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    7507 Glen Ave Tampa, FL 33614

    For Sale
    Contact for pricing

    6.43 Acres, 33 Townhome Lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6.43-acre parcel in Tampa, Florida's South Carrollwood submarket presents a rare opportunity for townhome development. Approved for 33 townhome lots (20' x 100'), this site requires only minor zoning modifications for approval. Its prime location offers excellent access to major employment hubs, including the Westshore Business District (4 miles), Downtown Tampa (7.5 miles), Downtown Clearwater (22 miles), and Downtown St. Petersburg (24 miles). Convenience is further enhanced by proximity to major retailers like Target, Walmart, Lowe's, and Home Depot (all within a 10-minute drive). Both Tampa International Airport (6 miles) and St. Pete-Clearwater International Airport (18 miles) are easily accessible. This is one of the largest remaining undeveloped sites in Carrollwood, making it a highly desirable investment in the competitive Tampa Bay market. Civil plans will be completed by the current owner in Q4 2024, enabling permitting to begin in Q1 2025. A survey and site plan are available upon request. This presents a unique chance to acquire an entitled site ready for immediate development in a thriving area. The planned townhome lots offer a compelling opportunity for a high-demand residential project.

    Property Features for 7507 Glen Ave

    General Information

    Property type
    Land

    HighLights

    • 6.43‑acre residential land parcel approved for 33 townhomes in Tampa, FL's South Carrollwood submarket.
    • Excellent location near major employment centers (Westshore, Downtown Tampa) and retailers (Target, Walmart).
    • Proximity to Tampa International Airport (6 miles) and St. Pete‑Clearwater International Airport (18 miles).
    • Planned for 33 townhome lots (20' x 100'); minor zoning modification needed.
    • Civil plans to be completed Q4 2024, permitting to start Q1 2025. Survey and site plan available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -82.4979661
    Latitude
    28.0170869

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    FAQs

    What type of property is this?
    Land - 6.43 Acres, 33 Townhome Lots
    Where is this land located?
    The property is located at 7507 Glen Ave Tampa, FL.
    What are key features of this property?
    This property features: 6.43-acre residential land parcel approved for 33 townhomes in Tampa, FL's South Carrollwood submarket.; Excellent location near major employment centers (Westshore, Downtown Tampa) and retailers (Target, Walmart).; Proximity to Tampa International Airport (6 miles) and St. Pete-Clearwater International Airport (18 miles).
    (813) 287-8787
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    7507 Glen Ave Tampa, FL 33614
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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
    7507 Glen Ave Tampa, FL 33614
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