3304 W SHELL POINT ROAD
About This Property
An exceptional chance to build your custom waterfront home at the mouth of the Little Manatee River, where peaceful river living meets quick access to Tampa Bay and the Gulf of Mexico. This .32-acre gated and fully fenced property offers a rare combination of open-water access, build readiness, and freedom from HOA or deed restrictions.
The lot measures approximately 64 x 216 and is fully prepared for construction, with approved house plans through Hillsborough County, along with water, sewer, and electrical services already in place. Impact fees have been paid for the first 2,300 square feet of construction, saving valuable time and expense. A site and elevation survey and geotechnical survey have already been completed, providing a strong foundation for future development.
Boaters will appreciate the existing seawall and 60' T-shaped dock, featuring a 13,000-pound boat lift, floating dock, and a 54-foot land-side deck-ideal for relaxing or entertaining along the water. With over 10 feet of water depth, the dock can accommodate large vessels, making trips to the bay fast and convenient.
Minimal side setbacks of just 5 feet allow for greater flexibility in home design.
Located near Shell Point Marina and Little Harbor, you'll enjoy nearby restaurants, a public beach, and beautiful sunset views. From your own backyard, take in the natural beauty of the river, where dolphins, manatees, and other wildlife are frequent visitors.
With extensive improvements already completed, this property places you well ahead in the building process-making it an outstanding opportunity to create your own waterfront retreat in a prime boating location.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2026 | Listed by EATON REALTY | $575,000 | |
| Listed by EATON REALTY | |||
| Feb 22, 2025 | Price Decreased |
$589,000
↓ $101K
(14.6%) | |
| Price Decreased | |||
| Dec 3, 2024 | Price Decreased |
$689,999
↓ $60K
(8%) | |
| Price Decreased | |||
| Aug 1, 2024 | Price Decreased |
$749,999
↓ $1
(0%) | |
| Price Decreased | |||
| Jul 17, 2024 | Listed | $750,000 | |
| Listed | |||
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YOUR DREAM HOME IS ALL READY TO BUILD! Little Manatee Oasis, Minutes to the Gulf! Welcome to your waterfront paradise at Little Manatee Oasis, where minutes separate you from the Gulf of Mexico, all without the burden of CDD or HOA fees! Experience the epitome of waterfront living on this stunning property, nestled along the serene banks of the picturesque Little Manatee River, offering direct access to Tampa Bay and the Gulf. As you approach, the gated entrance and fully fenced 1/3 acre lot greet you with stately pillars, ensuring privacy and security. This private, gated waterfront lot is ready for your dream home, with house plans already approved by Hillsborough County. This property presents limitless possibilities, spanning approximately 64 x 216 MOL, or about .33 acres. Indulge in the luxury of waterfront living with a seawall already in place, complemented by a 60-foot dock, a 13,000-pound boat lift, and a floating dock, great for enjoying the gentle lull of the river's currents. Additionally, a spacious 54-foot land-side deck beckons for outdoor gatherings and relaxation. Boating enthusiasts will appreciate the property's ability to accommodate yachts of any size, thanks to its ample dimensions and an average depth exceeding 10 feet. A site and elevation survey conducted in 2021 ensures optimal development potential. Utility connections for water, sewer, electric, and cable are already established, while impact fees for the first 2300 square feet of new construction have been satisfied, streamlining the building process. With minimal setbacks of only 5 feet on the sides, you have ample space to bring your vision to life. Immerse yourself in the Florida lifestyle as you witness the majesty of manatees, dolphins, and other wildlife against spectacular sunsets. Build your sanctuary at the mouth of the Little Manatee River, overlooking a pristine expanse untouched by neighboring houses. Conveniently located just minutes from Tampa and a stone's throw away from Shell Point Marina, Little Harbor, shopping, restaurants, and healthcare facilities, this property offers tranquility and accessibility. Explore downtown Tampa and St. Petersburg in just 20 minutes by boat, or venture to Anna Maria Island within 30 minutes. With extensive work and improvements already completed, including zoning for residential or commercial use, you'll find yourself thousands of dollars and months ahead of schedule before breaking ground. Don't miss the opportunity to make this waterfront oasis your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017