Investor's Dream: Prime Multi-Family Teardown Opportunity in Vibrant Tampa, Florida Discover an exceptional investment opportunity in the heart of Tampa with this prime multi-family teardown property. Boasting coveted zoning for multi-family development, this strategically located corner unit is ready for your architectural vision. The lot offers a blank canvas for redevelopment, allowing you to create a lucrative residential haven in Florida's most dynamic city. With a rapid increase in demand for multi-family housing in the Tampa market, this property presents a golden opportunity to capitalize on the city's economic expansion. Enjoy proximity to major highways, shopping, and recreational amenities, enhancing the appeal of your future development. Located within minutes of downtown and a short walk from Armature Works, residents will have easy access to parks, shopping centers, dining options, and the vibrant cultural scene that Tampa offers. The potential After Repair Value (ARV) for this property is estimated to be between $1.6 million and $1.8 million, reflecting the robust real estate market in the area. This projection underscores the substantial return on investment awaiting the savvy investor/developer. Additional Information: The property is a corner unit with a lot size of .13 acres, and the zoning is designated for Multi-Family Residential use. The lot is already plumbed for sewer, water & electricity, ensuring convenience for future development. Don't miss out on this chance to secure a solid return on investment.
Listing courtesy of BEYCOME OF FLORIDA LLC. 844-239-2663
Selling Office: STELLAR NON-MEMBER OFFICE.StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on