UNDER CONTRACT! | Summerfield Square | 8.38± Acres

The subject is a site-plan approved, permit-ready, 8.38-acre development parcel located within the Summerfield Square commercial mixed-use shopping and office center at the NW corner of Big Bend Road and US 301 in Riverview, FL. Buildings would be 4-story with interior breezeway corridors situated around an on-site retention pond, community amenities and surface parking lots and could be attractive to both conventional MF developers as well as active adult developers. The site is designed to include a vaulted stormwater detention system which will likely meet the newly enacted SWFWMD stormwater exfiltration laws which take effect in 2026. Units would be a mix of 68% 1 bedrooms and 32% 2 bedrooms averaging 878 square feet with modern interior finishes and community amenities commiserate with other luxury housing properties in the submarket. There are 5 properties in various stages of construction or lease-up in the greater SE Hillsborough County submarket and absorption continues to be strong.