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Investment Highlights

  • Development-ready site approved for 101 luxury townhomes with completed traffic study and Phase I ESA.
  • Potential to include a marina with docking facilities and up to 76 boat slips for direct access to Tampa Bay.
  • Majority of the property lies in Zone X (minimal flood risk), with utilities including electric, water, and sewer available.
  • Approximately 400 feet of Alafia River frontage offering river views and elevated positioning above sea level.
  • Located minutes from Interstate 75 and near major retail centers, hotels, dining, and entertainment.
  • Surrounded by accelerating residential and mixed-use growth in South Hillsborough County.

Executive Summary

This 16.96-acre land assemblage along the Alafia River presents a rare waterfront development opportunity in South Hillsborough County's rapidly expanding residential corridor. The property spans three contiguous parcels with approximately 400 feet of river frontage and elevations of 20 to 22 feet above sea level. County approvals are secured for the construction of 101 luxury townhomes with proposed lifestyle amenities such as a clubhouse, resort-style pool, riverfront access, and the potential addition of a marina accommodating up to 76 boat slips.
The site combines scenic beauty with exceptional connectivity. Direct access to Gibsonton Drive and immediate proximity to Interstate 75 allows for convenient regional commutes, while major national retailers, dining, and entertainment venues are positioned across from the property. Residents will enjoy direct boating access to Tampa Bay, expanding the site's recreational appeal. With utilities in place, a completed Phase I Environmental Assessment, and supporting traffic studies, this offering is fully prepared for an expedited development timeline. Developers and investors can capitalize on the area's sustained population and housing demand, supported by continued commercial growth and strong economic drivers in the Tampa Bay metropolitan region.

Property Facts

Price $14,036,465 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Manufactured Homes or Mobile Home Park
  • Single Family Development
Total Lot Size 16.96 AC
Zoning PUD - planned urban development

1 Lot Available

Lot

Price $14,036,465 CAD
Price Per AC $827,621.74 CAD
Lot Size 16.96 AC

With approvals in place and utilities available, developers can move quickly to capitalize on strong Tampa Bay housing demand and limited waterfront development sites.

Description

The property consists of three parcels totaling 16.96 acres along Old Gibsonton Drive in Gibsonton, FL. It is situated west of the I-75 and Gibsonton Drive interchange and includes approximately 400 linear feet of frontage along the Alafia River. The site sits roughly 20–22 feet above sea level. County approvals authorize a residential development of 101 townhomes. Existing infrastructure includes access to water, sewer, and electric. A Phase I Environmental Site Assessment and traffic study have been completed. The majority of the site is classified as Zone X, with a small area in Zone AE. The location provides immediate access to I-75 and is across from large commercial establishments, hotels, and retail centers.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • U-24-30-19-ZZZ-000001-72030.0
  • U-24-30-19-ZZZ-000001-72000.0
  • U-19-30-20-ZZZ-000003-00050.0
Land Assessment
$2,892,237 CAD
Improvements Assessment
$2,329 CAD
Total Assessment
$2,894,566 CAD
  • Listing ID: 39786143

  • Date on Market: 2026-03-15

  • Last Updated:

  • Address: 9236-9248 Old Gibsonton Dr, Gibsonton, FL 33534

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