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Residential Land for Sale in Tampa, Florida

312 S Arrawana Ave, Tampa, FL 33609

$1,070,000
0.18 acres
Active
$5k drop
Est $7,805/mo

RARE CORNER LOT WITH OWNER FINANCING AVAILABLE - INCREDIBLE DEVELOPMENT OPPORTUNITY! Attention investors and developers! This prime South Tampa property offers endless potential--ideal for a complete teardown, custom rebuild, or renovation project. Perfectly situated just minutes from Hyde Park Village, Downtown Tampa, Midtown, Bayshore, and many other popular destinations. Zoned RM-16 (Residential Single or Multi-Family), this lot supports a single-family home or 2 townhomes with the ability to build three-stories high and over 3,000sq/ft per unit. Similar townhomes are selling for $1.2 million plus in this area, and with limited available land, this property gives you the opportunity to develop in one of Tampa's most desirable neighborhoods. Located within the top-rated school district of Mitchell Elementary, Wilson Middle, and Plant High School, this area is experiencing increasing demand for housing. Property is being sold for the lot value. The existing home experienced flooding from Hurricane Milton and is being sold as-is.

Location

Street address
312 S Arrawana Ave
Community
Park City 2nd Sec
Elevation
16 feet
Coordinates
27.9413, -82.4879

Directions

Heading West on I-275 take exit 42 Armenia Ave, turn left on to Armenia and head South, then turn right on to Azeele Street. Property is located on the right hand side on the corner or Azeele and Arrawana.

Property details

Lot size
0.18 acres7,841 sq ft
Zoning
RM-16
MLS #
MFRMLS TB8344597
Posted

Property taxes

2024
$6,021

Parcels

  • A-22-29-18-3NT-000010-00007.0

Legal description

Resources

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Exterior

Fencing
Fenced
Features
Corner Lot, Fencing, Paved

Nearby schools

NameLevelDistrictDescription
Mitchell-HBElementary
Wilson-HBMiddle
Plant-HBHigh

Listing history

DateEventPriceChangeSource
Aug 21, 2025Price drop$1,070,000$5,000 -0.5%MFRMLS
Mar 20, 2025Price drop$1,075,000$25,000 -2.3%MFRMLS
Jan 31, 2025New listing$1,100,000MFRMLS
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This 0.18-acre property is located at 312 S Arrawana Ave in Tampa, FL 33609. The property is available for sale for $1,070,000.

Checked 53 mins ago — Updated

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