846 SQ FT

Year 1955

N/A ROOMS

0.34 ACRES

N/A BEDS

/ BATHS

N/A CAR(S)

TB8556519

TAMPA Property for Sale

8021 PALM RIVER ROAD, TAMPA FL 33619

8021 Palm River Rd presents a unique income-producing commercial opportunity designed to appeal to owner-users, investors, contractors, service businesses, and redevelopment buyers. The property combines an existing residential income stream with substantial rear-yard utility, abundant parking, and future commercial upside. The existing residence is currently generating approximately $2,500/month, providing immediate cash flow from day one. In addition, the expansive rear portion of the property may contain opportunities to generate approximately $1,500/month in additional lease income, based on comparable outdoor storage/yard uses in the market. Together, the property has the potential to support approximately $4,000/month in combined income while a buyer evaluates longer-term use or redevelopment strategies. For an owner-user, the site offers the ability to operate a business while benefiting from existing rental income that can help offset occupancy costs. The large rear area provides flexibility for vehicle parking, equipment storage, fleet operations, contractor storage, or other compatible commercial uses. This positioning may be especially attractive to HVAC, plumbing, electrical, landscaping, construction, transportation, and similar service-oriented businesses requiring more outdoor space than a conventional office or retail property provides. For a buy-and-hold investor, the property offers multiple potential income streams rather than relying solely on a single tenant. The existing residential use provides immediate income, while the rear parcel creates the possibility of a separate ground lease, outdoor-storage arrangement, or commercial yard lease. The property may also appeal to redevelopers and land-focused investors seeking a CG-zoned infill site along Palm River Road. A future buyer could maintain the current income-producing configuration while evaluating redevelopment, expansion, or repositioning opportunities. The combination of commercial zoning, existing residential use, ample site area, parking capacity, nearby retail and residential density, and convenient access to the surrounding Tampa market creates several possible exit and operating strategies. Key positioning: immediate income today, additional leasing potential, flexible owner-user functionality, and long-term redevelopment upside in one property.

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Amenities & Features

Listing Details

Price

$475,000

Year Built

1955

SQ FT

846

Levels

Lot Size

0.34 ACRES

Tax Key

U24291966300000153190.0

TaxYear

2025

Property Taxes

$3,145

Exclusions

N/A

Property Type

Retail

Zoning

CG

Property Status

Active

MLS#

TB8556519

Interior Features

Included Appliances

Interior Features

Exterior Features

Architectural Style

Construction Materials

Vinyl Siding, Wood Frame

Lot Features

Parking Features

Exterior Features

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Other Structures

,,,,,,,,,,

Waterfront Features

Heating & Cooling

Heating

Cooling

Central Air

Utilities

Water Source

Data Source

Propert ID: TB8556519
Source: Stellar MLS All Rights Reserved.

Photos, Videos & Tours

$475,000

8021 Palm River Road, Tampa FL 33619

Listed by ALIGN RIGHT REALTY LLC

TAMPA

About Tampa

Tampa Bay is a lively coastal metropolitan region on Florida’s Gulf Coast, combining urban energy, waterfront living, and beachside charm. The area blends diverse neighborhoods, vibrant city amenities, and easy access to beaches and nature offering a lifestyle that’s attractive to families, professionals, retirees, and visitors alike. With a combination of bustling downtown districts, peaceful waterfront suburbs, and coastal communities, Tampa Bay delivers a rich blend of living environments and lifestyles.

Tampa Bay offers a wide variety of residential options from dense urban apartments or historic homes near downtown, to quieter suburban neighborhoods and waterfront communities along the bay or Gulf Coast. With a strong economy, varied housing, and a coastal setting, the region appeals to many looking for balance: comfort, convenience, and coastal living.

Community Population

3,040,000

Community Area

175.3 SQ/MILES

Community Suburb of

Hillsborough County

Community Lifestyle

Urban

Tampa Public Schools

School District of Hillsborough County

Hillsborough High School

School District of Hillsborough County

Robinson High School

School District of Hillsborough County

Blake High School

School District of Hillsborough County

Tampa Heights Elementary Magnet School

School District of Hillsborough County

Tampa Bay Boulevard Elementary School

FOUNDER | CEO

Suzanne Powers

Naples Boutique Broker®

239.682.7476

suzanne@powersrealty.com

Powers Realty Group - Naples / Marco Island

780 Fifth Avenue South, Suite #200
Naples, FL 34102

Suzanne Powers

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8021 PALM RIVER ROAD

$475,000

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