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Property Description
Rare redevelopment opportunity in the heart of West Tampa! Situated on a prominent corner lot measuring approximately 80 x 145, offering exceptional flexibility for homeowners, investors and builders. The property is currently zoned RS-50 with an R-20 Future Land Use designation, creating a variety of potential paths. Renovate the existing home and enjoy an oversized homesite, build your custom dream home, explore subdividing the property into two approximately 72.5 x 80 lots fronting St. Joseph Street, or potentially renovate the current residence while creating an additional buildable lot. The R-20 Future Land Use designation may also support future rezoning or multifamily redevelopment possibilities.The surrounding neighborhood continues to experience significant growth, with multiple newer constructed million-dollar homes built on the same block and nearby blocks, further demonstrating the area's strong appeal and investment potential.
Ideally located within walking distance of Raymond James Stadium and near the area being considered for a potential new Tampa Bay Rays stadium. Just minutes from Midtown Tampa, International Plaza, Tampa International Airport, Downtown Tampa, Armature Works and the growing West Tampa Riverfront district. Whether you envision a private urban estate, new construction, multiple homes or a long-term development investment, this oversized corner property offers endless possibilities in one of Tampa's most centrally located neighborhoods.
All dimensions, zoning, future land use, subdivision potential, buildability, density and redevelopment possibilities should be independently verified with the City of Tampa and other appropriate governmental authorities. No approvals or entitlements are represented or guaranteed.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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