Attention investors! This prime waterfront property in Apollo Beach presents an exceptional opportunity for a full transformation and high potential return on investment. The interior has been completely demoed, offering a blank slate to create a custom home that meets the demands of today's market. Located on a deep canal with direct access to Tampa Bay and no bridges, this 3-bedroom, 2-bath home features 75 feet of water frontage and over 1,300 square feet of living space. With all new drywall and wall texture already in place, this property is primed for renovation, and with solar panels paid off at closing, future owners will enjoy virtually no electric bill. The private dock and deep canal access are perfect for attracting boating enthusiasts, while the proximity to Tampa, St. Petersburg, and Sarasota adds further appeal. The property is situated in a no-HOA, no-CDD, and no-deed-restriction neighborhood, offering flexibility for future use and development. Whether you’re looking to flip, rent, or hold, this property provides significant upside in a highly sought-after location. Don't miss this chance to capitalize on this waterfront gem!
Sold for $400,000
$400,000
1016 Silver Palm Way, Apollo Beach, FL 33572
3beds
1,340sqft
Single Family Residence
Built in 1974
9,120 Square Feet Lot
$388,300 Zestimate®
$299/sqft
$3,315 Estimated rent
Home value
$388,300
$353,000 - $423,000
$3,315/mo
Zestimate® history
Owner options
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$3,315/mo
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$3,315/mo
Rent Zestimate®
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$2,741/mo
Est. payment
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$2,741/mo
Est. payment
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List your homeWhat's special
Deep canalPrivate dockWaterfront propertyPrime waterfront propertyBlank slate
Zillow last checked:
Listing updated:
Listing Provided by:
Jeffrey Rock, Jr 727-265-1080,
MAVREALTY 727-314-3942
Bought with:
Jeffrey Rock, Jr, 3246544
MAVREALTY
Source: Stellar MLS,MLS#: TB8358333
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: None
- Laundry: None
Features
- Open Floorplan, Other
- Flooring: Other
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 2,417
- Total interior livable area: 1,340 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal - Saltwater, Saltwater Canal Access
Lot
- Size: 9,120 sqft
Details
- Parcel number: U1631191SQ00006000063.0
- Zoning: RSC-6
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Public
Community & neighborhood
Location
- Region: Apollo Beach
- Subdivision: APOLLO BEACH UNIT 08 A RESUBDI
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2025 | Sold | $400,000-4.5%$299/sqft |
Source:  Stellar MLS #TB8358333 Report a problem | ||
| 3/10/2025 | Pending sale | $419,000$313/sqft |
Source: Stellar MLS #TB8358333 Report a problem | ||
| 3/7/2025 | Listed for sale | $419,000+296%$313/sqft |
Source: Stellar MLS #TB8358333 Report a problem | ||
| 10/20/1993 | Sold | $105,800$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,287 -8.3% | $358,058 +135.3% |
| 2024 | $2,493 +4% | $152,143 +3% |
| 2023 | $2,397 +6.9% | $147,712 +3% |
| 2022 | $2,242 +2.1% | $143,410 +3% |
| 2021 | $2,197 +3.7% | $139,233 +1.4% |
| 2020 | $2,118 +4.5% | $137,311 +2.3% |
| 2019 | $2,027 | $134,224 +1.9% |
| 2018 | $2,027 +2.6% | $131,721 -40.9% |
| 2017 | $1,976 +1.8% | $222,936 +76.4% |
| 2016 | $1,941 +1.8% | $126,358 +0.7% |
| 2015 | $1,907 +0.3% | $125,480 +0.8% |
| 2014 | $1,902 | $124,484 +1.5% |
| 2013 | $1,902 +0.4% | $122,644 +1.7% |
| 2012 | $1,893 +3.7% | $120,594 +3% |
| 2011 | $1,826 +3.2% | $117,082 +1.7% |
| 2010 | $1,769 +3.5% | $115,167 +2.7% |
| 2009 | $1,709 +0.4% | $112,139 +0.1% |
| 2008 | $1,702 -11% | $112,027 +3% |
| 2007 | $1,913 -4.2% | $108,764 +2.5% |
| 2006 | $1,996 +0.5% | $106,111 +3% |
| 2005 | $1,987 | $103,020 +3% |
| 2004 | -- | $100,019 +1.9% |
| 2003 | -- | $98,154 +2.4% |
| 2002 | -- | $95,854 +1.6% |
| 2001 | -- | $94,344 -11.4% |
| 2000 | $1,803 | $106,518 |
Find assessor info on the county website
Neighborhood: 33572
Nearby schools
GreatSchools rating
- 8/10Apollo Beach Elementary SchoolGrades: PK-8Distance: 1 mi
- 3/10Lennard High SchoolGrades: 9-12Distance: 4.2 mi
- 3/10Eisenhower Middle SchoolGrades: 6-8Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Apollo Beach-HB
- Middle: Eisenhower-HB
- High: Lennard-HB
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$388,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$388,300
- Florida
- Hillsborough County
- Apollo Beach
- 33572
- 1016 Silver Palm Way
Nearby cities
Nearby zip codes
Other Apollo Beach Topics
