Unplatted Homes with Multi-Family 5+ Property Style

Unplatted Homes with Multi-Family 5+ Property Style

Welcome to the Unplatted Subdivision in the heart of Hillsborough County, Florida—a hidden gem that promises a unique blend of tranquility and opportunity. Nestled within the vibrant landscapes of the Sunshine State, this area is perfect for those seeking a multi-family property style that accommodates 5 or more units, making it an ideal investment for savvy real estate enthusiasts or families looking to create a communal living experience.

The Unplatted Subdivision offers a distinctive charm, with spacious lots and the flexibility to design your dream multi-family residence. Imagine a community where neighbors become friends, and shared spaces foster a sense of belonging. The expansive lots allow for creative architectural designs, ensuring that each home reflects your personal style while meeting the needs of multiple families.

Hillsborough County is renowned for its warm climate, stunning parks, and vibrant culture. Residents can enjoy nearby recreational activities, including hiking, biking, and exploring the beautiful Gulf Coast. With easy access to major highways, commuting to Tampa or other nearby cities is a breeze, making this location not just desirable but also incredibly convenient.

In this subdivision, you can embrace the joys of multi-family living while enjoying the benefits of an investment property. Whether you're looking to create a family compound or seeking a lucrative rental opportunity, the Unplatted Subdivision in Hillsborough County is ready to welcome you home. Discover the potential of this remarkable area and start crafting the life you've always envisioned!

Newest Unplatted Homes with Multi-Family 5+ Property Style

$875,000
Unplatted SubDv. ⋅ 33579 Zip Code
13044 County Road 672 is a 12-pad, tenant-owned-home mobile home community nestled in the thriving Riverview/Balm corridor. Its lot-rent structure generates reliable income with minimal home maintenance responsibilities, while robust demand for affordable housing and rapid surrounding residential growth make it a compelling long-term investment with strong appreciation potential. The property sits at the heart of one of southeastern Hillsborough County's most dynamic residential growth corridors. Since 2024, more than 700 new homes have been built in nearby communities, with hundreds of additional residential lots either planned or currently under development throughout the broader Riverview/Balm area.

13044 Balm Riverview Road, Riverview
$1,250,000
Unplatted SubDv. ⋅ 33624 Zip Code
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.

15509 Casey Road, Tampa
$4,052,000
Unplatted SubDv. ⋅ 33615 Zip Code
A 34-unit, 5-building garden-style community on 1.78 acres in one of West Tampa's tightest-fundamental submarkets, minutes from Tampa International Airport and the Veterans Expressway. Built in 1983 and 94% occupied, this is a small-bay multifamily asset with real, in-place rent upside — not a pro forma story. The math: in-place 1-bedroom rents run $925 to $1,250 against a $1,144 average, and every point of that spread closes with routine turnover and light unit-level work — flooring's already been swapped in multiple units (9/2025, 11/2025), and a water heater replaced as recently as 7/2025. Electric is individually metered per unit, keeping the expense line clean; water runs on a single master meter. Offered at $4,052,000 — $119,176 per unit — against a 6.5% cap rate on 2026 annualized NOI of $263,384. Low density, low deferred maintenance, and a rent roll with room to run.

5901 Bryce Lane, Tampa
$1,950,000
Unplatted SubDv. ⋅ 33617 Zip Code
Campus Gardens presents an exceptional opportunity to acquire a well-maintained 12-unit multifamily community located in Tampa's highly desirable USF corridor, just minutes from the University of South Florida, Moffitt Cancer Center, James A. Haley Veterans' Hospital, Advent Health Tampa, Busch Gardens, University Mall, and an abundance of shopping, dining, and entertainment. The property features twelve spacious 1 bed 1 bath apartments, each offering approximately 645 square feet with large living areas, central air conditioning, durable tile flooring, and individually metered electric service, allowing tenants to pay their own electricity. Units have been updated as they become available, and the one current vacancy is freshly updated and move-in ready, providing immediate leasing upside for the next owner. BRAND NEW ROOFS ON ALL SIX BUILDINGS (2025)! Investors will appreciate the property's low operating expenses, including a private well and two septic systems, eliminating municipal water and sewer costs. Situated on approximately 0.85 acres with RMC-20 zoning, the property also offers future redevelopment potential, subject to buyer verification and county approval. With 11 of 12 units currently occupied, strong in-place income, recent capital improvements, and an exceptional location serving university students, healthcare professionals, and the local workforce, Campus Gardens is a turnkey investment opportunity in one of Tampa's strongest rental markets.

5901 Gibson Avenue, Tampa
$800,000
Unplatted SubDv. ⋅ 33594 Zip Code
Pre-Construction. To be built. 12 Unit Townhouse project ready to go! Site construction is approved and the building plans are stamped, sealed, and ready to submit! Interior design has been handled as well with multiple options for each bathroom, built-ins, and the laundry room alleviating the stress of having to pick finishes or the cost of hiring a professional designer. The buyer will get a full design scope with renderings and a shopping list itemizing all of the finishes shown. Make each unit unique or choose your favorite for each space and make all the units the same. Allow buyers the option of purchasing during construction and customizing their homes. The spaces were designed to work interchangeably! The site is cleared, import fill has been brought in, and the land is graded. Save yourself months of work with this beautiful development project!

124 N Miller Road, Valrico
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