Address
501 E Sparkman Avenue, TAMPA, FL
Price
$ 595,000
Property Attributes
  • MLS#TB8515904
  • TypeSingle Family
  • Listing Status Active
  • CountyHillsborough
  • CityTAMPA
  • AreaTampa
  • NeighborhoodCAMPBELLS
  • Zip33602
  • StyleSingle Family Residence
  • Year Built1994
  • Taxes$ 7431
  • Price$ 595,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1350
  • Lot Size0.13 Acres
Data Source:
Stellar MLS
Property Description

Welcome to this historic Tampa Heights gem, perfectly situated on a premier corner lot in Flood Zone X that beautifully blends historic character with modern comfort. Offering immediate rental cash flow with all brand-new appliances included, the existing home is ideal to lease out while you secure your building permits. For builders and investors, this parcel features rare RM-24 zoning and highly flexible rear-alley access, unlocking the potential to construct three to four new townhomes. The owner has already jumpstarted the development process—saving you immense time and money—by including a boundary survey, tree survey, and complete architectural plans for 2-unit, 3-unit, and 4-unit three-story townhome configurations, alongside existing CA approvals.Beyond its incredible investment upside, this property offers an unmatched, walkable urban lifestyle. You are just minutes from Armature Works, the Tampa Riverwalk, Downtown Tampa, Water Street, Ybor City, and the University of Tampa. This highly connected neighborhood is poised for major appreciation, sitting steps from the upcoming Robles Park developments, a brand-new YMCA, and a planned streetcar extension. Commutes are effortless with quick access to major transit lines, Hyde Park Village, and Tampa International Airport, while pristine gulf beaches are just a 30-minute drive away. Please note that one or more photos have been virtually staged to showcase the lot's potential (grass)

Elementary School Middle School High School
Graham-HB Elementary School Stewart-HB Middle School Hillsborough-HB High School
Price History
6/5/2026 Listed $595,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available,Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Sewer Available,Sewer Connected,Water Available,Water Connected
Roof Shingle
Appliances Convection Oven,Dryer,Electric Water Heater,Microwave,Range,Washer
Zoning RM-24
Construction Materials Wood Frame
Year Built 1994
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Hillsborough
New Construction false
Property Type Residential
Subdivision Name CAMPBELLS
Facing Direction North
Garage Y/N false
Total Rooms 5
Full Baths 2
Status Active
Directions From I-275, take Exit 45A towards Downtown. Turn north on N Tampa St, then east on E Palm Ave. Take a left on N Central Ave and a right on E Sparkman Ave. The property is the corner lot with the house.
High School Hillsborough-HB
City TAMPA
Senior Community Y/N false
MLS Area 33602 - Tampa
Lot Size Units Square Feet
Lot Size Square Feet 5814
Carport Y/N false
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Graham-HB
Land Lease Y/N false
Tax Annual Amount 7431
Middle/Junior High School Stewart-HB
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8515904
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 5
Legal Description CAMPBELL'S LOT 5 BLOCK 3
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes
DockY/N false

Interior Features

Interior Amenities Ceiling Fan(s),Living Room/Dining Room Combo,Open Floorplan,PrimaryBedroom Upstairs,Thermostat
Flooring Ceramic Tile,Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet,Laundry Room
Total Bedrooms 3
LivingAreaSource Owner
Total Baths 2

Exterior Features

Exterior Amenities Awning(s)
Water Source Public
Lot Size Area 5814
Foundation Details Slab
Building Area Total 1500
Lot Size Acres 0.13
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33602

Price
AVG $1.33M
$600K
Taxes
AVG $6,400
$7,431
Year Built
AVG 1975
1994

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