Additional Details

• Important Details: --> Vacant at close --> CBS --> Flood Zone X (no flood zone insurance required)
• Features: This 5-bedroom, 4-bathroom, 1,400 SQFT CBS home built in 1960 is being offered vacant at close and sits in a prime Tampa location near Busch Gardens, USF, Tampa International Airport, and the Riverwalk. To maximize potential on the retail market, the property should be gutted and reconfigured into a 4/2, followed by a full cosmetic renovation. A roof replacement is recommended, and while the AC is in working order, servicing or replacement may be needed due to age. Additional value can be added by installing a new driveway and making use of the outdoor shed. With its strong location, Flood Zone X designation (no flood insurance required), and extensive upside through a complete reconfiguration and modernization, this property offers a compelling opportunity for investors seeking a profitable Tampa flip.
• Potential ARV: $350,000-$365,000
• Rehab Description: For a flip or rental, this property will require a full rehab.
• Comparable Rent: $2000-$2200/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 1905 E 99TH AVE, TAMPA, FL 33612 3/2 1326 SQFT 1963 Build PENDING @ 349,000 (Smaller/clean with some updates)
• Comp 2: 9607 N 16TH ST, TAMPA, FL 33612 4/2 1680 SQFT 1987 Build PENDING @ $389,990 (Bigger/updated)
• Comp 3: 1801 E 99TH AVE, TAMPA, FL 33612 5/3 1246 SQFT 1972 Build SOLD @ $385,000 4/23/25 (Smaller/updated)
• Comp 4: 9612 N 16TH ST, TAMPA, FL 33612 4/2 1318 SQFT 1979 Build SOLD @ $370,000 5/23/25 (Smaller/updated)
• Comp 5: 9208 N 27TH ST, TAMPA, FL 33612 3/2 1425 SQFT 1953 Build SOLD @ $350,000 7/8/25 (Clean/updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money 2147 Washington Ave, Naples, FL 34112