2603-2607 Marconi St _ Prime Redevelopment Site

2603-2607 Marconi St Tampa, FL 33605

2603-2607 Marconi St, Tampa, FL, 33605
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FOR SALE
Property Type:
Multifamily Land
Amount:
$950,000
Last Verified:
Sep 16, 2024

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Highlights

  • - 1,877 SF building with 2 units
  • - Built in 1954, offering vintage charm
  • - Zoned RM-16 for multifamily use
  • - Ideal for a prospective multifamily investor
  • - Prime location in the Tampa Bay area
  • - Potential for rental income and appreciation
  • - Spacious units for tenant comfort
  • - Well-maintained property with investment potential

Description

Charming Triplex with Prime Redevelopment Potential – 2603-2607 Marconi St.
Discover an exceptional investment opportunity at 2603-2607 Marconi Street. This versatile property features a well-maintained triplex alongside a spacious vacant lot, presenting multiple avenues for lucrative returns. Whether you are looking to expand your rental portfolio, embark on a redevelopment project, or both, this offering is primed for success.
Triplex Configuration: Three well-appointed units, each designed for comfort and convenience. Ideal for generating steady rental income.
Adjacent Vacant Land: Expansive lot perfect for additional development, providing endless possibilities for creative real estate ventures. Total land size is 15,960 sf (168' X 95').
Prime Location: Situated in a thriving neighborhood with easy access to key amenities, public transport, and vibrant community life.
Redevelopment Opportunity: The combined lot size opens the door to significant redevelopment potential. Envision a modern multi-family complex, upscale townhomes, or a mixed-use development – the choice is yours.
Asking Price: $950,000
Zoning: Zoned RM-16 and RS-50, this portfolio is suitable for various redevelopment options (subject to local zoning regulations).
Benefit from the area's ongoing development and increasing property values.
Whether you aim to enhance the existing triplex, develop the vacant land, or undertake a comprehensive redevelopment, this property offers unmatched flexibility.
Enjoy the blend of urban amenities and suburban tranquility that makes this location highly desirable.
Don't miss out on this rare opportunity to secure a high-potential property in a prime location. Contact us today to arrange a viewing and explore the endless possibilities that 2603-2607 Marconi Street has to offer.

Charming Triplex with Prime Redevelopment Potential – 2603-2607 Marconi St.
Discover an exceptional investment opportunity at 2603-2607 Marconi Street. This versatile property features a well-maintained triplex alongside a spacious vacant lot, presenting multiple avenues for lucrative returns. Whether you are looking to expand your rental portfolio, embark on a redevelopment project, or both, this offering is primed for success.
Triplex Configuration: Three well-appointed units, each designed for comfort and convenience. Ideal for generating steady rental income.
Adjacent Vacant Land: Expansive lot perfect for additional development, providing endless possibilities for creative real estate ventures. Total land size is 15,960 sf (168' X 95').
Prime Location: Situated in a thriving neighborhood with easy access to key amenities, public transport, and vibrant community life.
Redevelopment Opportunity: The combined lot size opens the door to significant redevelopment potential. Envision a modern multi-family complex, upscale townhomes, or a mixed-use development – the choice is yours.
Asking Price: $950,000
Zoning: Zoned RM-16 and RS-50, this portfolio is suitable for various redevelopment options (subject to local zoning regulations).
Benefit from the area's ongoing development and increasing property values.
Whether you aim to enhance the existing triplex, develop the vacant land, or undertake a comprehensive redevelopment, this property offers unmatched flexibility.
Enjoy the blend of urban amenities and suburban tranquility that makes this location highly desirable.
Don't miss out on this rare opportunity to secure a high-potential property in a prime location. Contact us today to arrange a viewing and explore the endless possibilities that 2603-2607 Marconi Street has to offer.


Year Built: 1954
Building Size: 1877sq ft
Building Class: C
Lot Size: 0.37 acres


Documents

2603-2607 Marconi St (2).pdf

Map of 2603-2607 Marconi St, Tampa, FL, 33605

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.