116 S ARRAWANA AVE new Save Request In-Person Tour Request Virtual Tour
Tampa,FL 33609
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Park City
MLS Listing ID TB8384259
Annual Tax Amount $9,823
Lot Size 9,583 Sqft
Property Sub-Type Residential
Property Description
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.
Location
State FL
County Hillsborough
Community Park City
Area 33609 - Tampa / Palma Ceia
Zoning RM-16
Exterior
Fence Boundary Fencing,Chain Link,Vinyl,Wood
Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Public,Sewer Connected,Water Connected
Building
Lot Description Buildable,City Limits,Level,Paved
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8384259