Tampa - Beach Property For Sale #5336284

Under contract-accepting backup offers. Pleased to present the opportunity to acquire a 1.78-acre land parcel in the growing neighborhood of Egypt Lake.
Exceptional residential, multi-family development parcel located immediately north of the W. Hillsborough Avenue/ N. Himes Avenue intersection. Sellers have drawn up plans for entitlements for 2-story condo homes with blueprints in place for up to 28 residential new builds. The site's planned development (PD) zoning provides ample opportunity to develop a small to medium size multi-family project that is close to nearby job centers (like Advent Health-Carrollwood, Raymond James Stadium and St. Joseph Hospital) as well as various retail amenities and neighborhood conveniences. This property is in the immediate area of many national and regional retailers as well as several neighborhood schools and daycare centers. Al Lopez Park, Publix Super Market, Walmart Neighborhood Market, Walgreens, CVS Pharmacy, Bank of America, Regions Bank, Horizon Park Shopping Center, Powerhouse Gym, Auto Zone, Advanced Auto Parts and Public Storage are all within a five-to-seven-minute drive of this site. With rapidly improving demographics, this area is projected to continue to experience increases in population and households' incomes over the next five years. Residing within a 3-mile radius of this site are approximately 5,935 people with an average age of 34.8 and a HH income that exceeds $48,000. Call today for additional site details.

PROPERTY INFORMATION
1.78-acre parcel
GREAT LOCATION- Directly on busy N. Himes Avenue
Average Daily Traffic count of 2,700+ vehicles per day
This land offers a huge growth opportunity for the Egypt Lake Community
A great location for new construction of single-family residence or multi-family condo development
Within a 3-mile radius of this site, approximately 5,935 people with an average age of 34.8 and the HH income is over $48,000.

INVESTMENT HIGHLIGHTS
Development/ New Construction Opportunity
Excellent, 1.78-acre site offering opportunities for new construction
Highest and best use: new residential or multi-family development
242' frontage directly on Himes Avenue
Located immediately east of N. Dale Mabry Hwy and north of the signalized intersection of W. Hillsborough Avenue and N. Himes Avenue.
Minutes from AdventHealth- Carrollwood, Al Lopez Park, Raymond James Stadium, St. Joseph's Hospital, Publix Super Market, CVS Pharmacy, Bank of America, Public Storage, Dale Mabry Hwy, W. Hillsborough Avenue, Waters Avenue, Sligh Avenue, Town N Country, Carrollwood and Lowry Park
The area is exploding with new commercial and residential growth and is surrounded by countless new developments.
Convenient to highways and major thoroughfares
15 minutes (approx.) to Tampa International Airport
11 minutes to the Interstate 275 South
3.3 miles east of the Veterans Expressway
Additional Information:
? The property was (and currently, still is) approved for 31-units spread across 6 individual buildings.
? Regarding the conceptual plans for *The Reserve at Himes*- a 29-unit, 2-story condo community, these plan designs have not been approved by the city nor are there any submittal records. Per the owner: conceptual designs of the 29-unit community will have to be modified