3415 N 51ST ST new Save Request In-Person Tour Request Virtual Tour
Tampa,FL 33619
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 760 sqft
Price per Sqft $328
Subdivision Grant Park
MLS Listing ID W7876311
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1948
Annual Tax Amount $2,882
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 100x107
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Discover a desirable double-lot opportunity in Tampa's prime Grant Park neighborhood! This offering includes Lots 19 & 20, totaling 10,700 sq ft (100' x 107'), featuring a functional 3-bedroom, 2-bathroom frame home with a metal roof. The true value lies in the land's exceptional development potential: subdivide into two standard buildable lots to construct two brand-new homes, a strategy strongly supported by area comps. Enjoy flexible options including removing the existing home or moving it over 10 feet MOL to retain it while building on or selling the second lot. Priced strategically to reflect the total potential (evidenced by recent nearby sales: 133k for a 2/1 home and 175k for a 3/1.5), this versatile investment caters to multiple strategies. Build two new homes, utilize the existing house as a buy-and-hold rental (solid rental comps available), execute a value-add flip, or expand your portfolio. While functional, the home's presentation is dated, reflecting a handyman-special, bank-owned style. This is more than just a property; it's a chance to control a piece of Grant Park with unparalleled potential for growth and profit, offering development, land value, multi-unit, and ADU (accessory dwelling unit) opportunities. It's an ideal value-add investment for strategies like BRRRR (Buy, Rehab, Rent, Refinance, Repeat), buy-and-hold cash flow, capital appreciation, high ROI, or a quick fix-and-flip.
Location
State FL
County Hillsborough
Community Grant Park
Area 33619 - Tampa / Palm River / Progress Village
Zoning RM-16
Interior
Interior Features Ceiling Fans(s)
Heating Other
Cooling None
Flooring Tile,Vinyl
Fireplace false
Appliance Range,Refrigerator
Laundry Inside,Laundry Room
Exterior
Exterior Feature Other
Utilities Available Public
Roof Type Metal
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Others
Pets Allowed Cats OK,Dogs OK,Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://youtu.be/mB6La1yn558?si=br5CQ3JJ13i8Wy3h