Commercial Sale · Multi Family (5+)
15509 CASEY ROAD, TAMPA, FL, 33624
Active277 days on marketListed Nov 4, 2025MLS #TB8442456
About this property
The property at a glance
Exceptional investment and development opportunity in the heart of Carrollwood, one of Tampa’s most desirable and established residential markets. 15509 Casey Road presents a rare chance to acquire a property with approved site development plans for seven (7) single-family home lots, offering immediate potential for a boutique residential subdivision or custom home enclave. The current owner has completed substantial groundwork—site plan approval is in place, and three distinct floor plans have been prepared and are ready to be proposed as part of the development package. This level of readiness significantly shortens the development timeline, providing a streamlined path from acquisition to construction. The property currently features a fully renovated main residence plus two income-producing efficiency suites, providing holding income while development plans are advanced. Main Residence: 4 bedrooms, 3 baths, office, family room/man cave with wet bar, covered lanai, and pool. Suite A: Open-concept studio with kitchen and full bath, currently leased for $1,200/month. Suite B: Two-bedroom, one-bath unit with kitchen, leased for $2,000/month. Renovated in 2021, the main home features oak hardwood flooring throughout, granite countertops, hardwood cabinetry, stainless steel appliances, an outdoor kitchen with gas BBQ, and a modernized interior. The property also includes a two-car garage, a barn, well and septic systems, and a roof approximately eight years old. This asset offers multiple exit strategies—continue as a short- or long-term rental investment, utilize the existing home as a sales or model center, or redevelop the land into a new residential community. The surrounding neighborhood supports strong new-home demand, with recent comparable builds demonstrating excellent absorption and pricing trends. Strategically located minutes from major highways, top-rated schools, shopping centers, and dining, this site offers both prime accessibility and lifestyle appeal, ensuring strong buyer interest for any new development. Key Highlights: Approved site development plan for 7 single-family home lots Three proposed floor plans included in concept. Immediate rental income from two tenant-occupied suites. Desirable infill location in Carrollwood with established market demand. Utilities: Well and septic, with potential for future connection options. This is a turnkey opportunity for builders, developers, or investors seeking a project with approvals in place, income during planning, and high upside potential in one of Tampa’s strongest submarkets.
2,952
Building sq ft
$542
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
$533,000
Price / unit
3
Units
Estimated payment (illustrative)
Estimated payment
$8,312/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 David 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
$40,968
11913 N DALE MABRY HIGHWAY
2,512 sqft · $16/sqft · Sold Jan 30, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · 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
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of URBAN REAL ESTATE US · Jessica Scialletti. MLS #TB8442456.
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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