7409 Manhattan ave - 7409 S. Manhattan Ave-4436 W. Richardson Ave 3.24 Acres of Commercial Land in Tampa, FL 33616

The ±3.24-acre assemblage at 7409 S. Manhattan Avenue represents one of the last undeveloped blocks fronting MacDill Air Force Base and sits minutes from Downtown, Westshore, Bayshore Boulevard, and Tampa International Airport. Current RS-50 zoning supports an attached townhome concept of roughly 26 units, giving a sponsor the flexibility to pursue either build-for-sale or build-to-rent strategies. MacDill’s 18,000-person workforce, combined with South Tampa’s chronic supply constraints and rising household incomes, creates a durable pipeline of end-users and renters seeking attainable, well-located housing.
Recent appraisal guidance values the land near $7 million “as-is,” suggesting an attractive basis relative to competing infill parcels, while limited competing supply and strong velocity for new townhome product offer multiple exit options and the potential for compelling risk-adjusted returns. The site encompasses two contiguous parcels with approximately 500 feet of frontage on W. Richardson Avenue and 200 feet on S. Manhattan Avenue, providing dual ingress/egress and excellent visibility.
The property will be delivered in pad ready condition with all utilities and infrastructure brought to the site. The property is entitled and approved for 26 town homes.
Surrounding uses include single-family neighborhoods, low-rise multifamily, and the MacDill boundary fence immediately to the south, creating a cohesive residential context and a built-in tenant base. Taken together, these physical attributes, entitlement status, and strategic location establish 7409 S. Manhattan Avenue as a rare, shovel-ready canvas for a developer or land investor seeking a high-barrier, lifestyle-oriented Tampa address.