8820 S Hickory Lane, Riverview, FL, 33578For Sale
$1,350,000
9beds8.00baths5410sqft

8820 S Hickory Lane, Riverview, FL, 33578

MLS#: TB8365558
Single Family Residence
Built in 1988
1.0600 acre lot
$250/sqft
349 days on market
$20,020/yr tax

What's special

Fully Renovated Ultimate Waterfront Investment Opportunity on the Alafia River! An unparalleled investment opportunity awaits on the stunning Alafia River! This income-producing, turn-key property features three separate buildings on over an acre of prime waterfront land, offering a total of 9 bedrooms, 7.5 bathrooms, and over 5,000 square feet of heated space. Whether you're seeking a lucrative Airbnb, a multi-generational compound, or an event-friendly retreat, this property is designed to impress. This exceptional property includes three distinct residences. The main home boasts spacious living areas with stunning river views, high-end finishes, and an entertainer's dream layout. The guest house is a private 3-bedroom, 2.5-bathroom residence complete with its own kitchen and laundry room. Additionally, there is a 1-bedroom studio apartment (not currently in the rental program) with potential for $1,000/month in additional income. Outdoor amenities set this property apart. A 175-ft, two-story dock features an upstairs sun deck, covered boat lift, fish cleaning station, shower, refrigerator, city water, and electricity. The property also includes three boat slips, available to rent for additional passive income ($1,000+/month potential). A private pool, outdoor kitchen, two 67-ft lanais with breathtaking river views, and multiple outdoor dining areas equipped with gas grills make this a true waterfront paradise. Plus, with no HOA or CDD, you have complete freedom over your investment. Luxury and entertainment abound throughout the home. Enjoy four master suites, each with en-suite bathrooms and walk-in showers. Additional features include an indoor hot tub, dry sauna, built-in HD projector, pool table, and fitness room. The property is also equipped with three fully furnished kitchens, three laundry rooms, and elegant touches such as stained glass accents. A 5-car garage, including a roundabout garage with dual doors, provides ample covered parking. A gated entry with an elegant fountain and expanded driveway ensures privacy and grandeur upon arrival. This property is a proven income producer with over $225,000 in gross annual revenue, even with a low occupancy rate. Future bookings already total $100,000, and $75,000 in furnishings are included. With the addition of a dedicated website, projections indicate an additional $100,000+ in yearly revenue. Its size and amenities make it a perfect venue for large family groups, weddings, and special events. Location is another key advantage. This home is minutes from Tampa Bay by boat, making it one of the closest riverfront properties to open water. It is also just 15 minutes from Busch Gardens, 20 minutes from Downtown Tampa, and offers easy access to I-75. Whether you are a boater, angler, or water sports enthusiast, the brackish waters of the Alafia River provide the ideal setting for fishing and kayaking. This is more than just a home—it's an unmatched investment and lifestyle opportunity. Whether you're looking to generate multiple income streams or secure a one-of-a-kind waterfront retreat, this property delivers on all fronts. Schedule your showing today and see firsthand why this Alafia River gem is a true Airbnb powerhouse!

349 days on Horizon Palm

Listing office: LPT REALTY LLC · MLS#: TB8365558


Map

8820 S Hickory Lane, Riverview, FL, 33578


Facts & features

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 8.00

Heating

Heating: Central

Cooling

Cooling: Central Air

Appliances

Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator

Features

Interior features: Attic Fan, Ceiling Fan(s), Other, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Flooring: Laminate, Marble, Tile
Window features: Window Treatments
Laundry: Laundry Closet, Laundry Room

Interior area

Total interior livable area: 5410 sqft

Room dimensions

Kitchen: 14x9 (First)
Living Room: 26x23 (First)
Primary Bedroom: 18x17 (Second)

Parking

Garage spaces: 2.00
Parking features: Covered, Driveway, Garage Door Opener, Guest, Off Street

Features

Stories: 2.00
View: Pool, Water
Exterior features: Balcony, Outdoor Grill, Sliding Doors
Fencing: Fenced
Patio & porch: Covered, Deck, Rear Porch
Pool: Yes
Pool features: Above Ground
Window features: Window Treatments

Lot

Lot size: 1.0600 Acres
Lot features: Flood Insurance Required

Details

Parcel number: U2330191R100000000008.5
Zoning: RSC-6

Type & style

Home type: Single Family Residence

Materials

Construction materials: Block, Stucco, Wood Frame
Foundation: Slab
Roof: Shingle

Condition

Year built: 1988

Community

Subdivision: Subdivision Of The E 2804 Ft O

Utilities

Utilities: Cable Available, Electricity Connected, Fire Hydrant
Sewer: Septic Tank

Details

Price/sqft: $250
Annual taxes: $20, 020 (2024)
Date on market: 03/28/2025
Days on market: 349
Listing terms: Cash, Conventional, VA Loan
Listing agent: Andrew Duncan
Listing office: LPT REALTY LLC
MLS ID: TB8365558

Price history

Price Reduced $345,000Originally $1,695,000
$

Originally Listed

First listed price

$1,695,000

$313/sqft

For Sale

2025-03-28T04:00:00.000Z · LPT REALTY LLC

$1,350,000

$250/sqft$345,000

Payment calculator

$1,818/mo
Principal & interest
$0
Property taxes
$1,668
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


Riverview

Riverview, FLHillsborough County33578
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