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About this home
8020 S 78th St is a home in Unplatted, Riverview. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This is an opportunity to purchase a parcel with a total of 5.3 acres (subject to survey) located on S 78th Street by Falkenburg Rd in Riverview. The is zoned Manufacturing with a Future Land Use of Community Mixed Use-12 (.50 FAR). Hillsborough County supplies water to the site. The property is currently on a septic system but there is a 4” force main adjacent to the property according to Hillsborough County. The property is fenced and partially paved with concrete. This site is currently being used as a used auto parts business. The property is bounded to the east by the Parkway Center Community Development District, a housing subdivision of several hundred units. Mosiac Fertilizer is located just to the west. There is a small residential subdivision located just to the north of the property. South Falkenburg Road and the Alafia River are located just to the south of the property providing good access and recreation. Potential uses include commercial, light industrial, storage, retail and by taking advantage of the future land use of Community Mixed Use and surrounding residential, possibly residential.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$6,900,000
Time on market
481 days
Monthly payment
About $41,029/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $19,122 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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