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Sunset Park is a beautiful neighborhood in South Tampa with around 3500 residents according to Wikipedia and several million dollar homes.
If you’re thinking of selling your property in Sunset Park, you might want to factor in land value before you spend money on repairs and updates to an older, smaller home.
No one wants to spend $50,000 or $100,000 on updates on a property if 70-90% of the value is in the land… at the least, you might be investing in a lot of hassle… at the worst, you might be spending more money than you might ever get back from the sale of the property.
With that in mind, I’ve researched some recent sales of lots and teardowns that might make it easier to determine if it would be profitable to restore and update your house… or just sell it to a South Tampa Builder.
05/28/2020
5009 W LONGFELLOW AVE
SUNSET PARK
RS-75
60×133/Rectangle
Single Lot
$550,000
02/21/2020
4601 W LAMB AVE
SUNSET PARK
RS-75
85×130/Rectangle
Single Lot
$450,000
02/07/2020
3306 S OMAR AVE
BEL MAR REVISED ISLAND UNIT
RS-75
60×120/Rectangle
Single Lot
$425,000
09/17/2019
4814 W SAN JOSE ST
SUNSET PARK
RS-75
75×135/Rectangle
Single Lot
$480,000
06/28/2019
2122 S CORTEZ AVE
SILVAN SUBDIVISION
RS-75
77×135/Rectangle
Single Lot
$390,000
Are you are curious about how much your property in Sunset Park might sell to a South Tampa Builder? Why don’t you give me a call at 813-784-4199?
My name is Robert Wilson, and I’m the Director of Dirt at South Tampa Teardowns and EXIT Bayshore Realty. I’m happy to offer a free consultation, or quickly get you an offer where you won’t have to worry about commissions, repairs, or closing costs.
If your property is over 30, 40 or 50 years old… you might put more money in your pocket with an offer from one of our builder partners.
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