419 W Park Avenue presents a rare redevelopment opportunity in one of Tampa's most dynamic and rapidly growing neighborhoods. This property is situated on a compelling 0.2-acre corner lot, with 132 feet of frontage on North Boulevard and rear alley access. It is zoned RM-16, creating possibility & versatility, while safely nestled in flood zone X, and mere blocks from the Riverwalk and Armature Works. It even enjoys views of the downtown skyline. The surrounding area is experiencing significant transformation, with nearby new construction single-family homes topping $3M and townhomes approaching $2M per unit. With strong demand and continued growth, this location offers exceptional upside potential. Notably, the property is not located within a historic district, simplifying the development process.While the true value lies in the land and its redevelopment potential for highest and best use, the existing 1924 bungalow offers immediate utility. The 3-bedroom, 2-bath home is well-maintained, featuring a spacious fenced backyard, inviting front porch, and an attractive interior-making it ideal for rental income during planning and permitting. With the recent groundbreaking of the West River BUILD Project, this area is poised to become even more valuable. Don't miss this opportunity in fantastic Tampa Heights. Survey and soil test available upon request.
Listed By
Agency Name: NEXTHOME BEACH TIME REALTY
Agency Contact: 727-363-3300
Shown By
Agent Name: Stacey Lenz
Agent Phone: (813) 792-1633 Cell
Agency Title: Florida Executive Realty
Estimated Payment
$ 2,372.00 per month $1,893.96 Principal & Interest $229.83 Property Tax $248.21 Homeowner's Insurance
419 W Park Avenue | MLS# TB8509308
This single family home located at 419 W Park Avenue , Tampa, FL 33602 is currently listed for sale with an asking price of $851,000. This property was built in 1924 and has 3 bedrooms and 2 full baths with 1547 sq. ft. W Park Avenue is located in the WEST HIGHLANDS subdivision. Search WEST HIGHLANDS real estate on slenz.floridaexecutiverealty.com today.