Alafia Riverfront Investment/Development Property

This highly sought after development/investment property is located between the W.T. Williams Bridge on U.S. Highway 301 and the Williams Boat Ramp located at U.S. Highway 41 in Riverview, Florida. The property consists of approximately 62.9 acres MOL of agricultural land and is located on the northern bank of the Alafia River. The property is ready to be sold for immediate builder development or as a 1031 exchange investment. This entirely undeveloped property is an infill project that recently completed rezoning from ASCI to a maximum density of 249 single family residences. The property has approximately 1550 feet of road frontage on Riverview Drive and 1001 feet of sandy shoreline on the Alafia River. This property has been in a single-family ownership for the past 144 years. It maintains an agricultural classification for property taxes and as such holding cost are minimal until time for development. The location of this property is on the northern shore of the Alafia River which provides easy and quick highway access to the City of Tampa. The property has 23.5 feet of elevation from its highest point to the shorline of the Alafia River. The waterfront shoreline offers deep water access to boats or watercraft in excess of 50 feet. The propertys riverfront location provides easy and unrestricted boating access to Tampa Bay and the Gulf-of- America. There is no other undeveloped waterfront property in Hillsborough County, Florida or the surrounding Tampa Bay area that can offer the development and building potential of this property or the investment opportunity of a 1031 exchange. This is truly a unique one-of-a-kind investment or home builder opportunity. It can be purchased as a stand-alone asset for appreciation, development for single family homes, or a joint venture development with numerous premium home builders. Property Statistics Property Type: Residential Development Land, Homesite Lots County: Hillsborough County Acres: 62.9 Acres Sale Price: $30,000,000 Property Address: 10205 Riverview Drive, Riverview, Florida 33578 Nearest Intersection: U.S. Highway 301 and Riverview Drive Road Frontage: 1550 +/- feet on Riverview Drive Water Frontage: 1001 feet on Alafia River Soil Types: Florida sand Utilities: County water/sewer Zoning: RES-4 Future Land Use: Approved for up to 249 single family residences STR: Folio #s: 075687-0000 Property Uses: single family residential development Notes: Road frontage/water frontage/county sewer & water Schools: Public/Private/Charter nearby