635 Luzon Ave, Tampa, FL 33606 Pending

  • $623,990
  • 4 beds
  • 2 baths
  • 1,659 sqft
Pending

635 Luzon Ave, Tampa, FL 33606

Prime real estate on a corner lot in highly sought after Davis Island. The value is in the land and the best way to maximize your return is to replace the existing single family home with a larger and more modern structure that conforms with the trends of the neighboring properties. This street has newer built homes on it and is ready for one more. We recommend keeping the pool and resurfacing it, then adding a 4,000 to 5,000 square foot single-family home. The lot size is approximately 83 X 100 square feet and is slightly larger than the comps provided. The current home is approximately 1,659 square feet, the property features 4 bedrooms, 2 bathrooms, a bonus room, and a screened-in pool and hot tub. Recent updates include a new air conditioner, duct work, and tile flooring throughout. The master bathroom has been remodeled and the pool pump was replaced in 2018. Property features a circular driveway but does not have a garage and there is a privacy fence surrounding the back yard. While this is a new build opportunity, with some sweat equity the right investor could turn this into a profitable flip project. Off market properties in this area are rare and usually go quickly Contact us for cost projections and more pictures

Investor Price $623,990
After Repair Value $2m
Rehab Level Moderate
Projected Income over $420,000 after costs

Available on 07.31.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

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Price:
$623,990
Address:
635 Luzon Ave,
Tampa, , Florida 33606
Square Feet:
1,659
Lot Size:
5,000 sqft
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1958

Additional Features

635 Luzon Ave, Tampa, FL 33606 is a single family home that contains 1,659 sq ft and was built in 1958. It contains 4 bedrooms and 2 bathrooms. This home last sold for $166,500 in November 1997. The estimate for this house is $627,009, which has decreased by $5,336 in the last 30 days. The Rent estimate for this home is $3,518/mo, which has increased by $53/mo in the last 30 days.

Call (954) 280-5883 for more details

Property Location