tomo logo

$350,000

Beds
2
Baths
1.0
sq ft
600

8701 N Hamner Ave, Tampa, FL 33604

8701 N Hamner Ave

TAMPA, FL 33604

  • 12 days on market
Great opportunity in the growing North Tampa area! Double corner lot .28 ACRES (12,075 sf) with mature landscaping zoned RS-60. Nestled in the heart of Tampa near Zoo Tampa at Lowry Park, this charming property features a single-family home and detached guest studio. Both houses have been operated as two unique Airbnb units, each offering a private retreat surrounded by lush greenery. The main house, the “Jungle Casita”, a spacious 1 bedroom/1 bathroom bungalow with a den, boasts over ± 600 sq ft of comfortable living space. It includes a full kitchen, a cozy bedroom with a queen bed, a living area with twin day beds, and a private patio with a fire pit, perfect for enjoying Florida's outdoor beauty. This unique home is surprisingly spacious. Both houses were fully renovated in 2023, with new kitchen cabinets, appliances, new flooring, and interior and exterior painting. The detached guest studio, the “Tiny Jungle House”, is a delightful 300 sq ft tiny home. Don't let the square footage scare you; it is surprisingly spacious and comes complete with a kitchen, including all of the conveniences of home, so cooking and preparing meals will be a breeze! There is a sleeping loft with a queen bed, a lounge loft with floor pillows, a full bathroom, a living room with a TV for lounging, and desk space for remote working. You have your own screened-in patio surrounded by a lush green yard with lounge seating to enjoy the Florida weather without the bugs. A large storage shed/workshop is also attached to the guest studio. The shed is equipped with a full-size washer and dryer. The possibilities for the property are endless; you can operate the property as two Airbnb units, live in the main house, rent the guest studio, long term rental on both houses, split the lot, build your dream house on half and sell the other half, build a compound spanning both lots, or divide the lot and build two new houses. The property is zoned RS-60 and can be legally divided within the City of Tampa zoning guidelines. No CDD, no flood insurance, no deed restrictions, low taxes, and you can park your RV, boat, trailer, and toys here! Convenient location only minutes to Zoo Tampa at Lowry Park, Seminole Heights, and all major interstates, minutes from downtown Tampa and Tampa International Airport. This is the LOCATION, price, and investment opportunity you have been dreaming about!

Details

Property type

Single Family Residence

Est. home value

$220,639

Lot size

0.28 acres

Price per sq ft

$584

Year built

1943

Annual property taxes

$3,109

Price History

06/21/2024
StellarMLS

StellarMLS #T3536100

Listed
$350,000
+60.55%
10/31/2022
StellarMLS

StellarMLS #J954419

Sold
$218,000

Schools & Community

Neighborhood: 

Lowry Park Central

Elementary school: 

Forest Hills-HB

Middle school: 

Adams-HB

High school: 

Chamberlain-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

$161,902
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$160,098
Cash to seller
$161,902

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

October 2022

Original loan amount

$163,500

Est. remaining balance

$160,098

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Cynthia Marie Greco and Greco Trust

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: 07/03/2024 at 9:55 AM

Listing updated: 06/24/2024 at 3:59 PM

Listed by: Cindy Greco, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #T3536100

StellarMLS logo

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