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5931 Rome Avenue - Rio Manor Multifamily

3 Acres of Residential Land Offered at $7,200,000 in Tampa, FL 33604

Residential Land & Home Lots Florida Tampa 5931 Rome Avenue, Tampa, FL 33604

Investment Highlights

  • 247 FT Frontage on N.Rome Ave
  • OWNER FINANCE POSSIBLE
  • ZONED RM-35 ,TOWNHOMES or MULYIFAMILY ;ALL UTILITIES AVAILABLE

Executive Summary

Price INCLUDES:
2.5 Acres Zoned RM-35; 90 Unit potential CITY PROPOSED CHANGE TO RM- 50 or 110 units
.6 Acres Zoned RS-50 ; up to 3 res units on 80 Ft of Hillsborough River frontage
Zoning Building Height to 120 Ft.
80 Ft Concrete Sea Wall
20 ONE BD Apt units with $18,000 monthly Income EXISTING
REQUEST 2026 PRO FORMA FOR 90 UNIT PROJECT TO BE BUILT

Attachments

rio 7.2 land bro 111824_20241118170909

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual $99,999
Annual Per AC $9.99
Vacancy Loss
Annual $99,999
Annual Per AC $9.99
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual $99,999
Annual Per AC $9.99
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $7,200,000 Property Type Land
Sale Type Investment or Owner User Property Subtype Residential
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
 Total Lot Size 3.00 AC
No. Lots 1
Price $7,200,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 3.00 AC

1 Lot Available

Lot l

Price $7,200,000 Lot Size 3.00 AC
Price Per AC $2,400,000
Price $7,200,000
Price Per AC $2,400,000
Lot Size 3.00 AC

SEE Attached Survey

Description

On North Rome Ave, RARE ZONED MULTIFAMILY,RM - 35, Ideal for Townhomes or multistory apartments. 80 'RIVER Front for superior warterfront activities

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zoning

Zoning Code RM-35 (RM- 35 allows 35 units per acre, APARTMENTS,CONDOS, TOWNHOMES. CITY of TAMPA identifies RM-50 potential,50 units per acre)
RM-35 (RM- 35 allows 35 units per acre, APARTMENTS,CONDOS, TOWNHOMES. CITY of TAMPA identifies RM-50 potential,50 units per acre)
(813) 918-4947

Contact

  • Listing ID: 33732544

  • Date on Market: 11/2/2024

  • Last Updated:

  • Address: 5931 Rome Avenue, Tampa, FL 33604

The Land Property at 5931 Rome Avenue, Tampa, FL 33604 is currently available for sale. Contact Home America Realty, Inc. for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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5931 Rome Avenue - Rio Manor Multifamily
(813) 918-4947 x

5931 Rome Avenue - Rio Manor Multifamily

Vincent Bekiempis

(813) 918-4947

(813) 918-4947

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