5924 RIVER TERRACE, TAMPA, FL, 33604
Active111 days on marketListed Apr 10, 2026MLS #TB8491139
About this home
5924 RIVER TERRACE
Exceptional opportunity to secure a prime piece of land thats perfect for a huge luxury estate, or 3 spacious new construction homes. With partial river views in one of Seminole Heights most desirable streets, this home is a rare piece of Tampa real estate. This property offers a rare combination of location, water proximity, and development potential, making it ideal for builders, investors, or those looking to build a one of a kind dream home. Positioned at the end of River Terrace, on a cul-de-sac, the lot provides scenic partial views of the river, adding a premium lifestyle element that will significantly enhance future resale value.The true value lies in its potential, this property can accommodate up to three homes, offering a unique opportunity to maximize density and return on investment. Whether you’re planning new construction for resale, long-term rental income, or a boutique development concept, the possibilities here are substantial. Located just minutes from Downtown Tampa, Armature Works, Ybor and the Riverwalk, this area continues to see strong growth, new construction activity, and increasing demand for homes near the water. With close proximity to major roadways, dining, entertainment, and Tampa’s vibrant urban core, this lot offers both lifestyle appeal and strong long-term upside. Opportunities to build multiple homes with river views in central Tampa are extremely limited, this is your chance to capitalize on a high-potential property. Bring your builder, your vision, and unlock the full value of this unique River Terrace opportunity. NOTE: when typing in the address to view the site, its the large round grass patch in the center of the cul-de-sac, NOT the 5924 river house...that portion is getting sub-divided off and not included.
Facts & features
The home at a glance
0.5 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,449 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,449/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
Where it sits
Inside Tampa
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tampa. See the full Tampa guide →
TAMPA 33604 — neighborhood snapshot
Population
39,411
Median age
36.5
Median income
$55,988
Median home value
$264,900
Avg household
2.53
Households w/ children
4,401
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tampa market
$430K → $455K
Tampa median sold, yr/yr
96.9%
Sale-to-list ratio (12 mo)
Median sold price, Tampa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 178% above the TAMPA 33604 median. See the full Tampa market guide →
Paper trail
This home's history
Reality check
What actually sold near 5924 RIVER TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$297,000
806 W IDLEWILD AVENUE · same community
2 bd · 1 ba · 796 sqft · $373/sqft · 1 DOM
Sold · Aug ’25$342,500
906 W IDLEWILD AVENUE · same community
2 bd · 1 ba · 870 sqft · $394/sqft · 3 DOM
Sold · Jan ’26$200,000
705 W IDLEWILD AVENUE · same community
2 bd · 1 ba · 946 sqft · $211/sqft · 37 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5924 RIVER TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5924 RIVER TERRACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5924 RIVER TERRACE FAQs
What would the monthly payment be for 5924 RIVER TERRACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,449/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5924 RIVER TERRACE?+
The most recent tax bill on record (2025) was $6,220. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Tampa?+
At $1,000,000, this home is listed about 115% above the Tampa median of $464,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5924 RIVER TERRACE?+
Shaw Elementary School (elementary), Patricia Sullivan Metropolitan Ministries Partnership School (elementary), Wharton High School (high) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,000,000 runs 178% above the TAMPA 33604 median.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
111 days on market against a Tampa median of 33 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of FRANK ALBERT REALTY · Frank Albert. MLS #TB8491139.
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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