Tampa Bay Bungalow

Tampa Bay Bungalow
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Active 2BR / 2BA Bungalow

Tampa Bay Bungalow

Tampa, FL

A charming character bungalow in the red-hot Seminole Heights neighborhood of Tampa. At a lower price point, this 1,200 sq ft home offers outsized ROI potential through a targeted cosmetic refresh that preserves its original charm while modernizing the interior.

$215,000Purchase Price
$65,000Reno Budget
$340,000Projected ARV
31%Target ROI
6–8 MonthsTimeline
$35,000Min. Investment
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Deal Pitch Deck

Acquisition Strategy

Identified through our proprietary deal-sourcing algorithm that flagged this property as significantly underpriced relative to neighborhood comps. We moved quickly with a cash offer and closed within 10 days, beating out two competing bids.

Renovation Scope

Cosmetic renovation preserving bungalow character with modern updates: new kitchen with white shaker cabinets, quartz counters, and open shelving. Both bathrooms refreshed with modern tile and fixtures. Refinished original wood floors, fresh paint, updated electrical and lighting, new impact-rated windows, and charming front porch restoration.

Market Analysis

Seminole Heights has averaged 15% annual appreciation over the past three years. Updated bungalows are selling in the $320K–$360K range, often with multiple offers within the first weekend. Our $340K ARV is well-supported by recent comps.

Financial Projections

Purchase Price$215,000
Renovation Budget$65,000
Holding Costs$11,000
Total Investment$291,000
Projected Sale Price$340,000
Net Profit (est.)$49,000
Target ROI31%
Hold Period6–8 months

Property Specifications

1,200Square Feet
2BR / 2BABed / Bath
1952Year Built
5,600 sq ftLot Size

Interested in This Opportunity?

Contact our team to receive the full investment memorandum and discuss how this deal fits into your portfolio.

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For accredited investors only. All investments involve risk, including the potential loss of principal.