5.69 Acre Palm River Rd - 40 Unit Townhome Planned Development

Located in Tampa near S. 50th Street and just south of the Selmon Express, offering easy access to surrounding areas.NOTE: THIS OFFERING IS CO-LISTED WITH ANDRETTA PROPERTIES, BILL BESSELIEU (813-263-5854) This 5.69 acre Palm River townhome development site consists of 5 parcels and stretches street to street (51st to 52nd) for over 700 feet along Palm River Rd. 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. The owner is currently seeking increased density and a possible amendment and modification to the existing PD. 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 the growing Tambay 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.