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Property Description
TAMPA HEIGHTS | GRANDFATHERED DUPLEX | RM-16 ZONING | RENOVATION OR REDEVELOPMENT OPPORTUNITY!
Unlock the potential of 413 W Amelia Avenue—a unique Tampa Heights property offering multiple paths for the next owner: RENOVATE, REIMAGINE OR REDEVELOP!
Situated on an approximately 6, 336 SF lot with verified RM-16 zoning, the property currently features an approximately 1, 710 SF, 3-bedroom / 2-bath structure with a grandfathered duplex configuration, two kitchens and two electric meters.
Investors, builders and developers can evaluate several possibilities: renovate and modernize the existing duplex, substantially reconfigure the property, or explore demolition and new construction consistent with RM-16 zoning and applicable City of Tampa development requirements. The location provides convenient access to Downtown Tampa, Armature Works, Tampa Riverwalk, Ybor City and major transportation corridors, positioning the property within Tampa's expanding urban core.
Bring your architect, contractor and vision and explore how to maximize the potential of this Tampa Heights property.
Property is offered AS-IS. Buyer to independently verify grandfathered duplex status, zoning, lot dimensions, square footage, permitted uses, density, setbacks, demolition requirements, utilities and all renovation or redevelopment possibilities with the City of Tampa and other applicable authorities. Seller and listing broker make no representation or guarantee regarding approval of any specific development plan, number of units or future use.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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