Price Reduction
Address
116 S Arrawana AVENUE, TAMPA, FL
Price
$ 650,000
Property Attributes
  • MLS#T3473192
  • TypeSingle Family
  • CountyHILLSBOROUGH
  • CityTAMPA
  • AreaTampa - Palma Ceia
  • NeighborhoodPark City
  • Zip33609
  • StyleSingle Family Residence
  • Year Built1935
  • Taxes$ 1681
  • Price$ 650,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1664
  • Lot Size9,583 SqFt
Data Source:
Stellar MLS
Property Description

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!

Price History
9/19/2023 Listed $750,000
11/3/2023 7% - $699,000
4/11/2024 4% - $675,000
4/24/2024 4% - $650,000

General Features

Interior Features Walk-In Closet(s)
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Roof Shingle
Appliances Cooktop
Exterior Features Awning(s)
Zoning RM-16
Construction Materials Vinyl Siding
Year Built 1935
Levels One
Property SubType Single Family Residence
Tax Year 2022
Percent Ownership Fee Simple
County Hillsborough
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name PARK CITY
Facing Direction Northwest
Garage Y/N No
Total Rooms 4
Status Active
Directions From the Salmon Expressway going West take exit 4 toward Willow Ave. onto W Cleveland St. Go for 1.1 mi. Then 1.1 miles Turn slightly right onto S Tampania Ave. Go for 269 ft. Then 0.05 miles Tur
City TAMPA
Buyer Agent Compensation 2.5%-$350
Senior Community Y/N No
MLS Area 33609 - Tampa / Palma Ceia
Lot Size Square Feet 9548
Private Pool No
Waterfront Y/N No
Carport Spaces 2
Carport Y/N Yes
Street Name Arrawana
Listing Terms Cash,Conventional,FHA,VA Loan
Tax Annual Amount 1681
Public 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 opportun
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3473192
Days on Market 218
Standard Status Active
Tax Lot 8
Legal Description PARK CITY LOT 8 BLOCK 4
Minimum Lease No Minimum

Interior Features

Flooring Hardwood
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Full Baths 2
Street Suffix AVENUE
Laundry Features In Garage
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 9548
Foundation Details Crawlspace
Building Area Total 2389
Lot Dimensions 77 x 124
Lot Size Acres 0.22
Road Surface Type Paved
Lot Size Units Square Feet
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33609

Price
AVG $1.97M
$650K
Taxes
AVG $13,997
$1,681
Visits
AVG 426
1101
Data Provided by Inside Real Estate®
Year Built
AVG 1984
1935