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Asking Price

$ 227,500

Status

Active

3415 N 51ST STREET

TAMPA, FL,33619, GRANT PARK

Overview

3 Bedrooms

2 Bathrooms

Garage

760 sqft

Year Built: 1948


School Nearby

Description

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.


Features

Status:   Active

Beds:    3

Baths:   2

Square Footage:   760 Sq. Ft

HOA Fee:   -

Property Type:   Single Family Residence

MLS Number:   W7876311

Days on Market:   58

Year Built:   1948

Lot Size:   100 x 107

County:   Hillsborough

Taxes:   $2,882.00


Address

3415 N 51ST STREET , TAMPA ,FL

Listing provided by: FLORIDA REAL ESTATE PARTNERS, 727-409-4663

Asking Price

$227,500

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 08/07/2025 23:53. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.