$875,000

Description

Corner infill development site in Tampa Heights. Highly visible ±9,044 SF parcel with approximately 68' frontage on E Palm Ave and 133' along Central Ave, offering flexible site orientation and efficient design potential. RM-24 zoning (24 units per acre) may support a 4-unit townhome or multifamily project, subject to buyer verification and City of Tampa approvals. Rear alley access further enhances layout efficiency and parking design options. The property is located in Flood Zone X (buyer to verify). The site’s dimensions and dual frontage provide multiple configuration opportunities for builders seeking efficient unit layouts. An existing 3BR/2BA single-family residence (±1,851 SF) offers potential interim rental income or can be cleared for redevelopment. Additional density or mixed-use potential may be achievable through a Planned Development process, subject to municipal approvals. Tampa Heights is one of Tampa’s most active infill submarkets, driven by strong multifamily fundamentals and proximity to Downtown Tampa, Armature Works, and the Riverwalk.