tomo logo

$674,999

Beds
3
Baths
2.0
sq ft
2,382

3416 S 70th St, Tampa, FL 33619

3416 S 70th St

TAMPA, FL 33619

  • 1 day on market
Discover a rare and lucrative investment opportunity at 3416 S 70th Street in Tampa. This property is meticulously designed to maximize your return, offering a potential for a high return on investment. This unique property features a main house with a thoughtfully converted garage for even further rental returns. Alongside a separate Accessory Dwelling Unit (ADU) housing three additional rental units with its own dedicated driveway and fence. Add to your portfolio ensuring consistent income and minimizing vacancy risks. Benefit from a property that is already generating substantial rental income, demonstrating a strong and reliable return. Take the opportunity to cover your living expenses with the rental unit in the back of the property. Enjoy owning a multi-generational compound on nearly an acre. This is an ideal addition to any investor's portfolio seeking immediate and consistent returns. Situated on a substantial lot, this property offers ample space, potential for future expansion or additional development, further enhancing its investment value. The main house has tile floors throughout. Vaulted ceilings and a wonderful stone fireplace. Newer kitchen appliances and finishes make this home move in and or rent ready. You have two sets of double French doors that lead you into a Florida room with a custom stone bar. Stay tuned for pictures of rental units this coming this week!The ADU benefits from a separate driveway and dedicated fencing, providing tenants with enhanced privacy and convenience. This feature increases tenant satisfaction and rental desirability. The guest house is approx 2000 sqft. You have two rental units on the second floor and one on the first floor. Separate laundry room for the guest house with additional storage. This is a rare chance to own over nearly 4400 sqft of living space on an acre in Tampa. Totaling 7 bedrooms and 5 bathrooms. Enjoy the convenience of being just minutes from the vibrant heart of downtown Tampa. This prime location offers easy access to a wealth of amenities, including dining, entertainment, and employment opportunities, ensuring consistent tenant demand. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$355,997

Lot size

0.81 acres

Price per sq ft

$284

Year built

1984

Annual property taxes

$8,146.43

HOA

No

Price History

03/01/2025
StellarMLS

StellarMLS #TB8356383

Listed
$674,999
-11.18%
12/05/2024
StellarMLS

StellarMLS #TB8306733

Removed
$760,000
09/23/2024
StellarMLS

StellarMLS #TB8306733

Listed
$760,000
+22.58%

Schools & Community

Elementary school: 

Bing-HB

Middle school: 

Giunta Middle-HB

High school: 

Spoto High-HB

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

$300,154
Asking price
$674,999
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$320,845
Cash to seller
$300,154

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

August 2022

Original loan amount

$332,500

Est. remaining balance

$320,845

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Sydnic Labrousse

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: 03/02/2025 at 3:10 PM

Listing updated: 03/02/2025 at 6:51 AM

Listed by: Anthony Trioli, KELLER WILLIAMS TAMPA CENTRAL Phone #: (813) 865-0700

MLS: StellarMLS #TB8356383

StellarMLS logo

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