Samantha Parker
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Land at 5116 PALM RIVER RD, TAMPA
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10 photos

$1,799,900

5116 PALM RIVER RD
TAMPA, FL 33619
Listed by Michael Braccia, PA · BAY STREET COMMERCIAL LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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 opportunity 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.

Property details

MLS #
MFRTB8465241
Property type
Land
Subdivision
UNPLATTED
Status
Active
Days on market
223
On market date
January 15, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
5.69 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
PALM RIVER ELEMENTARY SCHOOL
0.79 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
394
Student:teacher ratio
11.3:1
District
HILLSBOROUGH
Middle
DOWDELL MIDDLE MAGNET SCHOOL
1.71 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
552
Student:teacher ratio
21.2:1
District
HILLSBOROUGH
High
AMI KIDS TAMPA
2.37 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
42
Student:teacher ratio
10.5:1
District
HILLSBOROUGH

Mortgage calculator

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Est. monthly payment
$10,989/mo
$359,980 down
$1,439,920 loan
Principal & interest$9,339
Property tax (est.)$1,500
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 1 days ago.

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.