This exceptional 9-acre parcel in Hillsborough County, Florida, presents a prime multifamily development opportunity. Located at 8711 Causeway Blvd, Tampa, FL 33619, this site boasts PD zoning and approvals for a 238-unit project, streamlining the development process. The property's strategic location offers easy access to major transportation arteries including I-4, I-275, US 301, US 41, Crosstown Expressway, and SR 60, ensuring convenient commutes for residents. Proximity to significant employers such as Coca-Cola, Progressive Insurance, USAA, and LifeLink, further enhances the property's appeal. The surrounding area exhibits strong demographics, with a projected 2023 population of 166,951 within a 5-mile radius and an average household income of $83,186, indicating robust demand for multifamily housing. The site plan includes a 4-story building with surface parking. Utilities are readily available on-site. Existing approvals from the Environmental Protection Commission, Southwest Florida Water Management District, and the Florida Department of Transportation are in place, allowing developers to proceed directly to site plan approval and construction. The adjacent Santos Flats apartments, recently sold at $405,000 per door, serve as a compelling comparable. This infill location, considered the "Gateway to Tampa," offers an unparalleled investment opportunity.
Highlights
Prime infill location at the Gateway to Tampa.
9-acre parcel (7.5 upland acres) entitled for a 238-unit multifamily development.
Ready for immediate site plan approval and construction; approvals secured from EPC, SWFWMD, and FDOT.
Surrounded by major employers including Coca-Cola's new HQ, USAA, Progressive Insurance, Life Link, and the Hillsborough County Sheriff's Office.
6-minute drive to Downtown Tampa and Channelside; excellent access to I-4, I-75, I-275, Crosstown Expressway, and US 301.
Four-story building design with surface parking; utilities on-site.
The property is located at 8711 Causeway Blvd Tampa, FL.
What are key features of this property?
This property features: Prime infill location at the Gateway to Tampa.; 9-acre parcel (7.5 upland acres) entitled for a 238-unit multifamily development.; Ready for immediate site plan approval and construction; approvals secured from EPC, SWFWMD, and FDOT.
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Contacts
Wesley Wolk
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Causeway Blvd Tampa, FL 33619
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Causeway Blvd Tampa, FL 33619
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8711 Causeway Blvd
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