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7201 E 21ST AVENUE

Lots/Land For Sale
$700,000

BTC: 8.80503145

ETH: 297.15032835

1 days
0 room(s)

Overview

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!

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$290,000
$197K – $1.4M
Confidence Low
List vs. estimate
$410K above estimate
List $700,000 · +141.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,101
2025
All facts and features
  • Lot

    • Lot: 1.87 Acres

    Other Property Information

    • Parcel Number: U112919ZZZ00000146320.0

    • Zoning: RDC-12

  • Type and style

    • Property Type: Land

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $6,101

  • Source details

    • MLS ID: TB8561167

    Other facts

    • Direction Faces: North

    • Water Source: Public

    • Lot Size Dimensions: 168 x 485

    • Subdivision Name: UNPLATTED

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: VITANOVA REALTY GROUP LLC