211 W Gladys Street, Tampa, FL 33602

$300,000
2
BD
1
BA
1,111
SqFt

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Sold Price
$300,000
List Price
$375,000
Status
Sold
Days on Market
19
Closing Date
Dec 20, 2023
MLS#
O6160121
Property Style
Single Family
Year Built
1927
Bedrooms
2
Bathrooms
1
Living Area
1,111
Lot Size
5,684
Acres
0.13
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Rosebury Park
MLS Area Major
Tampa

Property Description

Investor's Dream: Prime Multi-Family Teardown Opportunity in Vibrant Tampa, Florida Discover an exceptional investment opportunity in the heart of Tampa with this prime multi-family teardown property. Boasting coveted zoning for multi-family development, this strategically located corner unit is ready for your architectural vision. The lot offers a blank canvas for redevelopment, allowing you to create a lucrative residential haven in Florida's most dynamic city. With a rapid increase in demand for multi-family housing in the Tampa market, this property presents a golden opportunity to capitalize on the city's economic expansion. Enjoy proximity to major highways, shopping, and recreational amenities, enhancing the appeal of your future development. Located within minutes of downtown and a short walk from Armature Works, residents will have easy access to parks, shopping centers, dining options, and the vibrant cultural scene that Tampa offers. The potential After Repair Value (ARV) for this property is estimated to be between $1.6 million and $1.8 million, reflecting the robust real estate market in the area. This projection underscores the substantial return on investment awaiting the savvy investor/developer. Additional Information: The property is a corner unit with a lot size of .13 acres, and the zoning is designated for Multi-Family Residential use. The lot is already plumbed for sewer, water & electricity, ensuring convenience for future development. Don't miss out on this chance to secure a solid return on investment.

Additional Information

Taxes
$2043
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RM-16
Interior Layout
Other
Interior Features
Other
Floor
Other
Appliances
Other
Utilities
Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Wood Frame
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Pets
Allowed
Flood Zone Code
X
Parcel ID
A-12-29-18-4R6-000002-00006.0
Legal Description
ROSEBURY PARK LOT 6 BLOCK 2

Listing courtesy of BEYCOME OF FLORIDA LLC. 844-239-2663

Selling Office: STELLAR NON-MEMBER OFFICE.

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