2342 W Chestnut Street, Tampa, FL 33607
Local realty services provided by:CENTURY 21 Selling Paradise
Listed by: shalimar santiago
Office: rei brokerage house, inc.
MLS#:TB8526602
Source:MFRMLS
Price summary
- Price:$285,000
- Price per sq. ft.:$282.74
About this home
Welcome to 2342 W Chestnut Street—a rare dual-development opportunity on a 7,426 sq ft double lot in Tampa's desirable RMC-16 zoning district. This property consists of a single parcel with an established 900 sq ft residential home in sound structural condition, plus significant vacant land that can be developed or subdivided. Owner-occupants will appreciate the renovated home as-is, while developers and investors will see substantial profit potential: after renovation and new construction, this property can generate approximately $950,000 in combined sale value—with comparable luxury townhomes in the area currently selling for $525,000-$575,000, and renovated single-family homes commanding $360,000-$380,000. The RMC-16 zoning allows for multi-unit development without rezoning, making this an ideal project for builders seeking to maximize land utilization and ROI. Develop both properties simultaneously, renovate the existing home for immediate cash-out, or execute a phased approach—the flexibility is yours. Perfect for investors and builders looking to capture significant value in an established, accessible residential corridor with strong market demand for quality townhome construction....
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Home facts
- Year built:1948
- Listing ID #:TB8526602
- Added:10 day(s) ago
- Updated:July 17, 2026 at 02:02 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Tile
- Basement Description:Block
- Living area:910 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1948
- Building area:910 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Block
- Foundation Description:Block
- Levels:1 Story
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$285,000
- Price per sq. ft.:$282.74
- Tax amount:$3,780 (2025)
Features and amenities
- Laundry features:Laundry Room
- Amenities:Electricity Available
- Pool features:Public Pool
Parking
- Parking description:1 Car Carport
- Carport spaces:1
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