South Tampa Fix & Flip Opportunity

This 864 sq ft 2-bed, 1-bath block home sits on a 6,336 sq ft lot along W Wallace Ave in South Tampa. Built in 1954, the property features a solid structure with a 2020 roof. The AC needs replacement and the water heater is over 15 years old. Delivered vacant, it offers an affordable entry point into a strong rental or flip market.

🛠️ Rehab Scope

• Replace HVAC system
• Replace water heater
• Full interior cosmetic updates (kitchen, bath, flooring, paint, fixtures)
• Exterior refresh and landscaping

🔴 Recently Sold / Pending

• 4428 W Wyoming Ave – 968 sq ft, 2/1, built 1956 → Sold $285,000 ($294/sq ft) – updated
• 4415 W Wisconsin Ave – 1,053 sq ft, 2/1, built 1956 → Sold $325,000 ($309/sq ft) – updated
• 4421 W Iowa Ave – 825 sq ft, 2/1, built 1956 → Sold $295,000 ($358/sq ft) – updated
• 4425 W Wyoming Ave – 792 sq ft, 2/1, built 1956 → Pending $285,000 ($360/sq ft) – updated

💰 ARV Estimate

Based on nearby updated comps trading between $294–$360 per sq ft, the projected ARV should be approximately $285K–$310K once fully renovated.