8625 Causeway Blvd Tampa, FL 33619
This exceptional 9-acre parcel in Tampa, Florida, presents a prime opportunity for multifamily development. Approved for 238 units under PD zoning, this land boasts a highly desirable location at 8625 Causeway Blvd, just six miles from Downtown Tampa. Its strategic position provides easy access to major transportation arteries, including I-4, I-275, US-301, US-41, the Crosstown Expressway, and SR-60, ensuring convenient commutes for residents. The property benefits from proximity to significant employers such as Coca-Cola, Progressive, General Dynamics, USAA, Grow Financial, and LifeLink, supporting strong rental demand. The surrounding area exhibits robust demographics, with a projected 2023 population of 166,951 within a five-mile radius and an average household income of $83,186. This translates to a high demand for quality multifamily housing. The site is situated on heavily traveled Causeway Boulevard, adjacent to a new 800,000 square foot Coca-Cola corporate sales and bottling center. This development opportunity combines prime location, strong demographics, and pre-approved plans for a substantial multifamily project, making it an attractive investment in the thriving Tampa real estate market. The Hillsborough County location and 33619 zip code further enhance its appeal.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.