About 702 W Virginia Avenue
Under contract-accepting backup offers. EXTRA LARGE LOT: 1.5 LOTS! 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.
Features of 702 W Virginia Avenue
| MLS® # | TB8508379 |
|---|---|
| Price | $450,000 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,276 |
| Acres | 0.27 |
| Year Built | 1927 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Bungalow |
| Status | Pending |
Listing Details
| Office | KELLER WILLIAMS SOUTH TAMPA |
|---|
Listing Map
Neighborhood Information for 702 W Virginia Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Seminole Heights Charter High School Public - 9Th Grade to 12Th Grade |
1 Miles | |
|
Broward Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Graham Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Tampa Catholic High School Catholic - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
|
Walton Academy Public - Kindergarten to 5Th Grade |
1 Miles | |
|
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Villa Madonna School Catholic - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Waters Career Center Public - to |
1 Miles |
School data provided by GreatSchools