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116 S Arrawana Avenue, Tampa, FL 33609

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For Sale

$650,000

3 beds • 2 baths • 1,664 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $390.63
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# T3473192

Courtesy Of RE/MAX Realty Unlimited

(813) 684-0016

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Cooktop
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Wood
  • Heating System
    Central Furnace
  • Lot Size
    0.22 Acres
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 116 S Arrawana Avenue, Tampa, FL 33609

Home seller CENTURY 21 Beggins Enterprises

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Beggins Enterprises

(800) 541-9923
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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