For sale

$1,799,900

Est. $11,037/mo

Land

•

5.69

acres (lot)

5116 Palm River Rd, Tampa, FL 33619

About this home

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.

Vacant landProperty Type

5.69 acresLot Size

$316,327Price/Acres

Listed by Michael Braccia, PA • BAY STREET COMMERCIAL LLC

Contact: 813-254-6756

Listing updated: Sep 25, 2026 at 06:07pm

Redfin checked: a minute ago

•Source:Stellar MLS as Distributed by MLS Grid #TB8465241

Payment calculator

$11,037 per month

Principal and interest$10,068

Property taxes

$159

HOA dues

Home insurance

$810

Utilities

Add

Affordability tools

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Open houses

No upcoming open houses.

Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

Palm River Elementary School

Public PreK-5 • Assigned • 0.8mi

3/10

Dowdell Middle Magnet School

Public 6-8 • Assigned • 1.7mi

2/10

Blake High School

Public 9-12 • Assigned • 4.3mi

2/10

Provided by GreatSchools

About Greater Palm River

Point

Greater Palm River Point, located between the Palm River and McKay Bay, is a waterfront and industrial-adjacent Palm River-Clair Mel neighborhood with working marinas and low-slung residential streets. The neighborhood’s character concentrates around the US-41 (Causeway Blvd) and 50th St S corridor, where bait shops, boat yards, and no-frills local eateries line the drive. The Tampa Bypass Canal and river bends shape the scenery, with docks and mangroves framing many blocks. Housing reads as practical Florida—single-story homes, small lots, and pockets of newer infill near the water. Daily life tracks the shoreline, with fishing access and boat traffic setting the tempo. Commutes and errands often orbit the Causeway’s bridges and industrial frontage roads.

Provided by Walk Score and Local Logic

Property details

Exterior
Finance

Exterior features
Asphalt road frontage
Frontage approximately 124 feet
Lot dimensions about 124 x 270.4
Land designated for residential use

Home design
Vacant land (property type: Land)
Planned Development (PD) zoning

Construction
Parcel of about 5.69 acres (5 to less than 10 acres)

Utilities
Public water available
Public sewer available
Cable available
Broadband/high-speed internet available
Electricity available

Sale and tax history for 5116 Palm River Rd

Sale History
Tax History

Date

Event

Price

Stellar MLS as Distributed by MLS Grid #TB8465241

Jan 15, 2026

Listed

$1,799,900

Stellar MLS as Distributed by MLS Grid #U8159903

Aug 29, 2023

Listing Removed

—

Apr 24, 2023

Listing Removed

—

Stellar MLS as Distributed by MLS Grid #T3286961

Jul 25, 2021

Listing Removed

—

Stellar MLS as Distributed by MLS Grid #T3245274

Nov 30, 2020

Listing Removed

—

Public Records

Apr 26, 2005

Sold

$258,000

Public Records

May 5, 2004

Sold

$140,000

Public Records

Dec 12, 2003

Sold

$78,200

Public Records

Dec 1, 1991

Sold

$42,400

Public Records

May 1, 1982

Sold

$72,200

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

124 ft.

Lot depth

270 ft.

Lot size

0.77 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Hillsborough County

APN

0435360000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 30, 2026.

Planned Development District

The PD District is intended to be used when unified, large scale, mixed use developments are proposed in areas lacking a predominant urban/suburban development pattern and adjacent land use compatibility is not a significant factor. Broad, general concept plans would be permitted with limited flexibility to accommodate land use changes in response to evolving market conditions.

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 108° expected this year, 23 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Tampa, FL • 33619

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 13% for direct sun exposure in Tampa. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.8 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5116 Palm River Rd

$1,594,761

$205K under list price of $1.80M

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $300K to $1.4M.

SOLD OCT 2, 2026
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smaller lot
SOLD MAY 1, 2026
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Land— sq ft
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Land— sq ft
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SOLD MAR 16, 2026
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4 beds2.5 baths1,340 sq ft
5805 Hammon Dr, Tampa, FL 33619
smaller lot
SOLD OCT 5, 2026
$369,000 Last sold price
5 beds2.5 baths1,456 sq ft
5802 12th Ave S, Tampa, FL 33619
smaller lot

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Details provided by Stellar MLS as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 5116 Palm River Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5116 Palm River Rd

Early Access listings

Nearby similar homes

New listings for sale in 33619

More real estate resources