|
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.
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:
$6,500,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $5,200,000 | $5,200,000 | $5,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | $243 | $243 | $243 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $29,934 | $31,177 | $43,181 |
| Total Monthly Payment | $30,302 | $31,545 | $43,549 |
* 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.