Beds
4
Baths
3
Sq Ft
2,061 sq ft
Year Built
1970
Lot Size
0.30 acres
Garage
2
About This Property
Exceptional waterfront redevelopment opportunity in the highly sought-after community of Bay Crest! Situated on an oversized 13,000+ sq. ft. lot with direct canal access to Old Tampa Bay, this rare property offers endless possibilities to renovate, expand, or build your dream waterfront estate. Enjoy a short boat ride to some of Tampa Bay's favorite waterfront destinations, including Bahama Breeze, Hula Bay, Salt Shack, Safety Harbor, and the St. Pete Pier. Bay Crest residents also enjoy exclusive access to a private community boat ramp and the freedom of no deed restrictions. Ideally located just minutes from the Veterans Expressway, I-275, Tampa International Airport, International Plaza, the Westshore Business District, downtown Tampa, Rocky Point Golf Course, Skyway Park Sports Complex, Berkeley Preparatory School, and the area's beautiful beaches, this property offers the perfect combination of convenience, lifestyle, and investment potential. Whether you're looking to renovate the existing home or create the ultimate custom waterfront retreat, this exceptional oversized lot presents a rare opportunity to enjoy the very best of Tampa Bay living.
Property Overview
Interior Features
Exterior & Lot
Pool & Spa
Waterfront
Utilities
Parking
HOA & Community
Financial Details
Schools
Directions
From I-275 North: Take Exit 39 toward FL-589 N/Veterans Expressway. Continue on FL-589 N and take Exit 1A for Memorial Highway. Turn left onto Memorial Highway, then turn right onto Bay Crest Drive. Continue on Bay Crest Drive and turn left onto Palisades Drive. The property, 8725 Palisades Dr, will be on your right. From the Veterans Expressway (FL-589): Take Exit 1A for Memorial Highway. Turn left onto Memorial Highway, then right onto Bay Crest Drive. Continue straight and turn left onto Palisades Drive. Proceed to 8725 Palisades Dr, which will be on your right.
Location
8725 PALISADES DRIVE, TAMPA, FL 33615
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$680,000
Loan Term
Nearby Schools
How to Buy This Home
Multiple financing options available for this $680,000 home in TAMPA.
🏛️
FHA Loan
$23,800 Down
Government-backed, low down payment. Credit scores as low as 580.
🏦
Conventional
$34,000 Down
Traditional financing. As low as 3-5% down with good credit.
Florida Down Payment Assistance Programs
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Hillsborough County SHIP
Varies
Income-qualifying Hillsborough residents
Can You Afford This Home?
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: October 17, 2026.