Residential Land For Sale

Picture of Residential Land For Sale in Tampa, Florida, United States

$875,000

2514 N Ridgewood Ave
Tampa, Florida, United States

Listed By: Realtyww Info

Listed On: 08/23/2024

Listing ID: GL11514263 View More Details

Description

Prime Opportunity in Tampa's Most Desirable Neighborhood! Welcome to Ridgewood Park, 33602, where luxury meets opportunity in one of Tampas most sought-after neighborhoods. This oversized double lot, measuring a total of 0.39 acres, offers endless potential for the visionary buyer. With new construction properties in the area selling for $1.8M-$4.5M+, this is an unparalleled chance to invest in a thriving community. Situated just a short walk from Armature Works and the scenic Hillsborough River, this property places you in the heart of it all. The upcoming Riverwalk redevelopment on W Columbus, complete with new bike lanes, will enhance accessibility and increase the neighborhood's appeal. Imagine the possibilities: you could build your dream home, constructing a massive single-family residence on this expansive lot, complete with a spacious backyard in a prime location. Alternatively, you might choose to split the lot and develop two stunning single-family homes, each on its own parcel, maximizing the investment potential. For those with a more ambitious vision, there is also the option to explore a Planned Development (PD) through the city council, allowing for the construction of 4+ townhomes facing W Columbus. While not guaranteed, similar developments on Ridgewood Ave have seen success, including a project at 2730 N Ridgewood Ave #2. With single lots in Ridgewood Park selling for $550, 000+, this offering of two lots for just $875, 000 represents an exceptional value. Dont miss out on this rare opportunity to own a piece of Tampas future. Contact us today to explore the possibilities and make this prime real estate yours!

For more details:

Listed by: Christopher Schaefer Ii