15509 CASEY RD, Tampa, FL 33624
15509 CASEY RD, Tampa, FL 33624
15509 CASEY RD, Tampa, FL 33624
15509 CASEY RD, Tampa, FL 33624
15509 CASEY RD, Tampa, FL 33624
15509 CASEY RD, Tampa, FL 33624
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$ 1,599,000
Est. payment | /mo

2,952 SqFt


$ 1,599,000
Est. payment | /mo

2,952 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 2,952 sqft

Price per Sqft $541

Subdivision Unplatted

MLS Listing ID TB8442456

Construction Status Completed

HOA Y/N No

Year Built 1972

Annual Tax Amount $11,547

Lot Size 2.100 Acres

Acres 2.1

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Exceptional investment and development opportunity in the heart of Carrollwood, one of Tampa's most desirable and established residential markets. 15509 Casey Road presents a rare chance to acquire a property with approved site development plans for seven (7) single-family home lots, offering immediate potential for a boutique residential subdivision or custom home enclave. The current owner has completed substantial groundwork—site plan approval is in place, and three distinct floor plans have been prepared and are ready to be proposed as part of the development package. This level of readiness significantly shortens the development timeline, providing a streamlined path from acquisition to construction. The property currently features a fully renovated main residence plus two income-producing efficiency suites, providing holding income while development plans are advanced. Main Residence: 4 bedrooms, 3 baths, office, family room/man cave with wet bar, covered lanai, and pool. Suite A: Open-concept studio with kitchen and full bath, currently leased for $1,200/month.
Suite B: Two-bedroom, one-bath unit with kitchen, leased for $2,000/month. Renovated in 2021, the main home features oak hardwood flooring throughout, granite countertops, hardwood cabinetry, stainless steel appliances, an outdoor kitchen with gas BBQ, and a modernized interior. The property also includes a two-car garage, a barn, well and septic systems, and a roof approximately eight years old. This asset offers multiple exit strategies—continue as a short- or long-term rental investment, utilize the existing home as a sales or model center, or redevelop the land into a new residential community. The surrounding neighborhood supports strong new-home demand, with recent comparable builds demonstrating excellent absorption and pricing trends. Strategically located minutes from major highways, top-rated schools, shopping centers, and dining, this site offers both prime accessibility and lifestyle appeal, ensuring strong buyer interest for any new development. Key Highlights: Approved site development plan for 7 single-family home lots Three proposed floor plans included in concept. Immediate rental income from two tenant-occupied suites. Desirable infill location in Carrollwood with established market demand. Utilities: Well and septic, with potential for future connection options. This is a turnkey opportunity for builders, developers, or investors seeking a project with approvals in place, income during planning, and high upside potential in one of Tampa's strongest submarkets.

Location

State FL

County Hillsborough

Community Unplatted

Area 33624 - Tampa / Northdale

Zoning RSC-6

Interior

Heating Central

Cooling Central Air

Flooring Tile

Appliance Refrigerator

Exterior

Utilities Available Phone Available, Public

View Y/N No

Water Access No

Roof Type Shingle

Exposure South

Building

Entry Level One

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Septic Tank

Water Well

Structure Type Block

New Construction false

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8442456

Stellar MLS
Listed by Jessica Scialletti URBAN REAL ESTATE US

Schools and Properties Nearby

Learn More About

The Mitchell Collective

1400 S International Pkwy, Lake Mary, FL, 32746-1607, USA
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15509 CASEY RD