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116 S Arrawana Avenue,  Tampa FL, 33609

(Active)
$650,000
|
1,664 sqft
|
MLS# T3473483
Last Updated: 5/16/2024 10:56 PM
Description for 116 S Arrawana Avenue Tampa, FL 33609
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 probably 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!
Price
$650,000
PARK CITY
Hillsborough
1,664 (approx)
T3473483
Active
Description
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 probably 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!
Listing Information
Property Type: Duplex, Multi-Family, 1 Story
0.22 Acres 1,664 (approx) 1935
Yes-2 spaces 1 Vinyl siding
29//
PARK CITY
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Cooktop
Wood
Central Air
Other, Central
Crawl Space
Walk-In Closet(s)
Exterior / Lot Features
2 Carport Spaces,
Vinyl
Shingle
77x124
RM-16
Awning(s)
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
Financial Considerations
A-22-29-18-3NS-000004-00008.0
$1,681
Cash, Conventional, FHA, VA Loan
Listing Price History

Tampa Real Estate

Tampa is located in Florida. Tampa, Florida 33609 has a population of 386,685.

The median household income in Tampa, Florida 33609 is $73,963. The median household income for the surrounding county is $63,092 compared to the national median of $66,222. The median age of people living in Tampa 33609 is 39 years.

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Courtesy: RE/MAX REALTY UNLIMITED, 813-684-0016


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. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/16/2024 10:56 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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