Tampa 3/2 Fixer in Quiet Riverfront Community

  • $249,900
Cobia Dr, Tampa, FL 33617
  • Single Family
  • Property Type
  • 3
  • Bedrooms
  • 2.00
  • Bathrooms
  • 1,679
  • Moderate+
  • Estimated Rehab Cost
  • $390,000-$410,000 +/-
  • Estimated ARV

Overview

  • Single Family
  • Property Type
  • 3
  • Bedrooms
  • 2.00
  • Bathrooms
  • 1,679
  • Moderate+
  • Estimated Rehab Cost
  • $390,000-$410,000 +/-
  • Estimated ARV

Description

This 1,679 sq ft 3-bed, 2-bath single-family home sits on a 7,840 sq ft lot in the sought-after Del Rio / Riverbend area of Tampa. Built in 1965 with solid block construction, the property is perfect for an investor looking for a moderate rehab opportunity. Located just minutes from I-75, USF, and the Hillsborough River, it’s positioned for strong resale or rental demand.

🛠️ Rehab Scope

  • Roof: full replacement needed
  • HVAC: exterior unit ~5 years old; interior system original (needs replacement)
  • Water Heater: verify age; likely older
  • Plumbing / Electrical: both appear in good condition
  • Interior: full paint, new flooring, kitchen and bath updates recommended
  • Exterior: landscaping, fascia/soffit touch-ups, curb appeal improvements

💰 Comparable Sales

  • 4434 Bass St – 2,024 sf – $430K (renovated 4/3, pool) – $212/sf
  • 4434 Perch St – 1,558 sf – $385K (updated 5/2) – $247/sf
  • 4415 Tuna Dr – 1,354 sf$370K (turnkey 4/3) – $273/sf
  • 7110 Bonito St – 1,487 sf – $360K (renovated 4/3) – $242/sf
  • 4612 Pompano Dr – 1,334 sf – $340K (pending 3/3) – $255/sf

Based on these comps, ARV ≈ $395K–$410K+ once fully renovated, with estimated post-rehab value around $235–$245/sf.

Access: By appointment | Occupancy: Vacant / easy to show

Details

  • Price: $249,900
  • Property Size (Sq. ft.): 1,679
  • Land Area (Acres): 0.18
  • Garage: None
  • Year Built: 1965
  • Property Type: Single Family
  • Property Status: Cash Flow, Flip
  • County: Hillsborough
  • Estimated ARV: $390,000-$410,000 +/-
  • Estimated Rehab Cost: Moderate+
  • Estimated Monthly Rent: $2,200 +/-
  • Yearly Taxes: $5,459
  • HOA Monthly Cost: $0
  • Construction Type: Block
  • Pool: None

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