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.