116 S Arrawana Ave., Tampa, FL 33609

116 S Arrawana Ave., Tampa, FL 33609
Photo 1 of 55
$650,000
Beds Baths Sq. Ft. Taxes Built
2 2.0 1,664 $1,681 1935
On the market: 222 days
Recent price change: $675,000

Est. Monthly Payment:

$3,857($3,717 + $140 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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!
Listing courtesy of Kaley Clopton & Nichole Moody, RE/MAX REALTY UNLIMITED & RE/MAX REALTY UNLIMITED