Residential Development Land Opportunity – 7201 E 21st Ave, Tampa FL 33619

About This Lot
This is an exceptional residential development opportunity located in Tampa’s thriving East Lake-Orient Park neighborhood — one of the region’s fastest-growing investment corridors.

This offering includes two contiguous parcels within a gated, master-planned community, totaling 44 future residences across 22 thoughtfully designed duplex buildings. Each unit will feature:

• 3 Bedrooms
• 2 Bathrooms
• 1,119 Sq. Ft. of modern, efficient living space

The design aligns perfectly with the growing demand for attainable, high-quality rental housing in the Tampa Bay market.

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Community Features

Residents will enjoy on-site amenities tailored for lifestyle and connection:

• Family-friendly playground
• Walking trail surrounding a scenic lagoon
• Secure gated access
• Green space for recreation and leisure

This combination of thoughtful planning and lifestyle appeal ensures long-term tenant retention and steady rental performance.

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Project Overview

This property represents Phase II of a two-phase residential development.

• Phase I: 6925 E 21st Ave (TB8429881) – 20 units completed, Certificate of Occupancy received September 23, 2026, offered vacant for $5,300,000.
• Phase II: 7201 E 21st Ave – 24 additional residences planned. The site plan has been submitted and the review comments are being addressed.

Together, both phases will complete a 44-unit master-planned community designed for build-to-rent investors, developers, and portfolio buyers.

Phase I and Phase II are purchased together: $5,300,000 + $700,000 = $6,000,000. The seller and builder estimate about $4.5 million to build the 24 Phase II units, under a separate construction agreement.

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Investment Summary

• Site Plan: Submitted for 24 duplex residences; review comments being addressed (final unit count subject to approvals)
• Lot Size: 1.87 Acres
• Location: Gated, high-demand area of East Lake-Orient Park
• Market Strength: Tampa’s sustained rental growth and limited new inventory
• Development Head Start: Site plan already submitted, next to a completed Phase I

With the site plan already in review, a buyer starts well ahead of a raw-land purchase — a valuable advantage in Tampa’s competitive investment market.

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Why This Property Stands Out

✅ Proven Phase I Momentum – The adjacent 20 Phase I units are completed and have their Certificate of Occupancy.
✅ Strong Tampa Fundamentals – A top metro for population and employment growth.
✅ Multi-Family Build-to-Rent Model – Aligns with modern rental market trends.
✅ High ROI Potential – Excellent scalability and exit strategy flexibility.

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📞 Schedule a Consultation

Secure your stake in this exclusive, income-generating residential community.
📅 Contact us today to learn more about pricing, development timelines, and partnership opportunities.