12.11+- ac./ 380 Units Villages Bloomingdale

The opportunity is to purchase 12.11+- acres of land with entitlements for up to 380 dwelling units in the Villages of Bloomingdale development. The potential exists to rezone for commercial uses.

Located on the SE corner of I-75 and Progress Blvd. as part of The Villages of Bloomingdale Development. Major employment centers such as the Brandon I-75 Corridor, Downtown Tampa, Ybor City, Channelside, and the east Tampa market are all within a 15 minute drive.

The daily traffic count on Bloomingdale Ave. is 46,000 and on Highway U.S. 301 is 38,500. On Interstate 75 the daily traffic count is 103,000.

The property is accessible via Valleydale Dr, but has no curb cuts directly on Bloomingdale Ave. Access to I-75 is less than a mile and half away via US 301. Visible from I-75 and Bloomingdale Ave.

The property is zoned PD and must conform to RMC-20 district standards. Entitled for up to 380 multifamily units that can be townhomes, condos or rental apartments. The future land use is UMU 20.

The parcel is part of the CDD, but has no outstanding debt allocated to the parcel. There is an obligation for operation and maintenance of the common areas equal to approximately $40,000/yr.