Active

$659,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8384259
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Prime Duplex Lot with Development Potential Unlock the full value of this RM-16 zoned lot in Tampa. 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: the lot's unique pie shape can accommodate a minimum of two luxury townhomes of 2,400+ 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. A possible third unit may also be feasible, consult Tampa Zoning for specifics.
Financial Considerations
Price:
$659,000
HOA Fee:
N/A
Tax Amount:
$9823
Price per SqFt:
$69.02
Tax Legal Description:
PARK CITY LOT 8 BLOCK 4
Exterior Features
Lot Size:
9548
Lot Features:
Buildable, City Limits, Level, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    116 S ARRAWANA AVE
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