8003 N Gomez Ave, Tampa, FL 33614.

Great opportunity in N Gomez Ave, Tampa, FL!
This Tampa home consists of 2 bd/ 1 ba/ 888 sqft of living space on a 0.34Acres lot. Don’t miss out on this great opportunity!
Investment and Property Details
At Strandpark Properties, we believe in creating win-win opportunities. By allowing our clients to sponsor rehab projects, we not only share the financial success but also foster a collaborative partnership. While we have the resources to fund these projects ourselves, we value the insights and involvement of our clients. This unique approach allows you to earn 48% return on your investment when the property is flipped, making it a lucrative opportunity for everyone involved. Explore our current deals and join us in transforming properties into profitable ventures.
Purchase price:
$145,000
After Repair Value:
$350,000
Investment Duration:
50 Days
Return on Investment:
48%
Rehab Cost
$61,500
Agreed Purchase Price:
The end buyer has agreed to purchase the property for $338,000 and has made a 25% non refundable deposit towards the ARV.
Security
Rock-solid, legally binding joint venture agreement guaranteeing your investment return and protection regardless of project outcome.
Lead Contractor
Williams Orchid
Property Details:
- Size: 3 bedrooms, 2 bathrooms, 888 sq ft
- Lot: 0.34 acres
- Year Built: 1930
Rehab Cost Breakdown
•Extreme Debris Removal & Whole-Property Cleanout ($3,500)
- Action: This property exhibits extreme clutter both inside and out. Comprehensive removal of all personal items, old furniture, trash, and accumulated debris from every interior room (including the highly cluttered bedrooms and hallway), the yard, and the dilapidated front porch/ramp area. Requires significant labor and multiple large dumpsters/hauling services.
- Flooring Replacement ($4,500)
- Action: Removal of all existing old green carpet and worn vinyl tile. Installation of new, budget-friendly Luxury Vinyl Plank (LVP) or similar durable flooring throughout all main living areas, kitchen, bathroom, and bedrooms. This provides a clean, consistent, and modern appearance.
- Interior Painting (Walls & Trim) ($2,500)
- Action: Extensive wall preparation including patching numerous holes and cracks, cleaning accumulated grime and scuffs, spot priming any stained areas, and applying two fresh coats of a neutral, contemporary paint color to all interior walls and trim. All interior doors will also be painted.
- Kitchen Cosmetic Update ($10,000)
- Action:
- Cabinets: Thorough cleaning, light sanding, priming, and painting of existing cabinet boxes and doors to update their look. Replace existing hardware with new, basic pulls.
- Countertops: Installation of new, budget-friendly laminate countertops.
- Sink & Faucet: Installation of a new basic stainless steel drop-in sink with a new standard pull-down faucet.
- Appliances: Purchase and installation of a basic suite of new or good-condition used stainless steel appliances (stove/oven, over-the-range microwave, dishwasher, refrigerator). This assumes sourcing good deals on appliances.
- No Backsplash: To adhere to the budget, a backsplash is omitted.
- Bathroom Basic Renovation ($3,500)
- Action:
- Vanity & Top: Installation of a new basic vanity cabinet with an integrated sink top (e.g., cultured marble).
- Faucet: Installation of a new standard modern faucet.
- Mirror: Replacement of the existing large, unframed mirror with a new basic framed mirror.
- Toilet: Installation of a new standard toilet.
- Tub/Shower: Thorough cleaning and re-glazing of the existing tub if it’s in salvageable condition. Installation of a new shower curtain rod and basic shower head.
- Flooring: Installation of new basic ceramic tile.
- Lighting Fixtures & Ceiling Fans ($1,500)
- Action: Replacement of all outdated ceiling fans (living room, bedrooms) and general light fixtures (kitchen, bathroom, hallways, entryway) with new, cost-effective, and energy-efficient LED-compatible models.
- Door Hardware & Window Blinds ($3,500)
- Action: Replacement of all interior doorknobs and hinges with new basic modern hardware (e.g., brushed nickel). Installation of new basic 2-inch faux wood blinds on all functional windows.
- Electrical & Plumbing Minor Updates ($1,500)
- Action: Replacement of visible outdated or damaged electrical outlets and light switches with new, clean, Decora-style devices. Minor plumbing fixes for leaks, replacement of worn supply lines (e.g., under sinks/toilets), and ensuring all existing fixtures are functional. (This budget does NOT include significant re-wiring, panel upgrades, or extensive re-piping).
III. Exterior & Curb Appeal ($9,000) - Exterior Painting ($3,000)
- Action: Power washing of existing siding, thorough scraping of all loose paint, priming, and applying two fresh coats of a new exterior paint color to the main house siding and trim. Focus on creating a clean, inviting first impression.
- Yard Cleanup & Heavy Debris Haul ($2,500)
- Action: Extensive clearing of all overgrown vegetation, removal of large quantities of discarded items, construction debris, and unwanted materials from the entire property, including the severely cluttered front, side, and rear yard areas. This is a labor-intensive task.
- Front Porch/Ramp Basic Repair & Paint ($1,500)
- Action: Essential structural stabilization and repair of critical elements of the existing front porch structure and ramp to ensure safety. Cleaning, basic wood repair/replacement as needed, and repainting/staining of all wooden elements. This is a functional repair, not a full aesthetic rebuild.
- Shed/Dilapidated Outbuilding Demolition (Image 7) ($1,500)
- Action: Complete demolition and removal of the structurally compromised/dilapidated shed or enclosed structure visible in the rear exterior images. Includes hauling and disposal.
- Gutter & Downspout Maintenance ($600)
- Action: Thorough cleaning out of all existing gutters and downspouts, checking for proper drainage, and performing minor repairs to secure loose sections.
- Driveway & Patio Cleaning/Repair ($1,500)
- Action: Power washing of the concrete driveway and any visible concrete patio areas. Filling of minor cracks in concrete to improve appearance and longevity.
- Exterior Lighting ($150)
- Action: Replacement of essential exterior light fixtures (e.g., by main doors) with new, basic models to improve safety and curb appeal.
- Front Door Update ($150)
- Action: Thorough cleaning, sanding, and repainting of the existing front door (red door visible in images) to make it more inviting.
IV. Systems & Miscellaneous ($3,300) - HVAC Inspection & Basic Service ($700)
- Action: Professional inspection of the existing HVAC system (furnace and AC unit). Includes routine maintenance, filter replacement, and minor repairs to ensure basic functionality. (Does not include major component replacement.)
- Plumbing System Check & Minor Repairs ($400)
- Action: Comprehensive check of the entire plumbing system for visible leaks or critical issues. Minor repairs to fixtures, supply lines, or drains as identified during inspection. (No extensive re-piping or major drain line work).
- Professional Cleaning (Post-Rehab) ($700)
- Action: A very thorough, professional deep cleaning of the entire interior of the house after all renovation work is completed, given the initial state of grime.
- Pest Control & Extermination ($500)
- Action: Professional pest inspection and initial treatment to address any existing infestations (e.g., insects, rodents) and implement preventative measures.
- Permits & Inspections ($2,500)
- Action: Budget for obtaining all necessary local building permits for demolition, minor electrical, plumbing, and cosmetic work, and covering the costs of required inspections.
- Contingency ($3,000)
Total Rehab Cost: $61,500