Description

Discover an exceptional development opportunity at 203 N Tampania Ave, situated in one of Tampa’s most sought-after neighborhoods. This nearly 9,000 sq ft lot is fully approved for three units and comes shovel-ready with an approved DE1 and permits pulled—a true rarity in today’s competitive market. The current owner has invested over $50,000 in due diligence, providing invaluable assets such as site plans, geotechnical surveys, structural drawings, and a complete plan set, all available upon request.

The location is surrounded by luxury new construction townhomes selling between $850K to $1M, offering significant upside potential for developers and investors. The property’s prime location offers incredible walkability, just minutes from Midtown Tampa, the vibrant SoHo nightlife, Julian B. Lane Park, and the exciting new Riverwalk expansion, which will come within a few blocks of this property. Families will appreciate the zoning for the highly regarded Plant High School, adding even more value to this investment.

This property is not only ready for immediate development but also comes with an existing short-term rental operation, allowing for potential income while development plans are finalized. Detailed rental performance data is available upon request. With construction loans available and a trusted network of architects, engineers, and contractors in place, this project offers a turnkey development experience with the potential for substantial profits.

The convenience of this location cannot be overstated, with easy access to major roadways like I-275 and the Crosstown Expressway, ensuring quick commutes and access to Tampa’s best dining, shopping, and entertainment. With the combination of shovel-ready status, prime location, and strong market demand, this opportunity is ideal for those looking to capitalize on Tampa’s booming real estate market.

For more information, including surveys, detailed plans, and access to existing rental data, please contact us today. Don’t miss this chance to secure a profitable development project in the thriving South Tampa market!