1608 N Macdill Avenue, Tampa, FL 33607

Property Description

Virtually Staged. NDA required to view the entire offering! Builders, Developers, and serious Investors who understand the Urban Luxury Tampa Market, try finding a full acre of cleared, entitled land anywhere in Tampa that is approved for eight luxury single-family homes—it practically does not exist, which makes this 1.02-acre (44,515 SF) assemblage at 1606 and 1608 N MacDill Ave a truly rare find for a serious builder. All eight lots must be sold together as one bulk package. Spanning three contiguous, non-homesteaded parcels (Folios 180541-0000, 180542-0000, and 180554-0000) with corner-to-corner block frontage between W Main St and W Green St, the entire site sits high and dry in FEMA Flood Zone X (no flood insurance required for future owners), eliminating costly stem-wall elevations, fill dirt, and flood insurance penalties for your end buyers. The seller has already put in two years of heavy lifting to take the pre-development risk off your plate. The land is cleared, and an 18-page civil engineering plan set is available upon request after completing the NDA. The layout features a private rear drive aisle (can be a gated community if desired by future developers) running from W Main St to W Green St. That rear-loaded access keeps garage doors off N MacDill Ave for clean street appeal while still giving every residence a full two-car garage, partial yard, alongside a dedicated on-site retention pond, over 13,800 SF of green space, and City of Tampa water and sewer access. Each lot supports a generous first-floor 1,987 SF building footprint and a 37-foot max height, and as a major bonus included in the sale, the seller has already paid a local architectural firm for two complete, permit-ready coastal-modern home designs engineered to the current Florida Building Code. Both two-story plans feature four-to-five bedrooms, three-and-a-half baths, open-concept living areas, covered patios, upstairs lofts, and two-car garages—allowing a builder to close and pull permits immediately or bring custom elevations of their choice. The lifestyle and long-term upside of this location are unmatched in 33607. The property sits directly across the street from MacFarlane Park, giving future homeowners city tax-paid, non-CDD amenities that future builders do not need to develop; public amenities include effortless access to eight lighted outdoor pickleball courts, tennis courts, playgrounds, shaded pavilions, and sprawling park space right outside their front door. Just a short walk or bike ride away is the booming Midtown Tampa district—home to Whole Foods Market, Dinning, Class-A offices, hotels, and the upcoming 23-story Midtown South tower. Looking ahead, Tampa's trajectory only gets stronger with luxury home values surging across the urban core, the transformative WestShore Plaza redevelopment minutes away, and the new $2.36 billion Tampa Bay Rays stadium and mixed-use district slated just up the corridor on Dale Mabry. Residents are also 5 min from Tampa International Airport and under ten minutes from Downtown Tampa, Water Street, Tampa General Hospital, and Bayshore Boulevard. From a builder's underwriting standpoint, the numbers speak for themselves. Single 5,000 sqft infill lots in 33607 are selling $350K+ on their own without PD assemblage scale, civil plans, Hazardous trees, or architectural drawings, while new luxury builds in this pocket consistently sell from $1.1M to $1.6M see recent comps), putting projected gross sellout with healthy margins.