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!
Tampa, FL 33602
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- N/ASqFt
- 1925Year Built
- 0.70Acres
- MLS# TB8310023
- Commercial
- MixedUse
- Active
- Approx Time on Market8 months, 22 days
- Area33602 - Tampa
- CountyHillsborough
- Subdivision Interstate Investment Co
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
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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