1305 S 22ND ST, TAMPA FL 33605

Welcome to Palmetto Beach Pointe A 78-Unit Mixed-Use Development Opportunity in Vibrant Tampa with the potential for Multi-Million dollar returns. Discover an unparalleled investment opportunity to purchase 1.04 Acres of Land in the heart of Tampa, Florida, with a Fully Entitled & Shovel Ready development project ready for execution. Situated in one of Florida's most dynamic & rapidly growing cities, this prime parcel of land offers the perfect canvas for a developer to make great returns on an already designed & approved high density urban development. The site, spanning from South 22nd St to Maple & Oakwood Ave is located at the nexus of downtown Tampa offering excellent visibility & accessibility. This highly sought-after location is 1 mile from Tampa's central business district, cultural attractions, & major transportation arteries, making it an ideal destination for residents, businesses, & visitors alike. The centerpiece of this development opportunity is a thoughtfully designed residential component consisting of 78 units. These units will cater to the diverse housing needs of Tampa’s ever-growing community with 50K units still lacking in the main city, this development offers a mix of studio, one-bedroom & two bedroom units. These contemporary living spaces will be designed to maximize comfort, convenience, & modern living standards. Residents will enjoy an array of high-end amenities, including:
• A mezzanine floor terrace with views of McKay Bay waterfront
• A fitness center equipped with state-of-the-art equipment
• A lushly landscaped courtyard and communal green spaces, including dog park
• Secure, covered parking with ample spaces for residents
• An inviting lobby and communal areas for social gatherings.
This development opportunity includes prime commercial space. With the increasing demand for retail & dining options in the area, this space offers the perfect canvas for establishing flagship stores, boutique shops, cafes, & restaurants.
The dynamic street presence ensures high foot traffic & visibility for businesses, creating an attractive proposition for commercial tenants. Tampa is experiencing rapid population growth, a thriving economy, & a burgeoning tech sector. As a result, this mixed-use development project is positioned to capitalize on these trends. 1 Mile away for University of Tampa (30,000) students & downtown proper. The property offers an opportunity to become a landmark destination within the city, attracting residents seeking modern, urban living & entrepreneurs looking to establish or expand their businesses.
• Prime location in one of Tampa's most desirable neighborhoods • Diverse & growing residential market • Strong demand for commercial space in the area • Potential for lucrative rental income & capital appreciation.
Don't miss the chance to be part of the huge returns (upwards of 20M in profits) in a state where the population is only growing by the day. This 78-unit mixed-use development opportunity represents a sound investment in a thriving city with a bright future. Contact us to explore this prime property and turnkey investment. This property is being sold as a package of 4 parcels: 1305 S 22nd St, 2017 & 2015 Maple Ave & 2020 Oakwood Ave for a total of just over 1 Acre!
Have a chance to invest in a project whose:
Construction Cost: 25.8M
Actual After Development Value: 38.5M @ 4.5 Cap-
5 Year Trended Value: 42.2M @ 4.5 Cap
Profit: 13M in 2 years or 17M in 5 years