About 501 E Sparkman Avenue
Welcome to this historic Tampa Heights gem, perfectly situated on a premier corner lot in Flood Zone X that beautifully blends historic character with modern comfort. Offering immediate rental cash flow with all brand-new appliances included, the existing home is ideal to lease out while you secure your building permits. For builders and investors, this parcel features rare RM-24 zoning and highly flexible rear-alley access, unlocking the potential to construct three to four new townhomes. The owner has already jumpstarted the development process—saving you immense time and money—by including a boundary survey, tree survey, and complete architectural plans for 2-unit, 3-unit, and 4-unit three-story townhome configurations, alongside existing CA approvals.Beyond its incredible investment upside, this property offers an unmatched, walkable urban lifestyle. You are just minutes from Armature Works, the Tampa Riverwalk, Downtown Tampa, Water Street, Ybor City, and the University of Tampa. This highly connected neighborhood is poised for major appreciation, sitting steps from the upcoming Robles Park developments, a brand-new YMCA, and a planned streetcar extension. Commutes are effortless with quick access to major transit lines, Hyde Park Village, and Tampa International Airport, while pristine gulf beaches are just a 30-minute drive away. Please note that one or more photos have been virtually staged to showcase the lot's potential (grass)
Features of 501 E Sparkman Avenue
| MLS® # | TB8515904 |
|---|---|
| Price | $595,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,350 |
| Acres | 0.13 |
| Year Built | 1994 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Listing Details
| Office | NETWORK REAL ESTATE GROUP |
|---|
Listing Map
Neighborhood Information for 501 E Sparkman Avenue
Close to Penitentiary, High Residential Turnover, Close Proximity to Sea/Ocean
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Metropolitan Ministries Partnership Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
0 Miles | |
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Brewster Technical College Public - to |
0 Miles | |
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Waters Career Center Public - to |
0 Miles | |
|
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Hillsborough Virt Instr Prgs Public - Kindergarten to 12Th Grade - Closest Middle School |
0 Miles | |
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Hillsborough Virtual Franchise High School Public - Kindergarten to 12Th Grade - Closest High School |
0 Miles | |
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Ese Birth Thru Age 5 Public - Preschool to Preschool |
1 Miles | |
|
|
Washington Elementary School Public - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools