This spacious 73x115 (8,395sqft) lot in the highly sought-after Bel Mar Shores neighborhood offers a rare opportunity for investors, builders, or buyers looking to create their dream home in South Tampa. The existing structure did experience flooding, but professional remediation has already been completed. It’s now ready for the next phase — whether that’s finishing a renovation or starting fresh with new construction.
A recently renovated home just 8 doors down on Omar Street sold for $432/sqft—after only one week on the market—underscoring the strong demand and impressive ROI potential in this neighborhood. At that price, a fully updated home on this lot could reach an estimated value of $798,000. With the land alone carrying substantial worth, this property presents an exceptional opportunity to capitalize on a high-demand market.
Located in a quiet, family-friendly area and zoned for top-rated schools (Mabry Elementary, Coleman Middle, and Plant High School), the property is also just 5 miles from Tampa International Airport, 6 miles from Tampa General Hospital, and minutes from Amalie Arena, Water Street, the Tampa Riverwalk, and the Gandy Bridge to St. Petersburg.
Whether you're looking to build new or invest in a high-potential renovation, this property offers exceptional value in one of Tampa’s most desirable neighborhoods.