Description

Development opportunity consisting of two adjacent, cleared lots offered together in an up-and-coming East Tampa pocket with substantial new residential construction nearby. Both parcels have successfully been rezoned to RM-18, allowing for the potential development of two residential units per lot, for up to four total units across the combined offering.This is an attractive opportunity for a builder or developer pursuing a build-to-sell or build-to-rent strategy. The lots are cleared and ready for the permitting and development process. City utilities are available at the street, and a survey is available.The surrounding area continues to experience residential growth, with numerous newly constructed units already developed throughout the immediate pocket. Convenient access to major roadways, Downtown Tampa, Ybor City, employment centers, and other Tampa-area amenities adds to the long-term investment potential.The RM-18 rezoning has been approved. The final ordinance and approval letter are expected shortly, and county property records may take several months to reflect the updated zoning. Buyer and buyer's agent should independently verify zoning, permitted uses, unit count, utility connections, setbacks, parking requirements, impact fees, and all other development requirements with the appropriate governmental authorities.