Under contract-accepting backup offers. Calling all investors, flippers, and developers — rare opportunity in the heart of Old West Tampa’s Northeast Macfarlane neighborhood. This 2-bedroom, 1-bath home, originally built in 1944 and situated on a 4,791 square foot lot, is ready for a comprehensive rehab, reconstruction, or redevelopment project on… Read More a quiet, established block with surrounding renovation activity and rising comps. The existing structure is compact at approximately 829 square feet but offers remarkable upside for strategic visionaries. The property has not transacted since 1991, leaving significant equity potential once brought up to modern standards or reimagined entirely on its existing footprint. Recent market estimates reflect the neighborhood’s improving fundamentals and nearby renovation momentum. With modest property taxes and a location that places it within close proximity to key West Tampa corridors, this lot sits poised for reimagination. Investors can capitalize on rising investor interest, ongoing neighborhood reinvestment, and steady increases in nearby sales prices. Whether the path is a ground-up custom build, a full demo followed by premium single-family construction, or a high-return flip after structural overhaul, the site delivers flexibility and a compelling cost basis. Nearby properties have shown increasing value and active renovation activity, underscoring the strong demand for redeveloped homes in this central Tampa market. Downtown Tampa, Westshore, Raymond James Stadium, and major employment centers are just minutes away, enhancing long-term resale and rental prospects for value-add projects. Ideal for experienced investors, developers, and builders with a vision to transform a classic West Tampa parcel into modern housing. Don’t miss this chance to acquire a property with significant upside potential in an appreciating area. Submit your proposal today and unlock the value waiting to be realized. Read Less
Courtesy of DALTON WADE INC 888-668-8283
Listing Snapshot
Days Online
5
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
829
Lot Size
0.11 Acres
Year Built
1944
MLS Number
TB8460052
Additional Details
Property Access
Road Surface: Asphalt, Paved
Appliances & Equipment
Cooktop, Refrigerator
Building
Built in 1944, Living area: 829, Living area units: Square Feet, Building faces West, Levels: One, Construction Materials: Block
Cooling
Wall/Window Unit(s)
Exterior Features
Sidewalk
Floors
Carpet, Tile
Foundation
Slab
Heating
Electric
Interior Features
Ninguno
Laundry
Laundry Room
Lot
0.11 acres
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: A-15-29-18-4PQ-000049-00016.0, Public Survey Range: 18, Public Survey Section: 15, Annual Amount: $301, Tax Block: 49, Tax Book Number: 3-30, Legal Description: MAC FARLANES REV MAP OF ADDITIONS TO WEST TAMPA LOT 16 BLOCK 49, Lot: 16, Year: 2024, Zoning: RS-50
Utilities
Cable Available
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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