SOLDAUG 17, 2023
3107 S Esperanza Ave
Tampa, FL 33629
Palma Ceia
2 Beds
1 Bath
3,472 sqft
- 2 Beds
- 1 Bath
- 3,472 sqft
$1,250,000
Last Sold: Aug 17, 2023
7% below list $1.35M
$360/sqft
Est. Refi. Payment $7,522/mo*
$1,250,000
Last Sold: Aug 17, 2023
7% below list $1.35M
$360/sqft
Est. Refi. Payment $7,522/mo*
2 Beds
1 Bath
3,472 sqft
Homes for Sale Near 3107 S Esperanza Ave
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Local Information
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Description
This property is no longer available to rent or to buy. This description is from August 17, 2023
SELLER FINANCING OPTION!!! Located in the heart of Palma Ceia, Esperanza Flats features four apartment units each with a two-bedroom / one-bathroom floorplan. Currently 100% occupied, the two-story boutique building is located on a prime corner lot and includes off-street tenant parking, upgraded landscaping, and bike storage. Tenant leases are structured with one-year durations and include utility reimbursement. The property has historically maintained 100% occupancy due to its prime location and high-quality unit interiors. Completed in 2018, the current owner undertook a substantial renovation to bring the property in-line with the surrounding luxury home aesthetic. Renovations included interior and exterior upgrades that differentiate the properties and drive consistent tenant demand. While upgraded, unit interiors could be further improved and washer/ dryers can be added throughout the community as part of a value-add strategy to capture even higher rents. In addition to the renovation, Esperanza Flats has just completed a TPO reroof. Palma Ceia is amongst the most sought-after neighborhoods in the Tampa MSA. With easy access to luxury retail and dining amenities in Hyde Park Village, proximity to picturesque Bayshore Boulevard, and direct connections to downtown Tampa's demand generators. Over the last decade, Palma Ceia has transformed into an attractive retail destination filled with independent and boutique retailers lining Bay to Bay Boulevard, two blocks north of Esperanza Flats. The submarket has experienced substantial luxury condominium development, including the 182-unit Ritz Carlton project that began construction in 2021 with sales prices starting at $1.7M. To complement the project, Related Group/Ritz-Carlton has plans to add a dog park, swings and pedestrian walkway under the Expressway overpass which will be a great tenant amenity. This capital commitment adds to the billions of dollars of construction within the area spearheaded by Bill Gates and Jeff Vinik.
Home Highlights
Parking
No Info
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
$360/sqft
Listed
180+ days ago
Home Details for 3107 S Esperanza Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1 |
Dimensions and Layout Living Area: 3472 Square Feet |
Appliances & Utilities Utilities: Public, Sewer Connected, Water ConnectedAppliances: Range, RefrigeratorLaundry: Laundry Room, OutsideRefrigerator |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Window: Window TreatmentsFlooring: Tile, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Tile, Vinyl |
View No View |
Exterior Features |
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Exterior Home Features Roof: MembraneExterior: SidewalkFoundation: CrawlspaceNo Private Pool |
Parking & Garage No CarportNo GarageParking: Off Street |
Frontage Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Property Information |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family |
Building Construction Materials: Brick, Concrete, Wood FrameNot a New Construction |
Property Information Condition: CompletedParcel Number: A3429183UI00007300011.0 |
Price & Status |
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Price List Price: $1,350,000Price Per Sqft: $360/sqft |
Active Status |
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MLS Status: Sold |
Location |
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Direction & Address City: TampaCommunity: Palma Ceia Park A Resub Of Blo |
School Information Elementary School: Roosevelt-HBJr High / Middle School: Coleman-HBHigh School: Plant-HB |
Community |
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Not Senior Community |
HOA |
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Association for this Listing: Orlando RegionalNo HOA |
Lot Information |
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Lot Area: 5000 sqft |
Listing Info |
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Special Conditions: None |
Offer |
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Listing Terms: Private Financing Available |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: %Transaction Broker Commission: 0%Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Miscellaneous |
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Mls Number: O6084314Attic: Open Floorplan, Solid Surface Counters, Window Treatments |
Last check for updates: 1 day ago
Listed by Carter Collison, (407) 234-4111
COLLISON CAPITAL LLC, (407) 647-0800
Bought with: Bernard Marshall, (317) 418-2276, COLDWELL BANKER REALTY, (813) 253-2444
Originating MLS: Orlando Regional
Source: Stellar MLS / MFRMLS, MLS#O6084314
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Price History for 3107 S Esperanza Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 08/17/2023 | $1,250,000 | Sold | Stellar MLS / MFRMLS #O6084314 |
| 07/06/2023 | $1,350,000 | Pending | Stellar MLS / MFRMLS #O6084314 |
| 06/23/2023 | $1,350,000 | Listed For Sale | Stellar MLS / MFRMLS #O6084314 |
| 06/15/2023 | ListingRemoved | Stellar MLS / MFRMLS #O6084314 | |
| 02/04/2023 | $1,400,000 | Pending | Stellar MLS / MFRMLS #O6084314 |
| 01/18/2023 | $1,400,000 | Listed For Sale | Stellar MLS / MFRMLS #O6084314 |
| 01/06/1994 | $43,500 | Sold | N/A |
Property Taxes and Assessment
| Year | 2022 |
|---|---|
| Tax | $10,347 |
| Assessment | $568,476 |
Home facts updated by county records
Comparable Sales for 3107 S Esperanza Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Multi-Family Home | $1,100,000 | 10/23/23 | 1 | 1 | 3,452 | |
0.21 | Multi-Family Home | $565,000 | 09/13/23 | 3 | 2 | 1,302 | |
0.77 | Multi-Family Home | $624,000 | 06/02/23 | 4 | 2 | 2,000 | |
1.36 | Multi-Family Home | $900,000 | 05/11/23 | 4 | 4 | 3,710 | |
2.02 | Multi-Family Home | $1,000,000 | 07/06/23 | 2 | 1 | 3,000 | |
1.56 | Multi-Family Home | $615,000 | 09/19/23 | 4 | 4 | 2,578 |
Assigned Schools
These are the assigned schools for 3107 S Esperanza Ave.
