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Located in V. M. Ybor, one of Ybor City’s primed communities within Tampa’s Urban Core, this 2-bedroom, 1-bath Folk Victorian-style home presents a unique opportunity for investors and renovators alike.
Set on a lot with 121 feet of depth, the property benefits from rear alley access, a valuable feature that adds flexibility and long-term potential. Internally, the home is ready for a full redesign and has remained largely unrenovated over the past 14 years. Existing improvements include updated electrical and gas service, fresh interior white paint, and newer light fixtures and ceiling fans in the living and dining areas.
A renovation will likely include updates to the kitchen, bathroom, windows, flooring, roof, and the addition of a central HVAC system. For the right buyer, the opportunity lies in both the location and the upside.
The property is also recognized as a contributing structure within the Ybor City Historic District. Buyers planning exterior improvements should consult with the Historic Preservation Commission to ensure proposed changes meet local design guidelines. Many exterior improvements can be approved administratively when designed within established guideline parameters.
V. M. Ybor is an award-winning neighborhood recognized for its civic engagement and community activism, helping drive major infrastructure improvements including the Columbus Drive and 14th Street redesigns. The property also offers convenient access to major Tampa destinations such as Armature Works, Tampa Riverwalk, Historic Ybor City, and the soon-to-be completed Gasworx development.
Whether continued as a long-term rental investment or transformed into a future primary residence, this property offers strong potential in one of Tampa’s evolving historic neighborhoods. Schedule your showing today.
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $176,000 | $176,000 | $176,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $137 | $137 | $137 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,084 | $1,111 | $1,462 |
| Total Monthly Payment | $1,296 | $1,323 | $1,674 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.