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Jeramiah Bustin

jeramiah.bustin@engelvoelkers.com +1(813) 857-2120

$ 700,000

Est. payment -/mo

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7201 E 21ST AVE Tampa, FL 33619

1.87 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Unplatted

MLS Listing ID TB8561167

HOA Y/N No

Annual Tax Amount $6,101

Lot Size 1.870 Acres

Acres 1.87

Lot Dimensions 168X485

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

RARE DEVELOPMENT OPPORTUNITY IN EAST TAMPA! Located at 7201 E 21st Avenue, this offering features Phase Two of Allegra, a residential development opportunity consisting of a separate land parcel with an approved site plan for a planned 24-unit duplex expansion. Land only — construction is not included in the asking price. The approved plans provide an opportunity for a developer to move forward with the next phase of construction, subject to applicable requirements. Ideally situated in Hillsborough County's East Tampa submarket, the property offers convenient access to Causeway Boulevard, US-41/50th Street, I-4, and the Selmon Expressway. The location is also near major employment and economic centers, including the Port of Tampa, Ybor City, and Downtown Tampa. The surrounding area features established residential neighborhoods and rental housing, making this an attractive opportunity to develop a professionally managed residential community. Phase One of Allegra is 100% complete, with Certificates of Occupancy issued, while Phase Two offers the potential to expand the development to a planned total of 44 residential units across both phases. Investors and developers may explore acquiring Phase Two independently or pursuing both phases together for a larger-scale development opportunity. Bring your vision to Allegra and capitalize on Tampa's growing residential market!

Location

State FL

County Hillsborough

Community Unplatted

Area 33619 - Tampa / Palm River / Progress Village

Zoning RDC-12

Exterior

Fence Fenced

Utilities Available Public

View Y/N No

Water Access No

Exposure North

Building

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Kenly-Hb

Middle Schools Mann-Hb

High Schools Blake-Hb

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8561167

Listed by Jessica Scialletti VITANOVA REALTY GROUP LLC

NEARBY SCHOOLS & PROPERTIES

Jeramiah Bustin

License Partner | Broker Associate | Professional Athlete Advisory | Development Services

+1(813) 857-2120

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