116 S ARRAWANA AVE new Save Request In-Person Tour Request Virtual Tour
Tampa,FL 33609
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,664 sqft
Price per Sqft $396
Subdivision Park City
MLS Listing ID TB8384043
Bedrooms 3
Full Baths 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1935
Annual Tax Amount $9,823
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Single Family Residence
Property Description
Prime Duplex Lot with Development Potential for three units. Survey attached.
Unlock the full value of this RM-16 zoned lot in Park City near Hyde Park, Davis Islands and Downtown Tampa. The property currently features a 1,438 sq. ft. single-family home (3 bedrooms, 1 bathroom) plus a 226 sq. ft. detached studio with a full bathroom and a kitchenette.
The true opportunity lies in redevelopment: The lot's unique pie shape can accommodate a minimum of two luxury townhomes of 2,400+ 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. A possible third unit may be feasible, consult Tampa Zoning for specifics.
Location
State FL
County Hillsborough
Community Park City
Area 33609 - Tampa / Palma Ceia
Zoning RM-16
Interior
Interior Features Ceiling Fans(s),Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile,Luxury Vinyl,Wood
Fireplaces Type Living Room
Furnishings Unfurnished
Fireplace true
Appliance None
Laundry Laundry Room,Washer Hookup
Exterior
Exterior Feature Awning(s)
Parking Features Covered,Driveway,Off Street
Utilities Available Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Vinyl Siding,Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8384043