116 S ARRAWANA AVE, TAMPA, FL, 33609
$659,000
Land
|
Lot Size
9,548 Sqft
|
The property currently features a 1,438 sq. ft. single-family home (3 beds, 1 bath) plus a 226 sq. ft. detached studio with a bathroom and kitchenette. The true opportunity lies in redevelopment: Unlock the full value of this prime multi-family lot with development potential of 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 two luxury townhomes of 2,200+ sq. ft. each. Estimated resale values 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
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8384259 | Year Built: | ||
| Country: | US | County Or Parish: | Hillsborough | |
| Current Use: | Residential | Fencing: | Boundary Fencing, Chain Link, Vinyl, Wood | |
| Listing Agreement: | Exclusive Right To Sell | Lot Features: | Buildable, City Limits, Level, Paved | |
| Property Type: | Land | Road Frontage Type: | City Street | |
| Road Responsibility: | Public Maintained Road | Road Surface Type: | Asphalt, Paved | |
| Sewer: | Public Sewer | Showing Requirements: | Appointment Only, Combination Lock Box, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected, Water Connected | |
| Water Source: | Public | |||
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