$19.5 Million Big Cat Rescue Land Sale: Real Estate Insights and Development Potential
Discover the major real estate deal shaking up Tampa’s market! Big Cat Rescue, made famous by Netflix’s Tiger King, has sold a portion of its Tampa property for an impressive $19.5 million. This landmark transaction is a game-changer for the local real estate and development landscape. Here’s everything you need to know about the sale and its impact.
The Deal: What You Need to Know
The property, located between Citrus Park and Westchase, was sold in two segments:
- 56 acres sold to Boos Development for the construction of 280 townhomes.
- 11 acres are under contract for 300 apartments by another developer.
Combined, this sale will add over 500 new housing units to suburban Tampa, addressing the growing demand for residential development.
Real Estate Breakdown: Numbers That Matter
This high-profile deal offers valuable lessons for real estate professionals and investors.
1. Commission Potential
The $19.5 million sale could generate $1,170,000 in total commissions (6% split). Each agent might earn $585,000 before brokerage fees—truly a life-changing transaction.
2. Development Costs
- Land Cost Per Unit: For 280 townhomes, the cost per unit is approximately $69,643.
- Projected Revenue: With townhomes in the area priced between $300,000 and $500,000, developers could see $84–$140 million in total sales value.
Why This Sale Matters
Impact on Tampa’s Market
This deal underscores Tampa's thriving real estate scene. The addition of 500+ housing units will meet growing demand, spark economic growth, and reshape suburban development.
Big Cat Rescue’s Mission
The sale helps Big Cat Rescue focus on its core mission—animal welfare and advocacy—by alleviating the financial burden of property management.
Lessons for Aspiring Real Estate Professionals
This transaction highlights key real estate skills: understanding zoning laws, market trends, and development potential. It’s more than selling property—it's about creating value and envisioning possibilities.
If this inspires you, why not start your real estate journey today? Our Online Florida Real Estate Pre-Licensing Course gives you the tools to succeed in Florida’s booming market. Learn how deals like this are structured and prepare for your career in real estate.
What’s Next for Tampa?
As the Big Cat Rescue property transforms, it will serve as a cornerstone of change in Tampa’s suburbs, blending history, development, and opportunity.
📢 Want to Learn More? Watch our video breakdown for a deeper dive into the numbers and decision-making process behind this deal.
👉 Register for Classes Today and take the first step toward becoming a successful real estate professional.
Let’s shape the future of Florida real estate together!
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