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5116 Palm River Road

Tampa, FL 33619
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SqFt247,856

Sqft(Lot)

Acres5.69

Acres(Lot)

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. Sitting just minutes from Downtown Tampa, Ybor City, and Brandon markets via the Selmon Expressway, this site offers an outstanding oppo rtunity to build and provide much needed workforce housing for growing Tampa 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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Detail Ic Property Details

Property Type : Land

Price : $1,799,900

AD Id : 74268882

MLS Id : MFRTB8465241

Lot Size : 5.69 Acres(Lot)

Living Area Size : 247,856

County : Hillsborough

Subdivision: Palm River

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Feature Features

  • Water Source

    WaterSource: Public

  • Lot Information

    Lot Dimensions: 124x270.4 Lot Square Feet: 247856 Lot Acres: 5.69 Lot Size (SqMt): 23027

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$1799900

  • Tax Information

    Tax Block: 1 Tax Book Number: 2-14 Tax Legal Description: LOT BEG 310 FT W AND 25 FT N OF SE COR OF NE 1/4 OF NW 1/4 OF SW 1/4 AND RUN N 295 FT E 100 FT S 185 FT AND RUN E 40 FT S 110 FT AND W TO BEG LESS PART FOR PALM RIVER RD R/W TOGETHER WITH COMM AT SW COR OF S 1/2 OF NE 1/4 OF NW 1/4 OF SW 1/4 OF SEC 2 2 RUN THN N 25 FT THN E 340 FT FOR POB THN N 150 FT THN E 10 FT THN S 150 FT THN W 10 FT TO POB Annual Tax: $1910.27 Tax Year: 2024 Parcel Number: U-22-29-19-ZZZ-000001-49740.0

  • Utility Information

    BB/HS Internet Available, Cable Available, Electricity Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: UNPLATTED City: TAMPA Direction: Veterans Express (589-TOLL S), continue on Memorial Hwy / SR-60 E, take Exit 1B toward SR-616/Spruce St/Raymond James Stadium onto W Spruce St, go 5.2 miles, turn right onto N Boulevard, go 0.3 miles, take the 2nd exit from roundabout onto W Palm Ave, go 0.3 miles, take the 2nd exit from roundabout onto W Palm Avenue, go 0.7 miles, turn right onto N Nebraska Ave (SR-45), go 0.8 miles, take left ramp onto SR-618-TOLL E (Selmon Expy) toward Selmon Expressway Toll East/Brandon, go 3.0 miles, take Exit 11 onto US-41 S (S 50th St), go 0.7 miles, turn left onto Palm River Rd, go 0.2 miles to property.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6802 Causeway Blvd, Tampa, FL, 33619 $2,800,000 -- -- -- 123,710 Sqft(Lot)
7623 S 51st Avenue, Tampa, FL, 33619 $425,000 -- -- 31,524 0.72 Acre(Lot)
7018 S 51st Avenue, Tampa, FL, 33619 $98,900 -- -- 9,600 0.22 Acre(Lot)
4415 S 70th Street, Tampa, FL, 33619 $110,000 -- -- 24,393 0.56 Acre(Lot)
4411 S 70th Street, Tampa, FL, 33619 $100,000 -- -- 47,480 1.09 Acres(Lot)
7001 Causeway Boulevard, Tampa, FL, 33619 $2,900,000 -- -- 116,300 2.67 Acres(Lot)
7207 Rhode Island Drive, Tampa, FL, 33619 $150,000 -- -- 9,042 0.21 Acre(Lot)
7201 E 21st Avenue, Tampa, FL, 33619 $1,500,000 -- -- 81,457 1.87 Acres(Lot)
6806 (LOT 45830C) New Y.., Tampa, FL, 33619 $90,000 -- -- 8,220 0.19 Acre(Lot)
6802 E Dr Martin Luther.., Tampa, FL, 33619 $650,000 -- -- 37,026 0.85 Acre(Lot)
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ByOwner last updated this listing 06/18/2026 @ 06:20

MLS: MFRMLS #TB8465241 LISTED BY: Michael Braccia, PA, BAY STREET COMMERCIAL LLC 813-254-6756 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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