Rehab Opportunity in Seminole Heights, Tampa – $329,900

$329,900 • 3 Beds / 2 Baths • 1,674 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 1946
  • 1674
  • 1674

Description

Description

This 2-bed, 2-bath, 1,674 sf bungalow built in 1946 sits on a 5,227 sf lot in Tampa’s historic Seminole Heights area—steps from the Hillsborough River and surrounded by ongoing renovations. The structure is block with tons of upside for a full remodel. The home needs a cosmetic overhaul inside and out and will need some curb appeal.

🛠️ Rehab Scope

  • Full interior renovation (kitchen, baths, flooring, paint, fixtures)
  • Replace or refurbish windows and doors (if older aluminum style)
  • Roof and HVAC appear aged → recommend full replacement
  • Exterior paint & trim, porch restoration, and landscaping for curb appeal
  • Electrical panel & plumbing inspection / updates as needed
  • General cleanup and staging prep

🔵 Comparable Sales

  1. 907 E Hamilton Ave – 2/2 1,608 sf | 10,600 sf lot | 1931 | Updated – Sold $525,000 ($326/sf)
  2. 707 E Patterson St – 2/1 1,476 sf | 10,600 sf lot | 1940 | Renovated – Sold $385,000 ($261/sf)
  3. 1709 E Sitka St – 2/2 1,231 sf | 5,250 sf lot | 1971 | Updated – Sold $330,000 ($268/sf)
  4. 1802 E Hamilton Ave – 2/1 1,509 sf | 6,816 sf lot | 1958 | Average Condition – Sold $350,000 ($232/sf)

📈 Lot & Condition Analysis

The subject’s 1,674 sf size is slightly larger than most comps, which typically lowers $/sf marginally, but its 2/2 layout, central location, and renovation potential can support top-tier values if brought to modern standard.

Updated homes in this pocket generally sell between $260 – $310 per sf.

Applying $275–$295 /sf to 1,674 sf yields an ARV range of ≈ $460,000 – $495,000.

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