by RH Advisors

See Home Value
$2,890,000
House - Off Market

3902 W Elrod AVENUE

TAMPA, FL 33616
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2380 Sqft
$15,940
Estimated Monthly
$0
HOA / Fees
0.89%
Cap Rate

About This Property

3902 w Elrod is an amazing investment & Development Opportunity located In the prime location of South Tampa.

The property has already been cleared and approved by the city.  PD'd for 20 villa style townhomes with 2 units per building.

There is currently a rental home on the property, which has a tenant renting on a month to month basis, outside of their normal contract, so easy to get started.

Drive by only, or call me for an appoint to view the property so I can give the tenants 24 hour notice.

Please do not walk around inside of the gate, on the property, since there is currently a tenant on the property . This 1.64 acre property, that is already PD'd and ready to roll, is a rare find in South Tampa. Conveniently located close to downtown St Pete, Ybor City, Hyde Park restaurants, Bayshore, TGH, & more
Unit Size
2,380Ft²
Days on Market
-
Land Size
1.63 acres
Price per sqft
$1,214
Property Type
House
Property Taxes
$1,749
HOA Dues
-
Year Built
2000
Last updated: 3 months ago (Stellar MLS #T3463407)

Price History

Date / Event Date Event Price
Feb 16, 2024 No longer available -
No longer available
Jan 4, 2024 Relisted $2,890,000
Relisted
Dec 30, 2023 No longer available -
No longer available
Aug 8, 2023 Listed by REALTY ONE GROUP ADVANTAGE $2,890,000
Listed by REALTY ONE GROUP ADVANTAGE
3902 w Elrod is an amazing investment & Development Opportunity located In the prime location of South Tampa. The property has already been cleared and approved by the city. PD'd for 20 villa style townhomes with 2 units per building. There is currently a rental home on the property, which has a tenant renting on a month to month basis, outside of their normal contract, so easy to get started. Drive by only, or call me for an appoint to view the property so I can give the tenants 24…
Jul 22, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 696
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 71,691
  • Lot Size Depth Feet: 4,000
  • Lot Size Frontage Feet: 1,780
  • Total Building Area: 3,076
  • Gross Building Area: 3,362
  • Building Area: 2,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALLS SUBDIVISION
  • Land Acres: 1.646
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALLS SUBDIVISION LOT 12 LESS S 225 FT THEREOF BLOCK 2

Ownership

  • Current Owner : TAVLAN SEVIM
  • Previous Owner : HARRIS LOUIS M
  • Previous Owner 2: OATES HARRIS CONSTANCE
  • Owner Before Previous Owner: BAY CHRISTIAN ENTERPRISES INC

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 007002

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 53
  • Subdivision Tract Number: 41X
  • Parcel: 137343-0000
  • Block: 2
  • Lot: 12
  • Meridian: SEC 16 TWN 30S RNG 18E
  • Municipality: TAMPA
  • Latitude: 27.8731
  • Longitude: -82.5085

    Address

  • Full Address: 3902 W Elrod Ave
  • Address - House Number: 3902
  • Street Direction: W
  • Address - Street Name: Elrod
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Tampa
  • Carrier Code: C005
  • 4-Digit Zip Code: 2656
  • Zip Code: 33616

Valuation

    Tax

  • Total Area: 2,800
  • Tax Year: 2023
  • Tax Amount: $22,698
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: TA

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 1,486,164
  • High Value: 1,721,750
  • Low Value: 1,250,578

    Market Valuation

  • Market Total Value: $1,204,820
  • Market Land Value: $777,504
  • Market Improvement Value: $427,316

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,204,820
  • Assessed Land Value: $777,504
  • Assessed Improvements Value: $427,316

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Transaction ID: 11790582571
  • Current Sale Price: $975,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020387139
  • Previous Sale Recording Date: Dec 23, 1998
  • Previous Sale Amount: $52,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FLORIDA BANK
  • Previous Mortgage Transaction Date: Dec 23, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $39,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
6 Baths
5,097 ft²
$567/ft²
$2,888,000 Apr 21, 2023
$2,888,000 Aug 21, 2023
$3,162/mo

About Southwest Tampa


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Nearby Rentals

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$2,975 /mo

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  • 2 Baths
  • 1,213 ft²
4405 W Iowa Avenue, TAMPA, FL, 33616 Listing by Kristin Kellin
Unit for rent at 6116 S 3rd Street, TAMPA, FL, 33611

$3,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,343 ft²
6116 S 3rd Street, TAMPA, FL, 33611 Listing by Stefanos August
Unit for rent at 3617 Bay Heights Way, TAMPA, FL, 33611

$3,400 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,965 ft²
3617 Bay Heights Way, TAMPA, FL, 33611 Listing by Anne Park


Frequently Asked Questions

When was property at 3902 West Elrod Avenue built and last sold?
The property at 3902 West Elrod Avenue was built in 2000 and last sold on Sep 8, 2020 for $975,000.
How much is this home worth?
The estimated value of the home located at 3902 West Elrod Avenue is $2,837,124.
What are some comparable homes to 3902 West Elrod Avenue?
Homes that are comparable to 3902 West Elrod Avenue include a house property at 4903 Yacht Club Drive, located in TAMPA, FL.

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