David Shippey
863.521.4517

1121 E Twiggs Street Tampa Florida | Home for Sale

To schedule a showing of 1121 E Twiggs Street, Tampa, Florida, Call David Shippey at 863-521-4517 TODAY!

$14,600,000 No Recent Price Change
1121 E Twiggs Street
Tampa, FL 33602
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • N/ASqFt
  • 1925Year Built
  • 0.70Acres
  • MLS# TB8310023
  • Commercial
  • MixedUse
  • Active


Overview

Seize the opportunity to acquire a prime redevelopment site in Tampas Channel District. This assemblage consists of three adjacent parcels at 1121, 1125, and 1127 E. Twiggs St., totaling approximately 0.7049 acres. The 30,706 SqFt is the total square footage of the land. 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 Tampas 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 areas 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, Floridas 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 Tampas 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. Tampas 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 citys 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. Tampa is also a top migration destination, with a net gain of 54,000 between July 2022 and July 2023. This influx, driven by affordable living and favorable business conditions, positions Tampa as one of the nations fastest-growing regions. With its prime location, flexible zoning, and proximity to key attractions and transportation hubs, this 0.7049-acre site offers exceptional potential for investors looking to shape the future of downtown Tampa.



Agriculture / Farm

Association Fees / Info

Community Features:  FitnessCenter, Sidewalks

Senior Community:  No

Association:  ,No,

Bathroom Info

Building Info

Building Area Source:  PublicRecords

Business Info

Buyer Compensation

Exterior Features

Pool Private:  No

Financial

Original Price:  $14,600,000

Disclosures:  DisclosureOnFile,SellerDisclosure

Garage / Parking

Open Parking:  No

Parking Features:  Common, ParkingSpaces

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Interior Features

Fireplace:  No

Spa:  No

Lot Info

Direction Remarks:  From Downtown Tampa, tale Twiggs St. east; cross over nebraska and then Meridian. Building will be just pastPublix on the right (S. side of street).

Number of Lots:  2

Lot Size Units:  Acres

Lot Size Acres:  0.7

Lot Sqft:  30,706

Road Frontage Type:  CityStreet

Lot Desc:  CentralBusinessDistrict, CityLot, NearPublicTransit

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  19

Class Type:  MixedUse

Property Sub Type:  MixedUse

Property Attached:  No

New Construction:  No

Construction Materials:  Brick

Foundation:  Slab, StemWall

Human Modified:  ,No,

Sqft Info

Bulding Area Sqft:  30,645

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  6

Tax Legal Description:  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

Tax Block:  1

Tax Annual Amount:  87052

Tax Book Number:  11-54

Unit Info

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  PrivateSewer

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityAvailable, MunicipalUtilities

Waterfront / Water

Waterfront:  No

View:  No

Directions

From Downtown Tampa, tale Twiggs St. east; cross over nebraska and then Meridian. Building will be just pastPublix on the right (S. side of street).

This listing courtesy of Engel & Volkers Tampa Downtown 

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On davidshippey.com since Fri, Nov 1st 2024
No Property History recorded for this listing.

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If you have any questions on 1121 E Twiggs Street, Tampa, Florida, please call David Shippey at 863-521-4517.


MLS# TB8310023 located at 1121 E Twiggs Street, Tampa, Florida is brought to you by David Shippey REALTOR®

1121 E Twiggs Street, Tampa, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 1121 E Twiggs Street, Tampa, Florida is TB8310023.
The price for 1121 E Twiggs Street, Tampa, Florida is $14,600,000.
The status of 1121 E Twiggs Street, Tampa, Florida is Active.
The subdivision of 1121 E Twiggs Street, Tampa, Florida is Interstate Investment Co.
The home located at 1121 E Twiggs Street, Tampa, Florida was built in 2025.

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