About 116 South Arrawana Avenue
OPPORTUNITY IS CALLING! This lot currently has a 1438 sqft single family home with 2 bedrooms and 1 bathroom as well as a 226 sqft studio space with 1 bathroom and a kitchenette. The real opportunity lies in the RM-16 zoning this lot holds. City of Tampa says there is a possibility to build up to 3 units on this lot as long as the set backs and building restrictions are met. Consult with Tampa zoning department for more info. Based on property's pie shape it can fit 2 townhomes, anywhere from 2200+ sqft they can be sold at $800,000 - $959,000 PER UNIT. See attachments for comps supporting this price. New construction luxury townhomes are being built all around this area and would be the best use for this lot. The home is currently leased. Please schedule a showing to see the home and do not disturb tenants!
Features of 116 South Arrawana Avenue
| MLS® # | T3473192 |
|---|---|
| Price | $650,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,664 |
| Acres | 0.22 |
| Year Built | 1935 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 116 South Arrawana Avenue |
|---|---|
| Area | Tampa / Palma Ceia |
| Subdivision | PARK CITY |
| City | TAMPA |
| County | Hillsborough |
| State | FL |
| Zip Code | 33609 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Walk-In Closet(s) |
|---|---|
| Appliances | Cooktop |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Stories | 1 |
Exterior
| Exterior Features | Awning(s) |
|---|---|
| Roof | Shingle |
| Foundation | Crawlspace |
Additional Information
| Date Listed | September 19th, 2023 |
|---|---|
| Days on Market | 223 |
| Zoning | RM-16 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Kaley Clopton |
|---|---|
| Office | RE/MAX REALTY UNLIMITED |