UPDATED:
02/11/2025 05:29 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,568 sqft
Price per Sqft $232
Subdivision Rio Visa
MLS Listing ID TB8347765
Bedrooms 3
Full Baths 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1958
Annual Tax Amount $1,380
Lot Size 0.280 Acres
Acres 0.28
Property Description
Currently, the existing Concrete structure offers two distinct living spaces. The first floor features 2 bedrooms plus a bonus room and 1 bathroom. The second floor, accessible via a separate entrance above the garage, includes 1 bedroom, a bathroom, and a kitchen. This configuration totals 3 bedrooms and 2 bathrooms which needs complete renovation.
While each unit has its own separate water heater, electric meter, and water meter, offering the potential for individual utility management, the property is being sold for its land value and potential for new construction. A less-than-5-year-old roof offers some existing value. Please note: The property requires a new air conditioning system and experienced minor flooding in the Florida room, where remediation has been completed.
Located in a flood zone, the property also includes a parking slab. This highly sought-after neighborhood is experiencing a surge in new construction and rising property values. A recent comparable sale in 2024 saw a new home in the area fetch $1,200,000, underscoring the potential of this location. Don't miss this rare chance to capitalize on a prime development opportunity! Schedule your showing today!
Location
State FL
County Pinellas
Community Rio Visa
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo
Heating Central
Cooling Central Air, Mini-Split Unit(s)
Flooring Terrazzo
Fireplace true
Appliance None
Laundry In Garage
Exterior
Exterior Feature Outdoor Kitchen, Sidewalk
Garage Spaces 2.0
Utilities Available Electricity Connected
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Schools
Elementary Schools Sawgrass Lake Elementary-Pn
Middle Schools Meadowlawn Middle-Pn
High Schools Northeast High-Pn
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8347765
