Property Description:
This 1,356 sq ft 3-bed, 1-bath block home sits on a 9,147 sq ft lot in Tampa’s 33610 zip code. Built in 1963, the property is also in Flood Zone X.
Repair items include a roof replacement, water heater replacement (15+ years old), and interior cosmetic updating. The AC was replaced in 2018. With its block construction and larger lot size, the property has strong potential once rehabbed.
🔴 Recently Sold
- · 3005 E Sligh Ave – 1,025 sq ft, 3/1, built 1957 → Sold $300,000 ($293/sq ft) – updated
- · 3202 E Elm St – 1,228 sq ft, 3/1, built 1957 → Sold $335,000 ($273/sq ft) – updated
- · 3207 E Fern St – 1,195 sq ft, 2/1, built 1959 → Sold $375,000 ($314/sq ft) – updated
- · 3404 E Fern St – 1,051 sq ft, 3/1, built 1959 → Sold $315,000 ($300/sq ft) – updated
📌 Investor Insight
Updated homes in this pocket are selling between $273–$314/sq ft. At 1,356 sq ft, this supports an ARV of $365K–$400K once fully renovated. With an asking price of $195K and rehab focused on roof replacement, water heater, and cosmetic updates, the deal has a strong margin in a high-demand submarket.
Seller will need a post-possession terms of 30 days and a $15K holdback.