702 W Virginia Avenue, TAMPA, FL 33603
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
702 W Virginia Avenue,TAMPA, FL 33603
$574,000
- 3 Beds
- 1 Baths
- 1,276 sq. ft.
- Single family
- Active
Listed by:correy smith
Office:keller williams south tampa
MLS#:TB8385145
Source:MFRMLS
Price summary
- Price:$574,000
- Price per sq. ft.:$386.79
About this home
INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS
*Riverside Heights Gem Bordering Tampa Heights*
An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk.
This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance.
Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, there's a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, there's a strong potential for rezoning to commercial or mixed-use.
Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures.
Don't miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.
Contact an agent
Home facts
- Year built:1927
- Listing Id #:TB8385145
- Added:85 day(s) ago
- Updated:August 14, 2025 at 12:18 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,276 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1927
- Building area:1,276 sq. ft.
- Lot area:0.27 Acres
Schools
- High school:Hillsborough-HB
- Middle school:Stewart-HB
- Elementary school:Broward-HB
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$574,000
- Price per sq. ft.:$386.79
- Tax amount:$7,354 (2024)
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