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Exceptional residential development opportunity in the heart of one of Tampa’s fastest-growing corridors! This offering consists of two contiguous parcels within a gated, master-planned community totaling 44 future residences—22 thoughtfully designed two-story duplexes. Each unit will feature 3 bedrooms, 2 bathrooms, and 1, 119 sq. ft. of efficient and modern living space, perfectly aligned with the strong demand for quality, attainable housing in the Tampa Bay market.
The community has been carefully planned to balance lifestyle, comfort, and convenience. Future residents will enjoy desirable on-site amenities including a family-friendly playground and a scenic walking path encircling the lagoon—ideal for recreation, relaxation, and connecting with neighbors in a secure setting.
This property is being offered as part of a larger, 44-unit residential development. Phase I, consisting of 20 units at 6925 E 21st. Ave. Tampa. FL 33619 (TB8429881) is currently under construction and scheduled for completion by the end of November. Phase II, which this land represents, includes the remaining 24 units on the plat and is projected to break ground at the beginning of 2026.
With site plan approval already in place and a clear vision for cohesive growth, this opportunity eliminates much of the upfront work and positions a buyer to move quickly into development. The area’s rapid expansion, combined with Tampa’s continued population and employment growth, ensures strong absorption rates and future value.
Both parcels are being offered together, making this a rare turnkey development opportunity in a thriving location. Whether you are a builder seeking your next multi-unit project or an investor looking for a strategic acquisition with proven momentum, this property delivers exceptional potential in today’s competitive market.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 5.585% | 5.806% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,720 | $7,003 | $9,885 |
| Total Monthly Payment | $6,845 | $7,128 | $10,010 |
* 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.