501 E SPARKMAN AVE, TAMPA, FL, 33602
$595,000
Residential
Bedrooms
3
Bathrooms
2
Living Area
1,350 Sqft
Lot Size
5,814 Sqft
Welcome to this historic Tampa Heights gem, perfectly situated on a premier corner lot in Flood Zone X that beautifully blends historic character with modern comfort. Offering immediate rental cash flow with all brand-new appliances included, the existing home is ideal to lease out while you secure your building permits. For builders and investors, this parcel features rare RM-24 zoning and highly flexible rear-alley access, unlocking the potential to construct three to four new townhomes. The owner has already jumpstarted the development process—saving you immense time and money—by including a boundary survey, tree survey, and complete architectural plans for 2-unit, 3-unit, and 4-unit three-story townhome configurations, alongside existing CA approvals.Beyond its incredible investment upside, this property offers an unmatched, walkable urban lifestyle. You are just minutes from Armature Works, the Tampa Riverwalk, Downtown Tampa, Water Street, Ybor City, and the University of Tampa. This highly connected neighborhood is poised for major appreciation, sitting steps from the upcoming Robles Park developments, a brand-new YMCA, and a planned streetcar extension. Commutes are effortless with quick access to major transit lines, Hyde Park Village, and Tampa International Airport, while pristine gulf beaches are just a 30-minute drive away. Please note that one or more photos have been virtually staged to showcase the lot's potential (grass)
Property Details
Property Features Property Features
MLS ID: MFRTB8515904 Year Built: 1994
Appliances: Convection Oven, Dryer, Electric Water Heater, Microwave, Range, Washer Construction Materials: Frame
Cooling: Central Air Country: US
County Or Parish: Hillsborough Direction Faces: North
Exterior Features: Awning(s) Flooring: Ceramic Tile, Vinyl
Foundation Details: Slab Furnished: Unfurnished
Heating: Central Laundry Features: Laundry Closet, Laundry Room
Levels: Two Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Occupant Type: Tenant
Property Sub Type: Single Family Residence Property Type: Residential
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Other, See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Water Source: Public
Rooms Rooms
Balcony/Porch/Lanai: Living Room:
Primary Bedroom: Laundry:
Kitchen:
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