12.11 Acres in Riverview, FL - $2,592,000
Description: The opportunity is for a developer or multi-family builder to purchase 12.11+- acres of land with entitlements for
up to 380 dwelling units in the Villages of Bloomingdale development. The property has the potential to be rezoned
for commercial uses.
Location: The site is located on the southeast corner of I-75 and Progress Blvd. as part of The Villages of Bloomingdale
Development in Riverview, Florida. 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.
Traffic Count: 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.
Access 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 30...
less than a mile and half away via US 301. The site can be seen from both I-75 and Bloomingdale Ave.
Size: 12.11 acres
Tax No. 047934-0210
Zoning: The property is currently zoned PD and must conform to RMC-20 district standards. The site is entitled for up to
380 multifamily units that can be townhomes, condos or rental apartments. The future land use is UMU 20.
CDD: The parcel is part of the CDD, but has no outstanding debt allocated to the parcel. The property has an obligation
for operation and maintenance of the common areas equal to approximately $40,000 per year.
Utilities: Water and Sewer are available to the site.
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