1804 E 138th Avenue
TAMPA, FL 33613

  • 5 beds
  • 3 baths
  • 1,550 sqft
  • ~1/2 acre lot
  • $180 per sqft
  • 1962 build
  • on site

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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.

My Florida Regional MLS DBA Stellar MLS logo Listing courtesy of STELLAR_MLS / SAVVY AVENUE, LLC

Last checked: Checking… • Last updated Jul 23, 2023 •

MLS# A4556157 —

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Sale history

Date Event Source Price % Change
3/15/23
Sold STELLAR_MLS $280,000 2.1%
3/5/23
Pending STELLAR_MLS $274,375
1/4/23
Relisted STELLAR_MLS $274,375

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House Sold on 3/15/2023

$280,000

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My Florida Regional MLS DBA Stellar MLS logo Listing Courtesy of: STELLAR_MLS and SAVVY AVENUE, LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

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