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Lauren McPherson

lauren@thepcrealtor.com +1(386) 793-5112

$ 69,900

Est. payment -/mo

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4851 W GANDY BLVD #B1L24 Tampa, FL 33611

2 Beds

1 Bath

864 SqFt

UPDATED:

03/10/2025 06:27 AM

Key Details

Property Type Mobile Home

Sub Type Mobile Home - Pre 1976

Listing Status Active

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $80

Subdivision Regency Cove A Cooperative

MLS Listing ID TB8356545

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Fees $301/mo

HOA Y/N Yes

Originating Board Stellar MLS

Annual Recurring Fee 3612.0

Year Built 1959

Annual Tax Amount $1,229

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Mobile Home - Pre 1976

Property Description

Welcome to Regency Cove, a peaceful, gated 55+ community nestled along the serene waters of the Bay in the heart of South Tampa. This highly sought-after neighborhood offers the best of both worlds—quiet living with easy access to everything you need. Conveniently located, you'll be just a short drive from major expressways, the beaches, the airport, and the vibrant downtown area, providing an ideal balance between a tranquil retreat and access to the excitement of the city. Regency Cove is much more than just a place to live; it's a lifestyle. The community is meticulously maintained, offering a variety of amenities designed to enhance your quality of life. Whether you're looking to stay active, relax, or socialize, you'll find something for everyone here. The heated pool is perfect for year-round swimming and relaxing under the sun, while the pavilions provide ideal spots for gathering with friends and neighbors, enjoying outdoor meals, or simply soaking in the peaceful surroundings. For water enthusiasts, the kayak launch offers easy access to the Bay, perfect for kayaking, fishing, or enjoying nature. Additionally, residents enjoy the fun and social atmosphere provided by the shuffleboard court. Staying fit and healthy is easy with access to a fully equipped gym and a variety of fitness classes for all levels. The community also offers RV and boat parking, a rare and valuable amenity that makes it perfect for those who enjoy traveling or spending time on the water. Beyond these amenities, Regency Cove hosts a variety of organized events and social clubs, offering ample opportunities for residents to get involved and build lasting friendships with the wonderful, friendly community. One of the standout features of this community is that it operates as a resident-owned cooperative, meaning there are no lot rental fees. This unique arrangement provides financial stability and autonomy to homeowners. As part of the cooperative, you not only own your home but also share ownership in the entire community, ensuring that decisions are made collectively by the residents. This fosters a strong sense of community and helps keep living costs lower compared to traditional rental-based neighborhoods. This home offers an excellent value-add investment opportunity. Priced substantially below market value, it presents a perfect chance to purchase a property in a highly desirable community and add significant value through renovation. The property has some deferred maintenance—the primary challenge here—but that also means there's incredible potential for the savvy buyer who's willing to roll up their sleeves and update the home. The home could benefit from modernizing various aspects, including new flooring, a fresh coat of paint, and an updated kitchen with new cabinets, appliances, and countertops. Windows could be replaced to improve energy efficiency, and a new roof would address exterior needs while providing peace of mind. While the home did experience minimal water intrusion during Hurricane Milton, the property itself has held up well. Once renovated, homes of similar square footage in this community are selling for twice the current listing price, making this a high-return investment opportunity. Whether you're looking to make this your primary residence or use it as a rental property, you could see a significant return once the updates are completed.

Location

State FL

County Hillsborough

Community Regency Cove A Cooperative

Zoning PD

Interior

Interior Features Living Room/Dining Room Combo

Heating Central, Electric

Cooling Central Air

Flooring Laminate

Fireplace false

Appliance None

Laundry Inside

Exterior

Exterior Feature Awning(s)

Pool Gunite, In Ground

Community Features Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - No Guard, Golf Carts OK, Pool

Utilities Available Cable Available

Amenities Available Clubhouse, Fitness Center, Gated, Maintenance, Pool, Shuffleboard Court

Roof Type Metal

Garage false

Private Pool No

Building

Story 1

Entry Level One

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Metal Frame,Metal Siding,Wood Frame

New Construction false

Construction Status Fixer

Others

Pets Allowed Yes

HOA Fee Include Pool,Maintenance Grounds,Management,Recreational Facilities,Security,Sewer,Trash,Water

Senior Community Yes

Ownership Co-op

Monthly Total Fees $301

Acceptable Financing Cash

Membership Fee Required Required

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8356545

Listed by FUTURE HOME REALTY INC

Lauren McPherson

Broker | SlBK3448902

+1(386) 793-5112

Lauren McPherson

4851 W GANDY BLVD #B1L24 Tampa, FL 33611

Key Details

Location

Interior

Exterior

Building

Others

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4851 W GANDY BLVD #B1L24