Potential Flip with Huge Potential in Tampa For Sale

  • $299,000
  • 3 beds
  • 2 baths
  • 1,288 sqft

Property Description:

This 1,420 sq ft 3-bed, 2-bath block home sits on a 9,310 sq ft lot in Tampa’s Forest Hills area, backing to the golf course. Built in 1956, the property has a carport, a straightforward mid-century floor plan, and a reported roof (approx. 7 years old) and HVAC (approx. 4 years old) already in place.

The interior is dated and in need of a full cosmetic renovation, including new paint, flooring, kitchen and bath remodels, and fixture replacements. While the mechanicals appear serviceable, buyers should verify the age and condition of plumbing and electrical. Landscaping and exterior cleanup will enhance curb appeal, and with the roof and HVAC already handled, focus will be on modernizing finishes.

🔴 Recently Sold / Pending

· 1708 W Followthru Dr – 1,080 sq ft, built 1955 → Sold $380,000 ($352/sq ft) – updated

· 2315 Carroll Pl – 1,564 sq ft, built 1955 → Pending $420,000 ($269/sq ft) – larger, some updates

· 2317 Carroll Grove Dr – 1,339 sq ft, built 1956 → Sold $430,000 ($321/sq ft) – updated

· 10322 N Oakleaf Ave – 1,600 sq ft, built 1954 → Pending $496,900 ($311/sq ft) – updated

· 10119 Cliff Cir – 1,339 sq ft, built 1957 → Pending $350,000 ($261/sq ft) – dated fixer

✅ ARV Conclusion

Comps range from $261–$352 per sq ft, with updated homes pushing the higher end. Given the subject’s golf-course location and solid size:

  • Likely ARV: ~$430,000–$465,000 (at $300–325/sq ft with cosmetic rehab)
  • High-End ARV: ~$485,000+ (if finished to a higher standard and curb appeal maximized)

At the current asking price of $299,000, this property provides a strong margin for a cosmetic renovation, with roof and HVAC costs largely off the table and upside in bringing the interior to modern standards.

Price:
$299,000
Address:
N Valle Dr
Tampa, FL 33612
Square Feet:
1,288
Lot Size:
0.21 Acres
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1956
Const. Type:
Block
MLS #:
$415,000-$430,000 +/-

Call (321) 379-5777 for more details

Property Location