RARE DEVELOPMENT OPPORTUNITY IN EAST TAMPA! Located at 7201 E 21st Avenue, this offering features Phase Two of Allegra, a residential development opportunity consisting of a separate land parcel with an approved site plan for a planned 24-unit duplex expansion. Land only — construction is not included in the asking price. The approved plans provide an opportunity for a developer to move forward with the next phase of construction, subject to applicable requirements. Ideally situated in Hillsborough County’s East Tampa submarket, the property offers convenient access to Causeway Boulevard, US-41/50th Street, I-4, and the Selmon Expressway. The location is also near major employment and economic centers, including the Port of Tampa, Ybor City, and Downtown Tampa. The surrounding area features established residential neighborhoods and rental housing, making this an attractive opportunity to develop a professionally managed residential community. Phase One of Allegra is 100% complete, with Certificates of Occupancy issued, while Phase Two offers the potential to expand the development to a planned total of 44 residential units across both phases. Investors and developers may explore acquiring Phase Two independently or pursuing both phases together for a larger-scale development opportunity. Bring your vision to Allegra and capitalize on Tampa’s growing residential market!
Listing Courtesy of: VITANOVA REALTY GROUP LLC
813-433-8277
| Listing Id: | TB8561167 |
|---|---|
| List Price: | $700,000 |
| Property Type: | Land |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Tax Annual Amount: | $6,101 |
| Lot Size Square Feet: | 81,457 |
| Lot Size Acres: | 1.87 |
| Waterfront?: | No |
| City: | Tampa |
| County Or Parish: | Hillsborough |
| Subdivision Name: | Unplatted |
| Postal Code: | 33619 |
| Building Area Units: | Square Feet |
| Current Use: | Multi Family |
| Direction Faces: | North |
| Directions: | From I-4, take the exit for Dr. Martin Luther King Jr. Boulevard and head east. Turn right onto Orient Road, then turn right onto E 21st Avenue. The property at 7201 E 21st Avenue will be on the left. |
| Elementary School: | Kenly-HB |
| Fencing: | Fenced |
| High School: | Blake-HB |
| Listing Contract Date: | 2026-10-25 |
| Ownership: | Fee Simple |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 1.87 |
| Lot Size Dimensions: | 168X485 |
| Postal Code Plus4: | 1810 |
| Middle Or Junior School: | Mann-HB |
| MLS Area Major: | 33619 - Tampa / Palm River / Progress Village |
| MLS Area Major: | 33619 - Tampa / Palm River / Progress Village |
| Original List Price: | $700,000 |
| Parcel Number: | U-11-29-19-ZZZ-000001-46320.0 |
| Township: | 29 |
| Road Frontage Type: | City Street |
| Road Surface Type: | Asphalt |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Public |
| Water Source: | Public |
| Public Survey Range: | 19 |
| Public Survey Section: | 11 |
| Zoning: | RDC-12 |
| Alternate Key Folio Num: | 0421190000 |
| Association Fee Requirement: | None |
| Calculated List Price By Calcula: | 8.59 |
| Current Adjacent Use: | Multi-Family |
| Flood Zone Code: | X |
| Flood Zone Date: | 2008-08-28 |
| Flood Zone Panel: | 12057C0360H |
| For Lease Yn: | No |
| Listing Exclusion Yn: | No |
| Lot Size Square Meters: | 7568 |
| Price Per Acre: | 374332 |
| Road Frontage Ft: | 168 |
| Sdeo yn: | No |
| Total Acreage: | 1 to less than 2 |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Road Responsibility: | Public Maintained Road |
| Association 2 Yn: | 0 |
| Attribution Contact: | 813-433-8277 |
| Originating System Name : | Stellar MLS |
| Designated Builder Yn: | No |
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Property Last Updated: October 26, 2026 04:02 AM - ET
