501 E SPARKMAN AVENUE, Tampa, FL 33602

• 3 beds |
• 2 baths |
• 1,350 sqft

Property Description

Welcome to this historic Tampa Heights gem, perfectly situated on a premier corner lot in Flood Zone X that beautifully blends historic character with modern comfort. Offering immediate rental cash flow with all brand-new appliances included, the existing home is ideal to lease out while you secure your building permits. For builders and investors, this parcel features rare RM-24 zoning and highly flexible rear-alley access, unlocking the potential to construct three to four new townhomes. The owner has already jumpstarted the development process—saving you immense time and money—by including a boundary survey, tree survey, and complete architectural plans for 2-unit, 3-unit, and 4-unit three-story townhome configurations, alongside existing CA approvals.Beyond its incredible investment upside, this property offers an unmatched, walkable urban lifestyle. You are just minutes from Armature Works, the Tampa Riverwalk, Downtown Tampa, Water Street, Ybor City, and the University of Tampa. This highly connected neighborhood is poised for major appreciation, sitting steps from the upcoming Robles Park developments, a brand-new YMCA, and a planned streetcar extension. Commutes are effortless with quick access to major transit lines, Hyde Park Village, and Tampa International Airport, while pristine gulf beaches are just a 30-minute drive away. Please note that one or more photos have been virtually staged to showcase the lot's potential (grass)

Listing Status:

Active

Date Added:

June 4, 2026

Data Last Updated:

June 7, 2026 at 3:21AM

Listing Office:

NETWORK REAL ESTATE GROUP : 941-322-7355

Listing Agent:

McKenzie Blankenship : 813-777-6241

MLS ID:

TB8515904

Interior

• General: Ceiling Fans(s)Living Room/Dining Room ComboOpen FloorplanPrimaryBedroom UpstairsThermostat
• Appliances: Convection OvenDryerElectric Water HeaterMicrowaveRangeWasher
• Laundry: Laundry ClosetLaundry Room
• Flooring: Ceramic TileVinyl
• A/C: Central Air
• Heating: Central

Exterior

• General: Awning(s)

Construction

• Roofing: Shingle
• General: FrameTwoSlab

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Hillsborough

Lot

• Zoning: RM-24CAMPBELL'S LOT 5 BLOCK 3A-13-29-18-4XD-000003-00005.0

Utilities

• Utilities: BB/HS Internet AvailableCable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple