Score
0Tampa, FL
2216 E 3rd Ave
284K
2 beds
2 baths
936 sqft
2 bd • 2 ba • 936 sf
This analysis was generated on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$284,000
Price/Sq.Ft
$303
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• The property is located in Tampa, offering access to a growing job market, cultural attractions, and recreational opportunities.
• The 2-bedroom, 2-bathroom layout is suitable for individuals, couples, or small families. This configuration aligns with the needs of many renters in the Tampa market, as evidenced by the average 2-bedroom rental rate of $1,659 per month.
• The listed price of $284,000 may be attractive to first-time homebuyers or investors seeking affordable properties. However, further analysis is needed to determine if it's competitively priced.
• The property's square footage (936 sq ft) is manageable and may result in lower utility costs compared to larger homes. It's also easier to maintain.
The Bad
• The unknown build year is a significant drawback. It makes it difficult to assess the property's condition and potential maintenance needs. Newer homes in Tampa (built in the last 5-10 years) often command a premium due to updated building codes and features.
• The lack of property details (description, features, room details, utilities) makes it challenging to evaluate its true value. Comparatively, most listings include detailed descriptions and photos.
• The price per square foot ($303.42) is slightly above the median for similar properties in some Tampa neighborhoods, but without knowing the specific location and condition, it's hard to determine if it's justified. The median price per square foot in Tampa hovers around $275-$300.
• The absence of utility information is concerning. Potential buyers should investigate the age and condition of the HVAC system, plumbing, and electrical wiring. Replacing these systems can be costly.
The Ugly
• Without knowing the build year, there is a risk of significant deferred maintenance and potential structural issues. Older homes in Tampa are prone to termite damage, foundation problems, and outdated electrical systems.
• The lack of property features and details raises concerns about its overall condition and appeal. A poorly maintained property can be difficult to sell or rent.
• The property's location within Tampa needs to be carefully evaluated. Some neighborhoods may have higher crime rates or lower school ratings, which can impact property values. Check crime statistics and school ratings for the specific area.
• With median income at $28,219, affordability is a concern for a large portion of Tampa residents. If the property needs significant repairs, it may be difficult to find qualified tenants or buyers.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Buyers seeking a centrally-located property with easy access to downtown Tampa and major transportation arteries. The proximity to amenities and job centers is ideal for those prioritizing convenience.
• Investors interested in rental income potential. The property's 2-bedroom layout aligns with the average 2-bedroom rental rate of $1,659/month in Tampa (as of 2023 data), offering a potential return on investment.
• Individuals or couples looking for a compact home with a manageable yard. The 936 sq ft size is suitable for those seeking a low-maintenance property.
• Buyers comfortable with older homes and potential renovation projects. The unknown build year suggests the property may benefit from updates and modernization.
Not For
• Buyers requiring a large home or multiple bedrooms. The 2-bedroom layout and 936 sq ft size may be insufficient for families or those needing extra space.
• Individuals seeking a new or recently renovated property. The unknown build year suggests the property may require significant updates.
• Buyers with limited budgets for maintenance and repairs. Older homes often come with higher maintenance costs.
• Those sensitive to potential flood risks. Tampa is prone to flooding, and this property's flood zone status is unknown.
Demographics
Area Median Income
$28,219
Property History
Price History
Ownership Timeline
$0Cash Purchase
Jan 25, 2023Yanina Fabiola Salas GutierrezYanina Fabiola Salas Gutierrez, Erik Damon Toth
Intrafamily Transfer
Non-Arm's Length Transactions
$135,000Financed
Apr 28, 2017Jorge Gonzalez FriasYanina Fabiola Salas Gutierrez
Warranty Deed
Standard Sale (Purchase/Resales)
$100,000Cash Purchase
Mar 25, 2016Eyda Miller, New Century Mortgage CorporationDeutsche Bank National Trust Company, New Century Home Equity Loan Trust
Foreclosure
Foreclosure
$1,000Cash Purchase
Nov 26, 2013Angela L Welch EspositoCdc Capital Investments Llc
Quit Claim Deed
Non-Arm's Length Transactions
$159,000Financed
May 18, 2005Michael J MulliganEyda Miller
Warranty Deed
Standard Sale (Purchase/Resales)
$114,000Financed
Jul 7, 2004Erika Anderson, The Kitchen Store IncMichael J Mulligan
Corporation Deed
Standard Sale (Purchase/Resales)
$45,000Financed
Jan 1, 1970Resurgence IncThe Kitchen Store Inc
Warranty Deed
Standard Sale (Purchase/Resales)
$26,500Cash Purchase
Jan 1, 1970Peter A MarcheseResurgence Inc
Warranty Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Financials
Monthly Costs
Market Rent (2 bed)
Get a detailed estimate on Zillow$1,659
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$284,000
Price/sqft
$303
Layout
2 bd•2 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$217,000
30.9%
Your price is 30.9% above average
Median Price
$210,000
35.2%
Based on 6 recent sales
Price per Sq.Ft
$226
34.3%
Your price is 34.3% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 2616 E 12TH AVENUE, TAMPA, FL 33605 | $370,000 | 1,040 | 3 | 2 | $35617.3% | 9/24/2024 |
| 1009 E COLUMBUS DRIVE, TAMPA, FL 33605 | $200,000 | 1,097 | 3 | 2 | $18239.9% | 9/27/2024 |
| 2404 CORRINE STREET #1/2, TAMPA, FL 33605 | $210,000 | 1,028 | 2 | 1 | $20432.7% | 1/10/2025 |
| 1810 E PALM AVENUE #7305, TAMPA, FL 33605 | $192,000 | 867 | 1 | 1 | $22127.0% | 12/12/2024 |
| 3010 THELMA STREET, TAMPA, FL 33605 | $110,000 | 792 | 2 | 1 | $13954.2% | 12/9/2024 |
| 1910 E PALM AVENUE #12303, TAMPA, FL 33605 | $220,000 | 867 | 2 | 1 | $25416.4% | 11/7/2024 |
2616 E 12TH AVENUE, TAMPA, FL 33605
Price: $370,000
Sq.Ft: 1,040
Beds/Baths: 3/2
$/Sq.Ft:
$35617.3%
Sale Date: 9/24/2024
1009 E COLUMBUS DRIVE, TAMPA, FL 33605
Price: $200,000
Sq.Ft: 1,097
Beds/Baths: 3/2
$/Sq.Ft:
$18239.9%
Sale Date: 9/27/2024
2404 CORRINE STREET #1/2, TAMPA, FL 33605
Price: $210,000
Sq.Ft: 1,028
Beds/Baths: 2/1
$/Sq.Ft:
$20432.7%
Sale Date: 1/10/2025
1810 E PALM AVENUE #7305, TAMPA, FL 33605
Price: $192,000
Sq.Ft: 867
Beds/Baths: 1/1
$/Sq.Ft:
$22127.0%
Sale Date: 12/12/2024
3010 THELMA STREET, TAMPA, FL 33605
Price: $110,000
Sq.Ft: 792
Beds/Baths: 2/1
$/Sq.Ft:
$13954.2%
Sale Date: 12/9/2024
1910 E PALM AVENUE #12303, TAMPA, FL 33605
Price: $220,000
Sq.Ft: 867
Beds/Baths: 2/1
$/Sq.Ft:
$25416.4%
Sale Date: 11/7/2024
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