$659,000
For Sale

116 S ARRAWANA AVENUE

Tampa, FL 33609
2389 sqft | 3 beds | 2 baths | 0.22 acres | #TB8384043
Browse 33 photos
Type:Purchase
Structure:House
Zone:Residential

Description

The property currently features a 1,438 sq. ft. single family home with 3 bedrooms and 1 bathroom plus a 226 sq. ft. detached studio with a full bathroom and a kitchenette. The true opportunity lies in redevelopment: Unlock the full value of this prime multi-family lot with development potential for 3 units. Consult with Tampa Zoning for specifics. Survey attached.
RM-16 zoned lot in Park City near Hyde Park, Davis Islands and Downtown Tampa. The lot's unique pie shape can accommodate a minimum of 2 luxury townhomes of 2,200 sq. ft. each with an estimated resale value range from $900,000 to $1,000,000/unit.
New construction townhomes are thriving throughout the neighborhood, making this an ideal site for upscale development.

  • Property Details
      • InteriorCeiling Fans(s), Walk-In Closet(s)
      • Property SubtypeSingle Family Residence
      • Utility FeaturesElectricity Connected
      • Sewer InformationPublic Sewer
      • CountyHillsborough
      • FoundationCrawlspace
      • Exterior MaterialsAwning(s)
      • SubdivisionPARK CITY
      • MLS #TB8384043
      • MLS #TB8384043
      • Property TypePurchase
      • Original List Price$659,000
      • Utility SourcePublic
      • Taxes Annual$9,823
      • Cost659000
      • Acres0.22
      • Square Feet2389
      • Year Built1935
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Days on Market (Cumulative)1

Location

Margaux GrufmanReal Estate Group
OR

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