6925 E 21ST AVE Tampa, FL 33619
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 22,380 sqft
Price per Sqft $290
Subdivision Unplatted
MLS Listing ID TB8429881
Construction Status Under Construction
HOA Y/N No
Year Built 2025
Annual Tax Amount $2,918
Lot Size 1.870 Acres
Acres 1.87
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
The first phase of this development includes 20 newly constructed residences featuring 10 thoughtfully designed two-story duplexes, each offering 3 spacious bedrooms, 2 full bathrooms, and 1,119 sq. ft. of efficient, modern living space. Every unit is carefully planned to maximize rental appeal, with open-concept layouts, contemporary finishes, and durable materials that minimize maintenance while enhancing long-term value.
What sets this project apart is its built-for-rent focus. From the ground up, these homes have been designed to deliver consistent, reliable income for investors. The location is in a high-demand rental market experiencing strong population growth, a robust local economy, and limited new inventory — all factors driving rent growth and occupancy rates. The community has been strategically planned to accept Section 8 tenants, opening the door to a broader tenant pool and providing the potential for guaranteed government-backed rental income.
Residents will enjoy a welcoming, lifestyle-oriented environment with on-site amenities including a playground, green spaces, and a walking path around a scenic lagoon, creating a sense of community and long-term tenant retention.
But the opportunity doesn't stop there. An additional 24 residences are already planned for development on the adjoining lot 7201 E 21st Ave. Tampa,FL 33619 (TB8429884). Once finished, the entire project will offer a total of 44 residences, giving investors or developers the rare chance to own an entire master-planned, income-producing community.
Both lots will be sold together, offering exceptional scalability and value in one of Tampa's fastest-emerging growth corridors. Whether you're a seasoned investor building a rental portfolio, a developer seeking long-term passive income, or a fund looking for a turnkey build-to-rent opportunity, this property is a strategic addition to any portfolio — combining immediate cash flow potential with long-term appreciation in a booming market.
Location
State FL
County Hillsborough
Community Unplatted
Area 33619 - Tampa / Palm River / Progress Village
Zoning PD
Interior
Heating Central
Cooling Central Air
Exterior
Utilities Available Electricity Available, Phone Available, Public
Roof Type Shingle
Building
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction true
Construction Status Under Construction
Others
Ownership Partnership
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8429881
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