Tampa, Fla. (June 19th, 2024) – Bridgewater Commercial Real Estate announces the sale of a 4.65 acre residential property in Northwest Tampa for $1.75 million after the sellers rezoned the property from RES-9 to PUD.
Shane Billings, the listing agent, originally sold the property in 2022 for $1.25 million. After the sale, he guided his client through the rezoning process to rezone the property as Planned Unit Development, which will allow for commercial, retail, and multi-family uses. With the new zoning in place, Billings was able to resell the property for $500,000 more than his client’s original investment.
“After eight years of failed contracts and false promises we signed on with Shane and closed in less than sixty days. After years of dealing with Brokers that expected the property to sell itself it was a rare pleasure to deal with a Broker who has a "hands on" approach to business like Shane. Shane's aggressive marketing strategy produced more offers in one day than all the previous Brokers combined. Once under contract he provided a timeline of all items and kept us updated throughout without having to track him down. Shane's extensive environmental background proved instrumental in completing the sale, I don't think anyone else could have pulled it off. I wouldn't hesitate to recommend Shane to any of my friends or associates because he delivers. Thanks again,” said Billing’s client.
Bridgewater Commercial Real Estate has a history of representing their clients on both the buy and sell side of a transaction, ensuring clients make a sizable profit each time. In addition to Billings’ sale in Northwest Tampa, the transactions below are few other examples.
Kris Dumke and Dan Huntington sold 1509 49th St S for $950,000 in 2019, then for $2.285M in 2023.
Dee Maret and Kris Dumke sold 12000 N 28th St for $3.75M in 2021, and again in 2022 for $4.6M.
Dan Huntington and Kris Dumke sold 6225 72nd Ave N for $700,000 in 2021, then for $1.12M in 2022.