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307 Westland ave - SOUTH TAMPA MULTIFAMILY PARCEL DEVELOPMENT OP 0.31 Acres of Residential Land Offered at $1,200,000 in Tampa, FL 33606
Investment Highlights
- Seller Financing Available!
- Zoned RM-16 (Future Landuse R-35)
- Strategic location in the South Tampa area
- Prime vacant land multifamily parcel. Ideal for medium-high density residential or mixed-use development
- Allows up to 11 buildable units by right with rezoning
- Located in the highly desirable 33606 corridor
Executive Summary
Introducing an exceptional multifamily development investment opportunity in the South Tampa area, just west of downtown Tampa. This prime .31 acre vacant land parcel is strategically zoned RM-16 (Future Landuse R-35), offering immense potential for medium-high density residential or mixed-use development. The current zoning of 16 units per acre would allow 5 buildable units, however the future land use zoning of 35 units per acre would allow 11 buildable units by right, which could be accomplished by rezoning. Convenient hook-up access for utilites and water.
Positioned in the sought-after South Tampa area in the 33606 corridor, this parcel presents a compelling prospect for forward-thinking investors. With its advantageous zoning and desirable location, this property is an ideal choice for those seeking to capitalize on the burgeoning real estate market in Tampa. Don't miss out on the chance to acquire this property and unlock its full potential for lucrative returns.
Perfect for townhomes, small apartment buildings or infill multifamily.
This location offers easy access to the University of Tampa, downtown Tampa's business district, the Midtown Tampa district, Raymond James Stadium, I-275, and scenic Bayshore Boulevard. Indulge in the diverse dining and entertainment options in the Hyde Park Village and experience the rich cultural scene at the Tampa Museum of Art. With its bustling atmosphere and proximity to local hotspots, the area presents a compelling opportunity for lucrative multifamily development.
Property Facts
| Price | $1,200,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.31 AC |
| Zoning | RM-16 - Future Land use R-35 | ||
| Price | $1,200,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.31 AC |
| Zoning | RM-16 - Future Land use R-35 |
1 Lot Available
Lot
| Price | $1,200,000 | Lot Size | 0.31 AC |
| Price Per AC | $3,870,967.74 |
| Price | $1,200,000 |
| Price Per AC | $3,870,967.74 |
| Lot Size | 0.31 AC |
This prime .31 acre vacant land parcel is strategically zoned RM-16 (Future Landuse R-35), offering immense potential for medium-high density residential or mixed-use development.
Description
Introducing an exceptional multifamily development investment opportunity in the South Tampa area, just west of downtown Tampa. This prime .31 acre vacant land parcel is strategically zoned RM-16 (Future Landuse R-35), offering immense potential for medium-high density residential or mixed-use development. The current zoning of 16 units per acre would allow 5 buildable units, however the future land use zoning of 35 units per acre would allow 11 buildable units by right, which could be accomplished by rezoning. Convenient hook-up access for utilites and water. Positioned in the sought-after South Tampa area in the 33606 corridor, this parcel presents a compelling prospect for forward-thinking investors. With its advantageous zoning and desirable location, this property is an ideal choice for those seeking to capitalize on the burgeoning real estate market in Tampa. Don't miss out on the chance to acquire this property and unlock its full potential for lucrative returns. Perfect for townhomes, small apartment buildings or infill multifamily. This location offers easy access to the University of Tampa, downtown Tampa's business district, the Midtown Tampa district, Raymond James Stadium, I-275, and scenic Bayshore Boulevard. Indulge in the diverse dining and entertainment options in the Hyde Park Village and experience the rich cultural scene at the Tampa Museum of Art. With its bustling atmosphere and proximity to local hotspots, the area presents a compelling opportunity for lucrative multifamily development.
