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3902 W Elrod Ave

1.64 Acres of Residential Land Offered at £2,151,738 in Tampa, FL 33616

Investment Highlights

  • Excellent Development Opp. for Townhomes/ Multi-Family.

Executive Summary

Development opportunity in South Tampa Near MacDill Air Force Base! Planning and Development approval secured in 2021, awaiting
permits for a 20-unit villa-style townhome project, featuring 2 units per building. Future land use indicates the potential for up to 45
multifamily units. Presently, a rental home occupies the property on a month-to-month lease. Please respect tenant privacy - drive by
only, refrain from walking around the premises, and avoid disturbing occupants. This 1.64-acre parcel presents a rare opportunity in
South Tampa, boasting proximity to schools, retail outlets, dining establishments, Bayshore, medical facilities, and more

Property Facts

Price £2,151,738
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1.64 AC

1 Lot Available

Lot

Price £2,151,738
Price Per AC £1,312,035
Lot Size 1.64 AC

Description

Existing 3,362 SF single family residence

zoning

Zoning Code PD (Planned Development)
PD (Planned Development)
  • Listing ID: 31712818

  • Date on Market: 06/05/2024

  • Last Updated:

  • Address: 3902 W Elrod Ave, Tampa, FL 33616

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