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Single Family House 3 bedrooms - GRANT PARK for Sale

3415 N 51ST, TAMPA, FL 33619

Asking Price$223,500 Change Price$1,500

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  • Days on market:

    85 day(s)
  • Original Price:

    $250,000
  • Price per sqft:

    $294.08
  • Tax Legal Description:

    GRANT PARK LOTS 19 AND 20 BLOCK 23
  • Tax Year:

    2024
  • Property Type:

    Single Family
  • Construction Type:

    Wood Frame
  • Roof:

    Metal
  • Cooling Description:

    None
  • Heating Description:

    Other
  • Floor Description:

    TileVinyl
  • Interior Features:

    Ceiling Fan(s)
  • Exterior Features:

    Other
  • Equipment/Appliances:

    Refrigerator Range
  • Special Listing Conditions:

    None

Description

$223,500 • three bedroom(s) • two full bathroom(s) • living size area 760 sqft

Discover a desirable double-lot opportunity in tampa's prime grant park neighborhood! this offering includes lots 19 & 20, totaling 10,700 sq ft (100' x 107'), featuring a functional 3-bedroom, 2-bathroom frame home with a metal roof. the true value lies in the land's exceptional development potential: subdivide into two standard buildable lots to construct two brand-new homes, a strategy strongly supported by area comps. enjoy flexible options including removing the existing home or moving it over 10 feet mol to retain it while building on or selling the second lot. priced strategically to reflect the total potential (evidenced by recent nearby sales: 133k for a 2/1 home and 175k for a 3/1.5), this versatile investment caters to multiple strategies. build two new homes, utilize the existing house as a buy-and-hold rental (solid rental comps available), execute a value-add flip, or expand your portfolio. while functional, the home's presentation is dated, reflecting a handyman-special, bank-owned style. this is more than just a property; it's a chance to control a piece of grant park with unparalleled potential for growth and profit, offering development, land value, multi-unit, and adu (accessory dwelling unit) opportunities. it's an ideal value-add investment for strategies like brrrr (buy, rehab, rent, refinance, repeat), buy-and-hold cash flow, capital appreciation, high roi, or a quick fix-and-flip.

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