501 E SPARKMAN AVENUE

$595,000

$441/sq ft

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Overview

Bedroom

3

Bath

2

Year Built

1994

Sqft

1350

Property Type

Single Family Residence

Property Description

Welcome to this historic Tampa Heights gem, perfectly situated on a premier corner lot in Flood Zone X that beautifully blends historic character with modern comfort. Offering immediate rental cash flow with all brand-new appliances included, the existing home is ideal to lease out while you secure your building permits. For builders and investors, this parcel features rare RM-24 zoning and highly flexible rear-alley access, unlocking the potential to construct three to four new townhomes. The owner has already jumpstarted the development process—saving you immense time and money—by including a boundary survey, tree survey, and complete architectural plans for 2-unit, 3-unit, and 4-unit three-story townhome configurations, alongside existing CA approvals.Beyond its incredible investment upside, this property offers an unmatched, walkable urban lifestyle. You are just minutes from Armature Works, the Tampa Riverwalk, Downtown Tampa, Water Street, Ybor City, and the University of Tampa. This highly connected neighborhood is poised for major appreciation, sitting steps from the upcoming Robles Park developments, a brand-new YMCA, and a planned streetcar extension. Commutes are effortless with quick access to major transit lines, Hyde Park Village, and Tampa International Airport, while pristine gulf beaches are just a 30-minute drive away. Please note that one or more photos have been virtually staged to showcase the lot's potential (grass)

Property Details

MLS#

TB8515904

Address

501 SPARKMAN E

City

Tampa

State/county

FL

Zip/Postal Code

33602

Area

Campbells

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,431

Maint Fee

$--

Tax Year

2025

Convection Oven

Dryer

Electric Water Heater

Microwave

Range

Washer

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Boris Gelfand