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3905 15Th Ave Tampa, FL 33605

For Sale
$1,250,000

.92-acre redevelopment opportunity in Tampa's Opportunity Zone.

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional 0.92-acre land parcel, located at 3905 E 15th Ave, Tampa, FL 33605, presents a compelling redevelopment opportunity within the East Tampa Opportunity Zone. The property consists of four lots (sold together only) totaling approximately 0.92 acres, with dimensions of 270' x 156' x 270' x 145', and boasts 270 feet of frontage on E 15th Ave. Zoned RM 24 for Residential Multi-Family use, this site is ideally suited for a variety of projects. Preliminary assessments suggest the potential for a 94-unit Assisted Living Care Facility (ACLF) or a 22-unit multifamily development, plus an additional 9 storage units. The property's location within the Opportunity Zone offers significant tax advantages for investors. Utilities are readily available, including water, sewer, and trash services provided by the City of Tampa, and electricity from TECO. The property is situated in an X flood zone. Folio numbers are 175381-, 175382-, 178383-0000. The 2023 real estate taxes totaled $7,724.00 for all parcels. The asking price for this prime development site is $1,250,000. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area with significant upside potential.

Property Features for 3905 15Th Ave

General Information

Property type
Retirement homes
Lot Size
40,075 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retirement homes

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Tampa
County
Hillsborough
State
Florida
Longitude
-82.415526516136
Latitude
27.966085204338

FAQs

What type of property is this?
Retirement home - .92-acre redevelopment opportunity in Tampa's Opportunity Zone.
Where is this retirement home located?
The property is located at 3905 15Th Ave Tampa, FL.
What is the asking price?
The asking price for this property is $1,250,000.
More about this property
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