For sale· 158 days on market

12591 HENDERSON Road

Tampa, FL, 33619·MLS# TB8499977

$800,000

Estimated $5,238/mo estimated

7.02 ac
Lot size
  • Land
  • 7.02 acre lot

About this home

INTERESTED BUYERS: The Seller's Preferred lender is offering up to $5,000 towards the Buyers Closing Costs for a limited time. Restrictions apply. This land lot is a rare opportunity to acquire a 7.05-acre parcel within an approved Planned Development, permitting up to 12 multifamily dwelling units per the Final Conditions of Approval. The property features over an acre of upland suitable for development, overlooking approximately 6 acres of private conservation and natural wetlands. The site presents a unique development scenario where the allowable unit count is concentrated within the upland area, creating an opportunity for a well-designed, efficient layout such as townhomes, duplex-style residences, or a compact multifamily concept that leverages the natural surroundings for privacy and buffer. The property will require standard site work typical of development in the area, including land clearing, environmental coordination, and infrastructure planning. The existing PD approval provides a defined entitlement framework, allowing a developer to bypass full rezoning and move directly into site planning and permitting. Located on Henderson Road just south of Gunn Highway in the heart of Citrus Park, opportunities like this are increasingly limited. The site offers strong positioning for a boutique residential project in a growing corridor of Hillsborough County. In addition to its current multifamily entitlement, the property may present potential for alternative development concepts, subject to county approvals, rezoning, or PD modification. Buyers are encouraged to conduct their own due diligence to explore other permissible uses that may align with their development objectives. This offering is best suited for an experienced developer seeking a manageable-scale project with entitlement clarity and the ability to design around environmental features. Buyer to verify all development parameters, upland acreage, environmental considerations, utility availability, and any potential for alternative uses. Contact agent for supporting documentation. Address is estimated.

Facts & features

Property

Type
Land
Lot size
7.02 acres

Financial

Annual taxes
$7,500

Estimate your monthly payment

$160,000

$5,238/ month estimated

  • Principal & interest$4,172
  • Property tax$733
  • Insurance$333

Illustrative estimate — not a lending offer.

Investor tools

See flip, rental and BRRR numbers for this home.

Location

Tampa, FL

Around Tampa

Homes for sale in Tampa

As of Oct 23

Asking prices in Tampa run from $49,900 to $24,500,000. The middle ask is $437,163. This home asks $800,000.

Homes for sale
3,678
Middle ask
$437,163
New this week
209

These numbers use homes for sale only.

Similar homes nearby

Courtesy of FRANK ALBERT REALTY

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Listing data courtesy of FRANK ALBERT REALTY. My request routes to reThought Real Estate in DashBrew CRM.

$800,000

12591 HENDERSON Road, Tampa · $800,000 | reThought Real Estate