tomo logo

$1,695,000

Beds
9
Baths
7.5
sq ft
5,410

8820 S Hickory Ln, Riverview, FL 33578

8820 S Hickory Ln

RIVERVIEW, FL 33578

  • 3 days on market
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!

Details

Property type

Single Family Residence

Est. home value

$1,769,530

Lot size

1.06 acres

Price per sq ft

$314

Year built

1988

Annual property taxes

$20,019.89

HOA

No

Price History

03/28/2025
StellarMLS

StellarMLS #TB8365558

Listed
$1,695,000
+45%
06/29/2021
StellarMLS

StellarMLS #T3276912

Sold
$1,169,000
+143.54%
07/22/2014
StellarMLS

StellarMLS #T2578423

Sold
$480,000

Schools & Community

Elementary school: 

Bing-HB

Middle school: 

Giunta Middle-HB

High school: 

Spoto High-HB

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ross Downs

Loan start date

February 2023

Original loan amount

$940,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Seller take-back, 1 year

Seller

Ga Realty Consultants Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 1:55 AM

Listing updated: 03/29/2025 at 6:52 AM

Listed by: Andrew Duncan, LPT REALTY LLC Phone #: (813) 359-8990

MLS: StellarMLS #TB8365558

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