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 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!
3 days ago | Listing updated with changes from the MLS® | |
4 weeks ago | Price changed to $650,000 | |
a month ago | Price changed to $675,000 | |
7 months ago | Price changed to $699,000 | |
8 months ago | Listing first seen online |
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-05-16 05:35 PM EDT
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