5116 Palm River Road, TAMPA, FL

$1,799,900

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5.69

Acres

About 5116 Palm River Road

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.

Features of 5116 Palm River Road

MLS® # TB8465241
Price $1,799,900
Acres 5.69
Type Land
Sub-Type Land
Status Active
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Listing Details

OfficeBAY STREET COMMERCIAL LLC

Listing Map

Neighborhood Information for 5116 Palm River Road

Moderate Residential Turnover, Coastal Area

Weather

Highs


January 70.10℉
July 89.70℉

Lows


January 75.30℉
July 75.30℉
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Precipitation


44.77

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Palm River Elementary School

Public - Preschool to 5Th Grade - Closest Elementry School
1 Miles
Great School

Humpty Dumpty Academy

Private - to
2 Miles
Great School

Dowdell Middle Magnet School

Public - 6Th Grade to 8Th Grade - Closest Middle School
2 Miles
Great School

Oak Park Elementary School

Public - Kindergarten to 5Th Grade
2 Miles
Great School

Clair-Mel Elementary School

Public - Preschool to 5Th Grade
2 Miles
Great School

Desoto Elementary School

Public - Preschool to 5Th Grade
2 Miles
Great School

Hospital/Homebound/Homebased Programs

Public - Preschool to 12Th Grade
2 Miles

School data provided by GreatSchools

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