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1305 S 22nd St - Palmetto Beach Apartments- Downtown Tampa 1.03 Acres of Residential Land Offered at $3,950,000 in Tampa, FL 33605

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INVESTMENT HIGHLIGHTS

  • Fully entitled multifamily development for up to 78 residential units
  • Urban Mixed Use zoning under the Ybor & Palmetto Beach Master Plan
  • 106 parking spaces planned, supporting urban residential demand
  • ±1.03 net acres (44,867 SF) in a prime urban infill location
  • Permitted five-story (4-over-1) construction
  • Development-ready with conceptual plans, renderings, and site design completed

EXECUTIVE SUMMARY

Palmetto Bay Pointe is offered as a fully entitled multifamily development opportunity with approvals in place for up to 78 units on a ±1.03-acre site. The property allows for a five-story (4-over-1) development and is positioned in an established urban corridor experiencing continued residential and infrastructure investment. With entitlements secured and development plans completed, the site offers investors a streamlined path to construction with reduced entitlement risk and strong proximity to Downtown Tampa and major transportation arteries.

PROPERTY FACTS

Price $3,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Hospitality
  • Apartment Units
  • Hotel
Total Lot Size 1.03 AC
Zoning CMU 35 - Community Mixed USE-35 (CCMU-35)

1 LOT AVAILABLE

Lot

Price $3,950,000
Price Per AC $3,834,951.46
Lot Size 1.03 AC

Palmetto Bay Pointe is a fully entitled multifamily site in Tampa, FL. The ±1.03-acre parcel allows up to 78 units with Urban Mixed Use zoning and five-story development in a corridor seeing continued residential and infrastructure investment.

DESCRIPTION

Palmetto Bay Pointe is a fully entitled multifamily development opportunity located at 1305 S 22nd Street in Tampa, Florida. The ±1.03 net-acre (44,867 SF) site is entitled for up to 78 residential units and benefits from Urban Mixed Use zoning, consistent with the Ybor & Palmetto Beach Master Plan. The project allows for a five-story (4-over-1) development with planned structured and surface parking and a well-designed amenity program. Situated just east of Downtown Tampa, the property offers convenient access to I-275, the Selmon Expressway, Port Tampa Bay, and major employment centers, positioning it well for long-term multifamily demand in a growing urban infill corridor. With entitlements in place and development plans completed, Palmetto Bay Pointe offers investors a development-ready opportunity with reduced execution risk in one of Tampa’s most active growth markets.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A-19-29-19-52S-000005-00001.0
Land Assessment
$108,900
Improvements Assessment
$0
Total Assessment
$108,900
  • Listing ID: 38808491

  • Date on Market: 12/17/2025

  • Last Updated:

  • Address: 1305 S 22nd St, Tampa, FL 33605

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