New Construction Multi-Family Investment Opportunity – 6925 E 21st Ave, Tampa FL 33619

Completed – Certificate of Occupancy Received September 23, 2026
This rare, large-scale multi-family investment opportunity sits in one of Tampa’s most rapidly expanding areas, East Lake-Orient Park. Designed specifically for today’s rental market, this exclusive gated community represents a turnkey acquisition for investors looking to grow or diversify their portfolios.

Phase One: 20 New Residences

The first phase includes 10 two-story duplexes—each home offering:

• 3 spacious bedrooms
• 2 full bathrooms
• 1,119 sq. ft. of thoughtfully designed living space

Every unit showcases an open-concept floor plan, modern finishes, and durable materials engineered for low maintenance and long-term value.

Built-for-Rent Model

From the ground up, this development is crafted to deliver reliable and consistent rental income. Its design maximizes tenant appeal and aligns with Tampa’s high-demand rental market, driven by:

• Rapid population growth
• A robust local economy
• Limited new rental inventory

Investment Advantages

• Section 8 acceptance for government-backed rental income potential
• Turnkey portfolio of 20 new duplex residences
• Offered vacant: no tenants and no leases in place, so the buyer sets the rents and starts the lease-up
• Future expansion: An adjoining lot (7201 E 21st Ave, TB8429884, $700,000) with 24 additional residences planned, bringing the total to 44 homes once completed. Both phases are purchased together.
• Scenic community layout with green spaces, a playground, and walking paths around a lagoon

Whether you’re a seasoned investor, developer, or fund manager, this purpose-built rental community offers scalability, security, and long-term appreciation potential in one of Florida’s fastest-emerging growth corridors.

Key Investment Details

• Property Type: Multi-Family / Duplex Community
• Construction Status: Completed
• Certificate of Occupancy: Received September 23, 2026
• Occupancy: Offered vacant, before lease-up
• Lot Size: 3.74 Acres
• Total Planned Units: 44 Residences
• Current Phase: 20 Newly Built Units
• Price: $5,300,000 for Phase I; with the Phase II land ($700,000), both phases are purchased together for $6,000,000
• Projected Cap Rate: 6.38% in year one, then 8.8%
• Neighborhood: East Lake-Orient Park, Tampa, FL
• No HOA / No CDD Fees

Why Invest in Tampa?

Tampa continues to rank among Florida’s most attractive cities for real estate investors, thanks to its strong economy, rental demand, and continuous infrastructure development. With limited rental supply and growing population trends, this build-to-rent project positions itself as a high-yield, low-vacancy investment opportunity.