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Hillsborough County · Riverview, FL 33569

Fix & Flip With Sub Divide & Development Potential

$449,999
3
Beds
2
Baths
2,933
Sq ft
1969
Year built
$230K spread

About this property

Riverview, FL 33569

PROPERTY OVERVIEW

Type: Single-Family Home

Beds: 3

Baths: 2

Living Area: 2,220 Sq. Ft.

Lot Size: 3.03 Acres / 131,868 Sq. Ft.

Current Zoning: ASC-1

Future Land Use: Residential-4

Year Built: 1969

Road Frontage: Approximately 393 Ft.

Roof: Metal

Construction: Two-story frame with concrete-block exterior

Garage: 713 Sq. Ft. attached garage

Pool: Yes

REPAIRS NEEDED FOR FLIP

Full interior cosmetic renovation

Pool requires a new pump and filtration system

COMPARABLE SALES

7806 Valrie Ln, Riverview, FL 33569

Bed: 4

Bath: 2

Living Area: 2,200 Sq. Ft.

Lot Size: 1.00 Acre

Build Year: 1969

Distance: 0.25 miles away

Date Sold: 11/25/2025

Zillow link

8222 Valrie Ln, Riverview, FL 33569

Bed: 3

Bath: 2

Living Area: 2,220 Sq. Ft.

Lot Size: 0.93 Acre

Build Year: 1979

Distance: 0.44 miles away

Date Sold: 10/31/2025

Zillow link

6906 Valrie Ln, Riverview, FL 33569

Bed: 3

Bath: 2

Living Area: 1,985 Sq. Ft.

Lot Size: 0.94 Acre

Build Year: 1984

Distance: 0.53 miles away

Date Sold: 05/15/2026

Zillow link

Estimated ARV: $680,000-$685,000+*

The nearby comparable sales above are primarily situated on lots under 1 acre. Smaller new-construction homes on approximately 0.25-acre lots in the surrounding market are currently trading in the low-to-mid $500s.

DEVELOPMENT OPPORTUNITY

The subject property consists of 3.03 acres with approximately 393 feet of road frontage.

Current ASC-1 zoning may support subdivision into additional approximately 1-acre single-family homesites, subject to survey, access, setbacks, utilities, environmental review and county approval.

The property's Residential-4 Future Land Use designation allows up to 4 dwelling units per gross acre and may create a path toward a higher-density single-family development through rezoning and subdivision approval.

PLEASE READ

We're exploring purchasing this deal in house to subdivide and build an additional 2+ single families on the land. Would love to discuss. Assignments of the deal are not off the table. Bring your offers!

P.S. You miss 100% of the shots you don't take;)

Property snapshot

Layout3 Bed / 2 Bath
Living area2,933 sq ft
Lot size3 sq ft
Year built1969
Property typeLand
CountyHillsborough County

Deal details

Asking price$449,999
ARV estimate$680,000
Spread (ARV − asking)$230,001
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$450K
ARV est.
$680K
Spread
$230K
Run this in the flip calculator
M
Ms. Meriam
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