This is a true triple-threat opportunity with multiple exit strategies, including flip, rental, or new construction.

The property requires a full rehab, making it ideal for investors looking to force appreciation and create equity. Renovated homes in the area are selling strongly, giving solid potential for a profitable flip with the right execution.

For rental investors, market rents are around $1,650, offering steady cash flow in a high-demand area. Once stabilized, self-managing after the first year can significantly increase your annual yield by reducing expenses and improving overall returns.

Location is a major driver here. The property sits roughly 10–15 minutes from Downtown Tampa, placing you close to key economic hubs, including the business district, Tampa Riverwalk, and Convention Center. Continued growth, redevelopment, and nearby areas like Ybor City and the Channel District are driving both rental demand and long-term appreciation.

For builders, this is a strong new construction play. New homes in the area are trending in the $400s. At an estimated $150 per square foot, a 1,500 sqft 3-bed 2-bath with a garage can be built at a favorable basis, leaving room for solid profit margins.

Opportunities with this level of flexibility are rare. Whether you’re looking to flip, hold, or build, this deal checks all the boxes.

Contact your Equitypro advisor today!