

Listing courtesy of MICHAEL SAUNDERS & COMPANY · Rodger Kooser. MLS #TB8512929.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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