Iconic Hyde Park Investment

Investment Overview

A rare opportunity to acquire an iconic Hyde Park asset prominently positioned at the primary entrance and exit to Davis Islands—one of Tampa’s most affluent and supply-constrained neighborhoods. This highly visible property offers unmatched exposure, architectural presence, and long-term flexibility in the heart of South Tampa. The offering includes Anderson House at 341 S. Plant Avenue, a three-story ±7,359 SF building situated on a ±0.69-acre site. Zoned RO-1 (future Land Use RM-50), providing highly desirable dual zoning that allows for office and residential uses, a rarity in this submarket and a significant driver of long-term value. City approved 50% parking reduction for zoning requirements. The property is currently 100% leased to Lecada, an extremely high-end medical aesthetics and wellness practice whose brand, build-out, and clientele align seamlessly with the prestige of Hyde Park and Davis Islands. The tenancy provides stable income today while preserving future optionality for an owner-user, investor, or developer. Adding to the investment appeal, plans are in place to expand the campus by an additional ±5,468 SF, including a ±4,064 SF three-story office building with ground-floor parking and a two-story ±1,404 SF residential building comprised of two one-bedroom units. This expansion potential offers a clear value-add pathway in a market where new development opportunities are increasingly limited. With irreplaceable location, dual-use zoning, expansion plans, and credit-worthy tenancy, this Hyde Park property represents a compelling opportunity to acquire a landmark property at the gateway to Davis Islands—one that combines immediate income with long-term strategic upside in one of Tampa’s most coveted corridors.