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.
$1,799,900.00
5116 PALM RIVER ROAD, TAMPA, FL - 33619
- Lot size: 5.69 acres
- 5 days on market
- Directions: Veterans Express (589-TOLL S), continue on Memorial Hwy / SR-60 E, take Exit 1B toward SR-616/Spruce St/Raymond James Stadium onto W Spruce St, go 5.2 miles, turn right onto N Boulevard, go 0.3 miles, take the 2nd exit from roundabout onto W Palm Ave, go 0.3 miles, take the 2nd exit from roundabout onto W Palm Avenue, go 0.7 miles, turn right onto N Nebraska Ave (SR-45), go 0.8 miles, take left ramp onto SR-618-TOLL E (Selmon Expy) toward Selmon Expressway Toll East/Brandon, go 3.0 miles, take Exit 11 onto US-41 S (S 50th St), go 0.7 miles, turn left onto Palm River Rd, go 0.2 miles to property.
- County: Hillsborough
- Geo subdivision: UNPLATTED
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Let's get in touch!
Let's get in touch!
Fernanda Pizzammiglio
Florida Realtor 🇺🇸 🇧🇷
- Source: Stellar MLS
- MLS #: TB8465241
Listing updated: January 20, 2026 at 11:37PM
Listing provided by: Michael Braccia, PA, BAY STREET COMMERCIAL LLC
Last checked 0 seconds ago
Listing provided by: Michael Braccia, PA, BAY STREET COMMERCIAL LLC
Last checked 0 seconds ago
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