Property Description:
This 3-bed, 1-bath, ~1,300 sf block bungalow sits on a 5,227 sf lot in East Tampa/Ybor fringe. The home is vacant and offers a straightforward rehab. HVAC from 2018, water heater from ~2020, and an older roof likely nearing replacement. Interior is dated throughout and will need a full cosmetic modernization to reach the area’s higher end retail numbers. Solid rental or flip opportunity given the surge of renovated bungalows selling north of $300K within a few blocks.
🛠️ Rehab Scope
- Replace older roof
- Full interior cosmetic overhaul: kitchen, bath, flooring, paint, fixtures
- Check electrical panel age + outlets/switches (typical for 1930s–1950s builds)
- Patch/replace drywall as needed
- Exterior paint + landscaping to match neighborhood renovated comps
- Inspect plumbing lines; older homes in this pocket may still have partial galvanized
- Optional: Add interior laundry enclosure if not present
🔵 Comparable Sales
- 3103 N 16th St – 3/1 | 1,508 sf | 1930 | Lot 4,900 sf | $310,000 ($206/sf) – Updated
- 1519 E 29th Ave – 2/1 | 957 sf | 1958 | Lot 6,960 sf | $325,000 ($340/sf) – Fully renovated
- 2925 Sanchez St – 3/1 | 1,395 sf | 1925 | Lot 5,000 sf | $270,000 ($194/sf) – Average finish
- 2903 N 16th St – 2/1 | 1,176 sf | 1942 | Lot 5,000 sf | $359,900 ($306/sf) – High-end renovation
- 1209 E 29th Ave – 2/1 | 1,250 sf | 1928 | Lot 5,768 sf | $329,900 ($264/sf) – Updated
📈 ARV Conclusion
Updated homes in this immediate micro-pocket reliably selling upwards of $330K, with premium finishes pushing higher.
Estimated ARV: $310,000–$330,000
(Closer to the upper range with a full modern renovation.)