East Tampa Block Bungalow | 3BR Investment Opportunity Near Ybor | ARV $310K–$330K

This 3-bedroom, 1-bath concrete block bungalow offers roughly 1,300 sq ft of living space on a 5,227 sq ft lot in the East Tampa/Ybor fringe. The property is vacant and ready for a straightforward renovation. Major systems include an HVAC system from 2018 and a water heater installed around 2020. The roof appears older and likely approaching end-of-life. Interior is dated throughout and will need a full cosmetic modernization to compete with the renovated bungalows trading above $300K in the surrounding blocks.

This pocket continues to see strong investor activity, with updated homes reliably reaching the low-to-mid $300s depending on finish quality.

Investment Highlights

• 3BR / 1BA bungalow | ~1,300 sq ft
• Concrete block construction
• HVAC 2018 | Water heater ~2020
• Older roof likely due for replacement
• Vacant — easy access for crews
• Strong resale demand among renovated bungalows in this corridor
• Flip or rental potential in a rapidly improving micro-market

Rehab Scope Summary

• Replace older roof
• Full interior cosmetic renovation: kitchen, bath, flooring, paint, fixtures
• Inspect electrical panel + outlets/switches; common age issues in older builds
• Patch or replace drywall as needed
• Exterior paint + curb appeal landscaping
• Inspect plumbing lines; galvanized sections common in homes of this era
• Optional: Add interior laundry enclosure if not already present

Comparable Sales – East Tampa / Ybor Fringe

• 3103 N 16th St – 3/1 | 1,508 sf | 1930 | $310,000 ($206/sf) – Updated
• 1519 E 29th Ave – 2/1 | 957 sf | 1958 | $325,000 ($340/sf) – Fully renovated
• 2925 Sanchez St – 3/1 | 1,395 sf | 1925 | $270,000 ($194/sf) – Average finish
• 2903 N 16th St – 2/1 | 1,176 sf | 1942 | $359,900 ($306/sf) – High-end renovation
• 1209 E 29th Ave – 2/1 | 1,250 sf | 1928 | $329,900 ($264/sf) – Updated

Renovated homes in this immediate micro-pocket consistently support resale values above $310K, with premium finishes pushing into the $330K+ range.

ARV Estimate

Estimated ARV Range: $310,000 – $330,000
(Upper end achievable with full modern renovation and quality finishes)

Contact

📞 Call/Text: 321-436-4911
📧 Email: fosteralgier@gmail.com
🌐 Website: FACSold.com