702 Virginia Avenue W, Tampa, FL 33603
For Sale $574,000
Save Property
INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS *Riverside Heights Gem Bordering Tampa Heights* An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk. This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance. Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, theres a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, theres a strong potential for rezoning to commercial or mixed-use. Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures. Don miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.
Ceiling Fans(s)
Thermostat
Taxes: $7.00
Tax Year: 2024
Private Mailbox
Sidewalk
Storage
Electric Water Heater
Range Hood
Elementary School: Broward-Hb
Middle School: Stewart-Hb
Junior High: Stewart-Hb
High School: Hillsborough-Hb
MLS Area: 33603 - Tampa / Seminole Heights
Price per Square Feet: $449.84
Total Floors: 1
Water: Public
Lot Desc.: Corner Lot, Level, Near Public Transit, Oversized Lot, Sidewalk, Street Brick
Construction: Other, Frame
Date Listed: 2025-05-20 20:57:24
Pool: No
Private Spa: No
Furnished: Unfurnished
Windows: Blinds
Parking: Ground Level
Garage Spaces: 1
Flooring: Wood
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air
Sewer: Public Sewer
Listing Courtesy Of: Keller Williams South Tampa
correy@kw.com
INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS *Riverside Heights Gem Bordering Tampa Heights* An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk. This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance. Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, theres a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, theres a strong potential for rezoning to commercial or mixed-use. Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures. Don miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.
Property Details
Price: $574,000
Sq Ft: 1,276
($450 per sqft)
Bedrooms: 3
Bathrooms: 1
City: Tampa
County: Hillsborough
Type: Single Family Reside
Development: Riverside North
Acres: 0.27
Year Built: 1927
Listing Number: TB8385145
Status Code: A-Active
Taxes: $7.00
Tax Year: 2024
Garage:
1
Furnishings: Unfurnished
Interior Features:
Ceiling Fans(s)
Thermostat
Financial Information:
Taxes: $7.00
Tax Year: 2024
Exterior Features:
Private Mailbox
Sidewalk
Storage
Equipment:
Electric Water Heater
Range Hood
School Information:
Elementary School: Broward-Hb
Middle School: Stewart-Hb
Junior High: Stewart-Hb
High School: Hillsborough-Hb
Additional Information:
MLS Area: 33603 - Tampa / Seminole Heights
Price per Square Feet: $449.84
Total Floors: 1
Water: Public
Lot Desc.: Corner Lot, Level, Near Public Transit, Oversized Lot, Sidewalk, Street Brick
Construction: Other, Frame
Date Listed: 2025-05-20 20:57:24
Pool: No
Private Spa: No
Furnished: Unfurnished
Windows: Blinds
Parking: Ground Level
Garage Spaces: 1
Flooring: Wood
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air
Sewer: Public Sewer
Map of 702 Virginia Avenue W, Tampa, FL 33603
Listing Courtesy Of: Keller Williams South Tampa
correy@kw.com