2389 sqft | 3 beds | 2 baths | 0.22 acres | #TB8384043
Description
Prime Duplex Lot with Development Potential for three units. Survey attached.
Unlock the full value of this RM-16 zoned lot in Park City near Hyde Park, Davis Islands and Downtown Tampa. The property currently features a 1,438 sq. ft. single-family home (3 bedrooms, 1 bathroom) plus a 226 sq. ft. detached studio with a full bathroom and a kitchenette.
The true opportunity lies in redevelopment: The lot's unique pie shape can accommodate a minimum of two luxury townhomes of 2,400+ sq. ft. each with an estimated resale value range from $900,000 to $1,000,000 per unit.
New construction townhomes are thriving throughout the neighborhood, making this an ideal site for upscale development. A possible third unit may be feasible, consult Tampa Zoning for specifics.
Property Details
- InteriorCeiling Fans(s), Walk-In Closet(s)
- Property SubtypeSingle Family Residence
- Utility FeaturesElectricity Connected
- Sewer InformationPublic Sewer
- CountyHillsborough
- FoundationCrawlspace
- Exterior MaterialsAwning(s)
- SubdivisionPARK CITY
- MLS #TB8384043
- MLS #TB8384043
- Property TypePurchase
- Original List Price$659,000
- Utility SourcePublic
- Taxes Annual$9,823
- Cost659000
- Acres0.22
- Square Feet2389
- Year Built1935
- Bedrooms3
- Bathrooms2
- Full Baths2
- Days on Market (Cumulative)1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Bill Barnaba
Last Updated:Â . Source: SMLS
Listing Courtesy
Listing Agent: Rich Rawson (#MFR453004170)
Listing Office: COLDWELL BANKER REALTY (#MFR283516202)
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