3806 N MATANZAS AVENUE

$490,000

$211/sq ft

$35,000
Price Decreased

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Overview

Bedroom

3

Year Built

1954

Sqft

2322

Property Type

Triplex

Property Description

Under contract-accepting backup offers. Yes, this is truly a gem — a rare opportunity that checks every box for homeowners, investors, and builders alike. Nestled on a spacious .3-acre corner lot, this beautifully reimagined property offers flexibility, value, and undeniable potential. This lot is big enough for 2 HOMES! Currently configured as a triplex, it features 3 bedrooms, 3 bathrooms, and a fully functioning efficiency unit — perfect for extended family, long-term tenants, or Airbnb guests. Prefer a traditional layout? It can easily be converted back into a single-family home, with a well-designed floor-plan already in place. Step inside to find thoughtful upgrades throughout, including a modern kitchen with granite countertops, soft-close shaker cabinets, and quality finishes that elevate the space. Whether you're searching for a turnkey home or a high-yield investment, this property offers the best of both worlds. But the real magic lies in the land: the oversized lot offers the potential to split the parcel and build a second home — a rare opportunity in such a prime location. Zoned residential SFR, developers and builders will immediately recognize the value. Live in one, rent or sell the other, or develop both with a projected gross value of $1.5M+. The options are endless, and the upside is clear. No HOA , no flood zone, and no CDD And when it comes to location, it doesn’t get more central. You're just steps from Raymond James Stadium, home of the Tampa Bay Buccaneers and major events like Taylor Swift and Beyoncé, and minutes from Midtown, St. Joseph’s Hospital, George Steinbrenner Field, Downtown Tampa, Ybor City, Armature Works, the University of Tampa, USF, HCC, the Riverwalk, and enjoy quick access to I-275 and the Veterans Expressway. Whether you're looking to live, invest, or build — this property delivers on potential, flexibility, and unmatched location. Opportunities like this are rare. Let your vision take shape right here.

Property Details

MLS#

TB8431197

Address

3806 MATANZAS N

City

Tampa

State/county

FL

Zip/Postal Code

33607

Area

John H. Drew's First Extension

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,174

Maint Fee

$--

Tax Year

2024

Range

Refrigerator

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Boris Gelfand