3415 N 51st Street, TAMPA, FL 33619
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group



3415 N 51st Street,TAMPA, FL 33619
$225,000
- 3 Beds
- 2 Baths
- 760 sq. ft.
- Single family
- Active
Listed by:randal jenkins
Office:florida real estate partners
MLS#:W7876311
Source:MFRMLS
Price summary
- Price:$225,000
- Price per sq. ft.:$244.57
About this home
Discover a desirable double-lot opportunity in Tampa's prime Grant Park neighborhood! This offering includes Lots 19 & 20, totaling 10,700 sq ft (100' x 107'), featuring a functional 3-bedroom, 2-bathroom frame home with a metal roof. The true value lies in the land's exceptional development potential: subdivide into two standard buildable lots to construct two brand-new homes, a strategy strongly supported by area comps. Enjoy flexible options including removing the existing home or moving it over 10 feet MOL to retain it while building on or selling the second lot. Priced strategically to reflect the total potential (evidenced by recent nearby sales: 133k for a 2/1 home and 175k for a 3/1.5), this versatile investment caters to multiple strategies. Build two new homes, utilize the existing house as a buy-and-hold rental (solid rental comps available), execute a value-add flip, or expand your portfolio. While functional, the home's presentation is dated, reflecting a handyman-special, bank-owned style. This is more than just a property; it's a chance to control a piece of Grant Park with unparalleled potential for growth and profit, offering development, land value, multi-unit, and ADU (accessory dwelling unit) opportunities. It's an ideal value-add investment for strategies like BRRRR (Buy, Rehab, Rent, Refinance, Repeat), buy-and-hold cash flow, capital appreciation, high ROI, or a quick fix-and-flip.
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Home facts
- Year built:1948
- Listing Id #:W7876311
- Added:65 day(s) ago
- Updated:August 14, 2025 at 04:01 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:760 sq. ft.
Structure and exterior
- Roof:Metal
- Year built:1948
- Building area:760 sq. ft.
- Lot area:0.25 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$244.57
- Tax amount:$2,882 (2024)
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