3905 15Th AveTampa, FL 33605

This exceptional 0.92-acre land parcel, located at 3905 E 15th Ave, Tampa, FL 33605, presents a compelling redevelopment opportunity within the East Tampa Opportunity Zone. The property consists of four lots (sold together only) totaling approximately 0.92 acres, with dimensions of 270' x 156' x 270' x 145', and boasts 270 feet of frontage on E 15th Ave. Zoned RM 24 for Residential Multi-Family use, this site is ideally suited for a variety of projects. Preliminary assessments suggest the potential for a 94-unit Assisted Living Care Facility (ACLF) or a 22-unit multifamily development, plus an additional 9 storage units. The property's location within the Opportunity Zone offers significant tax advantages for investors. Utilities are readily available, including water, sewer, and trash services provided by the City of Tampa, and electricity from TECO. The property is situated in an X flood zone. Folio numbers are 175381-, 175382-, 178383-0000. The 2023 real estate taxes totaled $7,724.00 for all parcels. The asking price for this prime development site is $1,250,000. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area with significant upside potential.