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Julia Vakulenko - Broker -

Front right Front center Front left Backyard Back left Back right Backyard 2 Dining 1 Dining 2 Kitchen 1 Kitchen 2 Kitchen 3 Kitchen 4 Living 1 Living 2 Living 3 Bathroom 1 Bathroom 2 Bedroom 1-1 Bedroom 1-2 Bedroom 1-3 Bedroom 2-1 Bedroom 2-2 Bedroom 2-3 Master 1 Master 2 Master 3 Laundry Studio Studio kitchenette Studio living Studio bath 1 Studio bath 2
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116 S ARRAWANA AVE, TAMPA, 33609



Property highlights

  • MLS#: TB8384043
  • 9,548.00 lot size Sq.Ft.
  • Year built: 1935
  • Carport spaces: 2

Property Overview

Prime Duplex Lot with Development Potential for three units. Survey attached.
Unlock the full value of this RM-16 zoned lot in Park City near Hyde Park, Davis Islands and Downtown Tampa. The property currently features a 1,438 sq. ft. single-family home (3 bedrooms, 1 bathroom) plus a 226 sq. ft. detached studio with a full bathroom and a 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 with an estimated resale value 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 be feasible, consult Tampa Zoning for specifics.

Driving directions : From I-275 North, take Exit 42 for Armenia Ave/Howard Ave. Turn left onto North Armenia Ave and continue driving south. After a short distance, turn right onto W Azeele Street. Then, make a left turn onto S Arrawana Ave. Continue on S Arrawana Ave, and 116 S Arrawana Ave will be on the right. As you travel south on I-275, take Exit 42 for Armenia Ave/Howard Ave. At the end of the exit ramp, turn right onto North Armenia Ave and continue heading south. After a short distance, make a slight right onto Park City Way. Continue on Park City Way, then turn right onto West Azeele Street. Proceed along Azeele Street and then turn left onto South Arrawana Ave.

Property Features

Rooms Dimension Description
Kitchen First level , Vinyl , Ceiling Fan(s)
Living Room First level , Luxury Vinyl , Ceiling Fan(s)
Dining Room First level , Luxury Vinyl , Ceiling Fan(s)
Primary Bedroom First level , Wood , Ceiling Fan(s)

Interior Features

  • Ceiling Fans(s)
  • Walk-In Closet(s)

Appliances

  • None

Heating

  • Central

Laundry features

  • Laundry Room
  • Washer Hookup

Air Conditioning

  • Central Air

Fireplace

  • Living Room

Floor Covering

  • Ceramic Tile
  • Luxury Vinyl
  • Wood

Utilities

  • Electricity Connected

Exterior features

  • Awning(s)

Parking features

  • Covered
  • Driveway
  • Off Street

Construction Materials

  • Block
  • Vinyl Siding
  • Frame

Road Surface Type

  • Paved

Roof

  • Shingle

Foundation

  • Crawlspace

Listing information courtesy of COLDWELL BANKER REALTY

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Listing data comes from My Florida Regional MLS.