**Attention Developers and Investors! Prime Development Opportunity at 3405 W. Kenyon Ave. , Tampa, FL**
This is a rare find! Located on a **. 73-acre corner lot**, this property is situated in a rapidly growing area with **newly developed townhomes just down the street and apartment complexes across the way. ** With three lots included in the sale, there’s plenty of potential for the savvy investor.
The current **RSC-6 zoning** allows for **up to 6 units per acre**, but what makes this opportunity truly exceptional is the **future land use designation of R20**, allowing for **up to 20 units per acre**—perfect for townhome or office development. Utilities are already conveniently available along Kenyon Ave, streamlining your development plans.
**Location Highlights: **
- Just blocks from **Busch Boulevard** and **Dale Mabry Highway**, providing easy access to major routes
- One block from the **Buschwood office complex**, a growing commercial hub
- A thriving residential and commercial area, surrounded by new developments
This property offers **unmatched flexibility** for developers looking to capitalize on the expanding Tampa market. Whether you're planning a townhome complex or an office project, this is your chance to bring your vision to life in a prime location.
**Note: ** Buyers are advised to consult with their engineer and land use attorney to verify all zoning, lot size, and future land use considerations before proceeding.
This is your opportunity to secure a prime piece of land in one of Tampa's most promising areas—don’t miss out!
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,866 | $4,929 | $6,673 |
Total Monthly Payment | $4,958 | $5,021 | $6,765 |
* 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.