116 S Arrawana Ave, Tampa, FL 33609

ATTENTION BUILDERS, DEVELOPERS & INVESTORS: SELLER WILL CONSIDER SOME OWNER FINANCING! Approximately 9,548 square foot lot zoned RM-16 ideal for 2 Luxury Townhomes with more than 3,000 square feet each or triplex with less square footage 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 of more than $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 could use some updating but can be rented as is to generate a cash flow while planning a future build. 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! Blind offers will not be considered.