About 3415 N 51st Street
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.
Residential home for sale in TAMPA, FL at 3415 N 51st Street. This 3 bedroom Residential home is priced at $286/sqft
Features of 3415 N 51st Street
| MLS® # | W7876311 |
|---|---|
| Price | $217,500 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 760 |
| Acres | 0.25 |
| Year Built | 1948 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information: Tampa
| Address | 3415 N 51st Street |
|---|---|
| Area | Tampa / Palm River / Progress Village |
| Subdivision | GRANT PARK |
| City | TAMPA |
| County | Hillsborough |
| State | FL |
| Zip Code | 33619-2331 |
Amenities of 3415 N 51st Street
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Senior Community | No |
Interior of 3415 N 51st Street
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Range, Refrigerator |
| Heating | Other |
| Cooling | None |
| Fireplace | No |
| # of Stories | 1 |
Exterior of 3415 N 51st Street
| Exterior Features | Other |
|---|---|
| Roof | Metal |
| Foundation | Crawlspace |
Additional Information On 3415 N 51st Street
| Date Listed | June 10th, 2025 |
|---|---|
| Days on Market | 139 |
| Zoning | RM-16 |
| Flood Zone Code | x |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | FLORIDA REAL ESTATE PARTNERS |
|---|