INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS
*Riverside Heights Gem Bordering Tampa Heights*
An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk.
This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance.
Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, there’s a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, there’s a strong potential for rezoning to commercial or mixed-use.
Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures.
Don’t miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.
*Riverside Heights Gem Bordering Tampa Heights*
An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk.
This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance.
Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, there’s a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, there’s a strong potential for rezoning to commercial or mixed-use.
Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures.
Don’t miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.
Property Details
Price:
$599,000
MLS #:
TB8385145
Status:
Active
Beds:
3
Baths:
1
Address:
702 W VIRGINIA AVENUE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
RIVERSIDE NORTH
Neighborhood:
33603 – Tampa / Seminole Heights
City:
TAMPA
Listed Date:
May 20, 2025
State:
FL
Finished Sq Ft:
1,484
Total Sq Ft:
1,484
ZIP:
33603
Lot Size:
11,700 sqft / 0.27 acres (approx)
Year Built:
1927
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
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Schools
Elementary School:
Broward-HB
Middle School:
Stewart-HB
High School:
Hillsborough-HB
Interior
Appliances
Electric Water Heater, Range Hood
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Hardwood
Heating
Central, Electric
Laundry Features
None
Exterior
Architectural Style
Bungalow
Construction Materials
Other, Wood Frame
Exterior Features
Private Mailbox, Sidewalk, Storage
Other Structures
Storage, Workshop
Parking Features
Ground Level
Roof
Shingle
Financial
Tax Year
2024
Taxes
$7,354
Map
Community
- Address702 W VIRGINIA AVENUE TAMPA FL
- SubdivisionRIVERSIDE NORTH
- CityTAMPA
- CountyHillsborough
- Zip Code33603
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Courtesy of KELLER WILLIAMS SOUTH TAMPA. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti 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. 702 W VIRGINIA AVENUE
TAMPA, FL
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