6425 S Richard Ave, Tampa, FL 33616
SOLD! $229,990
Additional Details
- Important Details: --> 2019 Roof --> Vacant at close --> Flood Zone X (No flood insurance needed)
- Features: This 4/2.5, 1288 SQFT home in sought-after South Tampa is an excellent entry point for a profitable flip or long-term rental. With a 2019 roof, Flood Zone X (no flood insurance needed), and being delivered vacant at close, this property offers strong fundamentals in a high-demand market. Located on a quiet dead-end street for added privacy, it also includes an outdoor shed and sits just minutes from Downtown Tampa, MacDill Air Force Base, major dining, shopping, and entertainment. With limited inventory at this price point in South Tampa, this is a prime opportunity to maximize value through strategic updates and bring a refreshed product to one of Tampa’s most desirable areas.
- Potential ARV: $360,000-$380,000
- Rehab Description: For a flip or rental, this property will require a full interior renovation. The roof was replaced in 2019, but the AC should be changed out. Inside, replace the flooring throughout, update the kitchen and open the layout to create a modern, open-concept design, and fully renovate both bathrooms. Install new fixtures, apply fresh interior and exterior paint, and finish off with landscaping to boost curb appeal and maximize resale or rental value.
- Comparable Rent: $2300-2400/mo
- Ideal Investment Strategy: Resale/Rental
- Construction: FR
- Comp 1: 4016 W MANGO AVE, TAMPA, FL 33616 4/2 1248 SQFT 1958 Build SOLD @ $433,200 10/10/25 (Fully updated)
- Comp 2: 6316 S RICHARD AVE, TAMPA, FL 33616 2/2 1042 SQFT 1924 Build SOLD @ $345,000 9/30/25 (Smaller/some updated)
- Comp 3: 6318 S CHURCH AVE, TAMPA, FL 33616 3/2 1054 SQFT 1986 Build SOLD @ 390,000 9/23/25 (Smaller/updated)
- Comp 4: 6304 S GRADY AVE, TAMPA, FL 33616 3/2 1122 SQFT 1965 Build SOLD @ $388,000 8/26/25 (Smaller/updated)
- Hard Money: Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money















































