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BACK ON MARKET! Buyers fell through! Bring your highest and best! This home has attracted a lot of investors because of LOCATION! Calling all investors, flippers, and developers "” rare opportunity in the heart of Old West Tampa's Northeast Macfarlane neighborhood. This 2-bedroom, 1-bath home, originally built in 1944 and situated on a 4,791 square foot lot, is ready for a comprehensive rehab, reconstruction, or redevelopment project on a quiet, established block with surrounding renovation activity and rising comps. The existing structure is compact at approximately 829 square feet but offers remarkable upside for strategic visionaries. The property has not transacted since 1991, leaving significant equity potential once brought up to modern standards or reimagined entirely on its existing footprint. Recent market estimates reflect the neighborhood's improving fundamentals and nearby renovation momentum. With modest property taxes and a location that places it within close proximity to key West Tampa corridors, this lot sits poised for reimagination. Investors can capitalize on rising investor interest, ongoing neighborhood reinvestment, and steady increases in nearby sales prices. Whether the path is a ground-up custom build, a full demo followed by premium single-family construction, or a high-return flip after structural overhaul, the site delivers flexibility and a compelling cost basis. Nearby properties have shown increasing value and active renovation activity, underscoring the strong demand for redeveloped homes in this central Tampa market. Downtown Tampa, Westshore, Raymond James Stadium, and major employment centers are just minutes away, enhancing long-term resale and rental prospects for value-add projects. Ideal for experienced investors, developers, and builders with a vision to transform a classic West Tampa parcel into modern housing. Don't miss this chance to acquire a property with significant upside potential in an appreciating area. Submit your proposal today and unlock the value waiting to be realized.
| DAYS ON MARKET | 51 | LAST UPDATED | 1/23/2026 |
|---|---|---|---|
| TRACT | MAC FARLANES REV MAP OF ADD | YEAR BUILT | 1944 |
| COMMUNITY | 33607 - Tampa | COUNTY | Hillsborough |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | West Tampa-HB |
|---|---|
| Jr. High School | Madison-HB |
| High School | Jefferson |
| PRICE HISTORY | |
| Prior to Jan 23, '26 | $200,000 |
|---|---|
| Jan 23, '26 - Today | $220,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Refrigerator |
| AREA | 33607 - Tampa |
| CONSTRUCTION | Block |
| HEAT | Electric |
| LOT | 4792 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | MAC FARLANES REV MAP OF ADD |
| TAXES | 301 |
| UTILITIES | Cable Available |
| WATER | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Maryann Navarro, DALTON WADE INC, 888-668-8283
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 2/20/26 10:31 PM PST.
This IDX solution is (c) Diverse Solutions 2026.