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$490,000 Sale Pending
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Property Description
Under contract-accepting backup offers. Yes, this is truly a gem - a rare opportunity that checks every box for homeowners, investors, and builders alike. Nestled on a spacious .3-acre corner lot, this beautifully reimagined property offers flexibility, value, and undeniable potential. This lot is big enough for 2 HOMES! Currently configured as a triplex, it features 3 bedrooms, 3 bathrooms, and a fully functioning efficiency unit - perfect for extended family, long-term tenants, or Airbnb guests. Prefer a traditional layout? It can easily be converted back into a single-family home, with a well-designed floor-plan already in place. Step inside to find thoughtful upgrades throughout, including a modern kitchen with granite countertops, soft-close shaker cabinets, and quality finishes that elevate the space. Whether you're searching for a turnkey home or a high-yield investment, this property offers the best of both worlds. But the real magic lies in the land: the oversized lot offers the potential to split the parcel and build a second home - a rare opportunity in such a prime location. Zoned residential SFR, developers and builders will immediately recognize the value. Live in one, rent or sell the other, or develop both with a projected gross value of $1.5M+. The options are endless, and the upside is clear. No HOA , no flood zone, and no CDD And when it comes to location, it doesn't get more central. You're just steps from Raymond James Stadium, home of the Tampa Bay Buccaneers and major events like Taylor Swift and Beyoncé, and minutes from Midtown, St. Joseph's Hospital, George Steinbrenner Field, Downtown Tampa, Ybor City, Armature Works, the University of Tampa, USF, HCC, the Riverwalk, and enjoy quick access to I-275 and the Veterans Expressway. Whether you're looking to live, invest, or build - this property delivers on potential, flexibility, and unmatched location. Opportunities like this are rare. Let your vision take shape right here.
Full Property Details
Full Property Details for 3806 N Matanzas Ave
General
- Price: $490,000
- Taxes: $6,174 (2024)
- Status: Pending
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8431197
- Updated: 12/18/2025
- Added to Site: 119 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Appliances: Range, Refrigerator
- Flooring: Vinyl, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
Exterior
- Exterior Features: Private Mailbox, Sidewalk
- Deck/Patio: Front Porch, Porch
- Porch/Patio/Deck: Front Porch, Porch
Parking
- Parking Features: Bath In Garage, Driveway, Off Street, Oversized
Location
- Area: 33607 - Tampa
- County: Hillsborough
- Development Name: 33607 - Tampa
- Subdivision: JOHN H. DREW'S FIRST EXTENSION
- Driving Directions: Exit Himes from i275 going north, turn right on Tampa Bay to North Matanzas and the home is corner lot on right.
School Information
- Elementary School: Tampa Bay Boluevard-HB
- Middle School: Madison-HB
- High School: Jefferson
Community
- Community Name: 33607 - Tampa
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Concrete
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,322
- Sq. Ft. Source: Public Records
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,706
- Lot Size: 13706
- Lot Dimensions: 102.9 x 103
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $6,174
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: Lot(s) 1 and 2, less the west 1.1 feet of said Lot 2, Block 43, of the John H. Drew's First Extension to North-West Tampa, according to the map or plat thereof, as recorded in the Plat Book 5, Page(s) 42 of the Public Records of Hillsborough County, Florida and the North 1/2 of vacated alley abutting on the South,
- Flood Zone Info: X
- APN: A1029184OS00004300001.0
- Property ID: A1029184OS00004300001.0
- Block/Lot/Section: 43
Listed by The Somerday Group Pl
Get Pre-Approved Today
Schools
Schools serving 3806 N Matanzas Ave
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Tampa Bay Boulevard Elementary School 3111 West Tampa Bay Boulevard, Tampa, FL 33607 | PK-5 | 0.2 mi |
Madison Middle School, Tampa, FL 4444 West Bay Vista Avenue, Tampa, FL 33611 | 6-8 | 4.9 mi |
Jefferson High School 4401 West Cypress Street, Tampa, FL 33607 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3806 N Matanzas Ave
Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$490,000
-2%
MLS
10/21/2025
Price Reduced
$499,999
-4.76%
MLS
9/24/2025
Listed
$525,000
114.29%
MLS
2/24/2020
Sold
$245,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3806 N Matanzas Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,882
11%
$339,895
1%
2024
$6,174
8%
$334,967
8%
2023
$5,714
21%
$310,714
38%
2021
$4,714
-15%
$224,697
-32%
2022
$5,520
17%
$331,233
249%
2021
$4,714
265%
$94,932
1%
2019
$1,291
3%
$94,114
2%
2018
$1,259
3%
$92,359
2%
2017
$1,220
4%
$90,459
2%
2016
$1,172
6%
$88,598
1%
2015
$1,107
8%
$87,982
1%
2014
$1,024
—
$87,284
2%
2013
$1,019
—
$85,994
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3806 N Matanzas Ave
3806 N Matanzas Avenue, Tampa, FL 33607 (MLS# TB8431197) is a Triplex property with 3 bedrooms and 0 full bathrooms. 3806 N Matanzas Avenue is currently listed for $490,000 and was received on September 24, 2025. Want to learn more about 3806 N Matanzas Avenue? Do you have questions about finding other Triplex real estate for sale in Tampa? You can browse all Tampa real estate or contact a Coldwell Banker agent to request more information.

