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Here is a great opportunity to break into the developer side of flipping and take on a great new build project! This property is located in the popular Tampa Heights area and sits on a larger than normal size lot at 8,601 sq/ft. We recommend building a new home to maximize your profit margins. New homes in this area are selling for well over $395K. The current home on the property is 2 bedrooms, 1 bathroom, 704 sq/ft and is currently being rented for $800 per month. The tenant is currently on a month to month lease. If you are ready to start right away, the tenant has flexibility. If you have other projects you are wrapping up, steal this flip for less than $100K and keep it in the pipeline while you sit back and collect rent until your plans are approved for the build. This property won’t last long. Give us a call today for more information and to schedule a showing.
Tampa Heights Area
No HOA
Est Rehab: New Build appx. $200,000
Est. ARV: $395,000
Current Monthly Rent: $800
- Address: North Ola Avenue, Tampa, Florida
- Price: $89,900
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 2
- Bathrooms: 1
- Total Square Feet: 704
- Year Built: 1927