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Sold for $475,000
  • $475,000

    8616 MAGNOLIA STREET, GIBSONTON, FL 33534

    2beds
    1,611sqft
    Single Family Residence
    Built in 1960
    37.18 Acres Lot
    $475,400 Zestimate®
    $295/sqft
    $2,480 Estimated rent

    Home value

    $475,400

    $442,000 - $509,000

    $2,480/mo

    Zestimate® history
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    What's special

    One-of-a-kind waterfront retreat in Gibsonton tucked along the beautiful Alafia River with direct access to Tampa Bay. Built of solid concrete block construction, this unique 2-bedroom, 2-bath home offers more than 1,600 square feet of living space and a layout that is anything but ordinary. While officially a two-bedroom home, the flexible floor plan includes multiple gathering areas and bonus spaces that can easily accommodate overnight guests, making it an ideal weekend getaway, vacation home, fishing retreat, or riverfront gathering place for family and friends. The kitchen is simple and functional, a classic waterfront camp where the focus is less on cooking indoors and more on enjoying life outside. And that's where this property truly shines. Step into the oversized screened lanai overlooking the Alafia River and you'll immediately understand what makes this property special. Outside, you'll find a large screened in swimming pool complete with a diving board, plenty of room for entertaining, and waterfront views that create the perfect backdrop for relaxing weekends, sunset cocktails, and unforgettable gatherings. Boaters will appreciate the property's location on the Alafia River, offering quick access to the open waters of Tampa Bay in just minutes. Whether you enjoy fishing, cruising, kayaking, or simply watching boats pass by, this location delivers the Florida waterfront lifestyle many dream about. Many of the neighbors have docks, so adding one could be something to look foward to or join the nearby Freedom Boat Club and take a boat on the water when you want with out the responsibility of owning one. One of the property's most charming features is its proximity to a popular local waterfront restaurant, Jerry's Dockside Bar & Grill, just a few doors away. Hop on your golf cart, head down the street, and enjoy dinner, drinks, and riverfront views without ever getting in your car. Located in historic Gibsonton, a town famous for its colorful and unique past, this home perfectly reflects the character and charm that make "Gibtown" unlike anywhere else in Florida. If you've been searching for a waterfront home on the Alafia River, a Tampa Bay boating property, a weekend retreat, or a place where memories matter more than perfection, 8616 Magnolia Street may be exactly what you've been looking for.

    Zillow last checked:

    Listing updated:

    Listed by:

    Allison Newlon 813-263-8644,

    PLATINUM PROPERTIES OF FLORIDA LLC 813-263-8644,

    Jacob Wieland 352-424-1381,

    PLATINUM PROPERTIES OF FLORIDA LLC

    Bought with:

    Allison Newlon, 707010

    PLATINUM PROPERTIES OF FLORIDA LLC

    Jacob Wieland, 3325939

    PLATINUM PROPERTIES OF FLORIDA LLC

    Source: Stellar MLS,MLS#: TB8518980MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: Room2
    • Features: Built-in Closet
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Great room
    • Description: Room3
    • Level: First
    • Area: 300 Square Feet
    • Dimensions: 15x20
    Kitchen
    • Description: Room1
    • Level: First
    • Area: 48 Square Feet
    • Dimensions: 8x6
    Heating
    • Wall Units / Window Unit
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fan(s)
    • Flooring: Luxury Vinyl, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 1,611
    • Total interior livable area: 1,611 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch, Rear Porch, Screened
    • Exterior features: None
    • Has private pool: Yes
    • Pool features: Diving Board, Gunite, In Ground, Screen Enclosure
    • Fencing: Chain Link,Other
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: River Front, River Access
    • Body of water: ALAFIA RIVER
    Lot
    • Size: 37.18 Acres
    • Dimensions: 104.5 x 155
    • Features: Flood Insurance Required, FloodZone, In County
    Details
    • Parcel number: 0501640000
    • Zoning: RSC-6
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Foundation: Slab
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: MAGNOLIA BEACH UNIT 1
    HOA
    • Has HOA: No
    Location
    • Region: Gibsonton

    Financial & listing details

    • Price per square foot: $295/sqft
    • Tax assessed value: $454,309
    • Annual tax amount: $2,364
    • Date on market: 6/14/2026
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/9/2026Sold$475,000$295/sqft
    Source: Stellar MLS #TB8518980 Report a problem
    6/21/2026Pending sale$475,000$295/sqft
    Source: Stellar MLS #TB8518980 Report a problem
    6/14/2026Listed for sale$475,000$295/sqft
    Source: Stellar MLS #TB8518980 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,388 +11.5%$188,386 +2.9%
    2024$2,142 +4.7%$183,077 +3%
    2023$2,046 +3.6%$177,745 +3%
    2022$1,975 +0.4%$172,568 +3%
    2021$1,966 +2.7%$167,542 +0.6%
    2020$1,914 +4.2%$166,580 +2.3%
    2019$1,838 $162,835 +1.9%
    2018$1,838 +1.9%$159,799 -41.1%
    2017$1,803 -14.3%$271,350 +82.9%
    2016$2,103 -7.6%$148,329 +0.7%
    2015$2,277 +0%$147,298 +0.8%
    2014$2,276 $146,129 +1.5%
    2013$2,276 +0.4%$143,969 +1.7%
    2012$2,267 +5.6%$141,562 +4.5%
    2011$2,148 +2.9%$135,433 +1.5%
    2010$2,086 +3.3%$133,432 +2.7%
    2009$2,019 +0.3%$129,924 +0.1%
    2008$2,014 -8.9%$129,827 +3%
    2007$2,210 -5.5%$126,046 +2.5%
    2006$2,339 +0.3%$122,972 +3%
    2005$2,331 $119,390 +3%
    2004-- $115,913 +1.9%
    2003-- $113,752 +2.4%
    2002-- $111,086 +1.6%
    2001-- $109,337 -14.4%
    2000$2,125 $127,788
    Find assessor info on the county website

    Neighborhood: 33534

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gibsonton-HB
    • Middle: Dowdell-HB
    • High: East Bay-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
    $475,400
    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
    $475,400