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Investment Highlights

  • Heavy Traffic

Executive Summary

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.

Property Facts

Price $1,122,421 CAD
Sale Type Investment
Sale Condition REO Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 7.02 AC
Cross Streets Logan Rd.
Zoning PD/Muti-Family

1 Lot Available

Lot

Price $1,122,421 CAD
Price Per AC $159,888.99 CAD
Lot Size 7.02 AC

THAT PART OF SW 1/4 OF SEC 7-28-18 DESC AS FR SW COR OF SEC 7 N 00 DEG 45 MIN 23 SEC E 266.31 FT ALG W LINE TO POB THN N 00 DEG 45 MIN 23 SEC E 692.27 FT S 61 DEG 21 MIN 03 SEC E 400 FT THN E 320 FT S 365 FT S 78 DEG 44 MIN 21 SEC W 693.52 FT TO POB

Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
U-07-28-18-ZZZ-000000-81410.0
Land Assessment
$690,649 CAD
Improvements Assessment
$0 CAD
Total Assessment
$690,649 CAD
  • Listing ID: 40380990

  • Date on Market: 2026-05-02

  • Last Updated:

  • Address: 12591 Henderson Rd, Tampa, FL 33625

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