702 W VIRGINIA AVE, TAMPA, FL, 33603
$450,000
Residential
|
Bedrooms
3
|
Bathrooms
1
|
Living Area
1,276 Sqft
|
Lot Size
11,700 Sqft
|
DOUBLE LOT! INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS *Riverside Heights Gem Bordering Tampa Heights* An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk. This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance. Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, there's a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, there's a strong potential for rezoning to commercial or mixed-use. Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures. Don't miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8508379 | Year Built: | 1927 | |
| Appliances: | Electric Water Heater, Range Hood | Architectural Style: | Bungalow | |
| Construction Materials: | Other, Frame | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Hillsborough | |
| Direction Faces: | North | Exterior Features: | Private Mailbox, Sidewalk, Storage | |
| Fencing: | Chain Link, Wood | Fireplace Features: | Living Room | |
| Flooring: | Wood | Foundation Details: | Stem Wall | |
| Furnished: | Unfurnished | Heating: | Central, Electric | |
| Laundry Features: | Inside | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Other | |
| Lot Features: | Corner Lot, Level, Near Public Transit, Oversized Lot, Sidewalk, Street Brick | Occupant Type: | Vacant | |
| Other Structures: | Storage, Workshop | Parking Features: | Ground Level | |
| Patio And Porch Features: | Covered, Front Porch | Possession: | Close Of Escrow | |
| Property Condition: | Completed | Property Sub Type: | Single Family Residence | |
| Property Type: | Residential | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Brick | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Lock Box Electronic-CBS Code Required, See Remarks, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Water Connected | |
| Water Source: | Public | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Kitchen: | Primary Bedroom: | |||
| Living Room: | ||||
We love to hear from you