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Blossom Avenue

Egypt Lake-Leto FL 33614

43560 sq. ft.
Land
Currently for sale - view listing

Overview

Rare Tampa infill land development opportunity in the Pinecrest West Park area. The Blossom Avenue Project consists of a 24-lot residential assemblage totaling approximately 3.38± acres / 147,233± SF, with all lots controlled by the same ownership group. Current conceptual materials contemplate a 24-lot single-family residential development, creating an opportunity for a developer, builder, investor group, or build-to-rent operator to pursue a residential project in an established Tampa submarket with limited newer housing supply. The location offers access to key Tampa demand drivers, including Tampa International Airport, the Westshore Business District, Downtown Tampa, Raymond James Stadium, Steinbrenner Field, and nearby education/employment corridors. The site offers flexibility for multiple residential strategies, including single-family for-sale homes, build-to-rent homes, rental portfolio, townhome concept, workforce housing, senior housing, affordable housing, or other residential uses, subject to applicable approvals. Existing ownership control provides a meaningful head start compared to a traditional assemblage involving multiple unrelated property owners. Additional neighboring parcels may also create future assemblage and development upside. Preliminary due diligence and conceptual materials are available to qualified buyers. Seller may consider an outright sale, joint venture, land contribution, phased acquisition, builder partnership, or other creative structure with a qualified buyer, builder, developer, or investor group.

Features

43560 sq. ft. lot size
Land

Property history for Blossom Avenue

2022
Sold
$250,000
09 Feb 2022 by Frank Leto, of Great American Realty

Happy sellers in Egypt Lake-Leto

98%
98% of sellers in Egypt Lake-Leto reported that their sale price either exceeded or met their price expectations.

Egypt Lake-Leto stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Egypt Lake-Leto over the last 12 months.

Local market activity for land plots in Egypt Lake-Leto

In the last 12 months, 3 land plots similar to Blossom Avenue, have been sold.

This represents a 67% increase in land plots sales when compared to the previous 12 months.

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