$999,000
11224 Restwood Drive
Gibsonton, FL 33534
Listing updated: April 29, 2026 at 1:06 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
This waterfront multifamily site has existing income and future development potential. Spanning 1.025 cleared acres, this quiet and beautiful site is set back off the main roads and borders Bullfrog Creek with direct access to Tampa Bay. Completely fenced and gated, the site has a new asphalt roadway and poured driveways. Mobile Home / RV plumbing connections are already stubbed out for 7 units and there are 4 existing electrical meters and panels. The site is RSC-6 zoned lot with a Future Land Use of Residential 6. * Part of Hillsborough County's Septic to Sewer Program - See Documents Section 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 Gibsonton next to 41 and S. Tamiami Trail and west of I-75 and US 301, offering easy access to surrounding areas.
Local Insight
At just $33 per square foot for a full acre in Gibsonton, you're getting land at a competitive price point, but you'll need to verify what the actual development potential is—whether it's zoned for residential, commercial, or if there are any utility/infrastructure constraints that would affect building costs. The X flood zone is a major plus compared to much of the Tampa Bay area, and no HOA means you have full control, though that also means you're responsible for any infrastructure improvements on your own dime. The 360° tour is helpful for understanding the lot layout, but a serious buyer should dig into county records for any easements, title issues, or why this particular parcel hasn't sold at this price point already.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history293 days on market
- Status: ActiveJul 10, 2025
- Listed$1,499,900Jul 10, 2025
- Price reduced$999,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 293
- Subdivision
- Garden City Rev Map Of
- County
- Hillsborough
- Price/sq ft
- $33
- Lot size
- 30,019 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X
- Annual taxes
- $5,852 (2024)
- Parcel #
- U-26-30-19-1RZ-000005-00011.2
- Zoning
- RSC-6
- MLS #
- TB8406109
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Other
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- See Remarks
- Utilities
- Electricity Available, Other
Listing Details
- Listing date
- 2025-07-09
- On market date
- 2025-07-10
- Original list price
- $1,499,900
- MLS area
- 33534 - Gibsonton
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-07-10
- Tax legal description
- GARDEN CITY REVISED MAP OF LOTS 11 AND 12 LESS NORTH 400 FT BLOCK 5
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Veterans Express (SR-589-TOLL S), continue on Memorial Hwy, keep left onto Memorial Hwy (SR-60 E) toward Kennedy Blvd, 3.7 miles, turn right onto S Willow Ave, go 0.2 miles, turn left onto W Platt St, go 56 ft, take left ramp onto SR-618-TOLL E (Selmon Expy) toward Selmon Expressway Toll East., go 4.7 miles, take exit 11 onto US-41 S (S 50th St), 8.1 miles, turn right onto Beach Ave, go 0.1 mile, turn left onto Restwood Dr, go 0.1 mile to property.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 29, 2026 at 1:06 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA