$3,900,000

Description

Rare Tampa infill land development opportunity in the Pinecrest West Park area. The Blossom Avenue Project consists of a 24-lot residential assemblage totaling approximately 3.38± acres / 147,233± SF, with all lots controlled by the same ownership group. Current conceptual materials contemplate a 24-lot single-family residential development, creating an opportunity for a developer, builder, investor group, or build-to-rent operator to pursue a residential project in an established Tampa submarket with limited newer housing supply. The location offers access to key Tampa demand drivers, including Tampa International Airport, the Westshore Business District, Downtown Tampa, Raymond James Stadium, Steinbrenner Field, and nearby education/employment corridors. The site offers flexibility for multiple residential strategies, including single-family for-sale homes, build-to-rent homes, rental portfolio, townhome concept, workforce housing, senior housing, affordable housing, or other residential uses, subject to applicable approvals. Existing ownership control provides a meaningful head start compared to a traditional assemblage involving multiple unrelated property owners. Additional neighboring parcels may also create future assemblage and development upside. Preliminary due diligence and conceptual materials are available to qualified buyers. Seller may consider an outright sale, joint venture, land contribution, phased acquisition, builder partnership, or other creative structure with a qualified buyer, builder, developer, or investor group.