116 S Arrawana Avenue, TAMPA, FL

$649,000

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0.22

Acres

About 116 S Arrawana Avenue

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 a 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 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!

Features of 116 S Arrawana Avenue

MLS® # TB8384259
Price $649,000
Acres 0.22
Type Land
Sub-Type Land
Status Active

Community Information

Address 116 S Arrawana Avenue
Area Tampa / Palma Ceia
Subdivision PARK CITY
City TAMPA
County Hillsborough
State FL
Zip Code 33609-3206

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Buildable, City Lot, Level

Additional Information

Date Listed May 9th, 2025
Days on Market 147
Zoning RM-16
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOLDWELL BANKER REALTY

Listing Map

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