5116 Palm River Road, FL
Stellar MLS

$1,799,900

5116 Palm River Road

Tampa, FL 33619

Listing updated: January 20, 2026 at 6:34 PM ET

Active
0
Baths
5.69
Acres
5.69 acres$7/sqft360° tour
Land

Property type

247,856 sqft

Lot size

$7

Price / sq ft

No HOA

HOA dues

5

Days on market

AE

Flood zone

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.

Estimated monthly payment

Principal & interest$9,101
Property taxes$159
Home insurance (est.)$825

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 history5 days on market

  1. Status: Active
    Jan 15, 2026
  2. Listed$1,799,900
    Jan 15, 2026
  3. Price increased$1,799,900

Facts & features

Property type
Land
Status
Active
Days on market
5
Subdivision
Unplatted
County
Hillsborough
Price/sq ft
$7
Lot size
247,856 sq ft
Lot category
5 to less than 10
Flood zone
AE (12057C0359J)
Annual taxes
$1,910 (2024)
Parcel #
U-22-29-19-ZZZ-000001-49740.0
Zoning
PD
MLS #
TB8465241

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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
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Available

Listing Details

Listing date
2026-01-14
On market date
2026-01-15
Original list price
$1,799,900
MLS area
33619 - Tampa / Palm River / Progress Village
Listing AOR
Suncoast Tampa
Status changed
2026-01-15
Tax legal description
LOT BEG 310 FT W AND 25 FT N OF SE COR OF NE 1/4 OF NW 1/4 OF SW 1/4 AND RUN N 295 FT E 100 FT S 185 FT AND RUN E 40 FT S 110 FT AND W TO BEG LESS PART FOR PALM RIVER RD R/W TOGETHER WITH COMM AT SW COR OF S 1/2 OF NE 1/4 OF NW 1/4 OF SW 1/4 OF SEC 2 2 RUN THN N 25 FT THN E 340 FT FOR POB THN N 150 FT THN E 10 FT THN S 150 FT THN W 10 FT TO POB

Flood risk

High riskFEMA Zone AEPanel 12057C0359J

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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.

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MLS GRID

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 January 20, 2026 at 6:34 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