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This is a great opportunity for an investor to turn this into a beautiful master piece in an up and coming neighborhood. Property currently consists of three bedrooms and one bathroom. A substantial rehab will be needed to achieve the full value of this home. We recommend framing out additional bedrooms and office space, as well as an additional bathroom. It is located on a double lot.
There a a few different possibilities with this one including, rehabbing it as-is, rehabbing the front home and possibly developing a second home on the additional lot, or rehab the current home and sell the back lot to a developer. Either way, this investment has a number of different strategies that can be considered to make this property worth your time.
Ybor/Cushing, No HOA
Est. Rehab: $84,150
Est. ARV: $280,000
Recent Area Sales / Activity:
- 703 E Emily St – 5/2, 2731 SF – Listed for $259.9k
- 1002 E 24th Ave – 3/2.5, 1627 SF – Pending for $239.9k
- 1102 E 26th Ave – 4/2, 2821 SF – Pending for $249.9k
- 1001 E 25th Ave – 3/3, 1926 SF – Sold 4/14/17 for $264k
- 2921 N 9th St – 3/2, 1707 SF – Sold 8/24/17 for $217.5k
- Address: North 11th Street, Tampa, Florida 33605
- Price: $129,900
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 1
- Total Square Feet: 2870
- Year Built: 1925