BEDS2
BATHS1 full
SQUARE FEET910
MLS#TB8526602
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMAC FARLANES REV MAP OF
Property Description
Welcome to 2342 W Chestnut Street-a rare dual-development opportunity on a 7,426 sq ft double lot in Tampa's desirable RMC-16 zoning district. This property consists of a single parcel with an established 900 sq ft residential home in sound structural condition, plus significant vacant land that can be developed or subdivided. Owner-occupants will appreciate the renovated home as-is, while developers and investors will see substantial profit potential: after renovation and new construction, this property can generate approximately $950,000 in combined sale value-with comparable luxury townhomes in the area currently selling for $525,000-$575,000, and renovated single-family homes commanding $360,000-$380,000. The RMC-16 zoning allows for multi-unit development without rezoning, making this an ideal project for builders seeking to maximize land utilization and ROI. Develop both properties simultaneously, renovate the existing home for immediate cash-out, or execute a phased approach-the flexibility is yours. Perfect for investors and builders looking to capture significant value in an established, accessible residential corridor with strong market demand for quality townhome construction.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.17 Acres
Roof Type: Other, Shingle
Stories: 1.0
Taxes: $3,780
Year Built: 1948
Amenities
Ninguno
None
Feature Descriptions
Appliances: None, Other
Directions: From downtown Tampa, take I-275 North toward the Busch Gardens area. Exit onto Fowler Avenue and head east. Turn north onto West Chestnut Street and continue for approximately 1.5 miles. The property is located on the east side of West Chestnut Street bet
Exterior: Block
Flood Zone Code: X
Flooring: Tile
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.17
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Seller Direct, Contact Call Center
Special Sale Provisions: None
Utilities: Electricity Available, Electricity Connected, Public, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RM-16
Listed By / Shown By
Listed By
Agency Name: REI BROKERAGE HOUSE, INC.
Agency Contact: 813-389-7881
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 1,032.41 per month $634.29 Principal & Interest $315.00 Property Tax $83.13 Homeowner's Insurance
2342 W Chestnut Street | MLS# TB8526602
This single family home located at 2342 W Chestnut Street, Tampa, FL 33607 is currently listed for sale with an asking price of $285,000. This property was built in 1948 and has 2 bedrooms and 1 full baths with 910 sq. ft. W Chestnut Street is located in the MAC FARLANES REV MAP OF subdivision. Search MAC FARLANES REV MAP OF real estate on www.realty100.com today.