Call/Text Mike @ (725) 425-4846 to get more information, schedule a walkthrough, or submit an offer!
HOT Tampa 33617 Flip – Prime Location, HUGE Profit Potential!
ARV: 375k Asking Price: 220k
Excellent opportunity to pick up a prime Tampa flip with a 155k spread! This vacant property is ready for renovation, with strong nearby comps supporting the ARV. The property also features a large metal shed with potential to convert into a 2-car garage or ADU, creating an additional value-add opportunity!
Property Highlights:
-Vacant and ready for renovations
-Plumbing and electrical in working condition
-Large metal shed with potential for 2-car garage or ADU conversion (buyer to verify permits and zoning)
-Strong ARV comps in the immediate area
Repairs Needed:
-New metal roof
-New HVAC system
-Full interior cosmetic renovation
-Full exterior cosmetic renovation
-Additional repairs as determined by buyer inspections
Comps Supporting Value:
8315 N Temple Pl – SOLD 399k (Larger ARV Comp)
4210 Riverhills Dr – SOLD 375k (Smaller ARV Comp)
4017 E Bird St – SOLD 360k (Smaller ARV Comp)
Investment Opportunity:
-With an asking price of 220k and ARV of 375k, this property offers a 155k spread before renovation and holding costs.
-The potential to convert the existing metal shed into a garage or ADU adds another possible avenue to maximize value, subject to city approval.
-Great opportunity for investors looking for their next profitable fix-and-flip in Tampa!
Access:
VACANT! Contact Mike to schedule a walkthrough. Buyers are encouraged to conduct their own inspections and verify all property information, repair costs, and projected resale values.
Call/Text Mike @ (725) 425-4846 to schedule a walkthrough or submit your offer!
More About This Property
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ARV $375,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $331,000.