MLS # T3473192,
Listed by RE/MAX REALTY UNLIMITED|813-684-0016
116 S Arrawana Avenue is a $650,000, 2,389 square foot, 3 bedroom, 2.0 bath home on a 0.22 acre lot located in Tampa, FL.
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!
| Appliances | Cooktop |
| Interior Features | Wood Crawlspace Walk-In Closet(s) In Garage |
| Cooling Types | Central Air |
| Heating Types | Central |
| Parking Types | Carport - Yes |
| Exterior Features | Northwest Awning(s) Tenant Paved None Public |
| Construction Types | Vinyl Siding |
| Water Source | Public |
| Sewer | Public Sewer |
| Property Type | Residential |
| Property Sub Type | Single Family Residence |
| Style | One |
| Year Built | 1935 |
| HOA Fee | $0.00 |
| Taxes | $1,681.00 |
| County | hillsborough |
| Neighborhood | Park City |
Based on information from Stellar MLS, last updated 07/26/2024 at 11:27pm MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.
