8820 S Hickory Ln, Riverview, FL 33578 | For Sale

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For Sale $1,350,000 ($249.54 per Sq Ft)

$1,350,000 ($249.54 per Sq Ft)
  • (0)
  • 9 Bedrooms
  • 8 Bathrooms
  • 5,410 Sq Ft
  • 46,179 Sq Ft

Description

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!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,350,000
Property Type Single Family Homes
Usable Sqft 5,410
Number of Stories 2 stories
Parking Spots 2 spots
Year Built 1988
Last Sold Unknown
Sold Price Unknown
APN # U2330191R100000000008.5
MLS # TB8365558
Property ID 319468613
Lot Sqft 46,179
Zoning RSC-6
Days on Market 282
Original List Price $1,695,000
Applicances Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator%
Date Updated December 10, 2025
Date Created March 28, 2025
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Listing Provided By

Andrew Duncan an agent of LPT REALTY LLC.


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 10, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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