Hyde Park Tampa New Build Opportunity

Hyde Park Tampa New Build Opportunity

3 bed 1 bath 841 sq ft Built in 1950 Single Family
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70
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
2/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
20/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Rare opportunity for builders, developers, and investors to acquire a strategically positioned residential infill site in an established Tampa market with strong demand for newly constructed housing.

The opportunity provides the ability to transform an existing residential property into a modern new-construction residence designed around today's buyer preferences. Rather than inheriting the limitations of an older structure, investors have the ability to create value through thoughtful design, efficient construction planning, and a product positioned for the current market.

Development Opportunity

This site offers builders the flexibility to execute a new construction strategy while taking advantage of an established neighborhood with existing infrastructure, nearby employment centers, and access to Tampa's major commercial, dining, and entertainment destinations.

The opportunity is best suited for experienced builders, developers, and investors seeking infill projects where value can be created through redevelopment and highest-and-best-use execution.

Investor Advantages

• Opportunity to replace an aging structure with a modern, marketable product
• Established Tampa location with ongoing residential investment
• Ability to control design, finishes, and final product positioning
• Potential to create value through new construction rather than traditional renovation
• Ideal for builders seeking additional infill inventory in a competitive market

Why This Opportunity Matters

Well-located infill development opportunities remain limited in established Tampa neighborhoods. As demand continues for updated housing options, developers who can identify and execute these opportunities have the ability to create additional value through strategic redevelopment. We have budgeted for a 2950 square foot new build as is common in the neighborhood.

The investment thesis is straightforward: secure a well-positioned site, maximize the property's highest and best use, and deliver a new-construction product that aligns with today's buyer demand.

Builders and investors are encouraged to complete their own due diligence regarding zoning, permitting, construction costs, and projected resale values.

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We recommend flip
Rental Income
$2,500 mo. / $30,000 yr.
Estimated Taxes
$4,300 / yr.
Maintenance
$200 / yr.
HOA Dues
$0 / yr.
$20,200
Projected Income
6.95%
Estimated APY
$146,250
Projected Income
20.07%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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