Property Address: 312 S Arrawana Ave, Tampa, Florida
Average square foot calculated using Size range provided by listing agent.
Description
RARE CORNER LOT WITH OWNER FINANCING AVAILABLE – INCREDIBLE DEVELOPMENT OPPORTUNITY! Attention investors and developers! This prime South Tampa property offers endless potential—ideal for a complete teardown, custom rebuild, or renovation project. Perfectly situated just minutes from Hyde Park Village, Downtown Tampa, Midtown, Bayshore, and many other popular destinations. Zoned RM-16 (Residential Single or Multi-Family), this lot supports a single-family home or 2 townhomes with the ability to build three-stories high and over 3, 000sq/ft per unit. Similar townhomes are selling for $1.2 million plus in this area, and with limited available land, this property gives you the opportunity to develop in one of Tampa’s most desirable neighborhoods. Located within the top-rated school district of Mitchell Elementary, Wilson Middle, and Plant High School, this area is experiencing increasing demand for housing. Property is being sold for the lot value. The existing home experienced flooding from Hurricane Milton and is being sold as-is.