Land at 5924 RIVER TER, TAMPA
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$1,000,000

5924 RIVER TER
TAMPA, FL 33604
Listed by Frank Albert · FRANK ALBERT REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Exceptional opportunity to secure a prime piece of land thats perfect for a huge luxury estate, or 3 spacious new construction homes. With partial river views in one of Seminole Heights most desirable streets, this home is a rare piece of Tampa real estate. This property offers a rare combination of location, water proximity, and development potential, making it ideal for builders, investors, or those looking to build a one of a kind dream home. Positioned at the end of River Terrace, on a cul-de-sac, the lot provides scenic partial views of the river, adding a premium lifestyle element that will significantly enhance future resale value.The true value lies in its potential, this property can accommodate up to three homes, offering a unique opportunity to maximize density and return on investment. Whether you’re planning new construction for resale, long-term rental income, or a boutique development concept, the possibilities here are substantial. Located just minutes from Downtown Tampa, Armature Works, Ybor and the Riverwalk, this area continues to see strong growth, new construction activity, and increasing demand for homes near the water. With close proximity to major roadways, dining, entertainment, and Tampa’s vibrant urban core, this lot offers both lifestyle appeal and strong long-term upside. Opportunities to build multiple homes with river views in central Tampa are extremely limited, this is your chance to capitalize on a high-potential property. Bring your builder, your vision, and unlock the full value of this unique River Terrace opportunity. NOTE: when typing in the address to view the site, its the large round grass patch in the center of the cul-de-sac, NOT the 5924 river house...that portion is getting sub-divided off and not included.

Property details

MLS #
MFRTB8491139
Property type
Land
Subdivision
IDLEWILD ON THE HILLSBOROUGH
Status
Active
Days on market
N/A
On market date
April 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.5 acres
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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.

Elementary
OAK GROVE ELEMENTARY SCHOOL
0.61 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
713
Student:teacher ratio
15.2:1
District
HILLSBOROUGH
Middle
MEMORIAL MIDDLE SCHOOL
1.4 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
655
Student:teacher ratio
19.3:1
District
HILLSBOROUGH
High
HILLSBOROUGH HIGH SCHOOL
1.26 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,992
Student:teacher ratio
21.2:1
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).

84
Highly walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks13
Schools13
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in TAMPA, from live MLS data.

On the market 0 days -- 83 fewer days than TAMPA's current average of 83 days.
For reference, the median list price across 6,089 active listings in TAMPA right now is $344,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,172/mo
$200,000 down
$800,000 loan
Principal & interest$5,189
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated April 10, 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.