tomo logo

$425,000

Beds
5
Baths
2.0
sq ft
1,584

1314 W Rambla St, Tampa, FL 33612

1314 W Rambla St

TAMPA, FL 33612

  • 1 day on market
Discover an exceptional opportunity. Nestled in the sought-after Forest Hills neighborhood and just minutes from the excitement of Busch Gardens, this unique property features two distinct dwellings on one parcel, offering incredible flexibility and potential. The main home living space includes three bedrooms and one bathroom. It’s move-in ready, recently refreshed with new interior and exterior paint, brand-new laminate flooring, and an updated tile bathroom. The kitchen boasts a new refrigerator and stove, while the new washer and dryer add convenience. Relax and unwind on the cozy screened-in porch, perfect for enjoying Florida’s beautiful weather. A newer A/C (2022) ensures comfort year-round, and the large fenced-in yard provides ample space for outdoor activities and privacy. The second dwelling, a converted garage offering 712 sq. ft. of living space, features two bedrooms and one bathroom, a fenced yard, and a storage shed, making it a versatile option for rental income, extended family, or guests. This property is a RARE FIND! The parcel has been split and approved by the city, opening the potential to sell each home separately. Whether you choose to live in one home and rent the other or capitalize on dual income-generating rentals, the possibilities are endless. Conveniently located near shopping, dining, and major roadways, this property is perfect for investors, homeowners, or anyone looking for a smart real estate opportunity. Don’t miss out on this incredible chance to own two properties in Forest Hills! Schedule your showing today. All measurements are approximate. Buyers are encouraged to verify all dimensions and details for accuracy.

Details

Property type

Single Family Residence

Est. home value

$316,601

Lot size

0.3 acres

Price per sq ft

$269

Year built

1948

Annual property taxes

$4,261

HOA

No

Price History

01/11/2025
StellarMLS

StellarMLS #TB8335301

Listed
$425,000
+41.67%
05/10/2022
StellarMLS

StellarMLS #J946686

Sold
$300,000
+289.61%
12/21/2011
StellarMLS

StellarMLS #T2481066

Sold
$77,000

Schools & Community

Neighborhood: 

Forest Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$177,145
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$213,855
Cash to seller
$177,145

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Celebrity Home Loans Llc

Loan start date

May 2022

Original loan amount

$224,000

Est. remaining balance

$213,855

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Cathy Schoeppler

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/11/2025 at 9:05 PM

Listing updated: 01/11/2025 at 6:21 PM

Listed by: Cathy Schoeppler, UNITED REAL ESTATE SUNCOAST Phone #: (727) 900-5995

MLS: StellarMLS #TB8335301

StellarMLS logo

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