Active

$649,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1664 sq ft
Overview
  • ID: MFRTB8384043
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1664 sq ft
Property Details
Remarks
ATTENTION BUILDERS, DEVELOPERS & INVESTORS: SELLER WILL CONSIDER SOME OWNER FINANCING! Approximately 9,548 square foot lot zoned RM-16 ideal for 2 Luxury Townhomes with more than 3,000 square feet each or triplex with less square footage 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 of more than $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 could use some updating but can be rented as is to generate a cash flow while planning a future build. 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! Blind offers will not be considered.
Financial Considerations
Price:
$649,000
HOA Fee:
N/A
Tax Amount:
$9823
Price per SqFt:
$390.02
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:
Covered, Driveway, Off Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
None
Furnished:
Yes
Floor:
Ceramic Tile, Luxury Vinyl, Wood
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1935
Construction Type:
Block, Vinyl Siding, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Northwest
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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