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206 W Columbus Dr
Tampa, FL 33602 Tampa Heights

$1,300,000 USD

Land For Sale  •  0.21 AC

Property Details

  • Property Type Land
  • Lot Size 0.21 AC
  • Zoning PD
40 Transit Score
70 Walk Score

Description

FULLY PERMITTED 4-UNIT TOWNHOME DEVELOPMENT | TAMPA HEIGHTS

Approved plans call for four luxury three-story townhomes, each featuring 4 bedrooms and 3.5 bathrooms.

UNIT A
First Floor: 344 SF
Second Floor: 832 SF
Third Floor: 842 SF
Total: 2,018 SF

UNITS B & C
First Floor: 300 SF
Second Floor: 803 SF
Third Floor: 822 SF
Total: 1,925 SF each

UNIT D
First Floor: 285 SF
Second Floor: 800 SF
Third Floor: 821 SF
Total: 1,906 SF

BUILD-TO-SELL POTENTIAL
Recent nearby townhome sales indicate pricing of approximately $432/SF, with current nearby asking prices averaging approximately $477/SF. Comparable reference: 210 W Amelia Ave, Unit A, Tampa, FL 33602.

BUILD-TO-RENT POTENTIAL
Projected conservative monthly rents:

Unit A: $4,600–$4,800/month
Unit B: $4,500–$4,600/month
Unit C: $4,500–$4,600/month
Unit D: $4,500–$4,600/month

Nearby rental comparison at 210 W Columbus Dr reflects average rents of approximately $5,378/month for 4-bedroom, 4-bath residences of approximately 2,250 SF.

With permits fully approved and plans included with the sale, the property provides a rare opportunity for a developer to move directly toward construction while pursuing either a build-to-sell or long-term rental strategy.

Buyer to independently verify all projected rents, sales pricing, construction costs, square footage, zoning, permitted uses and financial assumptions.

Highlights

Near Armature Works, Riverwalk and Downtown
Centrally Located in Tampa
Shovel Ready and Opportunity Zoned

Public Transportation

AirportDriveWalkDistance
Tampa International 13 min - 6.0 mi
St Pete-Clearwater International 32 min - 17.7 mi
frank albert 813-546-2503 Frank Albert Realty LLC
frank albert 813-546-2503 Frank Albert Realty LLC