$1,050,000
$1,750,000
40.0%For more information regarding the value of a property, please contact us for a free consultation.
1.01 Acres Lot
SOLD DATE : 02/13/2024
Key Details
Sold Price $1,050,000
Property Type Vacant Land
Sub Type Unimproved
Listing Status Sold
Purchase Type For Sale
Subdivision Mac Farlane Park
MLS Listing ID T3474894
Sold Date 02/13/24
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $1,358
Lot Size 1.010 Acres
Acres 1.01
Lot Dimensions 350x135
Property Description
Price Improvement! Development opportunity in an Opportunity Zone in the Center of Tampa steps from the Mid-Town Project and located in the boundary of MacFarlane Park. This site is perfect for luxury home or townhome builders or Apartments that will qualify for the Tax Benefits of being in an Opportunity Zone. Property is flat and ready for development. This listing is a total of 1.01 Acres and there is an additional home on the site that can add another .26 Acres if assembled. Future Land Use of R-10 allows for good density and many uses based upon the location. Please use your own calculations regarding the number of units but based on Frontage and some credits for Eminent Domain years ago we are calculating a minimum unit count of 10 units with up to 12 Units if the Home is added. Owners are aware that Unit Count will determine final sales price. Call Agent directly for more information regarding this property.
Location
State FL
County Hillsborough
Community Mac Farlane Park
Zoning RS-50
Exterior
Fence Barbed Wire, Wood
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Fire Hydrant, Natural Gas Available, Phone Available, Public, Sewer Available, Street Lights, Underground Utilities, Utility Pole, Water Available
Waterfront false
View City, Park/Greenbelt, Trees/Woods
Building
Lot Description Buildable, Central Business District, Cleared, Corner Lot, Curb and Gutters, Historic District, City Limits, Special Taxing District, Street Lights, Paved
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water None
Construction Status No Contingency
Schools
Elementary Schools West Tampa-Hb
Middle Schools Madison-Hb
High Schools Jefferson
Others
Ownership Fee Simple
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Special Listing Condition None
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Bought with CHARLES RUTENBERG REALTY INC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "