USD $14,600,000
1121 E TWIGGS STREET, TAMPA, FL, 33602, US
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Listing Courtesy of  ENGEL & VOLKERS TAMPA DOWNTOWN
30.645 sq.ft
AM-5058143
MLS#: TB8310023
Seize the opportunity to acquire a prime redevelopment site in Tampa’s Channel District. This assemblage consists of three adjacent parcels at 1121, 1125, and 1127 E. Twiggs St., totaling approximately 0.7049 acres. The 30,706 SqFt is the total square footage of the land. Zoned CD-1 (Channel District - Mixed Use) with a Current FAR of 7.0, the property offers flexibility for mixed-use commercial projects. Potential developments include office, retail, hospitality, and hotel ventures, making it an ideal asset for investors aiming to leverage Tampa’s rapid growth. Located next to Madison Street Park and Dog Park, this site offers adjacent green space and a prime position near top attractions like the Tampa Riverwalk, Amalie Arena, Sparkman Wharf, and the Florida Aquarium. Its proximity to the Tampa Convention Center, which hosts over 100 major events annually, amplifies its appeal for hotel and hospitality developments catering to business and leisure travelers. The Tampa Riverwalk, a major draw with over 1.2 million annual visitors, ensures foot traffic and visibility for retail and hospitality businesses. Initiatives such as the Riverwalk Attraction Pass, which saw 12,000 visitors redeem passes in 2023, further bolster the area’s vibrancy. The property benefits from excellent connectivity, with access to major roads such as Channelside Drive, FL-618 (The Selmon Expressway), I-275, and I-4. Public transit is available via the TECO Line Streetcar, linking downtown Tampa with Ybor City. Tampa International Airport, located just a short drive away, is undergoing a $2.5 billion expansion, positioning itself to handle up to 35 million passengers by 2037. The airport's growth enhances the
potential for developments catering to both domestic and international travelers. Port Tampa Bay, Florida’s largest port, is located 0.3 miles from the property, handling over 36 million tons of cargo annually. This offers a logistical advantage for large-scale construction projects or businesses reliant on imported materials. Continued investment in the port's expansion will support Tampa’s commercial and industrial growth. Utility services at the site are robust, with power from Tampa Electric, water and sewer services from the City of Tampa, and internet from Spectrum and Frontier Communications, making the site fully equipped for various development possibilities. Tampa’s economy is booming, driven by industries like finance, technology, healthcare, and real estate. Major corporations such as Raymond James Financial, Bloomin’ Brands, and Moffitt Cancer Center are fueling the city’s rapid growth. This environment is attracting investment, with over $1 billion in taxable hotel revenue generated in Hillsborough County in 2023, a 4.82% increase from the previous year. Tourism plays a key role, with 26.7 million visitors contributing $8.5 billion annually and the world renowned beaches of St Pete and Clearwater less than 30 miles away. Tampa is also a top migration destination, with a net gain of 54,000 between July 2022 and July 2023. This influx, driven by affordable living and favorable business conditions, positions Tampa as one of the nation’s fastest-growing regions. With its prime location, flexible zoning, and proximity to key attractions and transportation hubs, this 0.7049-acre site offers exceptional potential for investors looking to shape the future of downtown Tampa.
potential for developments catering to both domestic and international travelers. Port Tampa Bay, Florida’s largest port, is located 0.3 miles from the property, handling over 36 million tons of cargo annually. This offers a logistical advantage for large-scale construction projects or businesses reliant on imported materials. Continued investment in the port's expansion will support Tampa’s commercial and industrial growth. Utility services at the site are robust, with power from Tampa Electric, water and sewer services from the City of Tampa, and internet from Spectrum and Frontier Communications, making the site fully equipped for various development possibilities. Tampa’s economy is booming, driven by industries like finance, technology, healthcare, and real estate. Major corporations such as Raymond James Financial, Bloomin’ Brands, and Moffitt Cancer Center are fueling the city’s rapid growth. This environment is attracting investment, with over $1 billion in taxable hotel revenue generated in Hillsborough County in 2023, a 4.82% increase from the previous year. Tourism plays a key role, with 26.7 million visitors contributing $8.5 billion annually and the world renowned beaches of St Pete and Clearwater less than 30 miles away. Tampa is also a top migration destination, with a net gain of 54,000 between July 2022 and July 2023. This influx, driven by affordable living and favorable business conditions, positions Tampa as one of the nation’s fastest-growing regions. With its prime location, flexible zoning, and proximity to key attractions and transportation hubs, this 0.7049-acre site offers exceptional potential for investors looking to shape the future of downtown Tampa.
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Points forts de l'offre

  • Sous-type

    Mixed Use
  • Année de construction

    1925
  • Montant des taxes annuelles

    $87,052
  • Superficie du terrain en acres

    0,7
  • Lot Size (Sq Ft)

    30.706 sq.ft
  • Chauffage

    Central
  • Climatisation

    Air central
  • Comté

    Hillsborough
  • Subdivision

    INTERSTATE INVESTMENT CO

Détails de la propriété

  • Caractéristiques intérieures

      Chauffage et climatisation

    • Chauffage: Central
    • Climatisation: Central Air
  • Services publics
    Services publics
    Électricité disponible
    Source d'eau
    Public
    Égout
    Égouts privés
  • Caractéristiques extérieures
    Caractéristiques du lot
    Proche des transports publics
  • Construction
    Type de propriété
    Commercial Sale
    Construction Materials
    Brique
    Année de construction
    1925
    Sous-type de propriété
    Mixed Use
    Détails de la fondation
    Dalle
    Building Area Total
    30645
  • Stationnement
    Caractéristiques de stationnement
    Common

Emplacement

  • FL
  • TAMPA
  • 33602
  • Hillsborough
  • 1121 E TWIGGS STREET

Calculatrice de paiement

Entrez vos informations de paiement pour recevoir un paiement mensuel estimé

Prix de la propriété

Mise de fonds

Prêt hypothécaire

Année fixe

Vos mensualités

$85,201.64

Ce calculateur de paiement fourni par Engel & Völkers est destiné à des fins éducatives et de planification seulement. *Suppose un taux d'intérêt de 3,5 %, un versement initial de 20 % et un prêt hypothécaire conventionnel à taux fixe de 30 ans. Les taux cités sont à titre informatif seulement ; les taux actuels peuvent changer à tout moment sans préavis. Vous ne devriez pas prendre de décisions basées uniquement sur les informations fournies. Des montants supplémentaires requis tels que les impôts, l'assurance, les cotisations de l'association de propriétaires, les évaluations, les primes d'assurance hypothécaire, l'assurance contre les inondations ou d'autres paiements requis similaires doivent également être pris en compte. Contactez votre société hypothécaire pour les taux actuels et des informations supplémentaires.

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Mis à jour: May 6, 2025 11:50 PM