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9236-92489234 Old Gibsonton Drive, Gibsonton, FL, 33534

16.96 acresLot size
Land
$8,999,999
For sale
$9,950,000−$950,001 (10%)Reduced Aug 18, 2026
Days on market
220
Listed
Mar 15
MLS #TB8485494Updated Aug 18, 2026

About this property

16.96 Acres on the Alafia River 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.

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Property details

Property type
Land
Street address
9236-9248
City
Gibsonton
State
FL
ZIP code
33534

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $950,001 (9.5%) since first listed.

EventPrice
Price reducedMLS #TB8485494$8,999,999Change: −9.5%−$950,001
Listed for saleMLS #TB8485494$9,950,000
History may be incomplete.
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Location

Aerial View Looking North
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