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    12718 N 20Th St, Unit TAMPA Tampa, FL 33612

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    For Sale
    $450,000

    Prime 0.70-acre development site in Tampa's University Area.

    Lot size:
    0.70 Acres

    Property Features for 12718 N 20Th St

    General Information

    Standard status
    Active
    Lot size
    0.70 Acres

    Source: LOMBARDO TEAM REAL ESTATE LLC Agent BHARGAV HIRPARA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tampa Multifamily Development Opportunity

    This 0.70-acre parcel, approximately 30,500 sq ft, presents an opportunity for multifamily development in Tampa. The site features 100 ft of frontage on N 20th Street and a depth of 305 ft. Zoned RMC-20, the property allows for up to 20 units per acre, although buyers should independently verify density and zoning regulations. The flat topography and easy street access enhance the site's readiness for development, with utilities located nearby. The location is in the University Area/NW of University Mall, a rental corridor experiencing rapid growth. Its location is near the University of South Florida (USF), AdventHealth and VA Hospitals, Uptown Tampa Innovation District, University Mall redevelopment, and Busch Gardens, as well as various retail and dining options. Several new mixed-use and multi-family communities are under construction in the immediate vicinity. This location may suit apartments, townhomes, or a boutique multi-family project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4372552
    Latitude
    28.062895

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    FAQs

    What type of property is this?
    Land - Prime 0.70-acre development site in Tampa's University Area.
    Where is this land located?
    The property is located at 12718 N 20Th St, Unit TAMPA Tampa, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime multi-family development site in Tampa's rapidly growing University Area/NW of University Mall.; - Zoned RMC-20, allowing up to 20 units/acre (buyer to verify density and zoning).; - Strategically located near University of South Florida (USF), AdventHealth and VA Hospitals, and Uptown Tampa Innovation District.
    (813) 321-0437
    Request Owner's contact information
    12718 N 20Th St, Unit TAMPA Tampa, FL 33612
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    Tampa, FL 33612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12718 N 20Th St, Unit TAMPA Tampa, FL 33612
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