116 S ARRAWANA AVENUE TAMPA FL 33609 MLS #TB8384043

Approximately 9,548 square foot lot zoned RM-16 with development potential for 3 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, both of which are in need of many updates. 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!