5116 Palm River Rd

Tampa, FL 33619

$1,799,900
Price
247,856 / 5.69
Lot Size / Acres
Get preapproved with Rocket Mortgage1
a view of an ocean and a mountain
an aerial view of residential houses with outdoor space and city view
a view of city and ocean
a view of a city
a view of an ocean from a terrace
a view of a garden
a view of an ocean and beach
a view of a city with an ocean view
a view of a garden
a view of a city with lush green forest

Description

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...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. Listed by Michael Braccia, PA • Brokerage DRE #1051596 • BAY STREET COMMERCIAL LLC
    P: (813)-625-2375 C: (813)-625-2375 admin@baystreetcommercial.com

Property Details for 5116 Palm River Road

Subdivision Name
UNPLATTED
Township
29
Waterfront
No
LISTING UPDATED: 01/20/2026 06:37 PM

Property Details for 5116 Palm River Road

StatusActive
MLS #TB8465241
Days on Market84
Taxes$1,910 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size5.69 AC
CountyHillsborough County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of BAY STREET COMMERCIAL LLC, Michael Braccia, PA
Add your commute

Building Information for 5116 Palm River Road

Lot Size5.69 AC

Payment Calculator

Get preapproved with Rocket Mortgage1

$9,223 per month

30 year fixed, 6.46% Interest

Principal and Interest

$9,063

Property Taxes

$159

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5116 Palm River Road

Summary
Location and General Information
  • Building Area Units: Square Feet
  • 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.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Street Number: 5116
  • Street Name: PALM RIVER
  • Street Suffix: ROAD
  • State: FL
  • City: TAMPA
Parking
  • Available For Lease: No
Taxes and HOA Information
  • Association: No
  • Tax Block: 1
  • Tax Book Number: 2-14
  • 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
  • Tax Year: 2024
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Dimensions: 124 x 270.4
  • Parcel Number: U222919ZZZ00000149740.0
  • Total Acreage: 5 to less than 10
  • Water Access: No
  • Water Extras: No
  • Zoning: PD
  • Lot Dimensions: 124 x 270.4
Property and Assessments
  • Flood Zone Code: AE
  • Flood Zone Date: 10-07-2021
  • Flood Zone Panel: 12057C0359J
  • Public Survey Range: 19
  • Public Survey Section: 22
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for 5116 Palm River Road

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Listed (Active)

MFRMLS #TB8465241

$1,799,900—
Aug 29, 2023

Withdrawn

MFRMLS #U8159903

$1,999,000—
Apr 24, 2022

Listed (Active)

MFRMLS #U8159903

$2,700,000—
Jul 25, 2021

Expired

MFRMLS #T3286961

$1,450,000—
Jan 31, 2021

Listed (Active)

MFRMLS #T3286961

$990,000—
Nov 30, 2020

Expired

MFRMLS #T3245274

$1,250,000—
Jun 2, 2020

Listed (Active)

MFRMLS #T3245274

$1,250,000—
Dec 5, 2005

Expired

MFRMLS #T2118462

$1,750,000—
Sep 5, 2005

Listed (Active)

MFRMLS #T2118462

$1,750,000—
Aug 9, 2005

Expired

MFRMLS #T2099566

$1,750,000—
May 9, 2005

Listed (Active)

MFRMLS #T2099566

$1,750,000—
May 5, 2004

Sold (Public Record)

Public Record #134683865

$140,000

+333.6% / yr

Dec 12, 2003

Sold (Public Record)

Public Record #125820096

$78,200—
DateEvent & SourcePrice
01/15/2026

Listed (Active)

MFRMLS #TB8465241

$1,799,900
08/29/2023

Withdrawn

MFRMLS #U8159903

$1,999,000
04/24/2022

Listed (Active)

MFRMLS #U8159903

$2,700,000
07/25/2021

Expired

MFRMLS #T3286961

$1,450,000
01/31/2021

Listed (Active)

MFRMLS #T3286961

$990,000
11/30/2020

Expired

MFRMLS #T3245274

$1,250,000
06/02/2020

Listed (Active)

MFRMLS #T3245274

$1,250,000
12/05/2005

Expired

MFRMLS #T2118462

$1,750,000
09/05/2005

Listed (Active)

MFRMLS #T2118462

$1,750,000
08/09/2005

Expired

MFRMLS #T2099566

$1,750,000
05/09/2005

Listed (Active)

MFRMLS #T2099566

$1,750,000
05/05/2004

Sold (Public Record)

Public Record #134683865

$140,000

+333.6% / yr

12/12/2003

Sold (Public Record)

Public Record #125820096

$78,200

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5116 Palm River Road

Taxable ValueLand$154,236Additions-Total$154,236
Tax Record2025$2,161 ($180 / month)
Home Facts
Beds3Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories1Lot Size33,530 SqFtStyleResidentialYear Built1964ZoningPDCountyHILLSBOROUGHAPNU222919ZZZ000001497400

Schools near 5116 Palm River Road

This home is within Hillsborough.
Rating
School
Type
Grades
Distance
Palm River Elementary School
Public - PK to 5
Giunta Middle School
Public - 6 to 8
Blake High School
Public - 9 to 12
Franklin Middle Magnet School
Public - 6 to 8
Rating
School
Distance
Palm River Elementary School
PublicPK to 5

Giunta Middle School
Public6 to 8

Blake High School
Public9 to 12

Franklin Middle Magnet School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 5116 Palm River Road, Tampa, FL 33619

5116 Palm River Road is a 5.69 ac of land for sale in Tampa, FL 33619. This property was listed for sale on January 15, 2026 by BAY STREET COMMERCIAL LLC, it's currently listed at $1,799,900. It has been on the market for a total of 84 days and was last sold on May 5, 2004. This listing's school district is Hillsborough. Nearby schools include Palm River Elementary School, Giunta Middle School and Blake High School. 5116 Palm River Road is a 0-bed, 0-bath, 5.69 ac of land on a 247,856 sq. ft. / 5.69 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BAY STREET COMMERCIAL LLC, Michael Braccia, PA

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/20/2026 06:37 PM