- Coleman Middle School
- 6-8
- Public
- 1021 Students
8/10GreatSchools RatingParent Rating AverageWe had a wonderful experience at Coleman. We were very concerned with middle school because middle school - LOL but honestly it has far surpassed our expectations. Covid caused a lot of upheaval and many teachers left or retired but it has settled so much more. The staff an admin truly care about the kids.Other Review10mo ago - Plant High School
- 9-12
- Public
- 2477 Students
7/10GreatSchools RatingParent Rating AverageNote that the great schools is listing academic scores are from 2020 and Plant has the highest scores in the city and county in 2022.Parent Review1y ago - Roosevelt Elementary School
- PK-5
- Public
- 727 Students
10/10GreatSchools RatingParent Rating AverageIf your child is on a 504 plan the teachers won't follow it. Unless things have changed, this school was very biased and prejudiced. And it wasn't just me. All my child's friends who were black and/or had learning disabilities were dismissed. It was a stressful time. I ended up having to do 5 hours a night of reteaching to my child after I got home from work. One teacher still works there that was horrible and mean. She actually followed one of the parents to the parking lot of the YMCA to "discuss" her child as she recognized her car. The mom cursed her out. I ended up hiring an attorney it got so bad.Parent Review2y ago 
Check out schools near 3107 S Esperanza Ave.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Palma Ceia
- Trulia User
- Resident
- 1y ago
"Amazing schools, it is very safe, and beautiful friendly people’s. So many little things they do around each holiday for the kids and community. It’s up kept very well by each neighbor. "
- Trulia User
- Resident
- 2y ago
"Narrow streets and some without sidewalks. Sometimes parking is hard due to people blocking the streets."
- Trulia User
- Resident
- 2y ago
"The sidewalks, the trees, and the houses are all beautifully maintained and the people are very friendly and kind. Makes you feel like a neighborhood you imagined in the 50s. "
- Paul M.
- Resident
- 3y ago
"Generally free flowing traffic. .Lots of roads to bypass traffic if it does back up. Enough alternate routes to avoid gridlock."
- Jessie L.
- Resident
- 3y ago
"I work in Clearwater on the edge of Largo and it’s always great at anytime going to work but more than an hour on the way back in rush hour."
- Daisy
- Resident
- 4y ago
"Christmas caroling, wine nights, pot lucks, block parties with bounce houses for the kids, dog park and playground "
- Lys I.
- Resident
- 4y ago
"Safe, clean neighborhood in the heart of South Tampa. Most kids could walk to Plant High School. Close to lots of restaurants (Soho and S Dale Mabry). Dog park nearby. Side walks in many places. Brick streets. Country Club. Easy and fast commute anywhere due to main streets (Dale Mabry and MacDill) and Selmon Expressway. "
- Matt W.
- Resident
- 4y ago
"Commute for myself and wife is easy and convenient. Easy access to crosstown and rest of Tampa. Great location to any major work ares"
- Trulia User
- Resident
- 5y ago
"I've lived in the neighborhood. It's quiet, charming, safe, and close to some truly great amenities."
- Madscientist s.
- Resident
- 5y ago
"Our neighborhood truly is just that a community. We watch out for each other, we step outside to share stories and an occasional driveway drink. SKÅL!"
- PropertySister
- 10y ago
"Palma Ceia is an ideal South Tampa location. It's close to shops, bars, restaurants, yoga, spas/salons, parks and more--with little effort, you will find yourself becoming a "regular" at your favorite spots. The walkability is something that's rare to find in Tampa. The streets from Bay to Bay up to the golf course are always busy with strollers, bikes and dog walkers, and neighbors actually get to know one another."
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Homes for Rent Near 3107 S Esperanza Ave
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Off Market Homes Near 3107 S Esperanza Ave
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3107 S Esperanza Ave, Tampa, FL 33629 is a 2 bedroom, 1 bathroom, 3,472 sqft multi-family built in 1925. 3107 S Esperanza Ave is located in Palma Ceia, Tampa. This property is not currently available for sale. 3107 S Esperanza Ave was last sold on Aug 17, 2023 for $1,250,000 (7% lower than the asking price of $1,350,000). The current Trulia Estimate for 3107 S Esperanza Ave is $1,277,600.