7201 E 21ST AVE, TAMPA, FL, 33619
$700,000
Land
Lot Size
81,457 Sqft
RARE DEVELOPMENT OPPORTUNITY IN EAST TAMPA! Located at 7201 E 21st Avenue, this offering features Phase Two of Allegra, a residential development opportunity consisting of a separate land parcel with an approved site plan for a planned 24-unit duplex expansion. Land only — construction is not included in the asking price. The approved plans provide an opportunity for a developer to move forward with the next phase of construction, subject to applicable requirements. Ideally situated in Hillsborough County’s East Tampa submarket, the property offers convenient access to Causeway Boulevard, US-41/50th Street, I-4, and the Selmon Expressway. The location is also near major employment and economic centers, including the Port of Tampa, Ybor City, and Downtown Tampa. The surrounding area features established residential neighborhoods and rental housing, making this an attractive opportunity to develop a professionally managed residential community. Phase One of Allegra is 100% complete, with Certificates of Occupancy issued, while Phase Two offers the potential to expand the development to a planned total of 44 residential units across both phases. Investors and developers may explore acquiring Phase Two independently or pursuing both phases together for a larger-scale development opportunity. Bring your vision to Allegra and capitalize on Tampa’s growing residential market!
Property Details
Property Features Property Features
MLS ID: MFRTB8561167 Year Built:
Country: US County Or Parish: Hillsborough
Current Use: Multi Family Direction Faces: North
Fencing: Fenced Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Property Type: Land
Road Frontage Type: City Street Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt Sewer: Public Sewer
Showing Requirements: Call Listing Agent, See Remarks Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Public Water Source: Public
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