Rare opportunity to acquire 2.23 acres in a rapidly growing area of Tampa. Located at 5105 N 45th Street, this RS-50 zoned property offers exceptional redevelopment and investment potential while generating immediate utility from the existing improvements. The property currently features a spacious 3,492-square-foot main residence built in 2005, offering 3 bedrooms and 2.5 bathrooms, as well as a separate 352-square-foot guest house built in 2007 with 2 bedrooms and 1 bathroom. Whether utilized as a primary residence, rental income opportunity, or interim holding asset, the existing structures provide flexibility while planning future development. With over two acres of land in a desirable Tampa location, this property presents a unique opportunity for builders, developers, investors, or end users seeking to capitalize on the area's continued growth. The RS-50 zoning and substantial land area create potential for subdivision, redevelopment, or other residential development opportunities, subject to county approvals and due diligence. Conveniently located near major roadways, employment centers, shopping, dining, and downtown Tampa, opportunities of this size and scale are becoming increasingly scarce. Explore the possibilities and unlock the full potential of this exceptional development site. Buyer to verify all zoning, land use, development potential, and subdivision possibilities with Hillsborough County.
- Lot size: 2.23 acres
- 4 days on market
- Directions: Going east on E Hillsborough ave from N 40th st, turn right on N 47th st. Then turn right on E shadowland ave, then left on N 45th st. Property will be at the end of the street
- County: Hillsborough
- Geo subdivision: GALLOWAY HEIGHTS
Features
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Rafael Zenke
Real Estate Strategist
- Source: Stellar MLS
- MLS #: TB8514325
Listing updated: June 8, 2026 at 8:36PM
Listing provided by: Audra Donaldson, KELLER WILLIAMS SOUTH TAMPA
Last checked 3 days ago
Listing provided by: Audra Donaldson, KELLER WILLIAMS SOUTH TAMPA
Last checked 3 days ago
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