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New Construction Multi-Family Investment Opportunity – 6925 E 21st Ave, Tampa FL 33619
East 21st Avenue, Tampa, Hillsborough County, Florida, 33605, United States
Overview
- 3Bedrooms
- 2Bathrooms
- 22,380Size
- Vacant Lot, LotType
Description
Under Construction – Completion Expected by End of 2025!
This rare, large-scale multi-family investment opportunity sits in one of Tampa’s most rapidly expanding areas, East Lake-Orient Park. Designed specifically for today’s rental market, this exclusive gated community represents a turnkey acquisition for investors looking to grow or diversify their portfolios.
Phase One: 20 New Residences
The first phase includes 10 two-story duplexes—each home offering:
- 3 spacious bedrooms
- 2 full bathrooms
- 1,119 sq. ft. of thoughtfully designed living space
Every unit showcases an open-concept floor plan, modern finishes, and durable materials engineered for low maintenance and long-term value.
Built-for-Rent Model
From the ground up, this development is crafted to deliver reliable and consistent rental income. Its design maximizes tenant appeal and aligns with Tampa’s high-demand rental market, driven by:
- Rapid population growth
- A robust local economy
- Limited new rental inventory
Investment Advantages
- Section 8 acceptance for government-backed rental income potential
- Turnkey portfolio of 20 new duplex residences
- Future expansion: An adjoining lot (7201 E 21st Ave, TB8429884) with 24 additional residences planned, bringing the total to 44 homes once completed
- Scenic community layout with green spaces, a playground, and walking paths around a lagoon
Whether you’re a seasoned investor, developer, or fund manager, this purpose-built rental community offers scalability, security, and long-term appreciation potential in one of Florida’s fastest-emerging growth corridors.
Key Investment Details
- Property Type: Multi-Family / Duplex Community
- Construction Status: Under Construction
- Completion: Estimated by End of 2025
- Lot Size: 3.74 Acres
- Total Planned Units: 44 Residences
- Current Phase: 20 Newly Built Units
- Neighborhood: East Lake-Orient Park, Tampa, FL
- No HOA / No CDD Fees
Why Invest in Tampa?
Tampa continues to rank among Florida’s most attractive cities for real estate investors, thanks to its strong economy, rental demand, and continuous infrastructure development. With limited rental supply and growing population trends, this build-to-rent project positions itself as a high-yield, low-vacancy investment opportunity.
Details
Updated on October 15, 2025 at 2:44 pm
- Price$6,500,000
- Property Size22,380
- Bedrooms3
- Bathrooms2
- Property TypeVacant Lot, Lot
- Property StatusFor Sale
Address
Open on Google Maps- CityTampa
- State/countyFlorida
- CountryUnited States
