tomo logo

$375,000

Beds
3
Baths
2.0
sq ft
1,169

3002 N 16th St, Tampa, FL 33605

3002 N 16th St

TAMPA, FL 33605

  • <1 day on market
Café con leche, cigars, and chickens – Oh my! This 1925 fully renovated Ybor City bungalow is ready for its new owners. Whether you're seeking a cash-flowing investment property, a short-term rental, or a charming home near the vibrant heart of Ybor City, this residence has it all. Located just moments from Historic 7th Avenue, Sparkman Wharf, Water Street, Armature Works, and the exciting future Gas Worx development, 3002 N. 16th Street offers an unbeatable location. Every inch of this home, from the mechanical systems to the cosmetic updates, was completely and thoughtfully redone in 2024. No shortcuts were taken—no “flipper-grade” choices, no subpar craftsmanship, and all updates were done with proper permits. HVAC, electrical, plumbing, foundation, drywall, kitchen, bathrooms—everything was addressed and improved. This traditional shotgun bungalow, which has withstood the test of time for nearly 100 years, holds a special place in history. Built in 1925 by a Cuban-American cigar factory worker for his family, the home has only had three owners since its construction. As you step through the front door, you're welcomed into an open floorplan. The spacious living room flows into the dining area, which comfortably accommodates a table for six. The kitchen, featuring crisp white shaker cabinets and a stainless steel appliance package, is ready for any home chef to create culinary delights. The two secondary bedrooms provide ample closet space, along with additional transom storage. Both the secondary and primary bathrooms are adorned with period-appropriate tiles and sleek matte black fixtures, offering a perfect blend of vintage charm and modern style. The primary suite easily fits a king-size bed and boasts a custom closet with built-in shelving for maximum storage. At the back of the house you will find the generously sized mud/laundry room, complete with a mural painted by a local artist, is a unique and colorful touch. The fully fenced backyard is a compact oasis, with space to park several cars in the driveway. Enjoy the fruits of homeownership with mangoes and sour oranges that are ready for harvest year-round. Owner is a licensed real estate agent.

Details

Property type

Single Family Residence

Est. home value

$224,098

Lot size

3,626 sq ft

Price per sq ft

$321

Year built

1925

Annual property taxes

$2,925.42

HOA

No

Price History

02/27/2025
StellarMLS

StellarMLS #TB8355148

Listed
$375,000
+109.5%
09/07/2022
StellarMLS

StellarMLS #T3393045

Sold
$179,000

Schools & Community

Neighborhood: 

East Tampa

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

$197,966
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$147,034
Cash to seller
$197,966

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

Seller’s Loan History

Lender

Gershman Investment Corp

Loan start date

September 2022

Original loan amount

$152,150

Est. remaining balance

$147,034

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Gabrielle Gamble and Nicholas Medrano

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: 02/27/2025 at 2:35 PM

Listing updated: 02/27/2025 at 10:09 AM

Listed by: Gabby Medrano, ATTAIN REAL ESTATE Phone #: (813) 544-1414

MLS: StellarMLS #TB8355148

StellarMLS logo

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