What is the Asking Price?

The current asking price for this property is $650,000. Please contact me here for further details about this property.

What are the Property's Features?

This home features : South Tampa area, 2 beds, 2 baths, 1,664 sqft, 0.22 acres lot, built in 1935, 55 pictures.

Where is the property located?

Property is located at 116 S ARRAWANA AVE, TAMPA, FL, US. You can view this listing on our map here .

Tampa home for sale - 116 S Arrawana Ave,FL 33609

Loading map ...

116 S ARRAWANA AVE, TAMPA, 33609

$650,000
Price changed 04/24/2024 from $675,000, -3.7%
2 Beds, 2 Baths , 1,664 Sq.Ft
County: Hillsborough
Subdivision: PARK CITY

Property highlights

MLS#: T3473192
9,548.00 lot size Sq.Ft.
Year built: 1935
Carport spaces: 2

Listed: 09/19/2023
Taxes: $1,681.00
Virtual Tour

Property Overview

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!

Driving directions : From the Salmon Expressway going West take exit 4 toward Willow Ave. onto W Cleveland St. Go for 1.1 mi. Then 1.1 miles Turn slightly right onto S Tampania Ave. Go for 269 ft. Then 0.05 miles Turn left onto N Cleveland St. Go for 509 ft. Then 0.10 miles Turn slightly left onto S Arrawana Ave. Go for 102 ft. Then 0.02 miles 116 S Arrawana Ave Tampa, FL 33609-3206

Property Features

Rooms	Dimension	Description
Kitchen		First level
Primary Bedroom		First level
Dining Room		First level
Living Room		First level

Interior Features

Walk-In Closet(s)

Appliances

Cooktop

Heating

Central

Laundry features

In Garage

Air Conditioning

Central Air

Floor Covering

Wood

Utilities

Public

Exterior features

Awning(s)

Construction Materials

Vinyl Siding

Road Surface Type

Paved

Roof

Shingle

Foundation

Crawlspace

Listing information courtesy of RE/MAX REALTY UNLIMITED

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS.