by RH Advisors

See Home Value
$620,000
House - Off Market

512 S 51st STREET

TAMPA, FL 33619
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1276 Sqft
$3,444
Estimated Monthly
$0
HOA / Fees
3.49%
Cap Rate

About This Property

Discover the endless potential of this tranquil riverfront property, nestled in the heart of Tampa Bay. This expansive lot, minutes away from downtown, Ybor, and S. Tampa, offers the rare combination of serenity and convenience. The existing three-bedroom home, a charming relic from the sixties has a low elevation that should be either raised or rebuilt to bring it to code to reduce the risk of flooding. Make this blank slate your waterfront dream home while building equity in a development area, perfectly located minutes from downtown with plenty of space. Imagine transforming this versatile canvas into your dream waterfront residence while simultaneously building equity in a development area. With ample space rarely found so close to the city center, the possibilities are boundless. Envision starting your day with sunrise yoga by the river or a leisurely fishing session. The city's vibrant scene is just a short 5-minute drive away, ready for exploration. As the day concludes, step out to witness the breathtaking waterfront sunset, a perfect ending to a day in your idyllic haven. Seize this opportunity to create a sanctuary where relaxation meets urban convenience in the heart of Tampa Bay.
Unit Size
1,276Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$486
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1961
Last updated: 2 months ago (Stellar MLS #T3497889)

Price History

Date / Event Date Event Price
Mar 18, 2024 No longer available -
No longer available
Jan 17, 2024 Listed by DALTON WADE INC $620,000
Listed by DALTON WADE INC
Feb 16, 2022 Sold to Alejandro Ramirez, Diana Fa... $450,000
Sold to Alejandro Ramirez, Diana Fa...
Jan 15, 2022 No longer available -
No longer available
Jan 11, 2022 Listed by DALTON WADE INC $450,000
Listed by DALTON WADE INC

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Mansion
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,836
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,676
  • Gross Building Area: 1,796
  • Building Area: 1,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,276
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNPLATTED
  • Land Acres: 0.318
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT BEG 314.5 FT W OF NE COR OF NW 1/4 OF SW 1/4 AND RUN W 130 FT S 120 FT E 130 FT AND N 120 FT TO BEG

Ownership

  • Current Owner : RAMIREZ DIANA FARIDE
  • Current Owner 2: RAMIREZ ALEJANDRO
  • Previous Owner : MICHAEL PIERI

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 013501

Zoning

  • Zoning: RDC-12

Geography

  • Assessors Map Reference: 13-A
  • Subdivision Tract Number: ZZZ
  • Parcel: 043498-0000
  • Block: 1
  • Lot: 49520
  • Meridian: SEC 22 TWN 29S RNG 19E
  • Municipality: UNICORPORATED
  • Latitude: 27.9446
  • Longitude: -82.399

    Address

  • Full Address: 512 S 51st St
  • Address - House Number: 512
  • Street Direction: S
  • Address - Street Name: 51st
  • Address - Suffix Type: St
  • State: FL
  • City Name: Tampa
  • Carrier Code: C066
  • 4-Digit Zip Code: 3702
  • Zip Code: 33619

Valuation

    Tax

  • Total Area: 1,524
  • Tax Year: 2023
  • Tax Amount: $4,788
  • Tax Rate Code Area: U

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 388,215
  • High Value: 455,564
  • Low Value: 320,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: INNOVATIVE MORTGAGE SERVICES I
  • First Open Lien Mortgage Recording Date: Feb 16, 2022
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $245,195
  • Market Land Value: $88,803
  • Market Improvement Value: $156,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,195
  • Assessed Land Value: $88,803
  • Assessed Improvements Value: $156,392

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Transaction ID: 11880049000
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 85738

    Last Sale Mortgage

  • First Mortgage Lender: INNOVATIVE MORTGAGE SERVICES I
  • First Mortgage Transaction Date: Feb 16, 2022
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
3,185 ft²
$198/ft²
$629,990 Feb 28, 2023
$629,990 Aug 24, 2023
$122/mo
Other
Loft
5 Baths
3,925 ft²
$183/ft²
$720,000 Aug 2, 2023
$720,000 Aug 31, 2023
$207/mo
Multifamily
Stu
-
1,296 ft²
$521/ft²
$675,000 Oct 26, 2023
-
$198/mo

About Greater Palm River Point


Similar Homes for Sale

Unit for sale at 5012 12th Avenue South, TAMPA, FL 33619

$675,000

  • Studio
  • 1,296 ft²
5012 12th Avenue South, TAMPA, FL 33619 Listing by ELIZABETH COLON

Nearby Rentals

Unit for rent at 3922 Cat Mint Street, TAMPA, FL, 33619

$2,150 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,663 ft²
3922 Cat Mint Street, TAMPA, FL, 33619 Listing by Ainsley Daux PA
Unit for rent at 7605 35th Avenue S, TAMPA, FL, 33619

$1,899 /mo

  • 3 Beds
  • 1 Bath
  • 950 ft²
7605 35th Avenue S #AVE, TAMPA, FL, 33619 Listing by Michael Olivera
Unit for rent at 4868 Tuscan Loon Drive, TAMPA, FL, 33619

$2,025 /mo

  • 3 Beds
  • 2 Baths
  • 1,572 ft²
4868 Tuscan Loon Drive, TAMPA, FL, 33619 Listing by Rick Barcena


Frequently Asked Questions

When was property at 512 South 51st Street built and last sold?
The property at 512 South 51st Street was built in 1961 and last sold on Feb 14, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 512 South 51st Street is $609,785.
What are some comparable homes to 512 South 51st Street?
Homes that are comparable to 512 South 51st Street include a multifamily property at 5012 12th Avenue South, a house property at 2602 South 67th Street, a other property at 725 South 51st Street.

Quantcast