You could run the nut down as tight as it'll go without a reel on it, wrap the tape and then run the nut back up so you can get the reel on. It'll be tight but should work. Other thought is to just take some pliers and tear off the foregrip...someone's going to have to do it anyway to replace the nut.
Not sure how much a mid grade rod that won't hold a reel is worth so selling it might be tough.
Another idea would be to strip the guides, tear off the foregrip and use this one to start learning how to wrap guides
for less than the cost of a rod you could have everything you need to fix any rod with this kit here...
https://www.mudhole.com/Ultimate-eZ-...per-Supply-Kit
Shoot me a PM if you wanna do that and I'll send you a couple of reel seat nuts, I've got a ton of broken rods in the shop.