3 Lot Development Opportunity in Historic Tampa Heights! More photos in description

4 Beds / 2 Baths • 1,612 SqFt
Offer Submission Deadline
  • Land
  • 4
  • 2
  • 1920
  • 1612
  • 22000
  • Detached Garage

Description

Multi Million Dollar Development play in Tampa Heights!


3210 N Tampa St, Tampa, FL 33603


Beds: 4

Baths: 2

Living Space: 1,617 SqFt

Lot Size: 7,392 SqFt

Year Built: 1920


3208 N Tampa St, Tampa, FL 33603

Lot Size: 7,420 SqFt


3206 N Tampa St Tampa, FL 33603

Lot Size: 7,426 SqFt


Total Price: $579,000

As is Value: $779,000+

SFR ARV: $520,000+

Combined Lot(s) Developed Value: $3M+



Photos: https://photos.app.goo.gl/432pAgmTWQ9U1GXF7


Notes: Rare chance to acquire three adjacent parcels in the heart of historic Tampa Heights at a significant discount. This package includes a value-add single-family home (4 Bed / 2 Bath, 1,617 SqFt With detached Mother in Law Suite.) that’s ready for a full cosmetic renovation, plus two vacant residential lots both ideal for new construction or combined redevelopment.

You can renovate and flip the existing home, build two new construction properties, or combine all three lots for a larger multifamily project. Exit potential exceeds $3M depending on the chosen strategy.


3206 & 3208 N Tampa St Development Comps:


1.7M (Active)

https://www.zillow.com/homedetails/902-W-Fribley-St-Tampa-FL-33603/45094916_zpid/

- Presale (Structure not complete)

- 1,000 SqFt Smaller lot than Subject(s)

- Very High end presale


1.32M (Sold on 02/28/2025)

https://www.zillow.com/homedetails/212-W-Alfred-St-Tampa-FL-33603/351326579_zpid/

- Pre Sale (Structure not complete)

- Very High end presale

- 2,000 SqFt Smaller lot than Subject(s)


1.3M (Pending)

https://www.zillow.com/homedetails/815-W-Fribley-St-Tampa-FL-33603/45094871_zpid/

- Presale (Structure not complete)

- 1,400 SqFt Smaller lot than Subject(s)


1.2M (Active)

https://www.zillow.com/homedetails/804-W-Peninsular-St-Tampa-FL-33603/45094862_zpid/

- Presale (Structure not complete)

- 400 SqFt larger lot than subject(s)

- Singular Property


1.25M (Sold on 06/03/2024)

https://www.zillow.com/homedetails/214-W-Alfred-St-Tampa-FL-33603/45105680_zpid/

- 2,200 SqFt smaller lot than subject(s)

- 4 Bed 4 Bth

- Singular property


795K (Active)

https://www.zillow.com/homedetails/3204-N-Morgan-St-Tampa-FL-33603/45095441_zpid/

- 2,000 SqFt smaller lot than subject(s)

- Incomplete

- Projected 4 Bed / 3 Bath

- Singular property


760K (Sold on 08/28/2024)

https://www.zillow.com/homedetails/223-W-Emily-St-Tampa-FL-33603/45095389_zpid/

- New Build

- 1,100 SqFt smaller lot than subject(s)

- 4 Bed / 4 Bath

- Singular property


Raw Land Comps:


687K (Sold)

https://www.zillow.com/homedetails/3043-N-Florida-Ave-4-Tampa-FL-33603/351519894_zpid/

- 0.25 Acre lot

- Raw Land


600K (Active)

https://www.zillow.com/homedetails/4009-N-15th-St-6-Tampa-FL-33610/447956045_zpid/

- Identical size to all lots


310K (Pending)

https://www.zillow.com/homedetails/301-W-Kentucky-Ave-6-Tampa-FL-33603/2053835496_zpid/

- Raw Land

- Slightly larger than one of the raw subject lots


3210 N Tampa St Comps:


510K (Sold on 12/11/2024)

https://www.zillow.com/homedetails/103-E-26th-Ave-Tampa-FL-33603/45105588_zpid/

- Fully Renovated

- 3 Bed / 2 Bath

- 7 SqFt smaller than subject


530K (Sold on 03/31/2025)

https://www.realtor.com/realestateandhomes-detail/109-E-Woodlawn-Ave_Tampa_FL_33603_M62494-79979

- Partially remodeled

- Very Clean

- 3 bed / 2 Bath

- Slightly Smaller than subject


515K (Active)

https://www.zillow.com/homedetails/3508-N-Dartmouth-Ave-Tampa-FL-33603/2071087567_zpid/

- Full Remodel

- 200 SqFt smaller than subject


Please reach out to Sean for further inquiry

Sean Murray

561-707-7690

Sean@flipster.co

Estimated Spread

  • ARV $3,000,000
  • Price $579,000
  • Spread $2,421,000

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