702 W Virginia Avenue, Tampa, FL 33603

$450,000
3
BD
1
BA
1,276
SqFt

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List Price
$450,000
Status
Pending
Days on Market
64
MLS#
TB8508379
Property Style
Single Family
Architectural Style
Bungalow
Year Built
1927
Bedrooms
3
Bathrooms
1
Living Area
1,276
Lot Size
11,700
Acres
0.27
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Riverside North
Complex/Comm Name
Riverside North
MLS Area Major
Tampa / Seminole Heights

Property Description

Under contract-accepting backup offers. EXTRA LARGE LOT: 1.5 LOTS! INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS *Riverside Heights Gem Bordering Tampa Heights* An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk. This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance. Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, there's a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, there's a strong potential for rezoning to commercial or mixed-use. Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures. Don't miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.

Additional Information

Taxes
$7598
Location
Corner Lot, Level, Near Public Transit, Oversized Lot, Sidewalk, Street Brick
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RS-60
Interior Layout
Ceiling Fans(s), Thermostat
Interior Features
Ceiling Fans(s), Thermostat
Floor
Wood
Appliances
Electric Water Heater, Range Hood
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Fireplace Description
Living Room
Exterior Construction
Other, Frame
Exterior Features
Private Mailbox, Sidewalk, Storage
Roof
Shingle
Foundation
Stem Wall
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Garage Features
Ground Level
Elementary School
Broward-Hb
Middle School
Stewart-Hb
High School
Hillsborough-HB
Fences
Chain Link, Wood
Flood Zone Code
X
Parcel ID
A-11-29-18-4HA-000009-00001.0
Legal Description
RIVERSIDE NORTH LOT 1 AND E 1/2 OF LOT 2 BLOCK 9

Listing courtesy of KELLER WILLIAMS SOUTH TAMPA. murraycoleman@kw.com

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