Address3502 North Lincoln Avenue, TAMPA, FL, 33607

Price$489,900

  • 3 Beds
  • 2 Baths
  • Residential
  • 1,506 SQ FT
  • Built in 1947

RARE CORNER LOT OPPORTUNITY IN SOUGHT-AFTER WEST TAMPA - A DEVELOPER’S DREAM WITH A CHARMING 2/1 HOME & IN-LAW SUITE. Nestled in the vibrant heart of West Tampa, this unique property presents a rare opportunity for those looking to invest in a thriving community or find their forever home. Priced at $490,000, this spacious corner lot stands out with its potential for future development and immediate comfortable living. ---PROPERTY HIGHLIGHTS--- EXCEPTIONAL LOT SIZE & LOCATION::: Situated on a generous corner lot, this property offers unmatched potential in West Tampa. With current comps at close to $300,000 for single lots, the value here is undeniable. Perfect for those envisioning future expansion or development, with the possibility to split the lot and build two homes when the time is right. CHARMING RESIDENTIAL LIVING::: The property features a cozy 2 bedroom, 1 bathroom main house, showcasing spacious living areas perfect for everyday comfort. The included in-law suite, complete with a bedroom, bathroom, and kitchenette, offers additional flexibility for guests or rental income. INVESTMENT WITH A VISION::: Ideal for cash buyers looking for a strategic investment in a booming area. This property is not just a home, but a long-term investment with potential for significant appreciation. Live in and love your home now, with the option to sell to developers in the future, capitalizing on the area’s growth. ABOUT WEST TAMPA::: West Tampa is a gem within the Tampa Bay area, known for its rich cultural heritage, thriving local businesses, and beautiful parks. Residents enjoy a blend of urban and suburban living, with easy access to some of Tampa’s best dining, shopping, and entertainment options. The community's strong sense of history and identity, combined with its strategic location, makes West Tampa a desirable place for both living and investment. ---WHY THIS PROPERTY IS A MUST-SEE--- FUTURE-PROOF INVESTMENT: With the market’s cyclical nature, this property stands as a smart buy for those looking to invest in Tampa’s future. The corner lot’s development potential is a blank canvas for the right visionary.LOCATION, LOCATION, LOCATION::: Enjoy the best of West Tampa, with its proximity to downtown, the waterfront, and all the cultural richness the area has to offer. FLEXIBILITY FOR NOW AND LATER::: Whether you’re settling in for the long haul or planning for future development, this property offers both comfort and potential. Don’t miss out on the opportunity to own a piece of West Tampa’s future. Ideal for visionary investors and homeowners alike, this property is a stepping stone to a prosperous future in one of Tampa’s most beloved communities.

Essential Information

  • MLS® #T3518046
  • Price$489,900
  • Bedrooms3
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,506
  • Acres0.25
  • Price/SqFt$325 USD
  • Year Built1947
  • TypeResidential
  • StyleTraditional
  • StatusActive

Community Information

  • Address3502 North Lincoln Avenue
  • AreaTampa
  • SubdivisionJOHN H DREWS FIRST EXT
  • CityTAMPA
  • CountyHillsborough
  • StateFL
  • Zip Code33607

Sub-Type

Residential, Single Family Detached

Interior Features

Ceiling Fans(s), Thermostat

Appliances

Electric Water Heater, Range

Lot Description

Corner Lot, City Limits, Near Public Transit, Sidewalk, Paved

Amenities

  • ParkingDriveway

Interior

  • HeatingElectric
  • CoolingMini-Split Unit(s)

Exterior

  • Exterior FeaturesLighting, Sidewalk
  • RoofShingle
  • FoundationSlab

Additional Information

  • Date ListedApril 10th, 2024
  • Days on Market41
  • ZoningRS-50

Listing Details

  • OfficeRE/MAX COLLECTIVE
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