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Waterfront Land Development Site
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12398 Bull Frog Creek Rd, Gibsonton, FL 33534

Waterfront development land in an MPUD with site plan approval for 536 multifamily units across two phases.

Property SizeContact for details
Days on Market104

Property Features for 12398 Bull Frog Creek Rd

General Information

Standard status Active
Property subtype Land
Zoning PD-MU

Additional Details

Highway Access Yes
Multifamily Units 536

Building Details

Units 536
Listing Agency: Nye Commercial Advisors
Listed By: Cody Brightwell · License #FL 3341127
Source: Crexi
Added: May 1 Changed: Aug 8 Last Checked: May 8 at 7:41AM

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 Nye Commercial Advisors

Investment Insights

Based on property information with market context.

This waterfront land development site is located within an MPUD and includes approved entitlements for 536 multifamily units, supported by site plan approval in place. The approved development is structured in two phases: Phase 1 for 280 units and Phase 2 for 256 units. The property features mature trees, a creek, and a 60-acre lake that contribute to a landscaped setting for multifamily development.

The site is in Gibsonton within Hillsborough County. It has high visibility from I-75 while being set back from the interstate to avoid traffic noise. The property is also described as being near St. Joseph’s hospital (90-bed) and Southshore Commons Mall on Big Bend Road.

Overall, the property is positioned as a planned multifamily development parcel with entitlements and site plan approval already secured, along with existing natural features that can help shape the project’s site plan and amenity environment.

Key Highlights

  • MPUD with approved entitlements for 536 multifamily units with site plan approval in place
  • Two‑phase plan: Phase 1 includes 280 multifamily units and Phase 2 includes 256 multifamily units
  • Waterfront development site featuring a 60‑acre lake

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Nail Salon Pharmacy Real Estate Agency

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

Lease Details

536
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

Demographics for 33534, FL

17,952
Population
6,219
Households
2.9
Avg Household Size
33
Median Age
19%
College-Educated
81%
High-School Grad
13.2 sq mi
ZIP Area
1,360
Density / Sq Mi
$73,600
Median Household Income
$43,091
Median Earnings
$1,364
Median Rent
$274,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront development land in an MPUD with site plan approval for 536 multifamily units across two phases.
Where is this waterfront land located?
The property is located at 12398 Bull Frog Creek Rd Gibsonton, FL.
What is the asking price?
The asking price for this property is $21,440,000.
What are key features of this property?
This property features: MPUD with approved entitlements for 536 multifamily units with site plan approval in place; Two‑phase plan: Phase 1 includes 280 multifamily units and Phase 2 includes 256 multifamily units; Waterfront development site featuring a 60‑acre lake
(440) 376-1006 Call to check price and availability
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