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Presenting a unique opportunity to acquire approximately 0. 79 acres of vacant land just 1. 4 miles from the main entrance of MacDill Air Force Base. Opportunities of this size and proximity are increasingly rare, making this an exceptional offering for builders, developers, and long-term investors. Located minutes from MacDill AFB, this property benefits from the strong economic stability and consistent housing demand driven by the base and surrounding amenities. The site offers convenient access to major roadways, shopping, dining, and established residential neighborhoods. This expansive parcel offers the potential for a builder to subdivide into up to three single-family home sites, each approximately 56’ x 150’ (8, 400 square feet). These lots would be approximately 70% larger than the typical single-family lots in the area, providing a significant competitive advantage for future construction and resale appeal. Recent newer home sales in the immediate area demonstrate the strength of the local market. The average newer home sale size was 2, 500sqft (ranging from 2, 000 to 3, 200sqft) and had an average sales price of $737K (ranging from $625-869K). These comparable sales highlight the demand for newer, well-designed homes near MacDill AFB and support the potential upside of this development opportunity. Vacant land near MacDill AFB remains in high demand due to consistent population flow from military personnel, contractors, and support industries and is becoming increasingly difficult to find. Combined with the lot’s size, subdivision potential, and proximity to the base, this property represents a compelling investment in a supply-constrained market. Whether your strategy is development, resale, or long-term hold, this property offers scale, flexibility, and location—three elements that drive lasting value. Don’t miss out on the opportunity to secure a premier piece of land in South Tampa.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $371,200 | $371,200 | $371,200 |
| 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 | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,137 | $2,377 | $3,082 |
| Total Monthly Payment | $2,212 | $2,452 | $3,157 |
* 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.