TAMPA, FL 33609 116 S ARRAWANA AVENUE

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!