Available Land Opportunities

The opportunities below represent the best values in South Tampa for single family residential lots and tear-downs, small multi-family parcels and light commercial. Every week we sift through hundreds of new listings, review foreclosure filings, and speak with owners who are interested in selling.

We are known to feature properties on this page long before they reach the MLS or become public knowledge, and often include for sale by owner listings as well. If you were to build with us on any of the available parcels below you can expect to be in for roughly 60% of market value.

Hyde Park / Soho Townhome Parcel

The subject lot is just off of Howard Ave. and should be obtainable for around $400,000. The zoning permits 4 townhomes on this parcel at roughly 2,100 sq. ft. each. Total sq. ft. under A/C will be 8,400 and our construction costs to build out should be $840,000 (roughly $100 / sq. ft.). Total costs for the land and improvements will be approximately $1,240,000.

Current market values put townhomes in this area at $250 / sq. ft., or $525,000 a townhome. For 4 townhomes you have a combined market value of $2,100,000. Approximate loan-to-value based on current market conditions is 59%. These townhomes will also rent for around $2,500 / month each.

Click HERE to Request more information on this project.

Beach Park Single Family Residential Lot (interior)

This lot is a for sale by owner in the heart of Beach Park. The lot is 200 x 120 and a corner lot with large oak trees surrounding it. The owner is asking $500,000; however, the lot is large enough to be sub-divided. You could most likely acquire this lot in the mid 400s, and after subdividing expenses and acquisition costs still be in for under $250,000 a lot (subdividing will yield 2 buildable lots).

We can build two custom 5,000 sq. ft. homes on both of these lots at roughly $100 / sq. ft. (quality finishes and comparable to other recently completed interior homes in Beach Park). Your total expenses for the land and improvements for both homes will be roughly $1,500,000, or $750,000 a home. Recent comparable sales put the value at $300 / sq. ft. or $1,500,000 a home. Approximate loan-to-value based on current market conditions is 50%. This home would also rent for $5,000 / month.

Click HERE to Request more information on this project.

Beach Park Single Family Residential Lot (waterfront)

Directly on the bay with magnificent views. This lot is .19 acres with dimensions of 83 x 99 and is zoned RS-75. You should be able to get this lot in the low to mid 900s, and even with acquisition costs and tear down expenses you will be in for under $1,000,000, maybe less depending on how much the seller will come down.

We can build a custom 5,000 sq. ft. luxury home on this lot at roughly $125 / sq. ft. (very high end finishes and what you would expect on a luxury waterfront home). Your total expenses for the land and improvements will be roughly $1,625,000. Recent comparables put the value are $3,000,000, and there is very little active inventory available. Approximate loan-to-value based on current market conditions is 54%.

Click HERE to Request more information on this project.


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