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622 W Dr. Martin Luther King Jr. Blvd 0.95 Acres of Commercial Land Offered at $2,272,875 CAD in Tampa, FL 33603
Investment Highlights
- SU-1 Approved for 14 Townhomes (Single-Family Attached)
- Infill Location Minutes to Downtown Tampa & Armature Works
- Near Shovel-Ready with Defined Path to Permitting
- Ideal for Builders Seeking Speed to Market
Executive Summary
This 41,622 SF infill development site is approved for 14 townhomes through Special Use-1 (SU-1), offering a rare opportunity to accelerate timelines and reduce entitlement risk in one of Tampa’s fastest-growing urban corridors.
With the SU-1 approval secured, a developer can move directly into building plan submission and permitting, significantly shortening the path to construction compared to typical development sites. The project has already been vetted by the City of Tampa and is approved with conditions, providing a clear and defined roadmap to vertical development.
Strategically located on a highly visible, signalized hard corner along Dr. Martin Luther King Jr. Boulevard, the property sits just minutes from Downtown Tampa and Armature Works, placing it in the center of ongoing redevelopment and population growth within Tampa Heights.
The site benefits from Commercial General (CG) and RS-50 zoning, with a future land use designation of CMU-35, allowing for flexibility while already being tailored for a residential townhome project. Surrounded by strong retail and medical anchors—including CVS Pharmacy and BayCare St. Joseph’s Hospital—the location supports long-term demand and absorption.
Data Room Click Here to Access
- Offering Memorandum
- Third Party Reports
Property Facts
| Price | $2,272,875 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.95 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | CG - Zoned Commercial General (CG) and RS-50with future land use permitting Mixed-Use development. SU-1 Approved for 14 Townhomes | ||
| Price | $2,272,875 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.95 AC |
| Opportunity Zone |
Yes |
| Zoning | CG - Zoned Commercial General (CG) and RS-50with future land use permitting Mixed-Use development. SU-1 Approved for 14 Townhomes |
1 Lot Available
Lot
| Price | $2,272,875 CAD | Lot Size | 0.95 AC |
| Price Per AC | $2,392,500.10 CAD |
| Price | $2,272,875 CAD |
| Price Per AC | $2,392,500.10 CAD |
| Lot Size | 0.95 AC |
41,622 SF corner lot at a signalized intersection in Tampa Heights. Zoned CG, RS-50 with CMU-35 future land use, allowing mixed-use, retail, office, or medical. Minutes from Armature Works and downtown Tampa.
Description
Explore an exceptional 41,622 SF land opportunity at a highly visible, signalized hard corner on Dr. Martin Luther King Jr. Boulevard in Tampa. Ideally situated just minutes from Armature Works and in the heart of the thriving Tampa Heights community, this prime location offers immense potential. Zoned Commercial General (CG),and southern most parcel RS-50 with future land use permitting mixed-use development, the property provides remarkable flexibility for retail, office, medical. Strategically positioned across from CVS Pharmacy and near BayCare St. Joseph’s Hospital. This site has received Special Use -1 Approved for 14 Townhomes
Property Taxes
| Parcel Number | A-12-29-18-4I5-000005-00004.0 | Improvements Assessment | $0 CAD |
| Land Assessment | $107,430 CAD | Total Assessment | $107,430 CAD |
Property Taxes
Presented by
622 W Dr. Martin Luther King Jr. Blvd
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