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206 W COLUMBUS DRIVE

Lots/Land For Sale
$1,300,000

BTC: 20.31250000

ETH: 768.77587226

2 days
0 room(s)

Overview

ATTENTION BUILDERS, DEVELOPERS & INVESTORS, SHOVEL-READY OPPORTUNITY IN THE HEART OF TAMPA HEIGHTS! Rarely does a fully entitled infill development opportunity become available in one of Tampa's most sought-after urban neighborhoods. Located just blocks from Armature Works, the Tampa Riverwalk, Downtown Tampa, and the city's most transformative redevelopment projects, this exceptional Tampa Heights site is primed for practically immediate development. Within just weeks, this property will have fully approved permits. This Opportunity Zone property will come with approved plans for four luxury three-story townhomes, allowing a developer to break ground immediately and eliminate the time, uncertainty, and carrying costs associated with the entitlement process. Whether your strategy is build-to-sell, build-to-rent, long-term hold, or short-term rental operation, this project offers multiple paths to maximize returns. The approximately 0.17-acre parcel is approved for a single building consisting of four luxury townhome residences, thoughtfully designed for today's urban lifestyle. With Tampa continuing to experience strong population growth, increasing demand for urban living, and ongoing investment throughout the urban core, the timing for this project could not be better. Positioned in Flood Zone X and located within an Opportunity Zone, investors may benefit from significant long-term tax advantages while capitalizing on one of Tampa's fastest-growing submarkets. The property is surrounded by major developments including Gasworx, the Central City YMCA redevelopment, Water Street Tampa, and the continued expansion of Downtown Tampa's residential and commercial footprint. All due diligence materials, plans, approvals, and development documentation will be available and passed on to the buyer. Opportunities to acquire a fully approved, shovel-ready project in this location are increasingly rare.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.21 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$340,000
$101K – $985K
Confidence Low
List vs. estimate
$960K above estimate
List $1,300,000 · +282.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
43 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,290
2025
All facts and features
  • Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: A1329184XZ00001200002.0

    • Zoning: CG

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Electricity Available

    • Public

    • Sewer Available

    • Water Nearby

  • Other financial information

    • Annual tax amount: $4,290

  • Source details

    • MLS ID: TB8517023

    Other facts

    • Lot Features: CoastalConstruction Control Line

    • Water Source: Public

    • Lot Size Dimensions: 73 x 125

    • Subdivision Name: MUNRO & MC INTOSHS ADD

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FRANK ALBERT REALTY