Off-Market~$140K Spread

1BR / 1BA Cottage — $110,000 Basis

Tampa Bay · North Tampa (33612)
Starting at $110,000

The lowest entry price on the board — a 512 sq ft cottage where the stated ARV depends on expansion. Verify the comp set before you underwrite.

About This Property

A one-bedroom, one-bath cottage of 512 sq ft, built in 1949 on a 5,800 sq ft lot in North Tampa's 33612 — the lowest basis currently on our board.

Roof is about 14 years, AC about 12. Flood zone X. Vacant at close.

Underwrite this one carefully. The source's $250,000 after-repair value is far above what a 512 sq ft one-bedroom supports as-is — it implies an addition or full redevelopment of the lot. Verify the comp set and the expansion math in the packet before you commit to the exit.

Property Details

  • Property typeSingle-family cottage
  • Bedrooms1
  • Bathrooms1
  • Living area512 sq ft
  • Year built1949
  • Lot5,800 sq ft
  • Flood zoneX
  • Street addressOn record — released to registered buyers

Condition & Scope

  • Roof~14 yrs
  • AC~12 yrs
  • Water heater15+ yrs
  • OccupancyVacant at close
  • ConditionSold as-is

Comparables

  • Source states a $250,000 after-repair value — ⚠️ it assumes expansion or redevelopment; verify the comps in the packet

Ask and we will pull county sold comps and underwrite this deal with you before you offer.

Offer Terms

  • Accepted financingCash · hard-money / private
  • Proof of fundsRequired with offer
  • Earnest moneyDue at contract signing
  • Closing costsTypically buyer-paid
  • TimelineQuick close preferred
  • Earnest money$7,500
  • Seller's target closingSeptember 28, 2026

Terms are typical for these opportunities — exact figures and title company confirmed with your offer.

How It Works

Is this property on the MLS?

No. These are off-market opportunities shared privately with our buyer network before they ever hit the open market — so you avoid bidding wars and retail competition.

Can I walk the property before I offer?

Yes — walkthroughs are by appointment. Reach out and we'll coordinate access or share a walkthrough video where one is available.

What do I need to lock it up?

A signed agreement, proof of funds, and an earnest-money deposit. Cash or hard-money / private financing moves fastest.

Do you have comps and a full numbers breakdown?

ARV and rehab figures on most listings come from the seller, and we label them that way rather than presenting them as our own analysis. Ask, and we will pull county sold comps and underwrite the deal with you before you make an offer. On some listings that work is already done.

How quickly can we close?

As fast as title allows. Quick, clean closings are preferred and often part of securing the best price.

To schedule a walkthrough or submit an offer, contact:
Stephen Tilton — FLA Private Deals
📲 407-955-2759  |  📧 StephenLifeFL@gmail.com
Unlock Address & Numbers

All figures (after-repair value, rehab estimates, rents, and spreads) are estimates provided for investor convenience and are not guaranteed. Buyers should perform their own due diligence and verify all numbers, condition, square footage, and zoning independently. Property offered for off-market sale; details subject to change or prior sale.