Investor score78
Small infill multifamily. Flood AE means elevated first floor and a real insurance line. 6–8 small units still beats buying a $250k townhome on a per-door basis.
- Asking
- $189,000
- $/acre
- $450,000
- Acres
- 0.42
- Buildable
- 9,800 sf
- Max units
- 8
- Zoning
- RM-24
- Flood
- AE (panel 12057C)
- Utilities
- Water, Sewer, Power
EXITS
Development scenarios
| Scenario | Units | Cost | Exit | Profit | ROI |
|---|---|---|---|---|---|
| Hold | — | $14,000 | $210,000 | $21,000 | 10.1% |
| 6-plex (elevated) | 6 | $980,000 | $1,380,000 | $211,000 | 18.0% |
| 8 micro-units | 8 | $1,180,000 | $1,640,000 | $271,000 | 19.8% |
COMPS
Land sales
- 40th St vacant, Tampa0.31 ac · $155,000 · Feb 2026