Commercial Sale · Multi Family (5+)
15509 CASEY ROAD, TAMPA, FL, 33624
Active14 days on marketListed Sep 28, 2026MLS #TB8553053
About this property
The property at a glance
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.
4,300
Building sq ft
$291
Price / sq ft
2.1
Lot acres
1972
Year built
3
Units
3
Buildings
RSC-6
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
7.8%
Cap rate
$97,800
Net operating income
$112,800
Gross income (yr)
$416,667
Price / unit
3
Units
Estimated payment (illustrative)
Estimated payment
$6,743/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Anthony to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
24,347
Population
$87,959
Median income
38
Median age
2
Avg household
$291,444
Median home value
$1,093/mo
Median rent
2,819
Households w/ kids
Consumer profile
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A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
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The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Recent sales
What actually sold near 15509 CASEY ROAD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$912,500
4961 VAN DYKE ROAD
2,992 sqft · $305/sqft · Sold May 8, 2025
$1,000,000
18540 N DALE MABRY HIGHWAY
3,018 sqft · $331/sqft · Sold Apr 20, 2026
$695,000
13506 N ROME AVENUE
2,730 sqft · $255/sqft · Sold Oct 9, 2026
Your team
The pros in your corner
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 15509 CASEY ROAD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 15509 CASEY ROAD.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of VITANOVA REALTY GROUP LLC · Daniele Facciuto. MLS #TB8553053.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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