Commercial $ 14,600,000

1121 E Twiggs St

Tampa, FL 33602-3133

  • - Year Built
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. 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.
Listed by Aaron & Virginia Bond of Bond Collection Group

TWIGGS PROJECT POTENTIAL 

3 PARCELS: 1121, 1125 & 1127 E. Twiggs St, Tampa, FL 33602 

This is an exceptional opportunity to be part of the historic Channelside District with a mixed use zoning on over .70 of an acre of prime real estate.

 

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DRONE VIDEO OF TWIGGS STREET

Twiggs Project Details

Total Land Square Feet:  30,706

Price Per Sqft: $475.48

3 Lots Combined Size: 0.721 acres

  • SE/TP/RG: 19-29-19
    Zoning: CD-1
    Section #: 19
    Subdivision #: 4WY
    Block/Parcel: 1
    Tax ID: A-19-29-19-4WY-000001-00006.0
    Taxes: $87,051.74
    Tax Year: 2024
    Lot #: 6 / 10 / 11
    Book/Page: 11-54
    Alt Key/Folio #: A-19-29-19-4WY-000001-00006.0
    Legal Desc: INTERSTATE INVESTMENT COMPANY'S PLAT NO 1 THAT PART OF LOT 6 DESC AS BEG AT NE COR & RUN SLY TO S BDRY OF LOT 6 ELY .06 FT TO SE COR OF LOT 6 AND NLY TO BEG BLOCK 1 . . . LOTS 7 8 9 BLOCK 1 . . . 13 FT STRIP ABUTTING ON S BDRIES OF LOTS 7 THRU 9
    Front Exposure: North
    Road Frontage: City Street
    Flood Zone: X500
    Add Parcel: Yes
    # of Parcels:2
    Additional Tax IDs:A 19 29 19 4WY 000001 00010.0, A 19 29 19 4WY 000001 00011.0
    Utilities Data: Electricity Available, Public
    Parking: 6 to 12 Spaces, Common
    Lot Size Acres: 0.721 
    Lot Size: 30,706 SqFt / 2,853 SqM 
    Water Frontage: No
    Water Access: No
    Water View: No
    Water Extras: No

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BUILDER & DEVELOPER TESTIMONIALS

I am writing this letter to highly recommend Virginia Bond as an exceptional realtor. I had the pleasure of working with Virginia Bond in the Stonelake Ranch neighborhood, and I can confidently say that she is a true professional. Throughout our collaboration, Virginia Bond demonstrated a remarkable level of expertise, dedication, and integrity. Her attention to detail, excellent communication skills, and commitment to providing outstanding service to her clients were truly impressive. It was a pleasure to work alongside Virginia Bond, and I have no doubt that she will continue to excel in any real estate endeavors she undertakes. I wholeheartedly endorse Virginia Bond and believe that she would be a valuable asset to any real estate team or project.

Phillip Olivera Olivera Contruction

  • Key Details

    Property Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Buyer Agency Compensation 1%

  • Location

    State FL

    County Hillsborough

CONTACT

Aaron & Virginia Bond
Aaron & Virginia Bond

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