5931 Rome Ave Tampa, FL 33604
This exceptional 0.6-acre lot, located at 5931 N Rome Ave in Tampa, Florida (Hillsborough County, zip code 33604), presents a remarkable multifamily development opportunity. Boasting 247 feet of frontage on N. Rome Ave and a depth of 100 feet, this fee-simple property is zoned RM-35, making it ideal for townhome or other multifamily projects. A new survey will be provided by the seller, ensuring a smooth and efficient development process. All utilities are readily available at the site, simplifying infrastructure connections. The asking price for this strategically located land is $2,700,000. Owner financing may be considered, offering flexible acquisition options for qualified buyers. This property's prime location and zoning regulations create a compelling investment prospect for developers seeking to capitalize on Tampa's thriving real estate market. The substantial lot size and extensive road frontage provide ample space for a substantial multifamily development. Don't miss this chance to acquire a highly desirable parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.