Here is a nice 2 bedroom, 1 bath bungalow in the highly desirable Seminole Heights area. Updated homes of similar size are selling quickly above the $220 per square foot range. We've priced our ARV at a conservative $212 per square foot to ensure a quick resale. We recommend taking down a wall and opening up the kitchen area to create an open concept. We also have budgeted for installing a new A/C, duct work, and updating the windows. Once rehabbed, this property should really shine. Look at the comps!
This property can be purchased with the adjacent property at 802 E Hanna Ave for double your rehab delight. This would create a few exit strategies such as subdividing the land into 4 separate lots and building 4 single family homes. Or creating one large parcel developing a 10-12 unit townhouse project that already has preliminary approval from the city of Tampa. Don't miss out on one of the few flip-able projects left in this great area. Call your EquityPro Advisor!