Parnell's Sub is a small, older platted subdivision in the Ballast Point area of South Tampa, inside the City of Tampa in Hillsborough County, within ZIP 33611 (Hillsborough County property and listing records, 2026). It sits near Ballast Point Park and the bay end of Bayshore Boulevard, one of many compact recorded subdivisions that make up this stretch of South Tampa.
Like much of older South Tampa, the housing here is a mix: original mid-century stock alongside newer infill rebuilds on the same streets, where a teardown-and-rebuild can sit next door to a home that has not been updated. Condition, roof age, and elevation vary lot to lot, so the parcel, not the subdivision name, sets the floor on value. Confirm the year built, the flood zone, and the condition for any specific home.
The pitch is location: this is South Tampa near Ballast Point, with Bayshore Boulevard, MacDill Air Force Base, and the wider South Tampa school and retail picture close at hand. The work is sorting original homes from rebuilt ones and reading the flood and insurance math honestly before the location sells you.
Because this is a small pocket near the water, the FEMA flood zone, the elevation, and the insurance quote are the diligence that decides whether a deal pencils. The 2024 hurricanes made that lesson concrete across southern 33611, and the carrying cost has to be verified parcel by parcel.