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1305 S 22nd St - Palmetto Bay Pointe - Downtown Tampa 1.03 Acres of Residential Land Offered at $3,450,000 in Tampa, FL 33605
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
Property Facts
| Price | $3,450,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.03 AC |
| Property Type | Land | ||
| Zoning | CMU 35 - Community Mixed USE-35 (CCMU-35) | ||
| Price | $3,450,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.03 AC |
| Zoning | CMU 35 - Community Mixed USE-35 (CCMU-35) |
1 Lot Available
Lot
| Price | $3,450,000 | Lot Size | 1.03 AC |
| Price Per AC | $3,349,514.56 |
| Price | $3,450,000 |
| Price Per AC | $3,349,514.56 |
| Lot Size | 1.03 AC |
Price Reduced. Call for Offers: February 6, 2026. 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.
Description
Price Reduced. Call for Offers: February 6, 2026. Palmetto Bay Pointe is offered as a fully entitled multifamily development opportunity with approvals in place for up to 78 residential units on a ±1.03-acre site in Tampa, Florida. The property is zoned Urban Mixed Use and allows for a five-story (4-over-1) development, providing flexibility for efficient multifamily construction. The site is located within an established urban corridor experiencing continued residential growth and infrastructure investment, with strong proximity to Downtown Tampa, major employment centers, and regional transportation arteries. Surrounding development activity supports long-term demand fundamentals and positions the property favorably within the Tampa MSA. With entitlements secured and development plans completed, Palmetto Bay Pointe offers investors a streamlined path to construction, significantly reducing entitlement risk and shortening the development timeline. The opportunity is well suited for developers and capital partners seeking an entitled multifamily site in a growing urban market.
Property Taxes
| Parcel Number | A-19-29-19-52S-000005-00001.0 | Improvements Assessment | $0 |
| Land Assessment | $108,900 | Total Assessment | $108,900 |
Property Taxes
Contacts
-
Jordan Wean -
Mitash Kripalani, CCIM -
Virgilio Fernandez, CCIM, MSIRE -
Steven Sperandio -
Andrew Slowik -
Connor Wolfe -
Cushman & Wakefield of Florida, Inc.
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1305 S 22nd St - Palmetto Bay Pointe - Downtown Tampa
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