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5116 Palm River Rd - 5.69 ACRES FOR DEVELOPMENT ZONED 40 TOWNHOUSE 5.69 Acres of Commercial Land Offered at $1,799,900 in Tampa, FL 33619
INVESTMENT HIGHLIGHTS
- Available for Sale - 5.69 Acre Palm River Rd - 40 Unit Townhome Planned Development - Tampa, FL 33619
- Site is almost completely cleared and shadows several newer high-end homes that have recently been constructed along the Palm River's edge
- An outstanding opportunity to build and provide much needed workforce housing for growing Tamba Bay MSA needs
- 5.69 acre Palm River townhome development site consists of 5 parcels and stretches street to street (51st to 52nd) for over 700 ft along Palm River Rd
- Prior PD site plan approved - Purchaser will enjoy considerable time savings to either develop according to the existing plan or modify to their specs
- Detailed Sale Brochure Under Links
EXECUTIVE SUMMARY
Disclaimer: All references to potential development are based upon Future Land Use in the municipal development code. Brokers make no representations as to allowable use or development limits. Purchaser should consult professionals and the local municipality to determine property suitability.
Located in Tampa near S. 50th Street and just south of the Selmon Expressway.
PROPERTY FACTS
| Price | $1,799,900 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.69 AC |
| Property Type | Land | ||
| Zoning | PD - Planned Development | ||
| Price | $1,799,900 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.69 AC |
| Zoning | PD - Planned Development |
1 LOT AVAILABLE
Lot
| Price | $1,799,900 | Lot Size | 5.69 AC |
| Price Per AC | $316,326.89 |
| Price | $1,799,900 |
| Price Per AC | $316,326.89 |
| Lot Size | 5.69 AC |
5.69 acre Palm River townhome development site consists of 5 parcels and stretches street to street (51st to 52nd) for over 700 ft along Palm River Road.
DESCRIPTION
Available for Sale - 5.69 Acre Palm River Rd - 40 Unit Townhome Planned Development - Tampa, FL 33619 NOTE: OFFERING IS CO-LISTED WITH ANDRETTA PROPERTIES, BILL BESSELIEU (813-263-5854) - This 5.69 acre Palm River townhome development site consists of 5 parcels and stretches street to street (51st to 52nd) for over 700 ft along Palm River Road. The site is almost completely cleared and shadows several newer high-end homes that have recently been constructed along the Palm River's edge. With a prior PD site plan approved, the purchaser will enjoy considerable time savings to either develop according to the existing plan or modify to fit their own design specifications, as well as a huge development savings as Hillsborough County continues waste water service expansion through Phase 3 of the Palm River S2S Project scheduled for Fall of 2026. The owner is currently seeking increased density and a possible amendment and modification to the existing PD. Sitting just minutes from Downtown Tampa, Ybor City, and Brandon markets via the Selmon Expressway, this site offers an outstanding opportunity to build and provide much needed workforce housing for growing Tamba Bay MSA needs. Disclaimer: All references to potential development are based upon Future Land Use in the municipal development code. Brokers make no representations as to allowable use or development limits. Purchaser should consult professionals and the local municipality to determine property suitability. Located in Tampa near S. 50th Street and just south of the Selmon Expressway.
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5116 Palm River Rd - 5.69 ACRES FOR DEVELOPMENT ZONED 40 TOWNHOUSE
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