$250,000

Description

Exceptional opportunity to acquire an 8,550-square-foot lot in Tampa, featuring a 720-square-foot, 2-bedroom, 1-bath single-family home and valuable development potential. The property has been rezoned to Planned Development (PD) to allow for the construction of four townhomes, offering an exciting opportunity for builders, developers, and investors looking to capitalize on Tampa’s growing housing market. The signed rezoning plans provide a foundation for the proposed development, with a maximum building height of 35 feet allowing for the potential to incorporate three-story designs with 3rd floor patio terraces, similar to townhomes along the same street. The existing home has received cosmetic improvements, including freshly painted walls and cabinets and laminate flooring, and is currently occupied by a month-to-month tenant paying $1,000 per month, providing rental income while future development plans are explored. Whether you choose to maintain the existing rental, pursue the proposed townhome project or explore the property’s investment potential, this offering presents a unique opportunity to secure a rezoned development site in Tampa. Don’t miss this opportunity to bring your vision to life, schedule your showing today and explore the potential this Tampa property has to offer!