$5,500,000

Description

NOW AVAILABLE- .41-acre site with outstanding potential for mixed-use or multi-family development. Zoned YC-6 (Community Commercial), the property offers over 194 feet of frontage along E. 4th Avenue, ensuring strong visibility and convenient access. Its optimal use would be a new development featuring ground-floor retail with multi-story apartment or condo residences above, creating a modern live-work environment in Ybor’s historic district. The site is already entitled for a 93-unit multi-family project and benefits from a highly visible location at the intersection of Angel Oliva Sr. Street and E. 4th Avenue, offering significant opportunities for residential and select commercial uses. Approved plans are available to complete the project as depicted in the renderings- contact the broker for additional details. The proposed development includes eight retail spaces, 30 studio units, 50 one-bedroom units, 13 two-bedroom units, and 97 on-site parking spaces. Additional planned features include elevator access, ADA-compliant parking, EV charging stations, potential sidewalk seating, and rooftop access. The property also supports a variety of future development options, including mixed-use (residential/retail), live-work units, detached or attached single-family homes (townhomes), multi-family dwellings (duplex through sixplex), group living facilities (up to six residents), rooming houses, and more. Located within a rapidly expanding residential area, this site presents a compelling investment opportunity for future development. It offers quick access to the Crosstown Expressway, N. 22nd Street, Adamo Drive/Hwy 60, I-275, I-4, N. Nebraska Avenue, and numerous amenities throughout the Greater East Tampa area. As of 2024, the surrounding population includes 11,808 residents within one mile, 100,331 within three miles, and 107,430 within five miles. ....ENTITLEMENT for up to 93 units • Available, 0.41 acres land site • Superior corner location- E. 4th Avenue and Senior Angel Oliva Street • Prime development opportunity • Exceptional frontage, visibility and access • Level topography with all utilities to the site • 194’ (approx.) fronting E. 4th Avenue • Traffic Count/ Cross Streets: 5,400 VTD (Angel Oliva Street and 7th Avenue) AADT, 2024 • New residential, retail and office development projects within immediate proximity of this site • Minutes from I-275, Interstate 4, Downtown Tampa, Channel District and the Greater East Tampa Area that is bordered by established neighborhoods and growing residential communities • Bordered by established neighborhoods and growing residential communities, this site is minutes from Interstate-275, Interstate 4, Downtown Tampa, Channel District and the Greater East Tampa Area