Property Description
One or more photo(s) has been virtually staged. Under Construction. One or more photo(s) has been virtually staged. Under Construction. Under Construction - 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.
Feature Descriptions
Annual Net Income: 600000.00
Builder: Danva Construction Services
Community Features: Street Lights
Days on Site: 234
Directions: Head West on E Dr Martin Luther King Jr Blvd/E M.L.K. Jr Blvd - Left on Orient Rd to E 21st Ave - Turn right onto E 21st Ave - Destination will be on the left
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot: Level
Lot Dimensions: 3.74
Model: Allegra
Ownership: Fee Simple
Property Attached Y/N: Yes
Property Sub-Type: Multi Family
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, ShowingTime
Special Sale Provisions: None
Units: 20
Utilities: Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: PD
6925 E 21st Avenue | MLS# TB8432437
This multi-family property located at 6925 E 21st Avenue, Tampa, FL 33619 is currently listed for sale with an asking price of $6,500,000. Search Tampa real estate on www.realtymark.net today.