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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 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!

Tampa

Tampa's economy is founded on a diverse base that includes tourism, agriculture, construction, finance, health care, government, technology, and the Port of Tampa. Contributing to the success of the community is the way businesses, city government, and citizens work together to make Tampa a better place to live.

The City of <a href="http://tbo.com/">Tampa</a> is the largest city in <a href="http://www.hillsboroughcounty.org/">Hillsborough County</a>, is the county seat and is the third-most populous city in Florida. It is located on the west coast of Florida, approximately 200 miles northwest of Miami, 180 southwest of <a href="http://www.visitjacksonville.com/">Jacksonville</a>, and 20 miles northeast of <a href="http://www.stpete.com/">St. Petersburg</a>. The population of the City represents approximately one-third of the total population of Hillsborough County. Tampa's economy is founded on a diverse base that includes tourism, agriculture, construction, finance, health care, government, technology, and the <a href="http://www.tampaport.com/">Port of Tampa</a>. Contributing to the success of the community is the way businesses, City government, and citizens work together to make Tampa a better place to live.

The <a href="http://www.tampatheatre.org/">Tampa Theatre</a> is a restored classic theatre showing modern independent and classic films.

<a href="http://buschgardens.com/tampa">Busch Gardens of Tampa Bay</a> is the ultimate family adventure park offering an array of fascinating attractions based on exotic encounters with the African continent. A unique blend of <a href="http://seaworldparks.com/en/buschgardens-tampa/attractions/?from=Top_Nav">thrilling rides</a>, one of the country\'s premier zoos featuring more than 2,000 animals, live shows, restaurants, shops and games, Busch Gardens Tampa Bay provides unrivaled excitement for guests of every age.

When it gets too hot, there is a place to cool down! <a href="http://www.adventureisland.com/">Adventure Island's</a> 30 acres of water-drenched fun in the sun features the ultimate combination of high-speed thrills and tropical, tranquil surroundings for guests of all ages!

<a href="http://www.livenation.com/venues/14473/midflorida-credit-union-amphitheatre-at-the-fl-state-fairgrounds">The&nbsp;LiveNation Amphitheatre</a> is the first outdoor concert facility in the Tampa Bay Area. The Amphitheatre's capacity is around 20,000.&nbsp;

<a href="http://www.lowryparkzoo.com/">Tampa's Lowry Park Zoo</a> is a 56-acre zoo located in Tampa, Florida. It is noted for being one of the best mid-sized zoos in the United States. With its humble beginnings as an old-style menagerie, the zoo now has over 200 employees, is run by a nonprofit society, and is a 501(c)(3) charitable organization. The zoo was voted the #1 Family Friendly Zoo in the US by Child Magazine and is recognized by the State of Florida as the center for Florida wildlife conservation and biodiversity (HB 457. The zoo features a larger collection of Florida species than any other zoo.

<a href="http://raymondjamesstadium.com/">Raymond James Stadium</a>&nbsp;is home to&nbsp;the <a href="http://www.buccaneers.com/">Tampa Bay Buccaneers</a>&nbsp;who took the field at Raymond James Stadium in 1998.&nbsp;Tampa Bay’s football fans enjoy&nbsp;watching the game in a modern stadium soon to be recognized as one of the best facilities in the NFL. The facility, home to the Tampa Bay Buccaneers, <a href="http://www.gousfbulls.com/">University of South Florida Bulls</a> and the New Year’s Day <a href="http://www.outbackbowl.com/">Outback Bowl</a>, incorporates groundbreaking innovations and modern stadium design concepts for the finest guest experience. Located an arms throw from the original <a href="http://en.wikipedia.org/wiki/Tampa_Stadium">Tampa Stadium</a>, the newly opened venue quickly became a popular choice for concerts and special events.

<a href="http://www.tampaconventioncenter.com/">Tampa Convention Center</a> The sparkling waterfront vistas bring the warmth and light of the Florida sunshine directly into your meeting rooms at Tampa Convention Center. The 600,000 square foot building offers 200,000 square feet of exhibit space, a 36,000 square foot ballroom, and 36 breakout rooms that total over 42,000 square feet of additional meeting space. Add to that, over 84,000 square feet of flexible public space and you have the best venue for any meeting, conventionor special event.

<a href="http://plantmuseum.com/">Henry B. Plant Museum</a> Walk the corridors of the <a href="http://en.wikipedia.org/wiki/Henry_B._Plant_Museum">Tampa Bay Hotel</a>, now a museum and a National Historic Landmark, and experience a stroll through a time when exquisite art, elegant furnishings and opulent grandeur conveyed the image of the Gilded Age. Built in 1891, the hotel, with its Moorish architecture and spiraling minarets, was created as a resort for the rich and affluent.

<a href="http://en.wikipedia.org/wiki/Ybor_City">Ybor City</a> Known as Tampa’s Latin Quarter for over a century, <a href="http://www.ybormuseum.org/">Historic Ybor City</a> is an exotic blend of aromas, flavors, sights, and sounds.&nbsp; From the scent of roasting Cuban coffee early in the morning to the rhythms of Latin music late into the night, Ybor is a feast for the senses.&nbsp;The area really comes alive when the sunsets with a bevy of nightlife options.

116 S ARRAWANA AVE, TAMPA FL 33609

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