Off Market Redevelopment Opportunity Near Downtown Tampa

This parcel is situated within the city limits of Tampa, Florida, with boundaries roughly defined by W. Hillsborough Avenue to the north, N. Armenia Avenue to the west, W. MLK Jr. Boulevard to the south, and the Hillsborough River to the east. It is conveniently located near Interstate 275, which can be accessed from Hillsborough Avenue and Martin Luther King Jr. Drive and connects directly to downtown Tampa which is only 4 miles away. The Tampa International Airport is also just a short 15-minute drive west.4740 Wishart Boulevard is a prime 2.95 acre property offering an excellent opportunity for builders and developers seeking redevelopment sites in Tampa Bay. The site is situated in the heart of Tampa, conveniently located near Interstate 275, downtown Tampa and the Tampa International Airport. The property is currently utilized as the campus for Seminole Church of the Christ with a building encompassing over 20,000 SF built in 1957. The site can continue to be utilized as a special purpose property or could be redeveloped as residential single family homes. The RS-60 zoning appears to allow for 11 - 15 residential units (subject to review and approval). The surrounding neighborhoods are known for their eclectic dining and retail charm with short drives to popular destinations such as Armature Works, Ybor City, Zoo Tampa, and Busch Gardens. This area is home to many businesses, offices, apartment complexes and highly rated schools. Within a five-mile radius, total consumer spending reaches $3.5 billion, and the population is projected to grow by 2.0% by 2029, contributing to the strong demand for new residential communities. With its prime location, redevelopment potential, and proximity to significant attractions, 4740 Wishart Boulevard provides a compelling investment opportunity for a developer seeking a residential project in the heart of Tampa, Florida.