Fontanarosa Update 03/03/23

Townhome Development Site Offered for Sale

 

 

Colliers is pleased to offer for sale Fontanarosa Village, a 40-unit townhouse development fully entitled with site plan approved in Tampa, FL. Blocks from the intersection of Dale Mabry Hwy. and Waters Ave., this shovel-ready opportunity has a site contractor in place and site work for the first 25 townhomes is already underway. Estimated sales price is $650K+ per townhome with a total sell-out projected at $26 Million.

 

Shovel-ready 40-unit townhouse development
Site plan approved
$300K- sitework already completed
Site contractor signed
3.1 acres fully entitled

 

The immediate area surrounding this property is heavily populated including retail, office and residential neighborhoods. This property is less than 2 miles from Advent Health Carrollwood and only a 15-minute drive time to the Tampa International Airport. The Home Depot Distribution Center and FedEx Ground and Shipping Center are 1.5 miles east of the property.

 

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