tomo logo

$380,000

Beds
4
Baths
3.0
sq ft
1,620

1740 W Cherry St, Tampa, FL 33607

1740 W Cherry St

TAMPA, FL 33607

  • Pending
    • Price drop $5,000↓
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Spacious and newly remodeled, this beautiful 4-bedroom, 3-bathroom home offers incredible value for its size. With soaring high ceilings and abundant natural light, the open layout feels bright and inviting. Luxury vinyl flooring runs throughout for durability and easy maintenance. A brand-new roof adds long-term peace of mind. Located on a cul-de-sac for convenient street parking, this property is also a solid investment opportunity. At market rent, it delivers an 8% cap rate, with the potential for an 11% cap using a co-living model. Just five minutes from all that Tampa has to offer, this home is positioned for strong cash flow and long-term appreciation.

Details

Property type

Single Family Residence

Est. home value

$401,608

Lot size

5,350 sq ft

Price per sq ft

$235

Year built

1945

Annual property taxes

$4,281

HOA

No

Price History

03/06/2025
StellarMLS

StellarMLS #TB8344108

Pending
$380,000
03/03/2025
StellarMLS

StellarMLS #TB8344108

Price change
$380,000
-1.3%
02/17/2025
StellarMLS

StellarMLS #TB8344108

Price change
$385,000
-1.28%

Schools & Community

Neighborhood: 

Old West Tampa

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Dominion Financial Services Llc

Loan start date

August 2021

Original loan amount

$1,658,250

Est. remaining balance

Not provided

Interest rate

3.02%

Loan type

Commercial, 30 year

Seller

Sunrock Capital Llc

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?

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Status: Pending/Under Contract

Tomo last checked: 04/02/2025 at 5:10 PM

Listing updated: 03/26/2025 at 10:55 AM

Listed by: Beth Silverman, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #TB8344108

StellarMLS logo

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