About This Home
This 3-bedroom, 1-bathroom single family at 702 W VIRGINIA AVENUE in Tampa, FL is listed for $450,000 ($353 per sqft). Built in 1927, the home offers 1,276 sqft of living space on a 0.27 acres lot.
Key Features
- Built in 1927
- 0.27 acre lot
- Fireplace
Property Details
Amenities
EXTRA LARGE LOT: 1.5 LOTS! INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS *Riverside Heights Gem Bordering Tampa Heights* An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk.
This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns.
The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance.
Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, there's a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, there's a strong potential for rezoning to commercial or mixed-use.
Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures. Don't miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
702 W VIRGINIA AVENUE
Tampa, FL 33603
RIVERSIDE NORTH
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 702 W VIRGINIA AVENUE is listed at $450,000 ($353/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1927, 0.27 acre lot, Fireplace. Interior Features: Ceiling Fans(s), Thermostat. Exterior Features: Corner Lot, Level, Fencing.
This property is listed by Correy Smith and can be reached at 8504967111.
