Listing photoTampa, FL 33605 · MLS TB8567171
"Huge CASH ONLY investment opportunity with this DOUBLE LOT in Tampa with RM-16 zoning, allowing up to FOUR dwellings!!"
4508 E 12th Ave is a 2-bedroom, 1-bath home in Tampa, Florida listed at $165,000 with 849 square feet, built in 1936. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with 1 to 2 completed projects and a 740 score puts 25% down ($41,250), we fund the $93,390 renovation estimate in draws, and the loan closes in 2 weeks. The down payment steps with experience, credit and the size of the renovation. See every hard money opportunity in Florida or our Florida hard money lending page.
From the listing. Huge CASH ONLY investment opportunity with this DOUBLE LOT in Tampa with RM-16 zoning, allowing up to FOUR dwellings!! Home is in need of major repair, more than just cosmetic improvements, and is therefore being sold strictly AS-IS. Whether you rehab the home adding an ADU and build on the second lot, OR demo the structure and build two single family homes, two duplexes, or a tri/quadplex, there have been several new homes built in the area over the last few years. This is your opportunity to reap the benefits of this up and coming neighborhood just outside of historic Ybor City, just minutes to Downtown, Channel District, and the interstate! Home is larger than what is reflected in public records.
Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.
| Item | Fix and flip: 25% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $41,250 (25%) | |
| Loan at closing | $123,750 | |
| Full renovation, rough estimate* | We fund $93,390 | |
| Total loan | $217,140 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($3,257) | |
| Appraisal | Required | |
| Estimated monthly interest | $1,764 at full draw | |
| Cash to close, rough estimate | $48,897 | |
Rough estimates at the list price of $165,000 for a 740 score and 1 completed project. This is not a commitment to lend.
*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $110 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down takes a 740 score or a deeper track record; a first flip under 720 puts 25% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
More hard money deals in Tampa All Florida opportunities Hard money lender in Florida Fix and flip loans Every live opportunity Price deals in ChatGPT with our app
Cash or hard money only"Sold As-Is. CASH or HARD MONEY LOAN ONLY."
Cash or hard money only"Sold AS-IS. Cash or hard money offers only."
Cash or hard money only"The property requires renovations and is being offered to CASH BUYERS ONLY."
Get pre-qualified in one call and write your offer with the financing already lined up.
