Property Description:
This 1,020 sq ft 3-bed, 2-bath frame home sits on a 7,500 sq ft lot in Tampa’s Ybor Heights neighborhood. Built in 1928, the property will be delivered with a short 3-day post-occupancy agreement ($5K escrow holdback) and offers strong flip and rental potential in an area with consistent investor demand.
The home needs significant updates to reach retail condition, including a new roof, AC replacement, full interior/exterior paint, new flooring, and updates to both bathrooms and the kitchen. The front door also needs replacement or deep cleaning. Once renovations are complete, this property has the size, layout, and lot to stand out in its neighborhood.
🛠️ Rehab Scope
Full cosmetic and mechanical renovation: roof, AC, paint, flooring, kitchen, bathrooms, fixtures, and minor exterior repairs.
🔴 Recently Sold / Pending
- · 3413 N 12th St – 1,095 sq ft, 3/2, built 1946 → Sold $285,000 ($260/sq ft) – updated
- · 1519 E 29th Ave – 957 sq ft, 2/1, built 1958 → Sold $325,000 ($340/sq ft) – updated
- · 1013 E Lake Ave – 806 sq ft, 3/2, built 1952 → Sold $230,000 ($285/sq ft) – updated
- · 1314 E Louise Ave – 1,224 sq ft, 3/2, built 1925 → Sold $335,000 ($274/sq ft) – updated
- · 1006 E 24th Ave – 962 sq ft, 2/1, built 1938 → Pending $270,000 ($281/sq ft) – updated
💰 ARV Estimate: $299,000 +/-
At 1,020 sq ft, this home falls right in line with nearby updated sales, supporting a conservative ARV in the high-$200s to low-$300s once fully rehabbed. Market rent is estimated around $2,300/month, creating strong potential for either a flip or long-term rental hold.