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Julia Vakulenko - Broker -

W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311 W7876311
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3415 N 51ST ST, TAMPA, 33619



Property highlights

  • MLS#: W7876311
  • 10,700.00 lot size Sq.Ft.
  • Year built: 1948

Property Overview

Discover a desirable double-lot opportunity in Tampa's prime Grant Park neighborhood! This offering includes Lots 19 & 20, totaling 10,700 sq ft (100' x 107'), featuring a functional 3-bedroom, 2-bathroom frame home with a metal roof. The true value lies in the land's exceptional development potential: subdivide into two standard buildable lots to construct two brand-new homes, a strategy strongly supported by area comps. Enjoy flexible options including removing the existing home or moving it over 10 feet MOL to retain it while building on or selling the second lot. Priced strategically to reflect the total potential (evidenced by recent nearby sales: 133k for a 2/1 home and 175k for a 3/1.5), this versatile investment caters to multiple strategies. Build two new homes, utilize the existing house as a buy-and-hold rental (solid rental comps available), execute a value-add flip, or expand your portfolio. While functional, the home's presentation is dated, reflecting a handyman-special, bank-owned style. This is more than just a property; it's a chance to control a piece of Grant Park with unparalleled potential for growth and profit, offering development, land value, multi-unit, and ADU (accessory dwelling unit) opportunities. It's an ideal value-add investment for strategies like BRRRR (Buy, Rehab, Rent, Refinance, Repeat), buy-and-hold cash flow, capital appreciation, high ROI, or a quick fix-and-flip.

Driving directions : From N 50th Street go East on E 26th Ave, turn left onto 51st St home on the right.

Property Features

Rooms Dimension Description
Primary Bedroom First level
Kitchen First level
Living Room First level

Interior Features

  • Ceiling Fans(s)

Appliances

  • Range
  • Refrigerator

Heating

  • Other

Laundry features

  • Inside
  • Laundry Room

Air Conditioning

  • None

Floor Covering

  • Tile
  • Vinyl

Utilities

  • Public

Exterior features

  • Other

Construction Materials

  • Frame

Road Surface Type

  • Asphalt
  • Paved

Roof

  • Metal

Foundation

  • Crawlspace

Listing information courtesy of FLORIDA REAL ESTATE PARTNERS

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Listing data comes from My Florida Regional MLS.