Listing provided courtesy of BAY STREET COMMERCIAL LLCas Distributed by MLSGrid- MLS# MFRTB8406109MLS Provider

11224 RESTWOOD DRIVEGIBSONTON, FL 33534

Vacant Land · 1.03 Acres
$999,000 Active

11224 RESTWOOD DRIVE Overview

Time on Site:
355 days
Visits:
1

This waterfront multifamily site has existing income and future development potential. Spanning 1.025 cleared acres, this quiet and beautiful site is set back off the main roads and borders Bullfrog Creek with direct access to Tampa Bay. Completely fenced and gated, the site has a new asphalt roadway and poured driveways. Mobile Home / RV plumbing connections are already stubbed out for 7 units and there are 4 existing electrical meters and panels. The site is RSC-6 zoned lot with a Future Land Use of Residential 6. * Part of Hillsborough County's Septic to Sewer Program - See Documents Section Disclaimer: All references to potential development are based upon Future Land Use in the municipal development code. Brokers make no representations as to allowable use or development limits. Purchaser should consult professionals and the local municipality to determine property suitability. Located in Gibsonton next to 41 and S. Tamiami Trail and west of I-75 and US 301, offering easy access to surrounding areas.

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11224 RESTWOOD DRIVE Facts & Features

  • Type Vacant Land
  • Lot 1.03 Acres

Details

General

Association/HOA

  • Association: No

Business Information

  • Current Use: Residential

Location/Region

  • Country: US
  • County Or Parish: Hillsborough
  • MLS Area Major: 33534 - Gibsonton
  • Subdivision Name: GARDEN CITY REV MAP OF
  • Township: 30

Tax Information

  • Tax Annual Amount: 5852.16
  • Tax Year: 2024

General Information

  • Ownership: Other
  • Parcel Number: U-26-30-19-1RZ-000005-00011.2
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: RSC-6

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 1.03
  • Lot Size Dimensions: 100x200
  • Lot Size Square Feet: 30019
  • Road Surface Type: Asphalt
  • Water Source: See Remarks

Waterfront/View

  • Waterfront: No

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Other

11224 RESTWOOD DRIVE Neighborhood

Community

33534 (GIBSONTON) Demographics

32
Median Age
1,090
Population Density (per sq. mile)
27%
College Educated
$66,295
Estimated Median Income
3,603
Estimated Total Home Owners
1,455
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

11224 RESTWOOD DRIVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11224 RESTWOOD DRIVE Market Data

Based on the last 30 days in this zip code

$372,449
Average List Price
$197
Average Price per Square Foot
16
Properties Sold
110
Average Days on Market
59
Properties for Sale
Calculations provided by Reliance Network

11224 RESTWOOD DRIVE History

Date Event Value Agent
1/13/2026Source: My Florida Regional MLS Price Reduction
$999,000 -28.6%
12/3/2025Source: My Florida Regional MLS Price Reduction
$1,399,900 -6.7%
7/31/2025Source: My Florida Regional MLS Added to Database
July 10, 2025