North Tampa Development Opportunity

North Tampa Development Opportunity

0 bed 0 bath 40500 sq ft Built in 0 Vacant land
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69
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
10/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
10/10
Property Details

Tampa is one of America's hottest markets, and we are presenting a golden opportunity to capitalize. This Tampa development opportunity is rare. It consists of six parcels that were recently subdivided by the owner, two of which are ready to be developed. The lots are located in a densely populated area right in the heart of Tampa, where many families look to settle. If marketed correctly, these new homes are expected to be the center of attention due to the lack of new construction homes available in this pocket of Tampa. 

The parcels are approximately 50 feet wide x 135 feet deep, according to a recent survey, and are on par with similar lots in the area. Comparable, vacant parcels are selling somewhere in the high 100s, and new construction homes are selling in the 500s. You can potentially earn a half-a-million pay day. Be sure to contact your EquityPro Advisor today to learn more about this project. 

 

 

 

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We recommend flip
Rental Income
$13,800 mo. / $165,600 yr.
Property Insurance
$21,000 / yr.
Estimated Taxes
$18,000 / yr.
Property Management
$16,560 / yr.
Maintenance
$0 / yr.
HOA Dues
$0 / yr.
$110,040
Projected Income
4.60%
Estimated APY
$500,250
Projected Income
19.77%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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