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$500,000

Beds
3
Baths
3.0
sq ft
2,526

5604 N Cherokee Ave, Tampa, FL 33604

5604 N Cherokee Ave

TAMPA, FL 33604

  • 12 days on market
**Investor or DIY Enthusiast Opportunity in Seminole Heights!** Located in one of Tampa’s most sought-after neighborhoods, this home offers the perfect blend of charm and potential, boasting over 2,500 sq. ft. Nestled in a beautiful location, this property is ready for someone with vision to bring it back to life. The main house features two bedrooms plus an office and a fireplace, while the upstairs apartment offers a great opportunity for rental income or a second living space. Key updates include a 2020 roof, a 2022 AC unit upstairs, and a new handler in the main house. Whether you're looking to renovate and create your dream home or invest for future returns, this is a fantastic opportunity. With tree-lined streets, a strong sense of community, and easy access to local restaurants, parks, and downtown, this is a prime location with endless possibilities. Don’t miss your chance to make this property your own!

Details

Property type

Single Family Residence

Est. home value

$521,927

Lot size

7,392 sq ft

Price per sq ft

$198

Year built

1926

Annual property taxes

$6,497.54

HOA

No

Price History

03/05/2025
StellarMLS

StellarMLS #TB8357705

Listed
$500,000
+66.67%
12/23/2020
StellarMLS

StellarMLS #T3251595

Sold
$300,000
+25%
07/20/2007
StellarMLS

StellarMLS #T2248558

Sold
$240,000
-9.43%

Schools & Community

Neighborhood: 

Seminole 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

$422,660
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$37,340
Cash to seller
$422,660

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

April 2023

Original loan amount

$38,326

Est. remaining balance

$37,340

Interest rate

6.5%

Loan type

FHA, 28 year

Seller

Jordyn Carter and Benjamin Beronda

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: 03/17/2025 at 1:35 AM

Listing updated: 03/06/2025 at 6:57 AM

Listed by: Ada Provenzano, OLYMPUS EXECUTIVE REALTY TAMPA Phone #: (407) 832-9691

MLS: StellarMLS #TB8357705

StellarMLS logo

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