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Map
$650,000
↓ $25K (3.7%)
●
House -
For Sale
116 S Arrawana AVENUE
TAMPA, FL 33609
2 Beds
2 Baths
1664 Sqft
$3,332
Estimated Monthly
$0
HOA / Fees
3.98%
Cap Rate
About 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!
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!
Unit Size
1,664Ft²
Days on Market
222 days
Land Size
0.22 acres
Price per sqft
$391
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1935
Listed By
Last updated: 4 days ago (Stellar MLS #T3473192)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2024 | Price Decreased |
$650,000
↓ $25K
(3.7%)
|
|
| Price Decreased | |||
| Apr 11, 2024 | Price Decreased |
$675,000
↓ $24K
(3.4%)
|
|
| Price Decreased | |||
| Nov 4, 2023 | Price Decreased |
$699,000
↓ $51K
(6.8%)
|
|
| Price Decreased | |||
| Sep 19, 2023 | Listed by RE/MAX Realty Unlimited | $750,000 | |
| Listed by RE/MAX Realty Unlimited | |||
|
|
|||
|
More photos coming soon! 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. New construction luxury townhomes are…
|
|||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Carport
Interior Details
Bathroom Information
Full Bathrooms: 2
Interior Information
Interior Features: Walk-In Closet(s)
Appliances: Cooktop
Flooring Type: Hardwood
Laundry Features: In Garage
Room Information
Rooms: 4
Fireplace Information
Has Fireplace
Exterior Details
Property Information
Square Footage: 1664
Square Footage Source: $0
Year Built: 1935
Building Information
Building Area Total: 2389
Levels: One
Construction Materials: Vinyl Siding
Lot Information
Lot Size Area: 9548
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9548
Lot Size Dimensions: 77 x 124
Tax Lot: 8
Land Information
Water Source: Public
Financial Details
Tax Annual Amount: $1,681
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Overview
Building
Neighborhood
Zoning
Geography
116 S Arrawana AVENUE
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,504 ft²
$532/ft²
$799,777
Aug 3, 2023
$799,777
Sep 15, 2023
$694/mo
House
3
Beds
1
Bath
1,360 ft²
$577/ft²
$785,000
Aug 7, 2023
$785,000
Aug 22, 2023
$129/mo
House
3
Beds
3
Baths
2,034 ft²
$408/ft²
$830,000
Jun 19, 2023
$830,000
Aug 31, 2023
$98/mo
Condo
3
Beds
3
Baths
1,689 ft²
$477/ft²
$805,000
Jul 25, 2023
$805,000
Aug 31, 2023
$818/mo
House
6
Beds
7
Baths
1,800 ft²
$278/ft²
$500,000
Jul 16, 2023
$500,000
Aug 17, 2023
$121/mo
Townhouse
3
Beds
3
Baths
1,987 ft²
$350/ft²
$695,000
Aug 3, 2023
$695,000
Sep 18, 2023
$1,000/mo
In Contract
House
3
Beds
2
Baths
1,537 ft²
$553/ft²
$849,500
Aug 31, 2023
-
$788/mo
Active
House
3
Beds
2
Baths
1,883 ft²
$364/ft²
$685,000
May 25, 2023
-
$768/mo
Active
House
3
Beds
4
Baths
2,199 ft²
$409/ft²
$899,900
Jul 26, 2023
-
$694/mo
Active
Townhouse
3
Beds
3
Baths
1,728 ft²
$347/ft²
$600,000
Aug 4, 2023
-
$791/mo
In Contract
Townhouse
3
Beds
4
Baths
1,844 ft²
$399/ft²
$735,990
May 13, 2022
-
$1,196/mo
In Contract
Townhouse
3
Beds
3
Baths
1,700 ft²
$382/ft²
$650,000
Jun 8, 2023
-
$913/mo
About Southwest Tampa
Similar Homes for Sale
$600,000
- 3 Beds
- 3 Baths
- 1,728 ft²
$899,900
- 3 Beds
- 4 Baths
- 2,199 ft²
Nearby Rentals
$3,250 /mo
- 1 Bed
- 1 Bath
- 668 ft²
$3,250 /mo
- 1 Bed
- 1 Bath
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Listed by: Kaley Clopton
RE/MAX REALTY UNLIMITED
Last Updated: 4 days ago
Data Source: Stellar MLS, MLS# T3473192
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
RE/MAX REALTY UNLIMITED
Last Updated: 4 days ago
Data Source: Stellar MLS, MLS# T3473192
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
