Property Description

Under contract-accepting backup offers. ***THE PROPERTY IS OCCUPIED BY A TENANT DO NOT WALK ON THE PROPERTY WITHOUT SCHEDULING AN APPOINTMENT!!*****RM-24 ZONING ALLOWS TWO UNITS AS-OF-RIGHT—BUILD TWO TOWNHOMES OR ONE DUPLEX WITH NO REZONING REQUIRED.** This rare 50' x 95' lot (4,750 SF) in North Hyde Park offers IMMEDIATE CONSTRUCTION RIGHTS for TWO RESIDENTIAL UNITS without any rezoning or bonus payments required. Located in the Plant High School district with immediate proximity to the Riverwalk and benefiting from the ongoing Tampa Riverwalk expansion in one of Tampa's most desirable growth corridors, the RM-24 zoning permits construction of a duplex, two townhome units, or multifamily development with a maximum building height of 60 feet (approximately 5 stories). Property is located in the West Tampa Overlay District with the following setbacks: front yard setback of approximately 20 feet (to be confirmed by block average study), side yard setbacks of 5 feet each, and rear yard setback of 15 feet. The site benefits from a fully paved and useable alley requiring no improvements, providing excellent access for construction and future residents. While the property is priced at land value, there is currently a 1,000 square foot home on site rented for $1,300 per month, and the tenant is willing to remain as long as needed to provide income while you permit your new construction plans. A 2025 boundary, tree, and topographical survey is available to share, and there are no tree mitigation issues on site. DRIVE BY ONLY—do not walk on site or disturb tenant. This is one of the best development deals available in North Hyde Park for investors, developers, and builders seeking fully entitled, income-producing land ready for immediate permitting.

Property Details