Prime Waterfront Development Opportunity – 16.96 Acres on the Alafia River
Investors, Developers, and Builders — this is a rare opportunity to acquire 16.96 acres of waterfront property approved for development of 101 luxury townhomes in one of the fastest-growing areas of South Hillsborough County.
Located just west of the I-75 and Gibsonton Drive interchange, this exceptional property includes three parcels (9234, 9236, and 9248 Old Gibsonton Drive) and offers approximately 400 feet of frontage along the scenic Alafia River. The site features a 16-foot embankment overlooking the river, providing elevated views and an ideal setting for a luxury waterfront townhome community.
County approvals allow for development of 101 upscale townhomes, along with amenities such as a clubhouse, resort-style pool, river access, and potential marina with dock and up to 76 boat slips. Residents would enjoy direct boating access with a short ride to the open waters of Tampa Bay.
The property is ideally situated directly across from major national retailers and hotels, including Walmart, Cracker Barrel, a national hotel chain, movie theater, and numerous restaurants and shopping options, making it an attractive location for future residents.
Key highlights include:
16.96 acres total across three parcels
400 feet of Alafia River frontage
Approved for 101 luxury townhomes
Potential marina with dock and 76 boat slips
Electric, water, and sewer available
Phase I Environmental Site Assessment completed
Traffic study completed
Elevation 20–22 feet above sea level
Majority of property located in Zone X (No Flood Zone) with a small portion in Zone AE
Minutes to Interstate 75
Easy boating access to Tampa Bay
Surrounded by rapid residential and commercial growth, this site offers developers the opportunity to build a premier waterfront townhome community in a high-demand corridor of the Gibsonton area.