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1804 E 138TH Avenue

Tampa, FL 33613
  • $274,375
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: A4556157
$274,375
  • 5
    BEDS
  • 0.52
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,550
    SQFT
  • $177
    $/SQFT
Type:
Single-Family Home
Built:
1962
County:
Area:

School Ratings & Info

Description

INCREDIBLE OPPORTUNITY!! There is so much going on with this one and so many potential exit strategies, I will try to cover it all.. This property is located in UNINCORPORATED HILLSBOROUGH COUNTY and zoned Residential Multi-family Commercial -20. It is a 5-minute drive to the University of South Florida (USF) and 15-20 minutes away from Downtown Tampa, Tampa International Airport, Ybor City, and Tampa's Riverwalk area. This house needs a full remodel or re-developed. Hillsborough County has it designated as a Residential Single Family, however, the property has two units and two separate electric meters. According to the Tampa Electric Company, they have it listed as Unit A and Unit. DEVELOPERS, The house sits on the east side of the half-acre lot. After reviewing the county setback requirements and a land survey, there is a potential to split the lot. There is a play here with developing the second lot or scraping the lot and starting from scratch. Because of the zoning, you could consider going multi-family or splitting into multiple single-family lots. LANDLORDS, the 1550 sqft house is currently split into two units and the electricity is already metered separately. The main house is 4 Bed 2 Bath and the second unit is 1 Bed 1 Bath. , with a facelift, renting both units out would generate great income. Being located in Unincorporated Hillsborough County, there is a short-term rental potential as well! FLIPPERS, this house has good bones. With a tasty remodel, this property can be re-sold for a decent profit. The second unit's kitchen is currently not considered under heated square footage and could be an easy value add. As I mentioned above, the lot is huge and the setbacks also open up the opportunity to split the lot and make money on the land! Please do your own due diligence. **Work will continue to be done on this property, and the price will be adjusted accordingly.

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-01-30T23:42:29.413.
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1804 E 138TH Avenue Tampa, FL 33613

  • Price: $274,375
  • Status: Active
  • On Site: 26 Days
  • MLS #: A4556157
5
Beds
3
Baths
0
½ Baths
0.52
Acres
1,550
SQFT
$177
$/SQFT
1962
Built
Neighborhood:
Byars Revision Of Sunnyland Ac
County:
Hillsborough
Area:
Tampa
Property Description
INCREDIBLE OPPORTUNITY!! There is so much going on with this one and so many potential exit strategies, I will try to cover it all.. This property is located in UNINCORPORATED HILLSBOROUGH COUNTY and zoned Residential Multi-family Commercial -20. It is a 5-minute drive to the University of South Florida (USF) and 15-20 minutes away from Downtown Tampa, Tampa International Airport, Ybor City, and Tampa's Riverwalk area. This house needs a full remodel or re-developed. Hillsborough County has it designated as a Residential Single Family, however, the property has two units and two separate electric meters. According to the Tampa Electric Company, they have it listed as Unit A and Unit. DEVELOPERS, The house sits on the east side of the half-acre lot. After reviewing the county setback requirements and a land survey, there is a potential to split the lot. There is a play here with developing the second lot or scraping the lot and starting from scratch. Because of the zoning, you could consider going multi-family or splitting into multiple single-family lots. LANDLORDS, the 1550 sqft house is currently split into two units and the electricity is already metered separately. The main house is 4 Bed 2 Bath and the second unit is 1 Bed 1 Bath. , with a facelift, renting both units out would generate great income. Being located in Unincorporated Hillsborough County, there is a short-term rental potential as well! FLIPPERS, this house has good bones. With a tasty remodel, this property can be re-sold for a decent profit. The second unit's kitchen is currently not considered under heated square footage and could be an easy value add. As I mentioned above, the lot is huge and the setbacks also open up the opportunity to split the lot and make money on the land! Please do your own due diligence. **Work will continue to be done on this property, and the price will be adjusted accordingly.
Exterior Features

Carport Yn No Construction Materials BlockStucco Covered Spaces 0 Direction Faces South Exterior Features Storage Foundation Details Slab Lot Features Unincorporated Lot Size Dimensions 173.2X132 Open Parking YN No Pool Private Yn No Road Surface Type Gravel Roof Shingle Spa YN No Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances None Building Area Total 1550 Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Yn No Flooring ConcreteOther Heating Wall Units / Window Unit Heating YN Yes Interior Features Living Room/Dining Room Combo Levels One Room Count 3 Rooms Kitchen Living Room Master Bedroom Sewer Septic Tank Stories Total 1 Water Source Public

Property Features

Additional Lease Restrictions Please Verify With County. Approval Process Please Verify With County. Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code N/A Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms Cash Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Tax Annual Amount 1000.64 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity Connected Yrs Of Owner Prior To Leasing Re No Zoning Rmc-20


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Savvy Avenue, Llc: 888-490-1268.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-01-30T23:42:29.413.
 
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