211 W Gladys St., Tampa, FL 33602

211 W Gladys St., Tampa, FL 33602
Photo 1 of 5
$300,000
Sold on 12/20/23
Beds Baths Sq. Ft. Taxes Built
2 1.0 1,111 $2,043 1927
On the market: 21 days
View full details, 15 photos, school info, and price history
Investor's Dream: Prime Multi-Family Teardown Opportunity in Vibrant Tampa, Florida Discover an exceptional investment opportunity in the heart of Tampa with this prime multi-family teardown property. Boasting coveted zoning for multi-family development, this strategically located corner unit is ready for your architectural vision. The lot offers a blank canvas for redevelopment, allowing you to create a lucrative residential haven in Florida's most dynamic city. With a rapid increase in demand for multi-family housing in the Tampa market, this property presents a golden opportunity to capitalize on the city's economic expansion. Enjoy proximity to major highways, shopping, and recreational amenities, enhancing the appeal of your future development. Located within minutes of downtown and a short walk from Armature Works, residents will have easy access to parks, shopping centers, dining options, and the vibrant cultural scene that Tampa offers. The potential After Repair Value (ARV) for this property is estimated to be between $1.6 million and $1.8 million, reflecting the robust real estate market in the area. This projection underscores the substantial return on investment awaiting the savvy investor/developer. Additional Information: The property is a corner unit with a lot size of .13 acres, and the zoning is designated for Multi-Family Residential use. The lot is already plumbed for sewer, water & electricity, ensuring convenience for future development. Don't miss out on this chance to secure a solid return on investment.
Listing courtesy of Steven Koleno, BEYCOME OF FLORIDA LLC