7 months on rocket

116 S Arrawana Ave, Tampa, FL, 33609

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
1,664 SqFt
$391/SqFt
Multi
Schools Nearby

Location

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116 S Arrawana Ave, Tampa$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1935
HeatingCentral
CoolingCentral Air
MLS #T3473483
Lot Size0.22 Acres
StatusActive

About 116 S Arrawana Ave

OPPORTUNITY IS CALLING! This lot currently has a 1438 sqft single family home with 2 bedrooms and 1 bathroom as well as a 226 sqft studio space with 1 bathroom and a kitchenette. The real opportunity lies in the RM-16 zoning this lot holds. City of Tampa says there is a possibility to build up to 3 units on this lot as long as the set backs and building restrictions are met. Consult with Tampa zoning department for more info. Based on property's pie shape it can fit 2 townhomes, anywhere from 2200+ sqft they can be sold at $800,000 - $959,000 PER UNIT. See attachments for comps supporting this price. New construction luxury townhomes are being built all around this area and would probably be the best use for this lot. The home is currently leased. Please schedule a showing to see the home and do not disturb tenants!

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 1,664 SqFt

Listing Office:

  • Office Name: RE/MAX REALTY UNLIMITED
  • Office Phone: (813) 684-0016
  • Listing Agent: Kaley Clopton

Interior Features

Interior Information:

  • Appliances: Cooktop
  • Flooring Type: Wood
  • Interior: Walk-In Closet(s)

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awning(s)

Virtual/3D Tour

  • Virtual Tour: 116 S Arrawana Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Plant High School, Public District Grades 9-12
  • Hillsborough Virtual School, Public District Grades KG-12
  • Wilson Middle School, Public District Grades 6-8
  • Mitchell Elementary School, Public District Grades PK-5
  • Metropolitan Ministries Partnership Elementary School, Public District Grades KG-5
  • Usf/Patel Partnership Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From the Salmon Expressway going West take exit 4 toward Willow Ave. onto W Cleveland St. Go for 1.1 mi. Then 1.1 miles Turn slightly right onto S Tampania Ave. Go for 269 ft. Then 0.05 miles Turn left onto N Cleveland St. Go for 509 ft. Then 0.10 miles Turn slightly left onto S Arrawana Ave. Go for 102 ft. Then 0.02 miles 116 S Arrawana Ave Tampa, FL 33609-3206

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $391/SqFt

Tax Information:

  • Annual Amount: $1,619
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tampa, FL.

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Tampa, FL

City

Med. Sold Price

$411.4K

Med. Price/SqFt

$268

Avg. Days On Market

40

# of Sold Homes

755

116 S Arrawana Ave vs Tampa

225 DAYS ON ROCKET

+185 Days

$650,000

+$238.5K More

$391/SqFt

+$122 More

KEY TAKEAWAY

This property is $238.5K more than the Median Sold Price and $122/SqFt more than other homes in Tampa, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3473483

Listing Office:

  • Office Name: RE/MAX REALTY UNLIMITED
  • Office Phone: (813) 684-0016
  • Listing Agent: Kaley Clopton

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/1/2024, 11:19:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,619$110,770
2018$1,531$106,261
2017$1,489$104,075

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4468550
9
/10

  • Mitchell Elementary School

  • 205 S Bungalow Park Ave

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-4468551
8
/10

  • Metropolitan Ministries Partnership Elementary School

  • 102 E Palm Ave

  • 2.12 miles

  • Public District Grades KG-5

school-card-donut-4468552
6
/10

  • Usf/Patel Partnership Elementary School

  • 11801 Usf Bull Run St

  • 9.31 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4468553
8
/10

  • Wilson Middle School

  • 1005 W Swann Ave

  • 1.19 miles

  • Public District Grades 6-8

High School

school-card-donut-4468554
7
/10

  • Plant High School

  • 2415 S Himes Ave

  • 1.66 miles

  • Public District Grades 9-12

school-card-donut-4468555
6
/10

  • Hillsborough Virtual School

  • 901 E Kennedy Blvd

  • 2.22 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,742. The most common annual income of people living in Tampa, FL is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Hillsborough County›Tampa›33609›116 S Arrawana Ave

This home is located at 116 S Arrawana Ave in Tampa, FL and zip code 33609 in the Palma Ceia Pines neighborhood. This 1,664 square foot home, which was built in 1935, sits on a 0.22 acre lot. It has been listed on Rocket Homes since September 19, 2023 and is currently priced at $650,000.

Tampa, FL housing market in April 2024 saw over 131 listings sold above listed price, more than 167 sold at listed price and over 457 sold below. The number of listings in Tampa, FL increased by 2.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $411,476, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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