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203 N Tampania AVENUE, Tampa, FL, 33609 | $649,900
Discover an exceptional development opportunity at 203 N Tampania Ave, situated in one of Tampa’s most sought-after neighborhoods. This nearly 9, 000 sq ft lot is fully approved for three units and comes shovel-ready with an approved DE1 and permits pulled—a true rarity in today’s competitive market. The current owner has invested over $50, 000 in due diligence, providing invaluable assets such as site plans, geotechnical surveys, structural drawings, and a complete plan set, all available upon request.
The location is surrounded by luxury new construction townhomes selling between $850K to $1M, offering significant upside potential for developers and investors. The property’s prime location offers incredible walkability, just minutes from Midtown Tampa, the vibrant SoHo nightlife, Julian B. Lane Park, and the exciting new Riverwalk expansion, which will come within a few blocks of this property. Families will appreciate the zoning for the highly regarded Plant High School, adding even more value to this investment.
This property is not only ready for immediate development but also comes with an existing short-term rental operation, allowing for potential income while development plans are finalized. Detailed rental performance data is available upon request. With construction loans available and a trusted network of architects, engineers, and contractors in place, this project offers a turnkey development experience with the potential for substantial profits.
The convenience of this location cannot be overstated, with easy access to major roadways like I-275 and the Crosstown Expressway, ensuring quick commutes and access to Tampa’s best dining, shopping, and entertainment. With the combination of shovel-ready status, prime location, and strong market demand, this opportunity is ideal for those looking to capitalize on Tampa’s booming real estate market.
For more information, including surveys, detailed plans, and access to existing rental data, please contact us today. Don’t miss this chance to secure a profitable development project in the thriving South Tampa market!
Features
- Lot Size: 53 x 165
- Lot Desc: Buildable
- View: City
- Elem. School: Mitchell-HB
- Middle School: Wilson-HB
- High School: Plant-HB
- MLS#: TB8351690
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/TB8351690/203ntampaniaavenue_tampa_fl?source=qrflyer
Listing courtesy of KELLER WILLIAMS SOUTH TAMPA Phone: 813-875-3700
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
203 N Tampania AVENUE, Tampa, FL, 33609
$649,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $519,920 | $519,920 | $519,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,993 | $3,329 | $4,317 |
| Total Monthly Payment | $3,085 | $3,421 | $4,409 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388