Property Description
Discover a desirable double-lot opportunity in Tampa’s prime Grant Park neighborhood! This offering includes Lots 19 & 20, totaling 10,700 sq ft (100′ x 107′), featuring a functional 3-bedroom, 2-bathroom frame home with a metal roof. The true value lies in the land’s exceptional development potential: subdivide into two standard buildable lots to construct two brand-new homes, a strategy strongly supported by area comps. Enjoy flexible options including removing the existing home or moving it over 10 feet MOL to retain it while building on or selling the second lot. Priced strategically to reflect the total potential (evidenced by recent nearby sales: 133k for a 2/1 home and 175k for a 3/1.5), this versatile investment caters to multiple strategies. Build two new homes, utilize the existing house as a buy-and-hold rental (solid rental comps available), execute a value-add flip, or expand your portfolio. While functional, the home’s presentation is dated, reflecting a handyman-special, bank-owned style. This is more than just a property; it’s a chance to control a piece of Grant Park with unparalleled potential for growth and profit, offering development, land value, multi-unit, and ADU (accessory dwelling unit) opportunities. It’s an ideal value-add investment for strategies like BRRRR (Buy, Rehab, Rent, Refinance, Repeat), buy-and-hold cash flow, capital appreciation, high ROI, or a quick fix-and-flip.
Features
: Other
: None
: Other
: Tile, Vinyl
: Ceiling Fans(s)
: Inside, Laundry Room
: Public Sewer
: Public
Appliances
: Range, Refrigerator
Address Map
US
FL
Hillsborough
Tampa
GRANT PARK
33619
51ST
3415
STREET
W83° 35' 59.7''
N27° 58' 28''
South
From N 50th Street go East on E 26th Ave, turn left onto 51st St home on the right.
33619 - Tampa / Palm River / Progress Village
N
RM-16
Additional Information
100x107
: Public
https://youtu.be/m B6La1yn558?si=br5CQ3JJ13i8Wy3h
1
239000
2025-06-10
: One
: Crawlspace
: Frame
920
Financial
2882.18
Listing Information
261541581
285516077
Cash,Conventional
Active
2025-07-17T15:28:10Z
Stellar
: None
2025-06-10T13:02:45Z
Residential For Sale
3415 N 51st St, Tampa, Florida 33619
3 Bedrooms
2 Bathrooms
760 Sqft
$235,000
Listing ID #W7876311
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : W7876311
Price : $235,000
Bedrooms : 3
Bathrooms : 2
Square Footage : 760 Sqft
Year Built : 1948
Lot Area : 0.25 Acre
Full Bathrooms : 2
Property Sub Type : Single Family Residence
Roof : Metal