0.83 PRIME OPPORTUNITY FOR ALF/MF DEVELOPMENT IN HIGHLY ANTICIPATED ROBLES PARK REVITALIZATION ZONE!
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Listing was updated on: 02/21/2021
Property Overview
| Price/Rent PSF | $ 2,900,000.00 |
| Asset Type | Multifamily |
| Trade Type | Sale |
| SQ. FT. Available | 6,278 |
| Date Available | 02/17/2021 |
| Additional URL | Link |
| Additional parameters | Show |
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Description
Location
0.83 AC OPPORTUNITY AREA! PRIME LOCATION IN HEART OF TAMPA -1 minute drive to 7th Avenue Ybor and a 5-minute drive to Downtown Tampa and Armature Works, Riverwalk, and Water St. developments. the Crosstown Expressway.
Directly facing ROBLES PARK with downtown skyline views- HIGHLY ANTICIPATED AREA FOR REVITALIZATION AND GROWTH
Sale
CALLING ALL INVESTORS!! A RARE OPPORTUNITY IN HEART OF TAMPA's Robles Park Opportunity Zone. R-20 FLU with .5 FAR - FLU approved for 150 bed ALF, with Entitlements for 87 beds currently
0.83 AC Prime development opportunity in Tampa's 26 Acre Robles Park Gentrification project- Tampa heights area a short walk to 7th Avenue in Ybor, and a 5-minute drive to Armature Works, River Walk and all that downtown Tampa has to offer. Easy access to I-275, I-4, and Crosstown Expressway.
Directly facing ROBLES PARK with no obstructions of the downtown TAMPA skyline.
Many, such as Ralph Schuler, former president of Tampa Heights Civic Association, are heralding the “REBIRTH OF THE AREA”
With true scarcity of similar development inventory and timing is ideal for a project of this magnitude. Market trends show buyers and renters alike migrating north from both Downtown and overpriced Hydepark counties as well as homeowners!
HIGH DEMAND FOR ALF FACILITIES:
60-plus population expected to grow dramatically in the coming decade- the “Silver Tsunami” trend is having city official call for action. In Hillsborough, more than 100,000 more people aged 60 and older will call the county home by 2030.
Location