THREE PATHS TO PROFIT – CHOOSE YOURS!
This property isn’t just a house – it’s a flexible opportunity with multiple exit strategies. Same address, different visions, all with strong upside.
OWNER OCCUPANTS:
Renovate this home exactly the way YOU want it and take advantage of the detached 400+ SF structure as bonus space.… Read More Perfect for a studio, workshop, gym, office, guest quarters, hobby space, or multi-generational living (EFR use may be permissible—verify with city). Build equity through your own design choices instead of paying retail for someone else’s. FHA 203(k) and Homestyle renovation loans allow you to purchase and improve with one loan and one closing. Mature trees add privacy, and the oversized lot gives you room for gardens, pets, play areas, or future outdoor improvements. Live your vision and unlock the home’s full potential.
LANDLORDS & INVESTORS:
The main house is a strong rental performer with area rents averaging $2,100–$2,190/mo. The detached structure offers additional utility for tenant storage, workshop space, home office, or multi-generation housing (EFR). Census tract data shows 95%+ absorption and low inventory—this submarket moves fast. With renovated comparables closing between $286K–$433K, the upside is clear. Excellent long-term hold in a high-demand corridor.
FLIPPERS:
Classic value-add opportunity. Estimated $60K–$80K mid-range renovation with a projected ARV in the mid-to-upper $300s based on recent area comps. Straightforward layout with no known major load-bearing complications, making for an efficient 90–120 day project timeline. Renovated properties here average 35–83 DOM. Strong resale demand supports a clean, profitable flip.
THE CANVAS:
The detached 400+ SF building offers exceptional flexibility—studio, gym, office, storage, workshop, or extended-family space. Large lot provides usability that’s hard to find in Tampa at this price point. Corner-adjacent placement offers visibility without heavy traffic. Landscaping cleanup will dramatically boost curb appeal.
THE REALITY CHECK:
The property requires a full renovation (roof, interior, exterior, and code items). That is exactly where the opportunity exists. Move-in-ready homes nearby regularly sell for $350K–$430K. Renovate this one and capture the spread retail buyers cannot access.
SELLER MOTIVATION:
Direct owner—fast communication and flexible terms. Open to traditional purchases, renovation-loan timelines, and creative structures when appropriate. Quick responses to strong offers.
LOCATION VALUE:
Seminole Heights–adjacent with visible ongoing investment all around. Minutes to USF, downtown (approx. 15 min), Tampa International Airport (approx. 20 min), and I-275. Public water/sewer. Flood Zone X (low risk).
YOUR MOVE:
Tour the property, bring your contractor, and run your numbers. Whether you’re planning your next home, expanding a portfolio, or targeting a flip, this property offers multiple profitable paths.
Sold AS-IS. Buyer responsible for all inspections, due diligence, and code remediation. All uses subject to local zoning and permitting. Read Less
Courtesy of KIRSTEN REALTY INC 800-687-2052
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,547
Lot Size
0.16 Acres
Year Built
1953
MLS Number
TB8454545
Additional Details
Property Access
Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Appliances & Equipment
None
Building
Built in 1953, Living area: 1547, Living area units: Square Feet, Building faces North, 1 storey, Levels: One, Construction Materials: Brick, Metal Siding, Stucco, Frame
Cooling
Central Air
Exterior Features
Patio/Porch Features: Covered, Sidewalk
Fence
Chain Link, Fenced, Wood
Floors
Carpet, Ceramic Tile, Vinyl
Foundation
Slab
Heating
Central, Electric
Interior Features
Split Bedroom
Laundry
Laundry Closet
Lot
0.16 acres, Dimensions: 62x115, City Limits, Level, Near Public Transit, Sidewalk, Paved, Mature Landscaping, Oak Trees
Pets Policy
Allowed: Yes
Property
Fixer, Other structures: Shed(s), Workshop, City
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: A-24-28-18-3EM-000002-00004.0, Public Survey Range: 18, Public Survey Section: 24, Annual Amount: $4,596.55, Tax Block: 2, Tax Book Number: 30-25, Legal Description: HAMNER'S MARJORY B AND W E FLORILAND W 7.5 FT OF LOT 4 AND E 54.5 FT OF LOT 5 BLOCK 2, Lot: 4, Year: 2024, Zoning: RS-60
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
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