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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.
DAYS ON MARKET | 3 | LAST UPDATED | 6/10/2025 |
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TRACT | GRANT PARK | YEAR BUILT | 1948 |
COMMUNITY | 33619 - Tampa / Palm River / Progress Village | COUNTY | Hillsborough |
STATUS | Active | PROPERTY TYPE(S) | Single Family |
ADDITIONAL DETAILS | |
AIR | None |
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APPLIANCES | Range, Refrigerator |
AREA | 33619 - Tampa / Palm River / Progress Village |
BASEMENT | Crawl Space |
CONSTRUCTION | Frame |
EXTERIOR | Other |
HEAT | Other |
LOT | 0.25 acre(s) |
LOT DIMENSIONS | 100x107 |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | GRANT PARK |
TAXES | 2882.18 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Randal Jenkins, FLORIDA REAL ESTATE PARTNERS
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 6/11/25 11:58 PM PDT.
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