$6,500,000
Active · 0 days on market · MLS# MFRTB8432437
| Bedrooms | 0 |
|---|---|
| Living area | 22,380 sq ft |
| Lot size | 3.74 acres |
| Year built | 2025 |
| Property type | Multi Family |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $2,918 |
| County | Hillsborough |
One or more photo(s) has been virtually staged. Under Construction. One or more photo(s) has been virtually staged. Under Construction. Under Construction – Completion by End of 2025! Presenting a rare and highly attractive investment opportunity in one of Tampa’s most dynamic and rapidly growing areas. This exclusive gated community is designed with today’s rental market in mind and offers a unique chance to acquire a large-scale, purpose-built portfolio in a single transaction. The first phase of this development includes 20 newly constructed residences featuring 10 thoughtfully designed two-story duplexes, each offering 3 spacious bedrooms, 2 full bathrooms, and 1,119 sq. ft. of efficient, modern living space. Every unit is carefully planned to maximize rental appeal, with open-concept layouts, contemporary finishes, and durable materials that minimize maintenance while enhancing long-term value. What sets this project apart is its built-for-rent focus. From the ground up, these homes have been designed to deliver consistent, reliable income for investors. The location is in a high-demand rental market experiencing strong population growth, a robust local economy, and limited new inventory — all factors driving rent growth and occupancy rates. The community has been strategically planned to accept Section 8 tenants, opening the door to a broader tenant pool and providing the potential for guaranteed government-backed rental income. Residents will enjoy a welcoming, lifestyle-oriented environment with on-site amenities including a playground, green spaces, and a walking path around a scenic lagoon, creating a sense of community and long-term tenant retention. But the opportunity doesn’t stop there. An additional 24 residences are already planned for development on the adjoining lot 7201 E 21st Ave. Tampa,FL 33619 (TB8429884). Once finished, the entire project will offer a total of 44 residences, giving investors or developers the rare chance to own an entire master-planned, income-producing community. Both lots will be sold together, offering exceptional scalability and value in one of Tampa’s fastest-emerging growth corridors. Whether you’re a seasoned investor building a rental portfolio, a developer seeking long-term passive income, or a fund looking for a turnkey build-to-rent opportunity, this property is a strategic addition to any portfolio — combining immediate cash flow potential with long-term appreciation in a booming market.
Listing courtesy of Jessica Scialletti, URBAN REAL ESTATE US. Presented by MC Homes Realty Inc · 727432218.