$450,000 for Sale
702 w virginia avenue , tampa, FL 33603
| Beds 3 | Baths 1 | 1,276 Sqft | 0.27 Acres |
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Property Description
DOUBLE LOT! 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.
General Information
Sale Price: $450,000
Price/SqFt: $353
Status: Active
MLS#: TB8508379
City: tampa
Post Office: tampa
Schools: hillsborough-hb
County: Hillsborough
Subdivision: riverside north
Acres: 0.27
Lot Dimensions: 90 x 130
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,276 sq.ft.
Acreage: 0.27 est.
Year Built: 1927
Property Type: Single Family Residence
Style: Bungalow
Features & Room Sizes
Paved Road: Brick
Construction: Other, Wood Frame
Exterior Misc: Private Mailbox, Sidewalk, Storage
Fireplaces: Yes
Fireplace Description: Living Room
Basement: No
Foundation : Stem Wall
Appliances: Electric Water Heater, Range Hood
Cooling: Central Air
Heating: Central, Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $7,598
Legal Description: RIVERSIDE NORTH LOT 1 AND E 1/2 OF LOT 2 BLOCK 9
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Correy Smith of KELLER WILLIAMS SOUTH TAMPA, Phone: 813-875-3700
