Corner Lot Near Armature
402 W COLUMBUS Dr, Tampa, FL 33602
Two parcels near Armature Works with development potential.
Type:Land
Lot size:
0.35 Acres- Added:
- Apr 15, 2026
- Days on Market:
- 48
- Last Refresh:
- Apr 3 at 5:04 pm
Property Features for 402 W COLUMBUS Dr
General Information
- Standard status
- Active
- Lot size
- 0.35 Acres
- Property subtype
- Land
Listing agent Asad Shaikh License #3373314 (813) 737-7091
Listing office (813) 737-7091
Listing date Apr 15, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Asad Shaikh
HighLights
- Prime corner lot location, just three blocks from Armature Works, with alley access.
- Significant development potential with CMU‑35 zoning, allowing up to 12 dwelling units or 30,480 SF of development.
- Designated Opportunity Zone, potentially unlocking additional density via the Live Local Act.
- Two parcels totaling 15,240 SF with 120 feet of frontage on W Columbus Drive and 127 feet on N Massachusetts Avenue.
- Existing triplexes generate $7,100/month in gross income, providing cash flow during the entitlement process.
- Surrounded by new luxury townhome developments, indicating strong area growth and desirability.
Overview
Located three blocks from Armature Works, the property consists of two parcels totaling 15,240 square feet. It features 120 feet of frontage on W Columbus Drive and 127 feet on N Massachusetts Avenue. The current zoning is CG, allowing for broad commercial uses. The future land use is CMU-35, permitting up to 12 dwelling units at 35 dwelling units per acre, or 30,480 square feet of development at a Floor Area Ratio of 2.0. The property is located in a designated Opportunity Zone, with potential for additional density under the Live Local Act. Currently, there are two existing triplexes on the land, generating a gross monthly income of $7,100. Four luxury townhomes are under construction at 401 W Amelia Ave, and eight more at 405 W Amelia Ave, both adjacent to the site. Surveys, an arborist report, and development concepts are available.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4568132
- Latitude
- 27.9670803
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FAQs
What type of property is this?
Commercial land - Two parcels near Armature Works with development potential.
Where is this commercial land located?
The property is located at 402 W COLUMBUS Dr Tampa, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime corner lot location, just three blocks from Armature Works, with alley access.; Significant development potential with CMU‑35 zoning, allowing up to 12 dwelling units or 30,480 SF of development.; Designated Opportunity Zone, potentially unlocking additional density via the Live Local Act.
