Redevelopment Site with Existing Airbnb Returns
Multifamily
Marketing description
Discover an exceptional infill redevelopment opportunity in the heart of Tampa. Situated on an oversized 0.40-acre lot (approx. 224’ x 78’), this property is zoned RDC-12, allowing for multi-family, townhomes, or higher-density residential development (up to 12 units per acre — buyer to verify).
The existing 2-bedroom, 1-bath single-family home offers immediate rental or Airbnb potential while you plan your project — or clear the site and unlock the full development value of the land. The property also features alley access, making it ideal for rear-entry garages, private driveways, or courtyard-style townhome layouts.
Highlights
✔ RDC-12 zoning — rare high-density residential zoning in the area
✔ Oversized 0.40-acre lot — approx. 17,400+ SF of land
✔ Ideal for townhomes, duplexes, or multi-unit redevelopment
✔ Strong rental + Airbnb demand in the surrounding area
✔ Flat usable land with mature trees and open yard space
✔ No HOA — no CDD
✔ Convenient access to I-4, Ybor City, Brandon, and Downtown Tampa
This site offers the perfect opportunity for builders, developers, and value-add investors looking for affordable land with flexible zoning in a rapidly growing submarket.
Use the current home for cash-flow now — or bring your architect and start designing your next project.
📍 Location Benefits
• 10–15 minutes to Downtown Tampa
• Easy highway access
• Established residential surroundings
• High rental demand area
Investment highlights
RDC-12 Zoning — Rare High-Density Entitlement
• Allows up to 12 units per acre (buyer to verify)
• Supports townhomes, duplexes, or multi-family development
• Oversized 0.40-Acre Parcel (Approx. 17,400+ SF)
• Significantly larger than typical neighborhood lots
• Multiple site-planning options including rear-alley garage access
• Affordable Entry Price vs. New Construction Values
• Land acquisition cost well-positioned for attractive development spread
• Two Access Points Including Rear Alley
• Ideal for front-facing entrances / rear-loaded garages
• Enables clean streetscape design & higher buyer demand
• Immediate Cash-Flow Option
• Existing 2-bedroom residence usable as rental or Airbnb while permitting
• Strong Rental & Short-Term Demand
• Close proximity to Downtown Tampa, Ybor City, Port Tampa & I-4
• No HOA — No CDD
• Lower carrying costs & reduced long-term expense profile
• High-Growth Submarket
• Located in a corridor experiencing steady infill redevelopment activity
• Exit Versatility
• Build-for-rent
• Sell as fee-simple townhomes
• Hold as stabilized rental portfolio
• Flat Usable Site With Minimal Topography Challenges
• Cost-efficient site prep & planning
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