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0 TAMPA ROAD

Lots/Land Active With Contract
$450,000

BTC: 7.03125000

ETH: 257.73195876

19 days
0 room(s)

Overview

Auction Property. Prime 1.03-Acre RM-5 Development Opportunity – Palm Harbor, FL. Positioned in the heart of Palm Harbor, this 1.03-acre parcel zoned RM-5 presents a rare, shovel-ready opportunity for builders and developers seeking a streamlined path to vertical construction. With allowable density of up to 5 dwelling units per acre, the site is ideally suited for up to 5 townhomes, zero lot line residences, or boutique multifamily concepts. The property is fully prepped with key infrastructure already in place, significantly reducing upfront development timelines and costs. Improvements include: 6” sewer lateral capped on-site - 2” water main installed - Underground utilities already run to an electrical pedestal - Shared ownership of ingress/egress via private road access. Tampa Road frontage with room for your signage. Beyond residential development, the RM-5 zoning allows for a range of Type 1 uses, including: Assisted living facility (ALF) - Daycare / childcare facility - Short-term rental configurations - Family residential and flexible housing concepts. Located in Flood Zone X (high and dry), the property eliminates the need for flood insurance and reduces long-term risk—an increasingly critical factor for both developers and end users.This is a true shovel-ready site—pair it with a thoughtful set of plans and move directly into permitting and construction. With infrastructure in place, flexible zoning, and strong market demand in the Palm Harbor submarket, this property is perfectly positioned for a developer looking to execute efficiently and maximize returns.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.03 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$298,500
$218K – $470K
Confidence Low
List vs. estimate
$151K above estimate
List $450,000 · +50.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,175
2025
All facts and features
  • Lot

    • Lot: 1.03 Acres

    Other Property Information

    • Parcel Number: 112815000001101110

    • Zoning: RM-5

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electricity Available

    • Phone Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $4,176

  • Source details

    • MLS ID: TB8500672

    Other facts

    • Lot Features: Buildable / In County / Level / Unincorporated

    • Direction Faces: West

    • Water Source: Public

    • Lot Size Dimensions: 238 x 185

    • Subdivision Name: ACREAGE

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY