419 W Park Avenue, Tampa, FL 33602

$851,000
3
BD
2
BA
1,547
SqFt

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List Price
$851,000
Status
Active
MLS#
TB8509308
Property Type
Single Family
Bedrooms
3
Bathrooms
2
Living Area
1,547
Lot Size
9,108
Region
Tampa
Area
1547
County
Hillsborough
Acres
0.21
Year Built
1924

Property Description

419 W Park Avenue presents a high-value redevelopment opportunity in one of Tampa’s most coveted and rapidly growing neighborhoods. This property is situated on a 0.2-acre corner lot, with 132 feet of frontage on North Boulevard and rear alley access. It is zoned RM-16, offering valuable versatility, while safely nestled in flood zone X, and mere blocks from the Riverwalk and Armature Works. It even enjoys views of the downtown skyline. The surrounding area is experiencing significant transformation, with nearby new construction single-family homes topping $3M and townhomes approaching $2M per unit. With strong demand and continuing growth, this location offers exceptional upside potential. Notably, the property is not located within a historic district, simplifying the development process. While the true value lies in the land and its redevelopment potential for highest and best use, the existing 1924 bungalow offers immediate utility. The 3-bedroom, 2-bath home is well-maintained, featuring a spacious fenced backyard, inviting front porch, and an attractive interior layout, making it ideal for rental income during planning and permitting. With the recent groundbreaking of the West River BUILD Project, this area is poised for continued growth and appreciation. Don’t miss this opportunity in fantastic Tampa Heights. Survey and soil test available upon request.

Additional Information

Roof
Metal
Land Type
No Deed Restriction
Appliances
Dishwasher, Range, Refrigerator
Zoning
RM-16
Lot Size
9,108
Construction
Frame
Pets
Yes
Year Built
1924
Sewer
Public Sewer
Heating
Electric
Subdivision
West Highlands
Living Area
1,547
Style
One Story

Listing courtesy of NEXTHOME BEACH TIME REALTY. 727-363-3300

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