- We buy older single-family homes and small multifamily across South Tampa
- Offers are based mainly on land value, not on the condition of the house
- Parts of Hyde Park are a local historic district, so a teardown is not always possible
- You pick the closing date, from about 7 to 14 days to months out
Why South Tampa lots draw builders
South Tampa is the peninsula between Hillsborough Bay and Old Tampa Bay, south of Kennedy Boulevard. Its streets were platted over many decades, and a lot of the original housing is still standing: 1920s bungalows and Mediterranean-style homes in the older northern sections, and 1950s and 1960s block ranches further south.
Walk almost any street and you will see the pattern. A one-story house that has been there since Eisenhower sits next to a two-story home finished last year. Builders are not buying those older houses for the kitchens. They are buying the location, the schools, the short drive to downtown and MacDill, and the lot itself. That is the question behind this site: is your dirt worth more than your house? Our page on how land value works explains how we think about it.
Lot width matters more than square footage
Many South Tampa streets were laid out with narrow platted lots, often around 50 feet wide. Some long-time owners have a house that sits across two of those lots, or a corner lot with frontage on two streets. To a builder, that can mean room for a wider new home, or in some cases more than one home.
Whether a lot can be split, or whether two platted lots can be built on separately, depends on the City of Tampa zoning district and its lot-of-record rules. City single-family districts carry names like RS-50 and RS-60, and the number roughly tracks the minimum lot width. Nobody should promise you a split without a zoning check. If you think you have a small house on two lots, that is worth a conversation.
Historic districts, big oaks and flood zones
Three things can change what a builder can do on a South Tampa lot:
- Historic districts. Hyde Park is one of the City of Tampa's local historic districts, and demolition there goes through historic review. If your house is inside the district, a teardown may not be allowed. In that case we may still buy it to be renovated, or we will tell you plainly that it is not a fit. See historic districts and teardowns.
- Protected trees. Large live oaks are part of South Tampa, and the city regulates tree removal. A big protected tree can shape where a new house can go.
- Flood zones. Low blocks near both bays sit in FEMA flood zones, and many took on water in the 2024 storms. That changes the math on repairing an older house versus replacing it.
We are not attorneys or engineers. The city and FEMA maps have the final word, and we check them before we make an offer.
Which part of South Tampa are you in?
South Tampa is not one market. We have separate pages for the areas we are asked about most:
- Palma Ceia, with its older homes and heavy tree canopy
- Bayshore Beautiful, close to the bay
- Beach Park and Westshore and Sunset Park on the Old Tampa Bay side
- Davis Islands
- Interbay and Port Tampa, south of Gandy
How it works with us
Tampa Teardown is run by 131 Cash Home Buyers, a St. Petersburg company that has bought more than 140 houses around Tampa Bay since 2018. The steps are simple. We talk on the phone, we do one walkthrough, and we give you a written cash offer. There are no repairs, no commissions, and no clean-out. Take what matters to you and leave the rest. We pay the normal closing costs, and the closing happens at a licensed Florida title company.
Our offer is based mainly on what the land is worth to a new-construction buyer, minus demolition and the risk we carry. It is below full retail. If listing would clearly put more in your pocket and you have the time, we will say so. Our guide on selling to a builder or listing lays out both paths.
Questions owners ask
Do you buy houses in Hyde Park?
My house needs a roof, AC and plumbing. Does that hurt my offer?
Can I stay until my new place is ready?
Read next
General information, not legal, tax or zoning advice. Every lot is different; local rules decide what can be built. Updated November 2026.