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$6,500,000
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Property Description
One or more photo(s) has been virtually staged. Under Construction. One or more photo(s) has been virtually staged. Under Construction. Under Construction - Completion by End of 2025! Presenting a rare and highly attractive investment opportunity in one of Tampa's most dynamic and rapidly growing areas. This exclusive gated community is designed with today's rental market in mind and offers a unique chance to acquire a large-scale, purpose-built portfolio in a single transaction. The first phase of this development includes 20 newly constructed residences featuring 10 thoughtfully designed two-story duplexes, each offering 3 spacious bedrooms, 2 full bathrooms, and 1,119 sq. ft. of efficient, modern living space. Every unit is carefully planned to maximize rental appeal, with open-concept layouts, contemporary finishes, and durable materials that minimize maintenance while enhancing long-term value. What sets this project apart is its built-for-rent focus. From the ground up, these homes have been designed to deliver consistent, reliable income for investors. The location is in a high-demand rental market experiencing strong population growth, a robust local economy, and limited new inventory - all factors driving rent growth and occupancy rates. The community has been strategically planned to accept Section 8 tenants, opening the door to a broader tenant pool and providing the potential for guaranteed government-backed rental income. Residents will enjoy a welcoming, lifestyle-oriented environment with on-site amenities including a playground, green spaces, and a walking path around a scenic lagoon, creating a sense of community and long-term tenant retention. But the opportunity doesn't stop there. An additional 24 residences are already planned for development on the adjoining lot 7201 E 21st Ave. Tampa,FL 33619 (TB8429884). Once finished, the entire project will offer a total of 44 residences, giving investors or developers the rare chance to own an entire master-planned, income-producing community. Both lots will be sold together, offering exceptional scalability and value in one of Tampa's fastest-emerging growth corridors. Whether you're a seasoned investor building a rental portfolio, a developer seeking long-term passive income, or a fund looking for a turnkey build-to-rent opportunity, this property is a strategic addition to any portfolio - combining immediate cash flow potential with long-term appreciation in a booming market.
Full Property Details
Full Property Details for 6925 E 21st Ave
General
- Price: $6,500,000
- Taxes: $2,918 (2024)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8432437
- Updated: 10/5/2025
- Added to Site: 103 day(s) ago
Interior
- Interior Features: Eating Space In Kitchen, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Primary Bedroom Main Floor
Rooms
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Sidewalk
Location
- Area: 33619 - Tampa / Palm River / Progress Village
- County: Hillsborough
- Development Name: 33619 - Tampa / Palm River / Progress Village
- Subdivision: UNPLATTED
- Driving Directions: Head West on E Dr Martin Luther King Jr Blvd/E M.L.K. Jr Blvd - Left on Orient Rd to E 21st Ave - Turn right onto E 21st Ave - Destination will be on the left
Community
- Community Name: 33619 - Tampa / Palm River / Progress Village
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Available, Phone Available, Public, Sewer Available, Street Lights, Water Available
Structural Information
- # Buildings: 10
- Builder: Danva Construction Services
- Approx Compl Date: 2025-11-30T05:00:00.000Z
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 22,380
- Sq. Ft. Source: Builder
- Year Built: 2025
Lot Features
- Lot Size (Acres): 3.74
- Lot Size (Sq. Ft.): 81,457
- Lot Size: 1.87
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,918
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: W 169.29 FT OF N 510.8 FT OF SW 1/4 OF SE 1/4 LESS N 30 FT FOR RD R/W
- Flood Zone Info: X
- APN: U112919ZZZ00000146330.0
- Property ID: U112919ZZZ00000146330.0
- Block/Lot/Section: 1
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Schools
Schools serving 6925 E 21st Ave
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Kenly Elementary School 2909 North 66th Street, Tampa, FL 33619 | PK-5 | 0.2 mi |
Mann Middle School 409 East Jersey Avenue, Brandon, FL 33510 | 6-8 | 6 mi |
Blake High School 1701 North Boulevard, Tampa, FL 33607 | 9-12 | 5.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6925 E 21st Ave
Date
Details
Price
Change
Source
10/05/2025
Listed
$6,500,000
377.06%
MLS
7/09/2024
Sold
$1,362,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6925 E 21st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,277
12%
$179,520
7%
2024
$2,918
-10%
$168,300
-15%
2023
$3,241
21%
$198,220
32%
2021
$2,679
-11%
$149,600
-19%
2022
$2,994
12%
$185,130
171%
2021
$2,679
116%
$68,218
—
2019
$1,243
-2%
$68,218
—
2018
$1,264
-12%
$68,218
6%
2017
$1,441
6%
$64,627
9%
2016
$1,360
7%
$59,242
10%
2015
$1,271
-1%
$53,856
—
2014
$1,278
-2%
$53,856
—
2013
$1,299
—
$53,856
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6925 E 21st Ave
6925 E 21st Avenue, Tampa, FL 33619 (MLS# TB8432437) is a Multi-Family property with 20 units containing 0 bedrooms and 0 full bathrooms. 6925 E 21st Avenue is currently listed for $6,500,000 and was received on October 05, 2025. Want to learn more about 6925 E 21st Avenue? Do you have questions about finding other Multi-Family real estate for sale in Tampa? You can browse all Tampa real estate or contact a Coldwell Banker agent to request more information.

