Property Description

Investor, renovator, or owner-occupant opportunity at 308 E. Althea Avenue! This home is not located in a designated flood zone or evacuation zone, offering an important advantage for Tampa-area buyers. With the kitchen already updated and the remaining rooms needing cosmetic repairs and modernization, the property offers excellent potential for a profitable fix-and-flip, rental investment, or personalized residence.Owner-occupants may consider an FHA 203(k) or other renovation loan, which could allow qualified buyers to finance the purchase and eligible improvements together. Income-eligible first-time buyers may also explore the City of Tampa's Dare to Own the Dream (DARE) program, currently offering qualifying buyers up to $50,000 in down-payment assistance. Buyers must meet all program requirements and obtain a reservation number before entering into a purchase contract.The home is equipped with solar panels financed at a very low interest rate, helping reduce monthly electricity costs and providing protection against rising utility rates. The outstanding solar obligation must be assumed by an approved buyer or paid in full at closing, subject to the solar agreement and lender requirements.Whether you are an investor searching for your next fix-and-flip or a buyer who wants to renovate a home to your own taste, this property presents an exciting value-add opportunity. Property is offered in its present condition. Buyers should independently verify property condition, flood and evacuation-zone designations, renovation costs, after-repair value, solar costs and savings, financing requirements, and eligibility for assistance programs.buyer to verify all info

Property Features