Tampa, FL 33609,116 S ARRAWANA AVE
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Tampa, FL 33609,116 S ARRAWANA AVE
Tampa, FL 33609,116 S ARRAWANA AVE
Tampa, FL 33609,116 S ARRAWANA AVE
Tampa, FL 33609,116 S ARRAWANA AVE
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$ 649,000
Est. payment /mo
Active

116 S ARRAWANA AVE Tampa, FL 33609

3 Beds

2 Baths

1,664 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,664 sqft

Price per Sqft $390

Subdivision Park City

MLS Listing ID TB8384043

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1935

Annual Tax Amount $9,823

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Approximately 9,548 square foot lot zoned RM-16 (Single Family, Multi-Family) with development potential for 4 Townhomes in desirable and thriving Park City. The lot is located near Hyde Park, Davis Islands, and Downtown Tampa. Nearby, new luxury townhomes have demonstrated strong resale values between $900,000 and $1,000,000, indicating the area's appeal. The property currently features a single-family home with 3 bedrooms and 1 bathroom, as well as a detached studio with a full bathroom and kitchenette, both of which are in need of some updating. Update existing buildings or this lot presents an ideal opportunity for an upscale, multi-unit development project, catering to a variety of housing needs in a highly sought-after location. Seller Motivated!
If there is no accepted contract with a developer or builder by August, the Seller will be updating the buildings and re-listing the property at market value. Perfect for owner occupied and the studio can be used for an in-law, teenager or a rental.
If a buyer wants to be involved in the updates, paint colors and appliances schedule an appointment today. The value of the land will continue to increase and should always be ready to build up to 4 townhomes. Sell to a builder in the future or build yourself and reap the rewards. Take advantage of this opportunity.

Location

State FL

County Hillsborough

Community Park City

Area 33609 - Tampa / Palma Ceia

Zoning RM-16

Interior

Interior Features Ceiling Fans(s), Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Luxury Vinyl, Wood

Fireplaces Type Living Room

Furnishings Unfurnished

Fireplace true

Appliance None

Laundry Laundry Room, Washer Hookup

Exterior

Exterior Feature Awning(s)

Parking Features Covered, Driveway, Off Street

Utilities Available Electricity Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Vinyl Siding,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8384043


Stellar MLS
Listed by COLDWELL BANKER REALTY
agent

TaMara York

Managing broker | License ID: BK3428825

+1(352) 804-1216

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116 S ARRAWANA AVE