#TB8387527, Ellie Lambert, Listing office: REAL BROKER, LLC
702 W Virginia Ave Tampa, FL 33603
Property details
About 702 W Virginia Ave
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.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Electric Water Heater, Range Hood
- Flooring Type: Wood
- Interior: Ceiling Fans(s), Thermostat
- Fireplace: Living Room
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: No
- Parking: Ground Level
- Exterior: Private Mailbox, Sidewalk, Storage
- Architectural Style: Bungalow
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $589,000
- Price/SqFt: $461
- HOA Amount: $0
- Annual Tax Amount: $783
- Tax Year: 2023
- Lot: Corner Lot, Level, Near Public Transit, Oversized Lot, Sidewalk, Bricked Street
- Directions: From Downtown (Tampa, FL 33602) head north toward E Twiggs St, turn left toward E Twiggs St, turn left onto E Twiggs St, turn right at the 2nd cross street onto US-41 BUS N/N Florida Ave, turn left onto E Plymouth St, turn right onto N Blvd, destination will be on the left.
- Year Built: 1927
- Stories: 1
- Living Area: 1,276 SqFt
- Lot Size: 0.27 Acres
- MLS Number: TB8385145
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS SOUTH TAMPA
- Office Phone: (813) 875-3700
- Listing Agent: Correy Smith
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 06, 2001 | Home Sold | $54,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $74,434 | $783 |
2022 | $72,266 | $776 |
2021 | $70,161 | $776 |
2020 | $69,192 | $782 |
2018 | $66,375 | $756 |
2017 | $65,010 | $747 |
History based on county public records data.
Nearby schools
3
Broward Elementary School
Public District PK-5
0.7 mi
•400 W Osborne Ave
4
B. C. Graham Elementary School
Public District KG-5
0.7 mi
•2915 N Massachusetts Ave
3
Walton Academy
Public Charter KG-5
0.9 mi
•4817 N Florida Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,537. The majority of Tampa, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 702 W Virginia Ave
The listing price of 702 W Virginia Ave property is $589,000.
The property 702 W Virginia Ave is a house located in Tampa, Florida, 33603.
Active Listing: 702 W Virginia Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 702 W Virginia Ave are: Broward Elementary School (GreatSchools Rating 3/10), B. C. Graham Elementary School (GreatSchools Rating 4/10), Walton Academy (GreatSchools Rating 3/10), Memorial Middle School (GreatSchools Rating 3/10), Trinity School for Children (GreatSchools Rating 8/10), Stewart Middle Magnet School (GreatSchools Rating 4/10), Seminole Heights Charter High School (GreatSchools Rating 2/10), Hillsborough Virtual Instruction Course Offerings (GreatSchools Rating 3/10), Hillsborough Virtual School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $783 (source: MLS/based on county public records data).
The last sale was on March 6, 2001 for $54,000 (source: MLS/tax record).
The property at 702 W Virginia Ave has 3 bedrooms and 1 bathroom.
The property 702 W Virginia Ave is 1,276 SqFt (source: MLS/tax record).
The year of construction for 702 W Virginia Ave is 1927.
This home is located at 702 W Virginia Ave in Tampa, FL and zip code 33603 in the Riverside Heights neighborhood. This 1,276 square foot home, which was built in 1927, sits on a 0.27 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $589,000.
Over 144 listings were sold over their listed price in June 2025 in Tampa, FL. In the same period over 476 listings were sold below the listed price and 168 listings were sold for the listed price. The number of listings in Tampa, FL decreased by 1.9% between May and June 2025. While the average time on the market in June 2025 was 45 days, the median list price was $430,387.