The flip play: Existing 2 bed / 2 bath with a layout that easily converts to a 3/2, the single biggest value-add you can make in this price band. The house has good bones: LVP already down in the main living areas, a separate formal dining room with a wide cased opening into the living room, and plenty of closet and storage space. The work is mostly cosmetic: paint, flooring in the bedrooms, a bathroom refresh, fixtures, and a full cleanout. Finish it out as a 3/2 and you?re looking at an ARV of $300K?$315K.
The build play: Sealed architectural plans are already done for a 2,432 SF two-story single-family home, with a survey and an arborist tree-removal letter on file. New construction within a mile has been closing in the low $600Ks. Months of soft costs and permitting prep are already behind you.
Bonus: Flood Zone X, minimal hazard, no elevation certificate needed.
Buyers who want a quick turn can flip it. Builders can skip the design phase and go straight to permits. Either way, deals like this in Ybor Heights don?t sit.
Beds/Baths: 2 bed / 2 bath, 3/2 potential
Lot: 7,000 SF
ARV: $300K?$315K (as a 3/2 flip)
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