Palmetto Beach Apartments- Downtown Tampa 1305 S 22nd St Lot | Terrain commercial | 0,42 ha | À vendre | 3 497 300 € | Tampa, FL 33605

This 98-unit, $30 million project is part of the Ybor and Palmetto
Beach Master Plan Community and is positioned to capitalize on Tampa’s strong job
growth, infrastructure investment, and sustained housing demand.
Strategically located just minutes from Downtown Tampa, Channelside, Ybor City,
and Hyde Park, Palmetto Bay Pointe offers residents exceptional access to major
employment hubs, award-winning dining, boutique shopping, and cultural attractions.
The project site benefits from proximity to leading employers such as Tampa General
Hospital, MacDill Air Force Base, and numerous corporate headquarters, making it an
ideal location to serve the city’s growing professional and service-sector workforce.
This thoughtfully designed, Type IIIB podium construction will feature five residential
levels above two floors of structured parking. With an average unit size of 877 SF and
a total of 90,000 net rentable square feet on 1.03 acres, the development is optimized
for both operational efficiency and modern tenant preferences. Land acquisition and
pre-development entitlements are complete, minimizing entitlement risk, with vertical
construction anticipated to commence in Q4 2025.
Importantly, Palmetto Bay Pointe is located in a highly underserved rental market,
where much of the existing housing stock consists of outdated properties. This
new construction will set a new standard for apartment living in the Palmetto
Beach submarket, offering residents ocean views, walkable waterfront access, and
unmatched transit connectivity via the Selmon Expressway. With Tampa projected
to add thousands of new households in the coming years, Palmetto Bay Pointe
represents a rare and timely opportunity for investors to participate in the city’s next
chapter of growth.