6925 E 21st Ave - Apartments FOR SALE


Tampa, FL 33619- Orient Park
$6,500,000 USD
754-217-9348
6925 E 21st Ave, Tampa, FL for Sale
$6,500,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

6925 E 21st Ave
Tampa, FL 33619
Orient Park


HIGHLIGHTS

  • 10 two-story duplexes totaling 20 residential units
  • Each unit offers 3 bedrooms, 2 bathrooms, and approximately 1,1000sqft of modern, efficient living space
  • Located in a rapidly growing area of Tampa with strong population growth and limited new inventory
  • Includes a playground, green spaces, and a walking path around a scenic lagoon to promote community and tenant retention

OVERVIEW

Completion by End of 2025! Presenting a rare and highly attractive investment opportunity in one of Tampa’s most dynamic and rapidly growing areas. This exclusive gated community is designed with today’s rental market in mind and offers a unique chance to acquire a large-scale, purpose-built portfolio in a single transaction. The first phase of this development includes 20 newly constructed residences featuring 10 thoughtfully designed two-story duplexes, each offering 3 spacious bedrooms, 2 full bathrooms, and 1,119 sq. ft. of efficient, modern living space. Every unit is carefully planned to maximize rental appeal, with open-concept layouts, contemporary finishes, and durable materials that minimize maintenance while enhancing long-term value. What sets this project apart is its built-for-rent focus. From the ground up, these homes have been designed to deliver consistent, reliable income for investors. The location is in a high-demand rental market experiencing strong population growth, a robust local economy, and limited new inventory — all factors driving rent growth and occupancy rates. The community has been strategically planned to accept Section 8 tenants, opening the door to a broader tenant pool and providing the potential for guaranteed government-backed rental income. Residents will enjoy a welcoming, lifestyle-oriented environment with on-site amenities including a playground, green spaces, and a walking path around a scenic lagoon, creating a sense of community and long-term tenant retention. But the opportunity doesn’t stop there. An additional 24 residences are already planned for development on the adjoining lot 7201 E 21st Ave. Tampa,FL 33619 (TB8429884). Once finished, the entire project will offer a total of 44 residences, giving investors or developers the rare chance to own an entire master-planned, income-producing community. Both lots will be sold together, offering exceptional scalability and value in one of Tampa’s fastest-emerging growth corridors. Whether you’re a seasoned investor building a rental portfolio, a developer seeking long-term passive income, or a fund looking for a turnkey build-to-rent opportunity, this property is a strategic addition to any portfolio — combining immediate cash flow potential with long-term appreciation in a booming market.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$290 USD /SF

# OF UNITS

20

PRICE/UNIT

$325,000

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

PD

APN/PARCEL ID

U-11-29-19-ZZZ-000001-46330.0

ASK ABOUT THIS PROPERTY

Jessica SciallettiUrban Real Estate USMore Info
754-217-9348

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Jessica SciallettiUrban Real Estate USMore Info
754-217-9348

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