$8,999,999
About this home
16.96 Acres on the Alafia River Prime Waterfront Development Opportunity – 16.96 Acres on the Alafia River Investors, Developers, and Builders — this is a rare opportunity to acquire 16.96 acres of waterfront property approved for development of 101 luxury townhomes in one of the fastest-growing areas of South Hillsborough County. Located just west of the I-75 and Gibsonton Drive interchange, this exceptional property includes three parcels (9234, 9236, and 9248 Old Gibsonton Drive) and offers approximately 400 feet of frontage along the scenic Alafia River. The site features a 16-foot embankment overlooking the river, providing elevated views and an ideal setting for a luxury waterfront townhome community. County approvals allow for development of 101 upscale townhomes, along with amenities such as a clubhouse, resort-style pool, river access, and potential marina with dock and up to 76 boat slips. Residents would enjoy direct boating access with a short ride to the open waters of Tampa Bay. The property is ideally situated directly across from major national retailers and hotels, including Walmart, Cracker Barrel, a national hotel chain, movie theater, and numerous restaurants and shopping options, making it an attractive location for future residents. Key highlights include: 16.96 acres total across three parcels 400 feet of Alafia River frontage Approved for 101 luxury townhomes Potential marina with dock and 76 boat slips Electric, water, and sewer available Phase I Environmental Site Assessment completed Traffic study completed Elevation 20–22 feet above sea level Majority of property located in Zone X (No Flood Zone) with a small portion in Zone AE Minutes to Interstate 75 Easy boating access to Tampa Bay Surrounded by rapid residential and commercial growth, this site offers developers the opportunity to build a premier waterfront townhome community in a high-demand corridor of the Gibsonton area.
Highlights
Property details
- MLS
- Stellar MLS
- MLS #
- MFRTB8485494
- Property type
- Land
- Subdivision
- UNPLATTED
- Status
- Active
- Days on market
- 156
- On market date
- March 15, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 16.96 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
- 515
- Student:teacher ratio
- 13.9:1
- District
- HILLSBOROUGH
- Enrollment
- 813
- Student:teacher ratio
- 18.9:1
- District
- HILLSBOROUGH
- Enrollment
- 1,725
- Student:teacher ratio
- 23.0:1
- District
- HILLSBOROUGH
Walkability
Blended score for GIBSONTON'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 GIBSONTON, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 18, 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.