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Additional details

Keith Francis

keith@roundtablerealty.com +1(904) 874-2066

$ 795,900

Est. payment | -/mo

0.29 Acres Lot

Save Virtual Tour

$ 795,900

Est. payment | -/mo

Save Virtual Tour

0.29 Acres Lot

Key Details

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

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision West Port

MLS Listing ID TB8381814

HOA Y/N No

Annual Tax Amount $4,065

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 125x100

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

Photos are of similar 5 unit that just sold - see 2608 W Columbus Drive unit 1-5. True “Shovel Ready” Luxury Townhome Project in Booming West Shore District for experienced builders and developers in South Tampa! Project will be available for a limited time before seller breaks ground. All the heavy lifting is done ready to commence construction. Property currently zoned Commercial use, CN, has an approved special use 1 (SU1) for FIVE (5) “Dwelling: Single Family, attached” townhomes (see letter from city of Tampa). This allows for RM-24 zoning which are the following: front setback of 25ft; side setbacks of 7ft; rear setback of 20ft, and maximum height of 60ft (For each foot of building height above thirty-five (35) feet, the required yards shall be increased by one (1) foot.). The Future Land use is R-20, which allows up to 18 du/acre or up to 0.5 FAR. Per Hillsborough county. This rare commercial parcel spans 0.29 Acres with 125ft of frontage on S. Westshore and 100ft deep. Approved site plan calls for 5 three-story luxury townhomes with approved RM-24 setbacks with no major trees, easements or barriers for construction. Proposed build plans call for a ground floor two car garage, rear bonus room with bathroom, and deck with proper elevation in AE Flood plane. Second floor calls for open living-dinning- Kitchen combo with elegant modern finishes, half bath, all adjoined with a balcony ( if desired) for city views. Third floor features Ensuite with walk in closet, soaker tub, oversized shower, and two additional bedrooms. Full plans, elevations, renderings, approved use city letter, build plans, floor plans, site plan available upon request with executed NDA. Photos featured in listing of 5 unit luxury townhomes are of a similar project sold by the listing agent to illustrate the potential final product. This is an appealing project for the savvy investor who can build to keep as rental or exit the project upon completion with a very healthy ROI. There are many neighboring townhomes in this location that support the current evaluation metrics. Existing block commercial building on site was a FORMER RESTAURANT. CAN BE USED AS AN OFFICE, RETAIL STORE OR DIVIDED EXECUTIVE OFFICE SUITS. Current tenant in place is Month to Month allowing future builder/ Developer to collect income while final construction plans are finalized prior to breaking ground. Do not disturb tenant or business! Shown by appointment only.

Location

State FL

County Hillsborough

Community West Port

Area 33616 - Tampa

Zoning CN

Exterior

Community Features Street Lights

Utilities Available BB/HS Internet Available, BB/HS Internet Capable, Electricity Available, Phone Available, Sewer Available, Telephone Nearby, Utility Pole, Water Available

View Y/N No

Water Access No

Exposure South

Building

Lot Description Flood Plain/Bottom Land, City Limits, Near Marina, Oversized Lot

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Private Financing Available

Membership Fee Required None

Listing Terms Cash, Conventional, Private Financing Available

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8381814

Listed by Ben Mitrano PA LPT REALTY, LLC

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 469-7653

admin@roundtablerealty.com

1637 Racetrack Rd, Jacksonville, FL 32259

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6719 S WEST SHORE BLVD Tampa, FL 33616