6.86-ACRE DEVELOPMENT SITE LOCATED IN HIGH BARRIERS-TO-ENTRY
South Tampa

SOUTH TAMPA SUBMARKET

Residential approvals
in-place

Property Description

Berkadia is pleased to present the opportunity to acquire a +/-6.86-acre development site (+/-6.32 acres developable) located in the coveted South Tampa submarket (the “Property” or the “Site”).  As one of the largest contiguous pieces of land remaining in South Tampa, the Site offers developers a rare opportunity to deliver a project with scale in an in-fill area with high barriers-to-entry.
The Site has received a Live Local site plan approval  for a 342-unit apartment community and a separate special use approval from the City of Tampa for a 127-unit for sale town home project; however, a developer may have the opportunity to seek approvals to increase density or develop a different use altogether. The Property’s location and visibility makes it an ideal site on which to develop multifamily, for-sale townhomes, or a commercial project.
Situated north of the intersection of Gandy Boulevard and Manhattan Avenue, the Property is in a highly visible location between desirable, densely populated residential neighborhoods and the Gandy retail corridor which includes many restaurants and convenient neighborhood shopping options such as a brand-new Publix Grocery Store and a newly remodeled Super Target.  The ultra-convenient location is minutes away from downtown Tampa, the Westshore Office Market, and the Gateway Office market, while the immediate area is home to major new developments including the exciting Westshore Marina District and the exclusive Isles of Tampa Bay.
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Property Overview

  • Size±6.86 Gross Acreage
  • UtilitiesStubbed to Site
  • Live Local Site Plan Approved342-Unit Multifamily Community
  • StormwaterOff-site Detention Provided
  • Site ConditionGraded and Brought to Elevation

Location

Office & Contact Info 

TAMPA OFFICE
4890 West Kennedy Boulevard
Suite 940
Tampa, FL 33609
P. 813.675.0114

Investment Advisory

Matt Mitchell
Senior Managing Director
813.217.3419
[email protected]

Chris Burtner
Director
813.294.5109
[email protected]

Jason Stanton
Senior Managing Director
727.674.4097
[email protected]

Alex Hames
Financial Analyst
813.294.5109
[email protected]

Financing Contacts

Alec Fox
Director
321.319.1412
[email protected]

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