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Jessy Sanabria

jesenia.sanabria@lptrealty.com +1(239) 464-1359

$ 250,000

Est. payment -/mo

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3415 N 51ST ST Tampa, FL 33619

3 Beds

2 Baths

760 SqFt

UPDATED:

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

Listed by FLORIDA REAL ESTATE PARTNERS

Jessy Sanabria

Realtor | License ID: SL3562193

+1(239) 464-1359

Jessy Sanabria

3415 N 51ST ST Tampa, FL 33619

Key Details

Location

Interior

Exterior

Building

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3415 N 51ST ST