Canal Front Tampa Pool Flip

Canal Front Tampa Pool Flip

3 bed 2 bath 1971 sq ft Built in 1961 Single Family
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75
Quality of Comparables
Low High
18 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
2/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Here's an opportunity that ticks all the boxes. This property is the lowest-priced, per-square-foot pool home currently available in all of Tampa. Nestled on an oversized lot with over 100 feet of canal frontage, this home is brimming with potential. The property is not in a flood zone, offering prime Florida living without added expense. The convenient location presents easy access to I-4 and is within minutes of the Seminole Hardrock Casino and the Midflorida Amphitheater. 

The concrete-block home offers a spacious layout with 3 bedrooms and 2 bathrooms. Features include an enclosed in-ground pool, a large Florida room, an attached carport, and direct access to Bellows Lake. Recent updates include a roof replacement in 2018 and a new HVAC system in 2023. To maximize resale value, we recommend a complete cosmetic update along with refurbishing the pool and screened-in enclosure. 

Inventory for pool homes is scarce in this area with only five active listings within a three-mile radius. Recent sales activity for neighboring waterfront homes ranges from $207 – $285 per square foot, supporting our projected ARV of $480,000. Take advantage of these strong indicators and seize the opportunity. Contact your EquityPro Advisor today for more information.

Note: Property records reflect two bedrooms and two bathrooms, but this home does have three full bedrooms.

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We recommend flip
Rental Income
$2,500 mo. / $30,000 yr.
Estimated Taxes
$4,357 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$20,443
Projected Income
5.73%
Estimated APY
$67,350
Projected Income
16.36%
Estimated ROI

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