Off Market Davis Island Opportunity – Luzon Ave. Tampa For Sale

  • $619,900
  • 4 beds
  • 2 baths
  • 1,659 sqft

Prime real estate on a corner lot in highly sought after Davis Island. The value is in the land and the best way to maximize your return is to replace the existing single family home with a larger and more modern structure that conforms with the trends of the neighboring properties. This street has newer built homes on it and is ready for one more. We recommend keeping the pool and resurfacing it, then adding a 4,000 to 5,000 square foot single-family home. The lot size is approximately 83 X 100 square feet and is slightly larger than the comps provided. The current home is approximately 1,659 square feet, the property features 4 bedrooms, 2 bathrooms, a bonus room, and a screened-in pool and hot tub. Recent updates include a new air conditioner, duct work, and tile flooring throughout. The master bathroom has been remodeled and the pool pump was replaced in 2018. Property features a circular driveway but does not have a garage and there is a privacy fence surrounding the back yard. While this is a new build opportunity, with some sweat equity the right investor could turn this into a profitable flip project. Off market properties in this area are rare and usually go quickly.

Price:
$619,900
Address:
Luzon Ave.
Tampa, FL 33606
Square Feet:
1,659
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1957
Basement:
$850,000
MLS #:
Rental: $3,500 mo. / $42,000 yr., Flip: $2,000,000

Call (407) 678-0062 for more details

Property Location