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$490,000 Sale Pending
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Property Description
Under contract-accepting backup offers. This is easily one of the best deals in Tampa, a rare opportunity to own a CORNER DOUBLE LOT just steps from Raymond James Stadium, offering incredible flexibility, income potential, and long-term value. Currently configured with a private MIL suite and an additional efficiency unit, the property remains zoned Single Family Residential and can be easily converted back to a traditional SFR layout. Inside, you'll find tasteful upgrades throughout, including granite countertops, soft-close shaker cabinets, and a smart layout, plus a brand-new A/C and water heater installed in 2023. With 2 driveways and a generous 0.3-acre lot, the possibilities here are endless: split the lot and build two new homes with a projected resale value of up to $1.8M, develop a multifamily property, or simply enjoy the space as-is while generating income through long-term or Airbnb rentals. There is no HOA, no CDD, and no flood zone. This central location offers unbeatable access to Raymond James Stadium, Midtown, Downtown, Armature Works, Ybor City, St. Joseph's Hospital, USF, UT, and major highways. Garage conversion and third bathroom may not be reflected in county records; efficiency not pictured. Whether you're looking to live, invest, or build, this property is a true value play with million-dollar potential. Opportunities like this don't come often. Act fast.
Full Property Details
Full Property Details for 3806 N Matanzas Ave
General
- Price: $490,000
- Taxes: $6,174 (2024)
- Status: Pending
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8434128
- Updated: 12/2/2025
- Added to Site: 111 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Appliances: Microwave, Range
- Flooring: Vinyl, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full 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, Converted 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.
- Direction Faces: Northeast
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
- 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
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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
10/02/2025
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# TB8434128) is a Single Family property with 3 bedrooms and 3 full bathrooms. 3806 N Matanzas Avenue is currently listed for $490,000 and was received on October 02, 2025. Want to learn more about 3806 N Matanzas Avenue? Do you have questions about finding other Single Family real estate for sale in Tampa? You can browse all Tampa real estate or contact a Coldwell Banker agent to request more information.

