$715,000
About this home
Rare opportunity to acquire 2.23 acres in a rapidly growing area of Tampa. Located at 5105 N 45th Street, this RS-50 zoned property offers exceptional redevelopment and investment potential while generating immediate utility from the existing improvements. The property currently features a spacious 3,492-square-foot main residence built in 2005, offering 3 bedrooms and 2.5 bathrooms, as well as a separate 352-square-foot guest house built in 2007 with 2 bedrooms and 1 bathroom. Whether utilized as a primary residence, rental income opportunity, or interim holding asset, the existing structures provide flexibility while planning future development. With over two acres of land in a desirable Tampa location, this property presents a unique opportunity for builders, developers, investors, or end users seeking to capitalize on the area's continued growth. The RS-50 zoning and substantial land area create potential for subdivision, redevelopment, or other residential development opportunities, subject to county approvals and due diligence. Conveniently located near major roadways, employment centers, shopping, dining, and downtown Tampa, opportunities of this size and scale are becoming increasingly scarce. Explore the possibilities and unlock the full potential of this exceptional development site. Buyer to verify all zoning, land use, development potential, and subdivision possibilities with Hillsborough County.
Property details
- MLS
- Stellar MLS
- MLS #
- MFRTB8514325
- Property type
- Land
- Subdivision
- GALLOWAY HEIGHTS
- Status
- Active
- Days on market
- 41
- On market date
- June 8, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 2.23 acres
Location
Get directions →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.
- Enrollment
- 417
- Student:teacher ratio
- 13.9:1
- District
- HILLSBOROUGH
- Enrollment
- 825
- Student:teacher ratio
- 18.8:1
- District
- HILLSBOROUGH
- Enrollment
- 50
- Student:teacher ratio
- 3.8:1
- District
- HILLSBOROUGH
Walkability
Blended score for TAMPA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in TAMPA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 19, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.