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Palm River Townhome Development Site
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5116 Palm River Rd, Tampa, FL 33619

5.69-acre townhome development site near Downtown Tampa.

Property SizeContact for details
Days on Market283

Property Features for 5116 Palm River Rd

General Information

Standard status Active
Property subtype LAND
Listing Agency: William D. Besselieu
Listed By: Bill Besselieu
Source: Andrettaproperties
Added: Nov 24, 2025 Changed: Sep 3 Last Checked: Sep 1 at 9:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William D. Besselieu

Investment Insights

Based on property information with market context.

This 5.69-acre Palm River townhome development site comprises 5 parcels, stretching over 700 feet from 51st to 52nd Street along Palm River Road. The site, zoned PD - Planned Development, is almost completely cleared and is near newer high-end homes constructed along the Palm River's edge. A prior PD site plan was approved. Hillsborough County's wastewater service expansion through Phase 3 of the Palm River S2S Project is scheduled for Fall of 2026. The owner is seeking increased density and a possible amendment and modification to the existing PD. Located in Tampa near S 50th Street and just south of the Selmon Expressway, the site is minutes from Downtown Tampa, Ybor City, and Brandon. With a traffic count of 33,000, this site offers an opportunity to build workforce housing for the growing Tampa Bay MSA.

Key Highlights

  • 5.69 acre Palm River townhome development site.
  • Prior PD site plan approved, potentially saving considerable development time.
  • Hillsborough County wastewater service expansion (Phase 3) scheduled for Fall 2026, offering potential development savings.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby

Demographics for 33619, FL

39,881
Population
15,360
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
27.5 sq mi
ZIP Area
1,450
Density / Sq Mi
$63,193
Median Household Income
$38,448
Median Earnings
$1,618
Median Rent
$220,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 5.69-acre townhome development site near Downtown Tampa.
Where is this land located?
The property is located at 5116 Palm River Rd Tampa, FL.
What are key features of this property?
This property features: 5.69 acre Palm River townhome development site.; Prior PD site plan approved, potentially saving considerable development time.; Hillsborough County wastewater service expansion (Phase 3) scheduled for Fall 2026, offering potential development savings.
More about this property
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