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Palm River Development Opportunity
For Sale
$1,799,900

5116 PALM RIVER ROAD, Tampa, FL 33619

5.69 acre townhome development site near Downtown Tampa.

Property SizeContact for details
Lot Size5.69 Acres
Days on Market205

Property Features for 5116 PALM RIVER ROAD

General Information

Standard status Active
Lot size 5.69 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,910

Amenities

Pool
Public Pool
Listing Agency: BAY STREET COMMERCIAL LLC
Listed By: MICHAEL BRACCIA, PA · License #3033512
Source: Corcoran
Added: Jan 16 Changed: Aug 8 Last Checked: Jul 16 at 5:58AM

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 BAY STREET COMMERCIAL LLC

Investment Insights

Based on property information with market context.

This 5.69-acre Palm River townhome development site comprises 5 parcels, stretching street to street (51st to 52nd) for over 700 ft along Palm River Road. The site, located in Tampa near S. 50th Street and just south of the Selmon Expressway, is almost completely cleared and shadows several newer high-end homes recently constructed along the Palm River's edge. A prior PD site plan has been approved. Hillsborough County continues waste water service expansion through Phase 3 of the Palm River S2S Project scheduled for Fall of 2026. This site offers an outstanding opportunity to build and provide much needed workforce housing for growing Tampa Bay MSA needs, sitting just minutes from Downtown Tampa, Ybor City, and Brandon markets via the Selmon Expressway.

Key Highlights

  • 5.69 acre townhome development site with street‑to‑street access (51st to 52nd).
  • Prior PD site plan approved, saving time and potentially money on development.
  • Located minutes from Downtown Tampa, Ybor City, and Brandon via the Selmon Expressway.

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?
Residential land & home lot - 5.69 acre townhome development site near Downtown Tampa.
Where is this residential land & home lot located?
The property is located at 5116 PALM RIVER ROAD Tampa, FL.
What is the asking price?
The asking price for this property is $1,799,900.
What are key features of this property?
This property features: 5.69 acre townhome development site with street‑to‑street access (51st to 52nd).; Prior PD site plan approved, saving time and potentially money on development.; Located minutes from Downtown Tampa, Ybor City, and Brandon via the Selmon Expressway.
More about this property
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