8820 S HICKORY LANE, Riverview, FL, 33578 | $1,350,000

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!

Features

  • Rooms: 3
  • Bedrooms: 9
  • Baths: 7 full / 1 half
  • Lot Size: 169 x 182.27
  • Laundry: Laundry Closet, Laundry Room
  • Year Built: 1988
  • Garage: 2-car Covered, Driveway, Garage Door Opener, Guest, Off Street
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 5,410
  • Acreage: 1.06
  • Lot Size: 169 x 182.27
  • Est. Taxes: $20,020
  • Lot Desc: Flood Insurance Required
  • View: Pool, Water
  • Elem. School: Bing-HB
  • Middle School: Giunta Middle-HB
  • High School: Spoto High-HB
  • Pool: Above Ground
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • MLS#: TB8365558
  • Days on Market: 257 days
  • Website: https://www.raveis.com
    /eprop/TB8365558/8820shickorylane_riverview_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). 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. (last updated 1/30/2026 10:37:52 PM)
Listing courtesy of LPT REALTY LLC   Phone: 813-359-8990

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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8820 S HICKORY LANE, Riverview, FL, 33578

$1,350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,080,000 $1,080,000 $1,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.007% 5.952%
Monthly Tax Payment $1,668 $1,668 $1,668
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,132 $6,389 $8,968
Total Monthly Payment $7,925 $8,182 $10,761

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.