210 W LINEBAUGH AVE Tampa, FL 33612
3 Beds
2 Baths
1,547 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,547 sqft
Price per Sqft $151
Subdivision Hamners Marjory B & W E Flo
MLS Listing ID TB8454545
Bedrooms 3
Full Baths 2
Construction Status Fixer
HOA Y/N No
Year Built 1953
Annual Tax Amount $4,596
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 62x115
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
This property isn't just a house – it's a profit engine with multiple exits. Same address, different visions, all lucrative.
OWNER OCCUPANTS:
Renovate this home YOUR way and let the detached 400+ SF structure work for you. Convert it to an ADU and generate $1,200–$1,400/mo, use it as a studio, gym, workshop, or Airbnb. Build equity through your own finishes instead of paying for someone else's choices. FHA 203(k) and Homestyle loans let you buy + renovate with one loan and one closing. Mature trees offer privacy; oversized lot gives room for gardening, play, pets, chickens, or a future pool. Live how you want while a tenant or short-term rental offsets your mortgage.
LANDLORDS:
Two rents, one property. Main house at $2,100+/mo plus ADU potential at $1,300+/mo = $40,800+/yr in income with an all-in basis under $325K. Census tract shows 95%+ absorption and only 1.1 months of inventory—this area MOVES. Separate buildings mean separate entries, utilities, and privacy with far fewer tenant conflicts. No HOA. Expect a conservative 7% cap rate with strong appreciation as nearby renovated properties close between $286K–$433K. DSCR-friendly. Excellent long-term hold.
FLIPPERS:
Straightforward renovation play. ARV approx. $375K with a targeted $60K–$80K rehab. Comps support higher: $432K (May), $342K (July), $309K range (Feb–June). Flip timeline estimated at 90–120 days. Add ADU completion to push ARV toward $450K+ as Tampa buyers pay premiums for income properties. Renovated homes average 35–83 DOM. Layout is contractor-friendly with no major load-bearing complications. A clean, efficient flip in a high-demand submarket.
THE CANVAS:
Detached 400+ SF structure = pure flexibility: income suite, workshop, office, gym, studio, or Airbnb. Large lot offers usability rarely found in Tampa at this price point. Corner-adjacent location provides visibility without heavy traffic. Landscaping needs cleanup but transforms quickly into strong curb appeal.
THE REALITY CHECK:
Property requires full renovation (roof, interior, exterior, code items). That's the opportunity: move-in-ready homes here sell for $350K–$430K. Renovate this one and capture the value spread. Investors know: the best margins come from homes retail buyers avoid.
SELLER MOTIVATION:
Work directly with owner—fast communication and flexible terms. Open to traditional purchases, seller-financing contributions, JV structures, lease-options, subject-to terms, or extended closings for renovation loans. Need 14 days? Possible. Need 90 days for a construction loan? Negotiable. Strong offers get quick answers.
LOCATION VALUE:
Seminole Heights–adjacent with visible ongoing investment. Minutes to USF, downtown (15 min), Tampa International Airport (20 min), and I-275. Public water/sewer. Flood Zone X (low risk). This is not “up-and-coming”—the growth is already here.
YOUR MOVE:
Tour the property, bring your contractor, and run your numbers. Whether you're creating your own home, building a rental portfolio, or executing a flip, this property delivers multiple profitable paths. Creative offers welcome.
Sold AS-IS. Buyer responsible for inspections, due diligence, and code remediation.
Location
State FL
County Hillsborough
Community Hamners Marjory B & W E Flo
Area 33612 - Tampa / Forest Hills
Zoning RS-60
Rooms
Other Rooms Attic, Bonus Room, Inside Utility
Interior
Interior Features Split Bedroom
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile, Vinyl
Furnishings Unfurnished
Fireplace false
Appliance None
Laundry Laundry Closet
Exterior
Exterior Feature Sidewalk
Fence Chain Link, Fenced, Wood
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
View City
Roof Type Shingle
Porch Covered
Garage false
Private Pool No
Building
Lot Description City Limits, Level, Near Public Transit, Sidewalk, Paved
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Structure Type Brick,Metal Siding,Stucco,Frame
New Construction false
Construction Status Fixer
Schools
Elementary Schools Forest Hills-Hb
Middle Schools Memorial-Hb
High Schools Chamberlain-Hb
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Trade, FHA, Lease Option, Lease Purchase, Owner Financing, VA Loan
Listing Terms Cash, Conventional, Trade, FHA, Lease Option, Lease Purchase, Owner Financing, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8454545
