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1736 W Cherry St - Prime West Tampa Investment Property Near Rome Street Revitalization Area
We have this house listing at 1736 W Cherry Street, Tampa, FL 33607, (close to Rome St. new development area) available for $234,900 (Owner is willing to negotiate). It’s an ideal lot to build a new home valued at approximately $580,000 (see the new construction next to this property sold 2 months ago).
Old West Tampa infill opportunity, build or hold near Tampa’s hottest lifestyle hubs. (Actual ROI 7.69%).
Just minutes to Armature Works, Midtown, Hyde Park Village, the University of Tampa, and Raymond James Stadium, this RM-16 homesite delivers prime positioning for your next project or urban pied-à-terre.
Property highlights
- Actual ROI: 7.69% Calculated ROI
- Lot: 25 × 107 (2,675 sq ft) on a quiet dead-end street; Flood Zone X.
- Zoning: RM-16 — flexible residential potential in a high-demand growth corridor.
- Existing layout: 2 bedrooms, 1 bath, 670 sf; marketed as a builder/investor play with land-value upside.
- Lifestyle: Walk/drive in minutes to Riverwalk dining, retail, and entertainment.
Why this address wins
- Location alpha: Red-hot Old West Tampa submarket with ongoing new construction and comps trending upward.
- Multiple exit strategies: Build and sell, build and hold as a luxury rental, or 1031 into your next asset.
- Speed to close: Priced aggressively at $239,900 to move in today’s market (Owner is willing to negotiate).
Ready to tour, review comps, and model your exit? Message us here, call WhatsApp +1-813-841-5341 to lock in this Old West Tampa opportunity now.
This is an exciting time for investors looking at Tampa, especially in the Rome Street district. The area around Rome Street is undergoing major urban revitalization with projects like Rome Yards, bringing modern construction, affordable housing, new infrastructure, and vibrant community spaces to West Tampa. With city investments focused on mixed-use buildings, amenities, parks, improved streets, and major developments, this district is primed to become one of Tampa’s most desirable and productive investment zones in the coming years.
Located in the heart of this transformation is 1736 W Cherry Street, Tampa, FL 33607. This property sits within the Rome Street district, directly benefiting from the new wave of development and city improvements. Its proximity to new construction, upgraded roads, green spaces, and downtown Tampa makes it an exceptional opportunity for investors seeking future growth and strong returns. As demand for housing and commercial space in West Tampa continues to rise, properties in this district offer long-term value and potential for appreciation.
For those looking to capitalize on Tampa’s rapid urban renewal, 1736 W Cherry Street represents a strategic investment in a flourishing neighborhood, with all the advantages of location, city investments, and future growth.
Rome Street in Tampa, Florida is undergoing transformative change as part of larger efforts to revive and modernize West Tampa. One of the most significant developments is the Rome Yards project, an 18-acre mixed-use, mixed-income revitalization adjacent to the Hillsborough River and close to downtown Tampa.
New Developments & Modern Construction
· Rome Yards Master Plan: This project will transform a former city maintenance yard into a vibrant neighborhood with nearly 1,000 residential units, including three mid-rise buildings and 40 townhomes. Of these, 797 units will be designated as affordable housing, while 301 are set at market rates. Amenities will include greenspaces, public art, pools, fitness trails, a splash pad, a cultural center, and a workforce training facility.
· Gallery at Rome Yards: The first phase is an 11-story residential tower named “Gallery,” offering one, two, and three-bedroom apartments. 80% of its 234 units are reserved for households at or below 80% of the area median income, with the remainder available as workforce housing. There will also be five live/work units for entrepreneurs and artists, plus a new workforce training center.
· Timeline: Gallery at Rome Yards broke ground in mid-2024 and is expected to be complete by December 2026. The larger master plan will roll out additional phases and amenities, including community gathering spaces and sustainable infrastructure.
Rome Street and its surroundings are quickly becoming a model for urban renewal in Tampa, blending modern construction, affordable housing, and community amenities. The area is attracting both new residents and businesses looking for a vibrant, sustainable, and well-connected urban environment.
If you or your investor is interested, please contact me at my cell phone number +1(813)842-5302 Office – Whatsapp or email me atmaster@investorsworld.net
















