From Teardown to Treasure: A South Tampa Real Estate Success Story

There’s nothing more rewarding than helping shape the neighborhood you live in—and for the past 30 years, I’ve been lucky enough to call South Tampa home, and the past 10 years, North Hyde Park home. But this story isn’t just about living here. It’s about building something new, something beautiful, and something that reflects the very best of our community.

Over the past two years, I’ve had the privilege of working with an incredible investor and a builder I trust to transform a dated teardown property into a stunning set of three luxury townhomes—move in ready this September. It’s been a journey of vision, persistence, and craftsmanship. And now? These three units represent one of the most exciting investment opportunities in South Tampa real estate.

Finding the Perfect South Tampa Teardown Property

It all started like many great real estate stories do—with a listing that had potential, but only to the right buyer.

The property came onto the market with little fanfare. A true teardown. Outdated, underutilized, and sitting in a prime location that was just begging for a fresh start. I spotted it immediately and jumped on the opportunity with one of my longtime investor clients. We both saw what it could become, but there was a catch.

Five sellers. That’s right—five different owners were attached to this single parcel. Some were patient. Others weren’t. But they all agreed on one thing: they’d only see their true return if we could get the lot rezoned for higher-density residential use.

Navigating the Rezoning Process in South Tampa

Rezoning in South Tampa isn’t for the faint of heart. It takes strategy, persistence, and the right team. We knew that if we could unlock the land’s true potential, it could go from a tired single-family lot to a prime location for luxury townhomes.

The process involved months of planning, applications, negotiations, and community meetings. It tested our patience—and the sellers’—but we stayed the course. We kept all parties aligned and ultimately got the approvals we needed to reimagine the site.

And when we did, the game changed. The property value increased dramatically. The sellers were thrilled. And we were ready to match the perfect builder to bring the vision to life.

Partnering with the Right Builder for Quality and Craftsmanship

I can’t overstate how important the builder has been to this project.

In a market full of corner-cutters and rush jobs, this builder stands out. They care about the details—the craftsmanship, the materials, and the finishes that turn a home into a long-term investment. These aren’t just cookie-cutter builds. They’re thoughtfully designed, high-end townhomes built to last.

Here’s what you can expect from each of the three units:

  • Engineered hardwood flooring throughout

  • Custom cabinetry and millwork

  • Quartz countertops and designer lighting

  • High-impact, hurricane-rated windows

  • Open-concept layouts with soaring ceilings

  • Private outdoor living spaces and garage parking

Every decision, from layout to lighting, was made to appeal to modern buyers and long-term investors alike. Whether you want to live in one and rent out the others—or lease all three—this project offers both flexibility and strong ROI potential.

These Townhomes Are a Rare South Tampa Investment Opportunity

South Tampa real estate is always in demand—but even more so when inventory like this hits the market.

These three townhomes are located in one of the most desirable areas in the city, close to Bayshore Boulevard, top-rated schools, restaurants, and major commuting corridors. They offer the walkability and lifestyle that today’s buyers want—plus all the benefits of new construction.

What makes this project even more unique is the ability to purchase all three units at once. Investors looking for strong rental properties or multi-family cash flow won’t find a cleaner, more turnkey opportunity in the area.

  • Zoned for residential rental

  • Brand-new construction with no deferred maintenance

  • In a high-demand, appreciating neighborhood

With rents and values steadily climbing in South Tampa, these homes will command top dollar.

Perfect for Buyers or Real Estate Investors

Are you an individual looking for a low-maintenance, luxury home in South Tampa? These units are ideal.

Are you an investor looking to own three high-end properties in one transaction? You’re in the right place.

In today’s buyer’s market, it’s rare to find new construction homes that tick all the boxes: location, quality, zoning, and rental potential. That’s why we’re already seeing strong interest, and we haven’t even officially launched yet.

Why You’ll love These 3 Designer Townhomes in North Hyde Park

These residences are the only new 4-bedroom townhomes priced in the low $900Ks.

Located in North Hyde Park, these homes are walkable, central, and zoned for top-rated schools—Gorrie Elementary, Wilson Middle, and Plant High School. Whether you're a family looking to plant roots in an A+ school district or an investor seeking high-end rental potential, these homes deliver.

Features You’ll Love:

  • 4 Bedrooms | 3.5 Bathrooms | 2,412+ Sq Ft

  • Private 2-Car Garage

  • First-floor guest suite with en-suite bath & walk-in closet

  • Soaring ceilings + engineered wood flooring throughout

  • Impact-rated windows for safety and energy efficiency

  • Open-concept main living area + chef’s kitchen with quartz island, walk-in pantry, and custom cabinetry

  • Third-floor luxury primary suite with spa-like bath + large walk-in closet

  • Upstairs laundry, two additional bedrooms, and full bath

  • Designer tile, lighting, hardware, and fixtures throughout

These townhomes are built for lifestyle and longevity—ideal for modern professionals, families, or investors.

Location Benefits: Walkable, Connected, and Flood-Safe

Nestled in North Hyde Park, these homes are just steps from:

  • Indigo Brew Coffee

  • Santoro’s Pizza

  • Cousin Vinny’s Sandwiches

  • The new Publix

  • Julian B. Lane Riverfront Park

  • Tampa Riverwalk and Armature Works

  • JCC Center and TGH

  • Downtown Tampa

  • Flood Zone X — No flood insurance required!

See It for Yourself: Schedule a Showing Today

If you’ve been waiting for the right opportunity in South Tampa, this is it.

These three townhomes will be officially listed this September—but private showings can be scheduled in advance for serious buyers and investors. Whether you’re looking to purchase one, two, or all three, I’d love to walk you through the project and share the story behind every detail.

  • Contact me today to schedule a showing

  • Let’s talk ROI, comps, and rental strategy

  • See firsthand why this is one of South Tampa’s most exciting projects

Click here to get in touch, or call me directly at (727) 410-8599.

About Kevin Freel – South Tampa Real Estate Agent

As a South Tampa resident for over 30 years, I bring more than just market knowledge—I bring passion for this community and a builder’s mindset to every deal. Whether you’re buying, selling, or investing, I’ll help you find opportunities others miss and make your real estate goals a reality.

Final Thoughts

Every successful real estate project starts with a spark—a vision for what could be. Two years ago, we saw something others didn’t. And now? We’re proud to introduce three thoughtfully built townhomes that bring something new, exciting, and valuable to South Tampa.

This is more than just a listing. It’s a story of teamwork, strategy, and neighborhood pride. And I’d be honored to help you be a part of it.


Contact Kevin
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