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. rnThe 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. rnBased 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.rnSee attachments for comps supporting this price.rnNew construction luxury townhomes are being built all around this area and would be the best use for this lot.rnThe home is currently leased. Please schedule a showing to see the home and do not disturb tenants!
116 ARRAWANA AVENUE, TAMPA, Florida 33609
Single Family Residence For Sale
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