813-839-7300
320 E Fletcher Ave, Tampa, FL for Sale
Auto Dealership - FOR SALE
1/18
null | Request Cap Rate

320 E Fletcher Ave
Tampa, FL 33612
Lake Magdalene


HIGHLIGHTS

  • ±8.6-Acre Site (±7.0 Acres Developable) Current Zoning: Commercial General, Future Land Use: Residential-12 (RES-12), Supporting~103 Multifamily Units
  • Multiple Density Bonuses Create Entitlement Upside to ~170–230+ Units, Subject to Approvals
  • Institutional-Quality Redevelopment Asset Offering Scale, Optionality, and a Clear Path to High-Density Residential Use

OVERVIEW

The subject property features an approximately 37,000 SF vacant, former car dealership, offering near-term flexibility for adaptive reuse, interim income generation, or phased redevelopment strategies. Situated on an ±8.6-acre infill site (±7.0 acres developable) at 320 E Fletcher Ave in Tampa, the asset benefits from strong regional accessibility, located approximately 10 minutes from the University of South Florida and 15 minutes from Downtown Tampa. The site is currently zoned Commercial General, future land use; Residential-12 (RES-12), allowing for the development of approximately 103 multifamily units by right, with the potential to significantly increase density through multiple available bonus programs. Subject to approvals, entitlement upside supports approximately 170 to 230+ residential units, positioning the property as an institutional-quality redevelopment opportunity with meaningful scale, flexibility, and a clear path to high-density residential development in a growing Tampa infill location.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jaguar of Tampa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

285

LAND DETAILS

LAND ACRES

8.63 AC

LAND SF

375,884 SF

ZONING

CG

APN/PARCEL ID

U-01-28-18-0TD-000010-00005.0

ASK ABOUT THIS PROPERTY

Griffin GoudreauFranklin StreetMore Info
813-839-7300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Griffin GoudreauFranklin StreetMore Info
813-839-7300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.