$650,000
116 S ARRAWANA AVE, TAMPA, 33609
116 S ARRAWANA AVE
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!
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Details
Status
- Active
Area
- PARK CITY
Total Monthly Fees
- None
Construction Materials
- [Vinyl Siding]
Flooring
- [Wood]
Cooling
- [Central Air]
Exterior Features
- [Awning(s)]
Heating
- [Central]
Interior Features
- [Walk-In Closet(s)]
Laundry Features
- [In Garage]
Utilities
- [Public]
Water Source
- [Public]
Lease Information
- Available For LeaseYes
- Minimun LeaseNo Minimum
Location
- CityTAMPA
- CountyHillsborough
- Major AreaTampa / Palma Ceia
- Minor AreaPARK CITY
- Zip Code33609-3206
Construction
- Foundation Details[Crawlspace]
- Levels[One]
- Living Area1,664 Square Feet
- Lot Acres0.22
- Lot Square Feet9,548
- Property TypeSingle Family Residence
- Roof[Shingle]
- Sewer[Public Sewer]
- Year Built1935
- ZoningRM-16
Rooms
- Total Bedrooms3
- Full Bathrooms2
- Total Bathrooms2
- Room Count4
Features
- CarportYes
- FireplaceYes
Location
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