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Citrus Park Multifamily Development Opportunity
For Sale
$800,000

12591 Henderson Rd, Tampa, FL 33619

7.05-acre parcel approved for multifamily development in Citrus Park.

Property SizeContact for details
Lot Size7.05 Acres
Days on Market180

Property Features for 12591 Henderson Rd

General Information

Standard status Active
Lot size 7.05 Acres
Property subtype Vacant Land
Listing Agency: FRANK ALBERT REALTY
Listed By: Geri Sanchez
Source: Fulcrum-residential
Added: Apr 22 Changed: Oct 11 Last Checked: Oct 4 at 3:41PM

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 FRANK ALBERT REALTY

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Investment Insights

Based on property information with market context.

This 7.05-acre parcel, located on Henderson Road just south of Gunn Highway in Citrus Park, presents a development opportunity. Approved within a Planned Development, the property allows for up to 12 multifamily dwelling units according to the Final Conditions of Approval. The site includes over an acre of upland suitable for construction, which overlooks approximately 6 acres of private conservation and natural wetlands. This configuration allows for a design that integrates the natural surroundings for privacy. Standard site work, including land clearing, environmental coordination, and infrastructure planning, will be necessary. The existing PD approval enables a developer to proceed directly to site planning and permitting. The site is positioned for a boutique residential project within a growing area of Hillsborough County. Subject to county approvals, rezoning, or PD modification, the property may also accommodate alternative development concepts. The property is suited for an experienced developer looking for a manageable project with entitlement clarity and the ability to design around environmental features. Buyers should verify all development parameters, upland acreage, environmental considerations, utility availability, and any potential for alternative uses.

Key Highlights

  • Approved Planned Development allows up to 12 multifamily units.
  • 7.05‑acre parcel with over an acre of upland suitable for development.
  • Bypasses full rezoning, allowing direct move to site planning and permitting.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Electrical Service Furniture & Home Goods Accounting Firm

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

720
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7.05-acre parcel approved for multifamily development in Citrus Park.
Where is this residential land & home lot located?
The property is located at 12591 Henderson Rd Tampa, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Approved Planned Development allows up to 12 multifamily units.; 7.05‑acre parcel with over an acre of upland suitable for development.; Bypasses full rezoning, allowing direct move to site planning and permitting.
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