Listing Details for MLS # TB8363453
5706 River Terrace, Tampa, Fl 33604

Residential Property - Single Family Residence in Tampa

Listing Price: $599,000Days on Market: 2

Description of Property

"REVISED"!!!***A RARE WATERFRONT FIND ON THE HILLSBOROUGH RIVER*** 2BD - 2B Cement Block home on the beautiful scenic Hillsborough River with it's own dock. Subject boasts a oversized lot - 67.5 (waterfront) x 155 deep and Zoned SH-RS in the heart of OLD SEMINOLE HEIGHTS. CHA - plus 4 ceiling fans. New roof in 2023. Tented for Drywood in 2023 by Haskell. It has a long natural stone driveway. Owner has occupied home for 53 years with no issues and has not had any water intrusion until Helene in 2024. Subject has not been remediated and is SOLD - "AS IS" for Seller's convenience. There is no HOA or CDD. So many local happenings for you to enjoy on the water - boat parades, University of Tampa Row Team Practices, etc. Lots on the river like this one don't come by very often under $1MILLION. It is just a 5 minute boat ride to Armature Works and 10 minutes to Downtown and Harbour Island. River Terrace is a quite, peaceful neighborhood - great for long walks with your family and pets and close to Henry & Ola Park/Playground. Amazing options are available to a potential Buyer because there is minimal to no property available on the Hillsborough River. One feasible option is a "remodel" and make this home their very own. It also has the ability to add a second floor and use the existing bottom floor for a double car garage and storage. The third - appreciating the "land value" - one could demolish and start from scratch to build their dream home. Seminole Heights zoning allows for a permit to construct an ADU (Accessory Dwelling Unit) on the property. Subject can be rezoned to a PD and build 2 separate structures on this large lot. Buyer to check with the City of Tampa Zoning Department to explore all options. Subject is centrally located and just minutes to great Tampa restaurants, shopping at Hyde Park Village, SOHO, Malls, Downtown/Tampa Theater, Historic Ybor City, Convention Center, The Straz, Water Street, Amalie Arena and Raymond James Stadium and Steinbrenner Field. It is also approximately 45 minutes to Florida's Gulf of Mexico beaches and approximately 1 hour to Disney World, Sea World, Epcot, Legoland and Universal Studios. Easy access to all Interstates, Tampa International Airport, churches and hospitals. ALL offers must be accompanied by a Pre-Approval letter and POF's to close. Buyer to order, pay for and be satisfied with ALL inspections. VACANT AND EASY TO SHOW!!! PLEASE PUT CHAIN BACK TO PREVENT VEHICLES FROM TURNING AROUND ON THE NATURAL STONE DRIVEWAY!!!The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $496,292. This single family residence is listed at about 121% of the average asking price. There are 6 2 bedroom/2 bath homes between $450,000 and $750,000 currently listed for sale in this Zip code. See other listings like this one »