Commercial property in Tampa, Florida 154.59 sq.m. № 727784

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Commercial property in Tampa, Florida 154.59 sq.m. № 727784
ID727784 $ 750 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

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!
MLS #: T3473483

Features

Equipment and Appliances
  • Air Conditioners
  • Central A/C

Indoor facilities

Equipment and Appliances
  • Heating system
Tampa - Statistics
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ParametersTampa
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 006.14
Apartment (1 bedroom) Outside of Centre$ 1 622.38
Apartment (3 bedrooms) in City Centre$ 3 561.90
Apartment (3 bedrooms) Outside of Centre$ 2 630.95
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 3 563.73
Price per Square Meter to Buy Apartment Outside of Centre$ 2 359.91
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ParametersTampa
Crime Index45.10
Cost of Living and Rent Index61.95
Purchasing Power Index132.52
Property Price to Income Ratio3.04
Safety Index54.90
Traffic CO₂ Index9226.34
Traffic Inefficiency Index201.15
Rent Index44.97
Health Care Index67.76
Groceries Index87.63
Pollution Index32.46
Traffic Commute Time Index36.38
Restaurant Price Index73.51
Climate Index84.67
Cost of Living Index78.52
Quality of Life Index185.07
Traffic Index174.51
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ParametersTampa
Restaurants
Meal, Inexpensive Restaurant$ 20.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 95.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 11.10
Domestic Beer (0.5 liter draught)$ 7.00
Imported Beer (0.33 liter bottle)$ 8.00
Coke/Pepsi (0.33 liter bottle)$ 2.47
Water (0.33 liter bottle) $ 2.08
Cappuccino (regular)$ 5.07
Markets
Milk (regular), (1 liter)$ 1.15
Loaf of Fresh White Bread (500g)$ 4.00
Eggs (regular) (12)$ 4.55
Local Cheese (1kg)$ 20.78
Water (1.5 liter bottle)$ 3.41
Bottle of Wine (Mid-Range)$ 15.00
Domestic Beer (0.5 liter bottle)$ 2.29
Imported Beer (0.33 liter bottle)$ 3.56
Cigarettes 20 Pack (Marlboro)$ 8.85
Apples (1kg)$ 7.06
Chicken Fillets (1kg)$ 11.34
Oranges (1kg)$ 5.30
Potato (1kg)$ 4.73
Lettuce (1 head)$ 2.56
Rice (white), (1kg)$ 4.69
Tomato (1kg)$ 4.48
Banana (1kg)$ 1.68
Onion (1kg)$ 3.95
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 17.94
Transportation
One-way Ticket (Local Transport)$ 3.00
Monthly Pass (Regular Price)$ 70.50
Gasoline (1 liter)$ 0.93
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 36 050.00
Taxi Start (Normal Tariff)$ 3.00
Taxi 1km (Normal Tariff)$ 1.49
Taxi 1hour Waiting (Normal Tariff)$ 30.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 27 359.68
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 244.15
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 73.95
$ 65.56
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 872.75
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.50
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 30.83
Tennis Court Rent (1 Hour on Weekend)$ 16.67
Cinema, International Release, 1 Seat$ 19.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 55.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 44.90
1 Pair of Nike Running Shoes (Mid-Range)$ 104.59
1 Pair of Men Leather Business Shoes$ 154.54
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 1 480.00
International Primary School, Yearly for 1 Child$ 35 000.00
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityTampa
Address116 S ARRAWANA AVENUE
TypeCommercial property
Living space154.59 m²
  • sq. ft
Completion dateIV quarter, 1935
Parking places2
Price
  • Price
  • per m²
$ 750 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £