Calling all investors, flippers, and developers — rare opportunity in the heart of Old West Tampa’s Northeast Macfarlane neighborhood. This 2-bedroom, 1-bath home, originally built in 1944 and situated on a 4,791 square foot lot, is ready for a comprehensive rehab, reconstruction, or redevelopment project on a quiet, established block with surrounding renovation activity and rising comps. The existing structure is compact at approximately 829 square feet but offers remarkable upside for strategic visionaries. The property has not transacted since 1991, leaving significant equity potential once brought up to modern standards or reimagined entirely on its existing footprint. Recent market estimates reflect the neighborhood’s improving fundamentals and nearby renovation momentum. With modest property taxes and a location that places it within close proximity to key West Tampa corridors, this lot sits poised for reimagination. Investors can capitalize on rising investor interest, ongoing neighborhood reinvestment, and steady increases in nearby sales prices. Whether the path is a ground-up custom build, a full demo followed by premium single-family construction, or a high-return flip after structural overhaul, the site delivers flexibility and a compelling cost basis. Nearby properties have shown increasing value and active renovation activity, underscoring the strong demand for redeveloped homes in this central Tampa market. Downtown Tampa, Westshore, Raymond James Stadium, and major employment centers are just minutes away, enhancing long-term resale and rental prospects for value-add projects. Ideal for experienced investors, developers, and builders with a vision to transform a classic West Tampa parcel into modern housing. Don’t miss this chance to acquire a property with significant upside potential in an appreciating area. Submit your proposal today and unlock the value waiting to be realized.
The income description goes here to explain
| List Price | $200,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 829 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1944 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A1529184PQ00004900016.0 |
| MLS # | TB8460052 |
| Property ID | 315712864 |
| Lot Sqft | 4,700 |
| Zoning | RS-50 |
| Days on Market | 5 |
| Original List Price | $200,000 |
| Applicances | Cooktop, Refrigerator% |
| Date Updated | January 03, 2026 |
| Date Created | January 01, 2026 |
Maryann Navarro an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 03, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT