$250,000

DEVELOPMENT OPPORTUNITY – REZONED FOR 4 TOWNHOMES. This 8,550 SF lot in Tampa has been rezoned to Planned Development (PD), which allows construction of four townhome units. Signed rezoning plans are in place, so builders and developers can skip the rezoning process and move straight to design and permitting. The PD sets a maximum building height of 35 feet. That leaves room for 3rd-floor patio terraces, like the newer townhomes on the same street. A conceptual rendering of the proposed four-unit building is included in the photos. Prime location in a fast-growing area: The property sits right next to Gasworx, the 50-acre mixed-use development between Ybor City and the Channel District. Gasworx is planned to bring thousands of new residences plus office and retail space. Large-scale investment like this and other Ybor developments are changing the area, and they create strong demand for new-construction housing close to downtown, Ybor and Channelside. Income while you plan: The existing 720 SF, 2-bed/1-bath home has been cosmetically updated with freshly painted walls and cabinets and laminate flooring. It’s leased month-to-month at $1,000/month, which helps offset carrying costs while you design and permit. This is a rezoned infill site for builders, developers and investors who want to add new-construction townhomes in one of Tampa’s most active development corridors. Buyer to verify all zoning, entitlements and development requirements with the appropriate jurisdiction. Schedule your showing today!