116 S ARRAWANA AVENUE | Tampa
Approximately 9,548 square foot lot zoned RM-16 (Single Family, Multi-Family) with development potential for 4 Townhomes in desirable and thriving Park City. The lot is located near Hyde Park, Davis Islands, and Downtown Tampa. Nearby, new luxury townhomes have demonstrated strong resale values between $900,000 and $1,000,000, indicating the area's appeal. The property currently features a single-family home with 3 bedrooms and 1 bathroom, as well as a detached studio with a full bathroom and kitchenette, both of which are in need of many updates. Update existing buildings or tear down and build your dream home. This lot presents an ideal opportunity for an upscale, multi-unit development project, catering to a variety of housing needs in a highly sought-after location. Seller Motivated! StellarMLS TB8384043
Directions to property: 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.
