Active

$650,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1664 sq ft
Overview
  • ID: MFRT3473483
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1664 sq ft
Property Details
Remarks
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!
Financial Considerations
Price:
$650,000
HOA Fee:
N/A
Tax Amount:
$1681
Price per SqFt:
$390.63
Tax Legal Description:
PARK CITY LOT 8 BLOCK 4
Exterior Features
Lot Size:
9548
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
Cooktop
Furnished:
No
Floor:
Wood
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1935
Construction Type:
Vinyl Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Awning(s)
Additional Features 2:
N/A
Map
  • Address
    116 S ARRAWANA AVE
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