9634 BALM RIVERVIEW ROAD, Riverview, FL, 33569 | $1,500,000

Investor alert! Developer’s dream! This is a rare opportunity to acquire 7. 35 acres of prime, flat, and buildable land in one of Riverview’s fastest-growing, high-demand corridors — with the flexibility to build, hold, or create your own vision. Currently zoned ASC-1, the property has Future Land Use designation R-6, allowing rezoning to build up to 44 single-family homes, villas, or townhomes. The parcel offers excellent site layout potential with dual road access from Balm Riverview Rd and Scotts Loop, supporting both development flow and community design. Utilities are accessible — the property is currently on well and septic, but public water and sewer are located directly across the street, making the transition to full development seamless. Set in a rapidly developing area, the property is just one street over from a brand-new AdventHealth hospital project, further boosting property values and long-term demand. The site is also close to top-rated schools, the local YMCA, Planet Fitness, and numerous shopping and dining options, including major retailers, casual eateries, and daily essentials — all within a few minutes’ drive. This is a location buyers and renters are already targeting for lifestyle, convenience, and value. Whether your strategy is build-for-sale, build-for-rent, or simply land bank while the value appreciates, this property delivers on all fronts. This is one of the few remaining large parcels in this part of Riverview with the zoning flexibility and location to support a profitable residential community or alternative use. Contact us today for site plans, and zoning reports.

Features

  • Property Type: Agriculture
  • Construction: Other
  • Utilities: Sewer Nearby, Water Nearby
  • Levels: 1
  • Cooling: Other
  • Year Built: 1959
  • Approx Sq. Feet: 1,496
  • Acreage: 7.35
  • Est. Taxes: $1,930
  • Lot Desc: Wooded
  • MLS#: TB8444296
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/TB8444296/9634balmriverviewroad_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 1/13/2026 9:47:08 PM)
Listing courtesy of ARK REALTY   Phone: 813-679-7717

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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9634 BALM RIVERVIEW ROAD, Riverview, FL, 33569

$1,500,000

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 $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.229% 6.121% 6.018%
Monthly Tax Payment $161 $161 $161
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,813 $7,195 $10,045
Total Monthly Payment $7,099 $7,481 $10,331

* 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.