Tampa · Commercial sale
MIDFLORIDA Credit Union buys 10503 Gibsonton Dr in Riverview for $3.2 million
A drive-in restaurant at 10503 Gibsonton Dr, Riverview sold for $3,200,000 on September 24, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $3,200,000
- Recorded
- September 24, 2026
- Property type
- Drive-in restaurant
- Building area
- 3,658 sq ft
- Price per sq ft
- $875
- Year built
- 2006
A drive-in restaurant at 10503 Gibsonton Dr in Riverview sold for $3,200,000, according to a special warranty deed recorded September 24, 2026 with the Hillsborough County Clerk of Court. That made it the second-highest-priced deed recorded in Hillsborough County that day.
The price towers over the numbers on file. The Property Appraiser's records put the market value at $1,971,111, and the sale price is 62% above that. The most recent earlier sale on record is $795,000 in 2006; this price is 4 times that.
The Property Appraiser's records show 3,658 square feet of building area, a 2006 construction date and a 1.22-acre lot. At that size, the price works out to $875 per square foot. An aerial photo of the property shows it sits at a street corner, with shops and offices around it.
The deed lists Tommy's Express Holdings, Inc., a Florida corporation, as the seller and MIDFLORIDA Credit Union, a state-chartered credit union, as the buyer.
What this sale costs to close
What does closing cost at this price? Under Hillsborough County custom the seller's larger charges are $22,400 for the documentary stamp tax on deed and $10,575 for the owner's title insurance policy. The seller's estimated net is $3,142,517 before brokerage commissions and any loan payoff. A cash buyer would need about $3,177,160 at closing.
Source: Hillsborough County Clerk of Court, Official Records, instrument 2026375414. Property details: Hillsborough County Property Appraiser records, published by Hillsborough County. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
