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15509 Casey Road, FL
Stellar MLS

$1.25M

15509 Casey RoadTampa, FL 33624

Listing updated: October 22, 2026 at 4:46 PM ET

Active
Stellar MLSListing courtesy of Vitanova Realty Group Llc · Jessica Scialletti · MLS #TB8553053 · Active · 813-433-8277
4,300
Building SF
2.1
Acres
3
Units
1972
Built
$291
Per SF
◆Multi-Family 5+◆7.82% cap rate◆2.1 acres◆$291/SF◆360° tour
Multi-Family 5+

Property type

1972

Year built

4,300 SF

Building size

91,476 sqft

Lot size

$291

Price / SF

3

Units

RSC-6

Zoning

24

Days on market

Investment & cash flow

7.82%
Cap rate
$98K
NOI / yr
$113K
Gross income
$15K
Annual expenses
11.1
GRM
$291
Price / SF

Income includes: Parking, Storage

Figures provided by the listing broker — verify independently.

Lease terms

Occupancy
Owner

About this property

RARE DEVELOPMENT OPPORTUNITY IN CARROLLWOOD | 7 APPROVED SINGLE-FAMILY LOTS Exceptional investment and development opportunity in the heart of Carrollwood, one of Tampa’s most desirable and established residential markets. 15509 Casey Road offers an unusually compelling opportunity to acquire a property with approved site development plans for seven (7) single-family residential lots, creating the potential for a boutique subdivision or private custom-home community in a highly sought-after Tampa location. The current owner has already completed significant preliminary work, with site development plans approved for the 7-lot concept, providing a valuable head start for a developer or builder and potentially reducing the time and expense associated with the initial planning and entitlement process. In addition, two residential floor plans have been developed, providing a starting point for a cohesive new-home community and allowing the next owner to move more efficiently toward the construction phase. The existing property provides additional flexibility and value during the development transition. The site currently features a renovated 4-bedroom, 3-bath residence with a pool, along with two independent ADUs of approximately 500 SF and 900 SF. These additional structures offer potential for rental income, owner use, temporary housing, office space, or other strategic uses while development plans are advanced, subject to applicable approvals and regulations. The property's location is a major component of its appeal. Situated in established Carrollwood, the site offers convenient access to major roadways, shopping, dining, schools, parks, employment centers, and Tampa's major destinations, making it an attractive location for future residential development. For builders, developers, and investors seeking a residential development opportunity with substantial preliminary work already completed, this property offers a rare combination of location, scale, existing improvements, and approved development potential. Seven approved single-family lots. Existing residential improvements. Two additional ADUs. Preliminary development work completed. Three floor plans prepared. Prime Carrollwood location. An opportunity to acquire a development site with a significant head start and bring a new residential vision to one of Tampa's established communities.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
24
Cumulative DOM
327
Subdivision
Unplatted
County
Hillsborough
Year built
1972
Building area
4,300 sq ft
Price/sq ft
$291
Lot size
91,476 sq ft
Units
3
Buildings
3
Stories
1
Road frontage
City Street
Annual taxes
$12K (2024)
Parcel #
U-32-27-18-ZZZ-000000-70670.0
Zoning
RSC-6
MLS #
TB8553053

Utilities

Utilities
Electricity Available, Phone Available, Public
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2026-09-28
On market date
2026-09-28
MLS area
33624 - Tampa / Northdale
Status changed
2026-09-28
Tax legal description
TRACT BEG 556 FT E OF SW COR OF SE 1/4 OF NE 1/4 AND RUN N 330 FT E 300 FT S 330 FT AND W 300 FT TO POB LESS S 25 FT FOR RD

Location

Directions

Take Exit 53 for Bearss Avenue If coming from northbound or southbound I-275, take Exit 53 for Bearss Avenue. Turn west onto E Bearss Ave (toward Carrollwood) Drive for about 3.5 miles (Bearss Ave will transition into Ehrlich Rd). Turn right onto Casey Rd Drive about 1 mile north on Casey Rd. Turn left onto Casey Rd Extension Your destination 15509 Casey Rd Ext will be on the left.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of October 22, 2026 at 4:46 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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