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$365,000

Beds
3
Baths
1.0
sq ft
1,052

510 W Plaza Pl, Tampa, FL 33602

510 W Plaza Pl

TAMPA, FL 33602

  • 170 days on market
    • Price drop $15,000↓
This home sits HIGH AND DRY AT 50 FT ABOVE SEA LEVEL. Located in flood zone X (NO FLOOD insurance required). Calling all investors and builders! Opportunity awaits at 510 W Plaza Place in the heart of Tampa's first prominent residential suburb and neighborhood, Tampa Heights. Complete rehab or tear down with downtown Tampa's prime area zip 33602! This location offers infinite potential for new construction or fix and flip with a spacious lot ensuring high land value solidifying solid investment opportunity. This home is located half of a mile away from Armature Works and minutes away from popular attractions like the Tampa Riverwalk, Downtown Tampa, the historic charm of Ybor City, The Straz Center for the Performing Arts, Amalie Arena, Tampa Museum of Art, Sparkman Wharf, The University of Tampa, Michelin Star restaurants and is a short drive to the airport. Tenant occupied at $2,150/monthly through 3.31.25. Enjoy cash flow while the city reviews and approves plans to build. Seize the opportunity to own and invest in one of the most exciting and fasting growing cities in the US! Schedule a showing today! Inquire directly for interior photos. NO SIGHT UNSEEN OFFERS.

Details

Property type

Single Family Residence

Est. home value

$393,112

Lot size

4,400 sq ft

Price per sq ft

$347

Year built

1925

Annual property taxes

$4,524.67

HOA

No

Price History

10/18/2024
StellarMLS

StellarMLS #T3531846

Price change
$365,000
-3.95%
10/02/2024
StellarMLS

StellarMLS #T3531846

Pending
$380,000
08/07/2024
StellarMLS

StellarMLS #T3531846

Price change
$380,000
-5%

Schools & Community

Neighborhood: 

Tampa Heights

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

$159,366
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$176,434
Cash to seller
$159,366

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

March 2021

Original loan amount

$192,000

Est. remaining balance

$176,434

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Matthew James Armstrong

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: Active

Tomo last checked: 11/21/2024 at 11:40 PM

Listing updated: 10/21/2024 at 10:15 AM

Listed by: Claudia Hayden, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #T3531846

StellarMLS logo

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