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702 W VIRGINIA AVENUE TAMPA, FL 33603

Listed by: KELLER WILLIAMS SOUTH TAMPA 813-875-3700 Agent: Correy Smith 850-496-7111 correy@kw.com

update time: 05/18/2026 10:51:28

DOUBLE LOT! INVESTMENT OPPORTUNITY in RIVERSIDE HEIGHTS *Riverside Heights Gem Bordering Tampa Heights* An exceptional opportunity awaits investors with this property located at 702 W Virginia Ave in the highly desirable Riverside Heights neighborhood, bordering vibrant Tampa Heights and just moments from Armature Works and the Tampa Riverwalk. This 1,276 sqft, 3-bedroom, 1-bathroom single-family home, built in 1927, sits on a substantial 0.27-acre lot. It is being sold **as-is** for the convenience of the sellers, making it an ideal canvas for a savvy investor looking to rehab and either sell or lease out for significant returns. The property also features a detached garage, adding to its appeal. The expansive yard offers ample space for additional structures or even the construction of a completely new home. Located about 3 blocks from Hillsborough River, this property is in Flood Zone X, in which lenders do not require flood insurance. Beyond its current use, the property presents a compelling potential for rezoning. Currently zoned RS-60, there's a possibility to rezone for a duplex or even a couple of townhomes. Furthermore, given its prime location, with commercial buildings (attorney, insurance company, real estate company) on all three adjacent corners of West Virginia and North Blvd, there's a strong potential for rezoning to commercial or mixed-use. Adding to its appeal, Tampa is actively developing the *Green ARTery*, a significant 22-mile biking and walking loop, with a portion of it just a few blocks away. This major infrastructure project will enhance the desirability and accessibility of the area, making this property even more attractive for future residents or commercial ventures. Don't miss out on this versatile investment opportunity in a rapidly appreciating Tampa location.

From Downtown (Tampa, FL 33602) head north toward E Twiggs St, turn left toward E Twiggs St, turn left onto E Twiggs St, turn right at the 2nd cross street onto US-41 BUS N/N Florida Ave, turn left onto E Plymouth St, turn right onto N Blvd, destination will be on the left.

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Last Updated: 2026-05-30 08:52:41 (Data is updated at least every 12 hours). Some properties which appear for sale on this website may subsequently have sold and may no longer be available.
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  • TAMPA MILRA
  • 16001 Bella Woods Dr, Tampa, FL 33647
  • 727-324-7184

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