$1,599,000
15509 Casey Road
Tampa, FL 33624
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Exceptional investment and development opportunity in the heart of Carrollwood, one of Tampa’s most desirable and established residential markets. 15509 Casey Road presents a rare chance to acquire a property with approved site development plans for seven (7) single-family home lots, offering immediate potential for a boutique residential subdivision or custom home enclave. The current owner has completed substantial groundwork—site plan approval is in place, and three distinct floor plans have been prepared and are ready to be proposed as part of the development package. This level of readiness significantly shortens the development timeline, providing a streamlined path from acquisition to construction. The property currently features a fully renovated main residence plus two income-producing efficiency suites, providing holding income while development plans are advanced. Main Residence: 4 bedrooms, 3 baths, office, family room/man cave with wet bar, covered lanai, and pool. Suite A: Open-concept studio with kitchen and full bath, currently leased for $1,200/month. Suite B: Two-bedroom, one-bath unit with kitchen, leased for $2,000/month. Renovated in 2021, the main home features oak hardwood flooring throughout, granite countertops, hardwood cabinetry, stainless steel appliances, an outdoor kitchen with gas BBQ, and a modernized interior. The property also includes a two-car garage, a barn, well and septic systems, and a roof approximately eight years old. This asset offers multiple exit strategies—continue as a short- or long-term rental investment, utilize the existing home as a sales or model center, or redevelop the land into a new residential community. The surrounding neighborhood supports strong new-home demand, with recent comparable builds demonstrating excellent absorption and pricing trends. Strategically located minutes from major highways, top-rated schools, shopping centers, and dining, this site offers both prime accessibility and lifestyle appeal, ensuring strong buyer interest for any new development. Key Highlights: Approved site development plan for 7 single-family home lots Three proposed floor plans included in concept. Immediate rental income from two tenant-occupied suites. Desirable infill location in Carrollwood with established market demand. Utilities: Well and septic, with potential for future connection options. This is a turnkey opportunity for builders, developers, or investors seeking a project with approvals in place, income during planning, and high upside potential in one of Tampa’s strongest submarkets.
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 history139 days on market
- Status: ActiveNov 4, 2025
- Listed$1,750,000Nov 4, 2025
- Price reduced$1,599,000
Virtual Tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 139
- Subdivision
- Unplatted
- County
- Hillsborough
- Year built
- 1972
- Living area
- 2,952 sq ft
- Price/sq ft
- $542
- Lot size
- 91,476 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X (12057C0184H)
- Annual taxes
- $11,547 (2024)
- Parcel #
- U-32-27-18-ZZZ-000000-70670.0
- Zoning
- RSC-6
- MLS #
- TB8442456
Interior Details
- Flooring
- Tile
- Appliances
- Refrigerator
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Commercial Financing
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Phone Available, Public
Listing Details
- Listing date
- 2025-10-28
- On market date
- 2025-11-04
- Original list price
- $1,750,000
- Occupant type
- Owner
- MLS area
- 33624 - Tampa / Northdale
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-11-04
- Tax legal description
- TRACT BEG 556 FT E OF SW COR OF SE 1/4 OF NE 1/4 AND RUN N 330 FT E 300 FT S 330 FT AND W 300 FT TO POB LESS S 25 FT FOR RD
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
Head south toward Northdale Blvd - Turn right onto Northdale Blvd - Turn left onto Dawnview Dr - Turn right onto Casey Rd/Casey Rd Ext
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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 March 23, 2026 at 5:09 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.
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