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Property Description
8021 Palm River Rd presents a unique income-producing commercial opportunity designed to appeal to owner-users, investors, contractors, service businesses, and redevelopment buyers. The property combines an existing residential income stream with substantial rear-yard utility, abundant parking, and future commercial upside. The existing residence is currently generating approximately $2,500/month, providing immediate cash flow from day one. In addition, the expansive rear portion of the property may contain opportunities to generate approximately $1,500/month in additional lease income, based on comparable outdoor storage/yard uses in the market. Together, the property has the potential to support approximately $4,000/month in combined income while a buyer evaluates longer-term use or redevelopment strategies. For an owner-user, the site offers the ability to operate a business while benefiting from existing rental income that can help offset occupancy costs. The large rear area provides flexibility for vehicle parking, equipment storage, fleet operations, contractor storage, or other compatible commercial uses. This positioning may be especially attractive to HVAC, plumbing, electrical, landscaping, construction, transportation, and similar service-oriented businesses requiring more outdoor space than a conventional office or retail property provides. For a buy-and-hold investor, the property offers multiple potential income streams rather than relying solely on a single tenant. The existing residential use provides immediate income, while the rear parcel creates the possibility of a separate ground lease, outdoor-storage arrangement, or commercial yard lease. The property may also appeal to redevelopers and land-focused investors seeking a CG-zoned infill site along Palm River Road. A future buyer could maintain the current income-producing configuration while evaluating redevelopment, expansion, or repositioning opportunities. The combination of commercial zoning, existing residential use, ample site area, parking capacity, nearby retail and residential density, and convenient access to the surrounding Tampa market creates several possible exit and operating strategies. Key positioning: immediate income today, additional leasing potential, flexible owner-user functionality, and long-term redevelopment upside in one property.
Full Property Details
Full Property Details for 8021 Palm River Rd
General
- Price: $500,000
- Taxes: $3,144 (2025)
- Status: Active
- Type: Retail
- Source: MidFloridaRegionalMLS
- MLS ID: TB8556519
- Updated: 10/13/2026
- Added to Site: 8 day(s) ago
Interior
- Flooring: Tile
Location
- Area: 33619 - Tampa / Palm River / Progress Village
- County: Hillsborough
- Development Name: 33619 - Tampa / Palm River / Progress Village
- Subdivision: SOUTH TAMPA SUB
- Driving Directions: Driving Directions: From I-75, take the exit for E. Adamo Drive (SR 60). Follow signs toward Palm River Road and continue to 8021 Palm River Road, Tampa, FL 33619. Please verify the exact turns against a navigation app before, as the route may vary depending on the direction of travel.
Community
- Community Name: 33619 - Tampa / Palm River / Progress Village
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 2
- Exterior Const.: Vinyl Siding, Wood Frame
- Square Feet: 684
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 15,000
- Lot Size: 15000
- Lot Dimensions: 75 x 200
- Frontage: Access Road
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,144.72
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SOUTH TAMPA SUBDIVISION S 200 FT OF N 211.6 FT OF W 75 FT OF E 175 FT OF TRACT 11 IN SW 1/4
- Flood Zone Info: X
- APN: U24291966300000153190.0
- Property ID: U24291966300000153190.0
- Block/Lot/Section: 1
Listed by Align Right Realty Llc
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Schools
Schools serving 8021 Palm River Rd
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Clair-Mel Elementary School 1025 South 78th Street, Tampa, FL 33619 | K-5 | 0.3 mi |
Dowdell Middle Magnet School 1208 Wishing Well Way, Tampa, FL 33619 | 6-8 | 0.5 mi |
Bloomingdale High School 1700 Bloomingdale Avenue, Valrico, FL 33596 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8021 Palm River Rd
Date
Details
Price
Change
Source
10/10/2026
Listed
$500,000
614.29%
MLS
3/01/2013
Sold
$70,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8021 Palm River Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,145
—
$148,044
—
2025
$3,145
13%
$148,660
2%
2024
$2,785
10%
$145,194
12%
2023
$2,530
22%
$129,096
35%
2021
$2,072
-9%
$95,298
-20%
2022
$2,278
10%
$118,985
37%
2021
$2,072
23%
$86,825
13%
2019
$1,690
8%
$76,756
10%
2018
$1,564
5%
$69,778
7%
2017
$1,484
4%
$65,048
6%
2016
$1,426
-7%
$61,429
-4%
2015
$1,529
10%
$64,152
9%
2014
$1,390
—
$58,932
1%
2013
$1,395
—
$58,075
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8021 Palm River Rd
8021 Palm River Road, Tampa, FL 33619 (MLS# TB8556519) is a Retail property. 8021 Palm River Road is currently listed for $500,000 and was received on October 10, 2026. Want to learn more about 8021 Palm River Road? Do you have questions about finding other Retail real estate for sale in Tampa? You can browse all Tampa real estate or contact a Coldwell Banker agent to request more information.

