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About this home
1112 W Waters Ave is a home in Wilma, Tampa. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Prime Commercial Development Opportunity on W. Waters Avenue Excellent opportunity to acquire a commercially zoned CG lot totaling approximately one-third of an acre along W. Waters Avenue. This property offers outstanding visibility and exposure on a major roadway surrounded by established commercial and retail businesses, with convenient access to nearby medical facilities and hospitals. The owner previously began construction on a proposed 8,500-square-foot, two-story office building. Building plans are available, although the existing permit has expired. A new owner may have the opportunity to utilize the existing plans and continue the project, subject to applicable permitting and approval requirements. Alternatively, the seller is willing to demolish the existing structure, allowing the next owner to explore other development possibilities.This is a unique opportunity for investors, developers, or business owners looking to capitalize on a prime commercial location and potentially acquire an existing building project at a reduced price. With excellent road visibility, surrounding commercial activity, and proximity to major medical facilities, this property offers exciting potential for future commercial development.
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$490,000
Time on market
Listed today
Monthly payment
About $3,145/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,131 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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