tomo logo

$875,000

Beds
3
Baths
2.0
sq ft
1,856

502 E Davis Blvd, Tampa, FL 33606

502 E Davis Blvd

TAMPA, FL 33606

  • 3 days on market
Don’t miss this rare opportunity to own a property in one of Tampa's finest neighborhoods—Davis Islands! While the home has experienced flooding, the location and potential are unparalleled, making this a perfect project for investors, renovators, or those seeking a custom-built dream home in one of Tampa’s most desirable neighborhoods.This property is ready for a visionary buyer to restore it to its full potenital or create a brand-new masterpiece. Enjoy Ample living space and an attached one car garage. This home is walkable to local favorites like Farrell's, Anchor Tavern, Davis Islands Beach and many more!

Details

Property type

Single Family Residence

Est. home value

$303,216

Lot size

7,150 sq ft

Price per sq ft

$472

Year built

1971

Annual property taxes

$13,691

HOA

No

Price History

01/02/2025
StellarMLS

StellarMLS #TB8334294

Listed
$875,000
-8.85%
04/03/2023
StellarMLS

StellarMLS #T3402766

Sold
$960,000
+36.39%
03/12/2021
StellarMLS

StellarMLS #T3288986

Sold
$703,850
+98.27%

Schools & Community

Neighborhood: 

Davis Island

Elementary school: 

Gorrie-HB

Middle school: 

Wilson-HB

High school: 

Plant-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

$601,670
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$203,330
Cash to seller
$601,670

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$207,824

Est. remaining balance

$203,330

Interest rate

6.09%

Loan type

FHA, 30 year

Seller

Alexander Kenant Gonzalez and Karina Ramos Torres

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: 01/05/2025 at 7:50 AM

Listing updated: 01/03/2025 at 6:52 AM

Listed by: Amelia VanDyke, KELLER WILLIAMS SOUTH TAMPA Phone #: (813) 875-3700

MLS: StellarMLS #TB8334294

StellarMLS logo

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