Make us your home page
Instagram

Historic home relocated around corner from Hyde Park United Methodist

Retired marine and real estate investor Aaron Masaitis spent $200,000 to move a 100-year-old multifamily home from 501 S Cedar Ave in Hyde Park to an empty lot at 604 W Azeele St.

ALLI KNOTHE | Times

Retired marine and real estate investor Aaron Masaitis spent $200,000 to move a 100-year-old multifamily home from 501 S Cedar Ave in Hyde Park to an empty lot at 604 W Azeele St.

TAMPA— Aaron Masaitis was driving around the Hyde Park neighborhood last fall when he noticed the 100-year-old pink house with boarded up windows and peeling paint.

It didn't seem to fit in the historic area, where land is becoming more and more expensive and rents in multifamily houses are among the highest around.

A retired Marine and real estate investor, Masaitis approached the Hyde Park United Methodist Church, the property owner, and offered to buy it.

They said yes, under one condition: He had to move the two-story, 2,900-square-foot building to an empty lot around the corner, which the church would sell to him.

So in the early hours of Saturday, March 11, a rusty machine resembling a tractor moved the 7,200-ton house slowly down the bumpy, brick street. Crews removed phone and power lines and squeezed the house into the empty lot at 604 W. Azeele St. The tractor hit a fence, and the roof barely fits under a large tree, but otherwise the move went off without incident.

"She looks so big sitting in there, doesn't she?" Masaitis asked Susan Smith, who lives across the street.

"It went in easier than the last one," she told him, recalling the arrival of the grey home around the corner on South Brevard Avenue.

About a decade ago, the trees on her block had to be removed to fit the grey, multifamily house down the street. This new old house is the third historic home she has seen reshuffled in the neighborhood.

It could well be the last unless something is demolished to make more room.

"It's important those structures are saved when they can be," said Lynn Osborne, comptroller of the church.

The church will use the old lot at 501 S. Cedar Ave as parking, with some green space for children to play, she said.

With parking and church buildings, Hyde Park United Methodist is a major landowner in the neighborhood — about a dozen properties encompassing about three full city blocks between West Platt Street and West De Leon Street, according to city records.

The church first bought the home on Cedar Ave in 2011 for $260,000 and never rented it out.

The West Azeele plot has been empty since the late 1990s, when the home there burned down, Smith said. The church had used it for parking since it purchased the lot in 1999 but the setup wasn't ideal, Osborne said.

In Hyde Park, strict zoning restrictions prevent new buildings as large as old ones. With eight one- and two-bedroom apartments, Masaitis expects to make $8,000 in monthly rent on the home, which he hopes will be valued at $1 million or more after the renovations are complete.

Standing in front of the home on Thursday afternoon, Masaitis imagined the end product: A newly laid foundation, fully reconstructed interior, even new color on the custom wood siding.

Contact Alli Knothe at aknothe@tampabay.com. Follow @KnotheA.

Historic home relocated around corner from Hyde Park United Methodist 03/20/17 [Last modified: Monday, March 20, 2017 10:47am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Trigaux: Tampa Bay household income tops $50,000 but still makes us look poor

    Personal Finance

    The good news is Tampa Bay's median household income finally crawled above $50,000 last year. The bad news is that figure — officially $51,115 by new U.S. Census Bureau data — still puts the Tampa Bay region as the poorest of the nation's 25 largest metro areas.

    Tampa Bay still has the lowest median household income among the 25 most populous metro areas, according to U.S. Census Bureau data.
[Times]
  2. Make-A-Wish Foundation aims to help more kids in Tampa Bay

    Health

    The Make-A-Wish Foundation is on the lookout for sick children in the Tampa Bay area who need a once-in-a-lifetime pick-me-up.

    Grace Savage, a 10-year-old girl with a chromosomal disorder made a trek to the Clearwater Marine Aquarium last year, courtesy of the Make-A-Wish Foundation. The foundation intends to beef up its presence in the Tampa Bay area after a reorganization. The region is now the responsibility of the foundation's Southern Florida chapter, one of the most active in the country, with more than 11,000 wishes granted so far. [JIM DAMASKE   |   Times ]
  3. Florida hides details in nursing home reports. Federal agencies don't.

    Medicine

    TALLAHASSEE — Gov. Rick Scott widened his offensive Thursday against the Broward nursing home he blames for the deaths of 10 residents by setting up a tip line for information, but when it comes to access to the inspection reports of all nursing homes, the governor's administration has heavily censored what the …

    In the foreground is a document detailing the findings of a Feb. 2016 inspection at the Rehabilitation Center at Hollywood Hills obtained from a federal agency, the Center for Medicare and Medicaid Services. Behind it is the state?€™s version of the same document, from the Agency for Health Care Administration, showing how it has been redacted before being released to the public. [Miami Herald]
  4. 'Toxic' times: How repeal of Florida's tax on services reverberates, 30 years later

    State Roundup

    TALLAHASSEE — Long before Hurricane Irma attacked Florida, the state faced a troubled fiscal future that the storm will only make worse.

    Robertson says the tax debate is now “toxic.”
  5. Fewer Tampa Bay homeowners are underwater on their mortgages

    Real Estate

    The percentage of Tampa Bay homeowners underwater on their mortgages continues to drop. In the second quarter of this year, 10.2 percent of borrowers had negative equity compared to nearly 15 percent in the same period a year ago, CoreLogic reported Thursday. Nationally, 5.4 percent of all mortgaged homes were …

    The percentage of Tampa Bay homeowners underwater on their mortgages  continues to drop. [Times file photo]