INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS *Riverside Heights Gem Bordering Tampa Heights* An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk. This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance. Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, there's a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, there's a strong potential for rezoning to commercial or mixed-use. Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures. Don't miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.
For sale
Price cut: $15K (7/28)
$574,000
702 W Virginia Ave, Tampa, FL 33603
3beds
1,276sqft
Est.:
Single Family Residence
Built in 1927
0.27 Acres Lot
$-- Zestimate®
$450/sqft
$-- HOA
What's special
Detached garageExpansive yard
- 94 days
- on Zillow |
- 291 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 01:34pm
Listing Provided by:
Correy Smith 850-496-7111,
KELLER WILLIAMS SOUTH TAMPA 813-875-3700
Source: Stellar MLS,MLS#: TB8385145
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Range Hood
- Laundry: None
Features
- Ceiling Fan(s), Thermostat
- Flooring: Hardwood
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,484
- Total interior livable area: 1,276 sqft
Property
Parking
- Total spaces: 1
- Parking features: Ground Level
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Exterior features: Private Mailbox, Sidewalk, Storage
- Fencing: Chain Link,Wood
Lot
- Size: 0.27 Acres
- Dimensions: 90 x 130
- Features: Corner Lot, Level, Near Public Transit, Oversized Lot, Sidewalk
Details
- Additional structures: Storage, Workshop
- Parcel number: A1129184HA00000900001.0
- Zoning: RS-60
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Other, Wood Frame
- Foundation: Stem Wall
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: RIVERSIDE NORTH
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Tampa
Financial & listing details
- Price per square foot: $450/sqft
- Tax assessed value: $377,144
- Annual tax amount: $7,353
- Date on market: 5/20/2025
- Listing terms: Cash,Other,Private Financing Available,Special Funding
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Brick
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