Rarely available! Attention Builders/Developers/ Investors "Shovel ready" 5-unit luxury townhome project offers several opportunities. Break ground immediately in 2022! Build the project for individual resale of each unit as the lots and utilities are separate. Alternatively, Build and keep this Class A multifamily asset for long term cash flow, passive income, appreciation, and tax benefits. The sale includes the legally created DECLARATION OF COVENANTS, BYLAWS, and Articles of Incorporation which allow flexibility to future owners to allow short term rentals or restrict to seasonal or long term rentals. This affords the new owner the ability to control management, association fees, and several cost-effective and mitigating decisions of the project to maximize ROI. The current owners spent over 1.5 years on all tedious planning, zoning, site plan, architect plans, civil engineering, approval of plans, obtaining the building permit, professional design studio 2-D/3-D elevations and renderings, creating the Legal association documents, and as a bonus the ENTIRE WINDOW PACKAGE conveys with sale. The Window Package includes double pane impact which includes 5 triple sliders and a total of 65 windows to complete the approved building plans. There are limited New construction townhome projects in the 33607 area of Tampa much less approved plans which are one year or greater out from approval. Building plans call for 5 unit- two story- two car garage townhomes with a first floor living space of 907sqft and second floor living of 1286 total just under 2200 living sqft per unit. This opportunity will not last and will be available for limited time if current owners decide to break ground and start building. Contact the listing agent, Ben Mitrano PA 727-504-3490 for more insight on project details.
