$659,000 for Sale
116 s arrawana avenue, tampa, FL 33609
Property Description
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.
General Information
Sale Price: $659,000
Price/SqFt:
Status: Active
MLS#: TB8384259
City: tampa
Post Office: tampa
County: Hillsborough
Subdivision: park city
Acres: 0.22
Lot Dimensions: 124 x 77
Size:
Acreage: 0.22 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $9,823
Legal Description: PARK CITY LOT 8 BLOCK 4
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Rich Rawson of COLDWELL BANKER REALTY, Phone: 727-360-6927
