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501 E Sparkman Ave

Tampa FL 33602

3
2
1500 sq. ft.
5814 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Welcome to this historic Tampa Heights gem, perfectly situated on a premier corner lot in Flood Zone X that beautifully blends historic character with modern comfort. Offering immediate rental cash flow with all brand-new appliances included, the existing home is ideal to lease out while you secure your building permits. For builders and investors, this parcel features rare RM-24 zoning and highly flexible rear-alley access, unlocking the potential to construct three to four new townhomes. The owner has already jumpstarted the development process—saving you immense time and money—by including a boundary survey, tree survey, and complete architectural plans for 2-unit, 3-unit, and 4-unit three-story townhome configurations, alongside existing CA approvals.Beyond its incredible investment upside, this property offers an unmatched, walkable urban lifestyle. You are just minutes from Armature Works, the Tampa Riverwalk, Downtown Tampa, Water Street, Ybor City, and the University of Tampa. This highly connected neighborhood is poised for major appreciation, sitting steps from the upcoming Robles Park developments, a brand-new YMCA, and a planned streetcar extension. Commutes are effortless with quick access to major transit lines, Hyde Park Village, and Tampa International Airport, while pristine gulf beaches are just a 30-minute drive away. Please note that one or more photos have been virtually staged to showcase the lot's potential (grass)

Features

3 bedrooms
2 bathrooms
1500 sq. ft. floor area
5814 sq. ft. lot size
Single-Family

Property history for 501 E Sparkman Ave

2022
Sold
$465,000
24 Mar 2022 by Ryan Schulze, of KELLER WILLIAMS TAMPA PROP.
2010
Sold
$26,000
19 Nov 2010
2006
Sold
$175,000
09 Feb 2006 by Warren McGregor, of FLORIDA'S CHOICE REAL ESTATE

Happy sellers in Tampa

92%
92% of sellers in Tampa reported that their sale price either exceeded or met their price expectations.

Tampa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Tampa over the last 12 months.

Local market activity for 3 bedroom single-family properties in Tampa

In the last 12 months, 24 three-bedroom single-family properties similar to 501 E Sparkman Ave, have been sold.

This represents a 15% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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