📍Tampa Value-Add Flip – Most Major Systems Already Done!😱

About this property

Tampa Value-Add Flip - Most Major Systems Already Done! ARV: $460,000 Asking Price: $295,000 Excellent opportunity to acquire a mid-renovation project in the heart of Seminole Heights, one of Tampa's hottest bungalow neighborhoods. The heavy demolition work has already been completed, allowing the next investor to step in and finish the project. The property is located in Flood Zone X, meaning no flood insurance is required. Property Highlights: 2 bed / 1.5 bath with the layout already framed for a full 3 bed / 2 bath 1,536 sqft Vacant Stick-built home Flood Zone X Brand-new roof Updated plumbing and electrical New windows already installed Work Already Completed: Full interior demolition completed New framing for the revised floor plan Major renovation work already completed Heavy lifting has already been done-step in and finish the project Remaining Repairs: Install HVAC system Install sheetrock Complete full interior cosmetic renovation Complete exterior cosmetic improvements Finish trim-out and final finishes Investment Opportunity: Excellent value-add opportunity in one of Tampa's strongest bungalow submarkets Opportunity to complete the framed 3 bed / 2 bath layout for maximum resale value Major renovation items have already been completed, reducing project risk and timeline Strong spread with renovated homes in the area consistently selling in the mid-400s and above Comps Supporting Value: 4012 N Central Ave - SOLD 459.9k (closest ARV comp) 4102 N Branch Ave - SOLD 430k (smaller ARV comp) 209 W Alva St - SOLD 500k (smaller ARV comp) 308 W Curtis St - SOLD 515k (smaller ARV comp) Access: On lockbox. Contact Mike for access instructions.

Property snapshot

Deal details