Asking Price
$ 659,000Status
Active116 S ARRAWANA AVENUE
TAMPA, FL,33609, PARK CITY
Overview
3 Bedrooms
2 Bathrooms
Garage
1,664 sqft
Year Built: 1935
School Nearby
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.
Features
Status: Active
Beds: 3
Baths: 2
Square Footage: 1,664 Sq. Ft
HOA Fee: -
Property Type: Single Family Residence
MLS Number: TB8384043
Days on Market: 1
Year Built: 1935
Lot Size:
County: Hillsborough
Taxes: $9,823.00
Address
116 S ARRAWANA AVENUE , TAMPA ,FL
Listing provided by: COLDWELL BANKER REALTY, 727-360-6927
Asking Price
$659,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 05/10/2025 23:04. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.