Tampa, FL – SFH 3/1 – Turnkey Rental near USF!

  • Wholesale Price: $295,000
1204 East 142nd Avenue, Tampa, FL, 33613
For Sale
Tampa, FL – SFH 3/1 – Turnkey Rental near USF!
1204 East 142nd Avenue, Tampa, FL, 33613
  • Wholesale Price: $295,000

Overview

Property ID: PP26859
  • Single Family Home
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 1,157
  • sqft
  • 1940
  • Year Built

Description

Contact Michael Ilhardt, Dispositions Manager!

mike@propertypulse.io  *  321-613-6474

Google Drive Photo/Video Link

Investorlift Link

PROPERTY SUMMARY

  • Type:  Single Family Home
  • County:  Hillsborough
  • Beds:  3
  • Baths:  1
  • Living:  1,157 sf
  • Lot:  10,890 sf
  • Year:  1940
  • Exterior:  Wood frame
  • Parking:  Driveway
  • Pool:  No
  • Utilities:  Central Water / Septic Tank
  • HOA:  No
  • Notes:  Turnkey Rental near USF College

INVESTMENT SUMMARY

  • Wholesale Price:  $295,000 cc
  • Potential ARV:  $350,000
  • Gross Margin:  $55,000
  • Potential Rent:  $2,000/month
  • Estimated Rehab:  $10,000 – $15,000

REHAB

  • Roof:  New per seller
  • HVAC:  New per seller
  • Plumbing:  No known issues
  • Electrical:  No known issues
  • Windows:  New per seller
  • Septic:  No known issues
  • Exterior:  Landscaping, Paint, Minor Curb Appeal
  • Interior:  Kitchen, Baths, Flooring – updated 3 yrs ago, may need minor touch-ups

COMPS

  • 2614 E Liberty St (3/1, 1,169 sf, 1964 year) — Sold for $300,000 (08/12/25) — Renovated
  • 11003 N 27th S (3/2, 925 sqft, 1966 year) — Sold for $275,000 (12/20/24) — Renovated

RENT COMPS

  • 10001 N 21st St (3/1, 1,208 sqft, 1961 year) — Sold for $200,000 (11/04/24) — Fully renovated

VALUE ESTIMATES

  • Zillow: $299,600 est — $2,063 rent
  • Redfin: $343,915 est — $2,327 rent
  • Realtor: $325,573 est

CLOSING & ACCESS

  • Closing:  10/06/2025 – on or before
  • EMD:  $10,000 – refundable only if no clear title
  • Escrow:  Beaman & Clark Law Firm – buyer pays all closing costs
  • Financing:  Cash/Private/Hard Money Only – no financing contingencies
  • Occupancy:  Owner Occupied- do not disturb occupants
  • POF:  Proof of Funds Required Before Access – send to mike@propertypulse.io
  • Access:  By Appointment Only – contact Michael 321-613-6474

MUST READ:

  • Buyer must verify all info; We assume NO liability
  • AS-IS Sale, No Contingencies; Due diligence before assignment
  • Assignment of contract; Purchase contract & memorandum in place
  • We are acting as principals, not as brokers; NO representation made to any party
  • DO NOT contact seller/occupants; Legal action if violated
  • NO marketing without approval; Realtors & Wholesalers – contact us directly
  • Address 1204 East 142nd Avenue, Tampa, FL, 33613
  • Zip/Postal Code 33613

Details

Updated on August 27, 2025 at 8:42 pm
  • Property ID: PP26859
  • Price: Wholesale Price: $295,000
  • Property Size: 1,157 sqft
  • Land Area: 10,890 sqft
  • Bedrooms: 3
  • Bathroom: 1
  • Year Built: 1940
  • Property Type: Single Family Home
  • Property Status: For Sale

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