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116 S Arrawana AVENUE Tampa, FL $ 650,000
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$ 650,000 Get more info
116 S Arrawana AVENUE
$ 650,000
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Share Save

116 S Arrawana AVENUE

Tampa, FL, 33609
$ 650,000
Baths0.0 Sq 1,664

Monthly Estimate*

$ 4,540

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View a Virtual Tour
Studio

Multi-Family Home for sale in Tampa, FL

for $650,000. This 1,664 square foot home was built in 1935 on a lot size of 0.22.

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 probably 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!

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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,681

Style

Duplex

Lot Size

0.22

Year Built

1935

Town/City

Tampa

County/Region

Hillsborough

MLS | Web ID

T3473483
Features
General
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 Duplex
Tax Year 2022
Percent Ownership Fee Simple
County Hillsborough
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name PARK CITY
Garage Y/N No
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
Total Units 2
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/T3473483
Days on Market 218
Standard Status Active
Tax Lot 8
Legal Description PARK CITY LOT 8 BLOCK 4
Minimum Lease No Minimum
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Interior
Flooring Hardwood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix AVENUE
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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Exterior
Water Source Public
Lot Size Area 9548
Foundation Details Crawlspace
Number of Buildings 2
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
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* Excluded Features
List By
Re/Max Realty Unlimited

Broker

kaleysellsfl@gmail.com

Email

Affordability Calculator

$4,681
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$140
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/24/2024$650,000 -3.70% Price Down
4/16/2024$675,000 -3.43% Price Down
11/3/2023$699,000 -6.80% Price Down
9/19/2023$750,000 Listed Price

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116 S Arrawana AVENUE, Tampa, FL, 33609 is a Multi-Family Home for sale at $650,000 with 1,664 sqft and a lot size of 0.22. 116 S Arrawana AVENUE is a studio with 0.0 baths and was built in 1935. The property's zip code is 33609 which is in Tampa, FL

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