Address
1202 N Franklin STREET, TAMPA, FL
Price
$ 4,100,000
Property Attributes
  • MLS#T3526792
  • TypeCommercial
  • CountyHILLSBOROUGH
  • CityTAMPA
  • AreaTampa
  • NeighborhoodClarkeS Subdivision To The City Of Tampa
  • Zip33602
  • StyleRestaurant
  • Year Built1923
  • Taxes$ 15951
  • Price$ 4,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3375
  • Lot Size0.09 Acres
Data Source:
Stellar MLS
Property Description

Currently home to the MICHELIN One Star rated Ebbe, 1202 N. Franklin was the previous home of Mole Y Abuela and the beloved Fly Bar. It was originally known as the Majestic Corporation Building when it was built in 1923. The building is configured as a full-service restaurant. There is also a rooftop bar (currently not in use). The 2nd year of the initial 5 year term of the lease with Ebbe begins in July '24. The lease provides for two (2) additonal 5 year renewal options.

Price History
5/19/2024 Listed $4,100,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available,Natural Gas Available,Public,Water Connected
Possession Close of Escrow
Zoning CBD-1
Construction Materials Brick
Year Built 1923
Property SubType Restaurant
Tax Year 2023
Percent Ownership Corporation
County Hillsborough
New Construction No
Property Type Commercial Sale
Subdivision Name CLARKE'S SUBDIVISION TO THE CITY OF TAMPA
Status Active
Directions From Florida Ave. and Kennedy Blvd,head N on Florida Ave. to a left on Royal St. Property is on the NW corner of Franklin St. and Royal St.
ModificationTimestamp 2024-05-20T00:36:34.210Z
City TAMPA
Buyer Agent Compensation 2.5%
View Y/N No
MLS Area 33602 - Tampa
Lot Size Units Square Feet
Lot Size Square Feet 3870
Waterfront Y/N No
Street Name Franklin
Tax Annual Amount 15951.09
Property Condition Completed
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3526792
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 5
Legal Description The S 45 FT OF LOT 5 BLOCK 11,CLARKE'S SUBDIVISION TO THE CITY OF TAMPA,RECORDED IN DEED BOOK H,PAGES 323 AND 324
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
LivingAreaSource Public Records

Exterior Features

Water Source Public
Lot Size Area 3870
Foundation Details Slab
Number of Buildings 1
Building Area Total 5338
Lot Dimensions 45 x 86
Street Suffix STREET
Lot Size Acres 0.09
Road Surface Type Brick
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33602

Price
AVG $5.36M
$4.1M
Taxes
AVG $11,201
$15,951
Visits
AVG 457
186
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1923