Log In/Sign Up
Your email has been sent.
3902 W Elrod Ave 1.64 Acres of Residential Land Offered at $2,300,000 in Tampa, FL 33616
Investment Highlights
- Excellent Development Opp. for Townhomes/ Multi-Family.
Executive Summary
Development opportunity in South Tampa Near MacDill Air Force Base! Planning and Development approval secured in 2021, awaiting
permits for a 20-unit villa-style townhome project, featuring 2 units per building. Future land use indicates the potential for up to 45
multifamily units. Presently, a rental home occupies the property on a month-to-month lease. Please respect tenant privacy - drive by
only, refrain from walking around the premises, and avoid disturbing occupants. This 1.64-acre parcel presents a rare opportunity in
South Tampa, boasting proximity to schools, retail outlets, dining establishments, Bayshore, medical facilities, and more
permits for a 20-unit villa-style townhome project, featuring 2 units per building. Future land use indicates the potential for up to 45
multifamily units. Presently, a rental home occupies the property on a month-to-month lease. Please respect tenant privacy - drive by
only, refrain from walking around the premises, and avoid disturbing occupants. This 1.64-acre parcel presents a rare opportunity in
South Tampa, boasting proximity to schools, retail outlets, dining establishments, Bayshore, medical facilities, and more
Financial Summary (Actual - 2024) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$43,200
|
$26,341.46
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$43,200
|
$26,341.46
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $43,200 |
| Annual Per AC | $26,341.46 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $43,200 |
| Annual Per AC | $26,341.46 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot
| Price | $2,300,000 | Lot Size | 1.64 AC |
| Price Per AC | $1,402,439.02 |
| Price | $2,300,000 |
| Price Per AC | $1,402,439.02 |
| Lot Size | 1.64 AC |
Description
Existing 3,362 SF single family residence
Property Taxes
| Parcel Number | A-16-30-18-41X-000002-00012.0 | Improvements Assessment | $439,288 (2025) |
| Land Assessment | $956,928 (2025) | Total Assessment | $1,396,216 (2025) |
Property Taxes
Parcel Number
A-16-30-18-41X-000002-00012.0
Land Assessment
$956,928 (2025)
Improvements Assessment
$439,288 (2025)
Total Assessment
$1,396,216 (2025)
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3902 W Elrod Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.