Hampton Heights Apartments
Land | 1.29 acres
Marketing description
27 Unit SHOVEL-READY multifamily Development Tampa FL Oportunity Zone
Rare opportunity to acquire a fully entitled and shovel-ready multifamily development site in a rapidly growing Tampa submarket. Hampton Heights Apartments is approved for a 27-unit residential project, 18 units 2/2 9 units 1/1 3 story building Seminole Heights offering investors and developers the ability to immediately begin construction and capitalize on strong rental demand in the area.
The project has completed key pre-development milestones, significantly reducing timeline and entitlement risk. This is an ideal opportunity for a developer seeking a streamlined path to construction in one of Florida’s most active multifamily markets.
Owner is a real estate agent.
Investment highlights
✔️ Shovel-ready development (permits and plans in place)
✔️ Approved for a 27-unit, 3-story multifamily building
✔️ Located in Seminole Heights, one of Tampa’s most desirable and rapidly growing submarkets
✔️ Situated within a Qualified Opportunity Zone (QOZ) – potential tax advantages for investors
✔️ Strong rental demand driven by proximity to Downtown Tampa, Ybor City, and major employment hubs
✔️ Walkable area with popular restaurants, retail, and lifestyle amenities
✔️ Efficient 3-story design maximizing density and construction cost efficiency
✔️ Reduced entitlement risk and faster time to construction
✔️ Ideal for workforce housing or market-rate development
✔️ Significant upside potential in a high-growth corridor
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