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$595,000 Just Listed
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Property Description
Welcome to this historic Tampa Heights gem, perfectly situated on a premier corner lot in Flood Zone X that beautifully blends historic character with modern comfort. Offering immediate rental cash flow with all brand-new appliances included, the existing home is ideal to lease out while you secure your building permits. For builders and investors, this parcel features rare RM-24 zoning and highly flexible rear-alley access, unlocking the potential to construct three to four new townhomes. The owner has already jumpstarted the development process-saving you immense time and money-by including a boundary survey, tree survey, and complete architectural plans for 2-unit, 3-unit, and 4-unit three-story townhome configurations, alongside existing CA approvals.Beyond its incredible investment upside, this property offers an unmatched, walkable urban lifestyle. You are just minutes from Armature Works, the Tampa Riverwalk, Downtown Tampa, Water Street, Ybor City, and the University of Tampa. This highly connected neighborhood is poised for major appreciation, sitting steps from the upcoming Robles Park developments, a brand-new YMCA, and a planned streetcar extension. Commutes are effortless with quick access to major transit lines, Hyde Park Village, and Tampa International Airport, while pristine gulf beaches are just a 30-minute drive away. Please note that one or more photos have been virtually staged to showcase the lot's potential (grass)
Full Property Details
Full Property Details for 501 E Sparkman Ave
General
- Price: $595,000
- Taxes: $7,431 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8515904
- Updated: 6/5/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Thermostat
- Appliances: Convection Oven, Dryer, Electric Water Heater, Microwave, Range, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Closet, Laundry Room
Exterior
- Exterior Features: Awning(s)
Location
- Area: 33602 - Tampa
- County: Hillsborough
- Development Name: 33602 - Tampa
- Subdivision: CAMPBELLS
- Driving Directions: From I-275, take Exit 45A towards Downtown. Turn north on N Tampa St, then east on E Palm Ave. Take a left on N Central Ave and a right on E Sparkman Ave. The property is the corner lot with the house.
- Direction Faces: North
School Information
- Elementary School: Graham-HB
- Middle School: Stewart-HB
- High School: Hillsborough-HB
Community
- Community Name: 33602 - Tampa
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 1,350
- Sq. Ft. Source: Owner
- Year Built: 1994
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,814
- Lot Size: 5814
- Street/Road Desc.: Asphalt
Financial Considerations
- Assoc Fee Desc.: None
- Tax Amount: $7,431
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CAMPBELL'S LOT 5 BLOCK 3
- Flood Zone Info: X
- APN: A1329184XD00000300005.0
- Property ID: A1329184XD00000300005.0
- Block/Lot/Section: 3
Listed by Network Real Estate Group
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Schools
Schools serving 501 E Sparkman Ave
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Graham Elementary School, Tampa, FL 2915 North Massachusetts Avenue, Tampa, FL 33602 | K-5 | 0.7 mi |
Stewart Middle Magnet School 1125 West Spruce Street, Tampa, FL 33607 | 6-8 | 1.1 mi |
Hillsborough High School 5000 North Central Avenue, Tampa, FL 33603 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 E Sparkman Ave
Date
Details
Price
Change
Source
6/04/2026
Listed
$595,000
27.96%
MLS
3/24/2022
Sold
$465,000
—
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 501 E Sparkman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,431
4%
$369,206
—
2024
$7,136
6%
$369,206
7%
2023
$6,736
66%
$345,419
52%
2021
$4,064
-14%
$227,953
-29%
2022
$4,736
17%
$318,898
71%
2021
$4,064
22%
$186,698
19%
2019
$3,319
7%
$156,566
-4%
2018
$3,114
11%
$162,786
18%
2017
$2,799
13%
$138,120
17%
2016
$2,480
18%
$117,631
22%
2015
$2,095
8%
$96,142
-4%
2014
$1,946
13%
$100,306
26%
2013
$1,716
—
$79,456
—
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 501 E Sparkman Ave
501 E Sparkman Avenue, Tampa, FL 33602 (MLS# TB8515904) is a Single Family property with 3 bedrooms and 2 full bathrooms. 501 E Sparkman Avenue is currently listed for $595,000 and was received on June 04, 2026. Want to learn more about 501 E Sparkman 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.

