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1804 E 138TH AVE Tampa, FL 33613
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Key Details
Sold Price $280,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,550 sqft
Price per Sqft $180
Subdivision Byars Revision Of Sunnyland Ac
MLS Listing ID A4556157
Sold Date 03/15/23
Bedrooms 5
Full Baths 3
HOA Y/N No
Originating Board Stellar MLS
Year Built 1962
Annual Tax Amount $1,000
Lot Size 0.520 Acres
Acres 0.52
Lot Dimensions 173.2x132
Property Description
INCREDIBLE OPPORTUNITY!! There is so much going on with this one and so many potential exit strategies, I will try to cover it all.. This property is located in UNINCORPORATED HILLSBOROUGH COUNTY and zoned Residential Multi-family Commercial -20. It is a 5-minute drive to the University of South Florida (USF) and 15-20 minutes away from Downtown Tampa, Tampa International Airport, Ybor City, and Tampa's Riverwalk area. This house needs a full remodel or re-developed. Hillsborough County has it designated as a Residential Single Family, however, the property has two units and two separate electric meters. According to the Tampa Electric Company, they have it listed as Unit A and Unit. DEVELOPERS, The house sits on the east side of the half-acre lot. After reviewing the county setback requirements and a land survey, there is a potential to split the lot. There is a play here with developing the second lot or scraping the lot and starting from scratch. Because of the zoning, you could consider going multi-family or splitting into multiple single-family lots. LANDLORDS, the 1550 sqft house is currently split into two units and the electricity is already metered separately. The main house is 4 Bed 2 Bath and the second unit is 1 Bed 1 Bath. , with a facelift, renting both units out would generate great income. Being located in Unincorporated Hillsborough County, there is a short-term rental potential as well! FLIPPERS, this house has good bones. With a tasty remodel, this property can be re-sold for a decent profit. The second unit's kitchen is currently not considered under heated square footage and could be an easy value add. As I mentioned above, the lot is huge and the setbacks also open up the opportunity to split the lot and make money on the land! Please do your own due diligence. **Work will continue to be done on this property, and the price will be adjusted accordingly.
Location
State FL
County Hillsborough
Community Byars Revision Of Sunnyland Ac
Zoning RMC-20
Interior
Interior Features Living Room/Dining Room Combo
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Concrete, Other
Fireplace false
Appliance None
Exterior
Exterior Feature Storage
Fence Fenced
Utilities Available Electricity Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Unincorporated
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Block, Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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