|
LOCATION LOCATION LOCATION +! NOTE TO BUILDER/INVESTORS: Potential for either 2 homes or a mega home on this property. This is a prime location, mid-century block-on-slab corner-lot home, with a 2nd detached 832 sq. ft (3-car sized) garage/outbuilding on the other lot, with toilet rough-in), on nearly 1/2 acre on 2 lots, with fabulous views & surroundings, in one of the most coveted pockets of homes, in highly desirable Seminole Heights. NOTE: The original builder in 1953 was smart by building the home entirely on 1 lot. This left a huge yard, with the 2nd lot buildable at that time. Later however, the 2nd owner/contractor, added an extension onto one end of the house at the master bedroom, which later became the master bath room & laundry room; However the lot-line setback was then encroached by about 7 feet, leaving the other lot (with the detached 832 sq ft structure) unable to be separated, but is correctable. SO: The home is lovely and livable as it is, although some tlc is in order and some updates would be timely for the market. However, for the experienced builder/investor, it is a potential $1.1M+ opportunity. SEE SURVEY ATTACHED: You'll have to do your own due diligence, (and permits & any variances aside), but there is plenty of property to accommodate and accomplish the following, and the location supports & justifies the investment to profitably develop this property: Home last updated 22 years ago, the Owner/Broker was considering these several different options to maximize the property value, now for you to consider as investor: 1.) Update the home/landscaping/& systems to luxury level. 2.) Do only basic systems & moderate updates to the home-- plus convert the outbuilding into a 1 or 2 bedroom In-Law House (for total of 2 houses on the property). 3.) Make the home into a serious estate property with a luxury renovation, plus large new sq ft addition to the home. Or 4.) Modify the footprint of the master bath extension by a few feet as nec. (to adjust for adequate setbacks), allowing the property to be separated into 2 lots (ie: creating a selloff lot), and then build another spec home on that one. Each are potentially profitable options as you consider this property. "High & dry" up on a hilly crest, 1 street off Park Circle & Hillsborough River, where folks come from all over the County to walk & ride bicycles well into the evening, cruise in golf carts, & enjoy 5 beautiful parks (3 are riverside), all within a 5-or-10-minute stroll. Restaurant & new gastro-pub just around the corner, and an abundance of trendy new eateries within a 5 min drive. Under 15 min to Downtown Tampa, 7 mins to Lowry Park/Zoo & public boat ramps. Note: Although technically a 3/2, the home is better described as a "larger 2/2"; The master & 2nd bedrooms are big & roomy, but the 3rd bedroom is probably more suitable as a sunroom, office, nursery, or a large walk-in closet for the master bedroom. Cash only, no appraisal contingency, and is being sold as-is. Unless waived, inspections to be completed prior to contract signing. Interior photos to be added shortly. Owner occupied and no sign on property; Shown by appt only to verified buyers. Profitable opportunity with features, benefits, value, & options that you cannot find anyplace else. All representations are made in good faith, however buyer is responsible for verifying any measurements & specs as needed, incl all due diligence and research considered critical to your intended plans.
DAYS ON MARKET | 90 | LAST UPDATED | 10/29/2021 |
---|---|---|---|
TRACT | RIVERBEND MANOR | YEAR BUILT | 1953 |
COMMUNITY | 33610 - Tampa / East Lake | GARAGE SPACES | 4.0 |
COUNTY | Hillsborough | STATUS | Sold |
PROPERTY TYPE(S) | Single Family |
PRICE HISTORY | |
Prior to Aug 11, '21 | $549,999 |
---|---|
Aug 11, '21 - Aug 20, '21 | $499,900 |
Aug 20, '21 - Sep 17, '21 | $449,900 |
Sep 17, '21 - Today | $399,900 |
ADDITIONAL DETAILS | |
AIR | Central Air |
---|---|
AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer |
AREA | 33610 - Tampa / East Lake |
CONSTRUCTION | Block, Stucco |
EXTERIOR | Lighting, Sidewalk |
GARAGE | 4 Spaces, Attached, Garage, Yes |
HEAT | Central, Electric |
INTERIOR | Crown Molding, Thermostat |
LOT | 0.33 acre(s) |
LOT DESCRIPTION | Corner Lot, In City Limits, Street Paved, View - Garden |
LOT DIMENSIONS | 121.43x116.8 |
STORIES | 1 |
STYLE | Mid-Century Modern, Ranch, Single Family Residence |
SUBDIVISION | RIVERBEND MANOR |
TAXES | $2055.19 |
UTILITIES | BB/HS Internet Available,Cable Connected,Electricity Connected,Fiber Optics,Public,Sewer Connected,Street Lights,Water Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
SATELLITE VIEW |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Nick & Cindy
Davis to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Bruce Sherwood, JAXON WOLFE COMPANY
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/29/24 2:52 AM PDT.
This IDX solution is (c) Diverse Solutions 2024.