$1,250,000

About this home

RARE DEVELOPMENT OPPORTUNITY IN CARROLLWOOD | 7 APPROVED SINGLE-FAMILY LOTS Exceptional investment and development opportunity in the heart of Carrollwood, one of Tampa’s most desirable and established residential markets. 15509 Casey Road offers an unusually compelling opportunity to acquire a property with approved site development plans for seven (7) single-family residential lots, creating the potential for a boutique subdivision or private custom-home community in a highly sought-after Tampa location. The current owner has already completed significant preliminary work, with site development plans approved for the 7-lot concept, providing a valuable head start for a developer or builder and potentially reducing the time and expense associated with the initial planning and entitlement process. In addition, two residential floor plans have been developed, providing a starting point for a cohesive new-home community and allowing the next owner to move more efficiently toward the construction phase. The existing property provides additional flexibility and value during the development transition. The site currently features a renovated 4-bedroom, 3-bath residence with a pool, along with two independent ADUs of approximately 500 SF and 900 SF. These additional structures offer potential for rental income, owner use, temporary housing, office space, or other strategic uses while development plans are advanced, subject to applicable approvals and regulations. The property's location is a major component of its appeal. Situated in established Carrollwood, the site offers convenient access to major roadways, shopping, dining, schools, parks, employment centers, and Tampa's major destinations, making it an attractive location for future residential development. For builders, developers, and investors seeking a residential development opportunity with substantial preliminary work already completed, this property offers a rare combination of location, scale, existing improvements, and approved development potential. Seven approved single-family lots. Existing residential improvements. Two additional ADUs. Preliminary development work completed. Three floor plans prepared. Prime Carrollwood location. An opportunity to acquire a development site with a significant head start and bring a new residential vision to one of Tampa's established communities.

Property details

MLS #

MFRTB8553053

Property type

Multi-Family 5+

Subdivision

UNPLATTED

Status

Active

Days on market

N/A

On market date

September 28, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

2.1 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).