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702 Virginia Avenue
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PRICED AT ONLY: $574,000

Address: 702 Virginia Avenue, TAMPA, FL 33603

Description

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.

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More Like This
  • MLS#: TB8385145 ( Residential )
  • Street Address: 702 Virginia Avenue
  • Viewed: 67
  • Price: $574,000
  • Price sqft: $387
  • Waterfront: No
  • Year Built: 1927
  • Bldg sqft: 1484
  • Bedrooms: 3
  • Total Baths: 1
  • Full Baths: 1
  • Garage / Parking Spaces: 1
  • Days On Market: 124

Description

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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Mailbox, Sidewalk, Storage
  • Fencing: Chain Link, Wood
  • Flooring: Wood
  • Living Area: 1276.00
  • Other Structures: Storage, Workshop
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Corner Lot, Level, Near Public Transit, Oversized Lot, Sidewalk, Street Brick
School Information
  • High School: Hillsborough-HB
  • Middle School: Stewart-HB
  • School Elementary: Broward-HB
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
  • Parking Features: Ground Level
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Electric Water Heater, Range Hood
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Thermostat
  • Legal Description: RIVERSIDE NORTH LOT 1 AND E 1/2 OF LOT 2 BLOCK 9
  • Levels: One
  • Area Major: 33603 - Tampa / Seminole Heights
  • Occupant Type: Vacant
  • Parcel Number: A-11-29-18-4HA-000009-00001.0
  • Possession: Close Of Escrow
  • Style: Bungalow
  • Views: 67
  • Zoning Code: RS-60
Nearby Subdivisions
"central Park"   Alice Heights   Arlington Heights   Ayalas Add To Wellswood   Belvoir   Blacks W C Sub   Buffalo   Buffalo Heights   Buffalo Park 2nd Add   Buffalo Park 2nd Addition   Caron Jennie Hectors Sub   Central Park   Central Park Blks 13 14 15 16   Citrus Park Resub Of B   De Leon Park   Demorest   Downing Sub   Fairholmeriverside Heights   Goodwater Sub   Hagle Sub   Hagle Subdivision   Hamners Marjory B Renmah   Headford Sub   Jones B U   Lesleys   Logans Park   Lyons First Add Seminole   Madsen Court   Maxwellton Sub Correct   Mc Davids East Seminole Subdi   Meadowbrook   Mendenhall Terrace   Orangedale Park   Piney Woods Add   River Haven   Rivercrest   Rivershores   Riverside Estates   Riverside Estates Corr   Riverside Heights   Riverside North   Robles Sub 2   Rosedale North   Roslyn Homes   Seminole Heights   Seminole Sub South   Spring Heights Rev   Stratford Place   Suburb Royal   Sunshine Park Rev Map   Tampa Heights   Tampa Hts Area N Of Columbus T   Unplatted   Wellswood Annex   Wellswood Estates   Wellswood Estates Unit 2   Wellswood Sec A   Wellswood Sec B   Wellswood Sec C   Wellswood Sec G  
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