NOT LISTED FOR SALE

Estimated Value: $840,000 - $1,141,000

0.21 Acre
$4,962,152 Price per Acre
9,344 Sq Ft Lot

Last Sold May 08, 2024

Last sale price $1,200,000 $1,218 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,485/month

4 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • 1-minute walk to Highland Park
  • Hillsborough High School Rated A-

About This Lot

As of May 2024

Calling all Developers and Builders! Luxury Townhome site available blocks from Downtown, Armature Works, and the Riverwalk. This RM-24 lot is approved for four townhomes. Site and Foundation permits are complete and ready to go. After a long permitting process, we were able to maximize the buildable area and have the east two units not have to face the Right-a-way on Highland Avenue. The main building on site has been demolished, just the back garage is left to be removed. Property faces the beautiful storybook round-a-bout park area on Highland Avenue. Townhome comps are selling for $493 a SF down the street (2116 N Highland Ave #D, sold 2/05/24). The building permit is still in progress so a buyer would have the opportunity to redesign the current plan to suit their budget. Currently the plan is for luxury townhome with elevators and rooftop balconies (Unit A - 2,675 SF, Unit B - 2,395 SF, Unit C - 3,087 SF, Unit D - 3,159 SF, Total - 11,316 SF) A buyer could build spec and sell at top dollar or cash flow as Airbnb assets! Please see renderings of current building plans. Survey and site plan are attached. Please Call Logan Payne with Payne Free Development LLC for further information.

Last Agent to Sell the Property

Jessica Payne

FRANK ALBERT REALTY Brokerage Phone: 813-376-1641 License #3375019 Listed on: 03/14/2024

Last Buyer's Agent

Jessica Payne

FRANK ALBERT REALTY Brokerage Phone: 813-376-1641 License #3375019 Listed on: 03/14/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,098

Lot Details

  • 9,344 Sq Ft Lot
  • Lot Dimensions are 64x146
  • East Facing Home
  • Property is zoned RM-24

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Munro & Mc Intoshs Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 9
  • Assessor Parcel Number A-13-29-18-4XZ-000009-00002.0

Property Details

Property Type

Land

Est. Annual Taxes

$9,098

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9344
  • Directions to Property: Coming from Downtown Tampa to 2208 N Highland, Head North toward East Twigg street, turn Left toward East Twigg Street. Turn Left onto East twigg Street. Turn right onto US 41 North Florida avenue. Turn Left onto East Palm ave. At the traffice circle, take the first exit onto N Highland Ave. Turn left to stay on N Highland Ave.
  • Status: Sold
  • Street Direction: N
  • Ownership: Co-op
  • Escrow State: FL
  • List Office Head Office Key Nume: 214926574
  • RATIO Current Price By Calculate: 128.42
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 813-376-1641
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2208

Exterior Features

  • Direction Faces: East
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 5714286

Utilities

  • Utilities: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RM-24
  • Parcel Number: A-13-29-18-4XZ-000009-00002.0
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 64x146
  • Flood Zone Code: x
  • Lot Size Square Meters: 868

Tax Info

  • Tax Annual Amount: 9097.56
  • Tax Block: 9
  • Tax Book Number: 1-10
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 1, 2024
Sold by
Payne Free Development Llc
Bought by
2208 N Highland Ave Llc
Seller's Agent
Jessica Payne
FRANK ALBERT REALTY
Buyer's Agent
Jessica Payne
FRANK ALBERT REALTY
List Price
$15,000,000
Sold Price
$1,200,000
Premium/Discount to List
-$13,800,000
-92%
Views
22
Current Estimated Value
$1,042,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,948
Avg. Annual Appreciation
-10.36%

Purchase Details

Closed on
Jun 7, 2022
Sold by
Bcl Homes Llc
Bought by
Payne Free Development Llc

Purchase Details

Listed on
Aug 26, 2021
Closed on
Jan 28, 2022
Sold by
Rodriguez Arcadio E and Rodriguez Pura E
Bought by
Bcl Homes Llc
Seller's Agent
Steven Koleno
BEYCOME OF FLORIDA LLC
Buyer's Agent
Aleks Pavlova
SMITH & ASSOCIATES REAL ESTATE
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%

Purchase Details

Closed on
Jan 30, 2002
Sold by
Rodriguez Mercedes M
Bought by
Rodriguez Arcadio and Rodriguez Pura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1994
Sold by
Lawhead Clara H
Bought by
Rodriguez Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,811
Interest Rate
8.82%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2208 N Highland Ave Llc $1,200,000 Southern Title Services
Payne Free Development Llc $740,000 Sullivan Matthew B
Bcl Homes Llc $650,000 Majesty Title Services
Rodriguez Arcadio $71,200 --
Rodriguez Mercedes $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Pura E $256,000
Previous Owner Rodriguez Arcadio $60,000
Previous Owner Rodriguez Arcadio $112,000
Previous Owner Rodriguez Arcadio $71,200
Previous Owner Rodriguez Mercedes $32,811
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $1,200,000 -92.0% $1,218 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $15,000,000 +2207.7% $15,228 / Sq Ft
01/30/2022 01/30/22 Sold $650,000 -18.6% $660 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $799,000 -- $811 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,688 $503,225 $215,286 $287,939
2023 $9,098 $468,445 $188,375 $280,070
2022 $4,325 $261,399 $0 $0
2021 $4,268 $253,785 $0 $0
2020 $6,239 $348,513 $89,702 $258,811
2019 $6,144 $317,034 $71,762 $245,272
2018 $5,799 $307,066 $0 $0
2017 $5,254 $266,837 $0 $0
2016 $4,661 $218,789 $0 $0
2015 $4,218 $198,899 $0 $0
2014 $3,968 $187,876 $0 $0
2013 -- $148,662 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3511611

Stellar MLS

APN: A-13-29-18-4XZ-000009-00002.0