$1,199,000

About This Property

RARE 2.28-ACRE MULTI-RESIDENCE COMPOUND WITH LITTLE MANATEE RIVER FRONTAGE! Offered together, 701 and 713 Fish Lips Lane present an extraordinary opportunity to acquire two adjoining parcels containing three single family homes with five separate residences and a vacant .18-acre riverfront lot. Whether envisioned as a multigenerational family compound, investment portfolio, private retreat or combination of owner occupancy and rental income, this one-of-a-kind Ruskin property offers exceptional versatility. 701 Fish Lips Lane features a spacious 2007 single family home with approximately 2,932 square feet. The residence has been configured with a 3-bedroom, 2-bath main living area and an adjoining 1-bedroom, 1-bath in-law suite, providing a total of 4 bedrooms and 3 bathrooms. The approximately 0.56-acre parcel is cleared and mostly fenced. This residence requires minor improvements but it's a beautiful home with a newer roof and offers tremendous potential. 713 Fish Lips Lane features a two-story, 3-bedroom, 2-bath single-family home with approximately 1,762 square feet of air-conditioned living space. The interior has been renovated, and the home features a newer roof, newer A/C system and one-car carport. A screened balcony/deck overlooks the pond and the Little Manatee River, creating a peaceful setting for enjoying the property’s natural surroundings. The 713 parcel also includes a duplex containing two spacious 2-bedroom, 2-bath residences with approximately 2,716 total square feet of air-conditioned space. Both units have been maintained in good condition and are currently tenant-occupied. An approximately 900-square-foot detached covered structure for entertaining sits between the two homes. The parcel also contains a separate approximately 0.177-acre riverfront parcel zoned RSC-6. The parcel previously contained a substantial boathouse that was damaged by Hurricane Milton and subsequently demolished; electrical service reportedly remains. Potential exists for a replacement waterfront structure and/or single-family residence, subject to independent verification and approval by Hillsborough County and all applicable environmental and permitting authorities. Together, the two parcels offer five residences with multiple possibilities for extended family, rental income, workforce housing, a private estate or a strategic investment. Both parcels are zoned RSC-6. Buyers must independently verify zoning, allowable uses, flood-zone requirements, property dimensions, residence configurations, permitting and any future development or redevelopment plans with Hillsborough County and the appropriate governmental authorities. The property is being prepared for full marketing, with additional photography, property details and showing information coming soon. Please do not enter the property or disturb the occupants. Showings will be coordinated after the listing becomes active and appropriate notice has been provided.