3415 N 51ST STREET TAMPA FL 33619 MLS #W7876311

3415 N 51ST STREET
TAMPA, FL, 33619
$248,500
3 Beds
2 Baths
760 SqFt
0.25 Acres
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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.

Property Details

Price:
$248,500
MLS #:
W7876311
Status:
Active
Beds:
3
Baths:
2
Address:
3415 N 51ST STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GRANT PARK
Neighborhood:
33619 – Tampa / Palm River / Progress Village
City:
TAMPA
Listed Date:
Jun 10, 2025
State:
FL
Finished Sq Ft:
760
Total Sq Ft:
920
ZIP:
33619
Lot Size:
10,700 sqft / 0.25 acres (approx)
Year Built:
1948
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Clarence Hasenbeck

Clarence Hasenbeck

Realtor®

Phone 727 492-9846

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Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Tile, Vinyl
Heating
Other
Laundry Features
Inside, Laundry Room

Exterior

Construction Materials
Wood Frame
Exterior Features
Other
Roof
Metal

Financial

Tax Year
2024
Taxes
$2,882

Map

Community

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broker reciprocity Courtesy of FLORIDA REAL ESTATE PARTNERS. Disclaimer: All data relating to real estate for sale on this page comes from the Internet Data Exchange (IDX) Program of Stellar MLS. Detailed information about real estate listings held by brokerage firms other than Clarence Hasenbeck include the name of the listing broker. Neither the listing company nor Clarence Hasenbeck shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved.
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3415 N 51ST STREET
TAMPA, FL