114 S BUNGALOW PARK AVE, Tampa, FL 33609
114 S BUNGALOW PARK AVE, Tampa, FL 33609
114 S BUNGALOW PARK AVE, Tampa, FL 33609
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$1,100,000
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6 Beds
5 Baths
3,162 SqFt
Active

114 S BUNGALOW PARK AVE Tampa, FL 33609

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The Market Realty Co.

The Market Realty Co.

+1(863) 999-4643

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,162 sqft

Price per Sqft $347

Subdivision Bungalow City

MLS Listing ID TB8491887

Bedrooms 6

HOA Y/N No

Year Built 1940

Annual Tax Amount $15,735

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 50x123

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

*Attention Developers*: Extremely rare development opportunity to acquire two neighboring corner lots being sold together in one of South Tampa's fastest-growing corridors, just minutes from Hyde Park, Midtown, and Downtown Tampa. The owner's relocation presents a unique chance to secure two RM-16 zoned multifamily parcels totaling over 12,300 sqft at a compelling basis in a market where new construction townhomes are selling for 850k - 1.2m+ per unit. So what makes this opportunity so special? 1) Two parcels being sold together: 114 S Bungalow Park Ave and 2801 W Cleveland St, each approx. 0.14 acres with RM-16 multifamily zoning. 2) Three existing single and multifamily structures in fair condition, totaling 5 units. Consisting of: one 2 bed / 1 bath single-family home (1064 heated sqft), two duplexes (1 bed / bath units on each side, 4 beds total, 1092 & 1002 heated sqft respectively). 3) Prime potential redevelopment opportunity in a proven townhome corridor. Based on lot size and positioning, approval for 5 sizable townhomes is likely (buyer to verify). 4) Corner lot positioning enhances design flexibility, access, and end-product desirability. 5) Prime location, within the highly sought-after Mitchell-Wilson-Plant school district, and minutes from groceries, shopping, and the dining and nightlife Hyde Park Village, Midtown, Downtown Tampa, and Howard Avenue. Easy access to I-275, Tampa International Airport, University of Tampa, all of South Tampa's top amenities.
Whether you're looking to redevelop into high-end townhomes, hold for rental income, or execute a phased development strategy, properties offering this level of location, density potential, and flexibility are exceptionally rare. Arborist Reports, MLS info sheets and property disclosures available. No assignable contracts accepted.

Location

State FL

County Hillsborough

Community Bungalow City

Area 33609 - Tampa / Palma Ceia

Zoning RM-16

Interior

Interior Features Open Floorplan

Heating Electric

Cooling Wall/Window Unit(s)

Fireplaces Type Masonry

Fireplace true

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Alexander Izikson RICHARD PETERS REALTY LLC

NEARBY SCHOOL & BUSINESS

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The Market Realty Co.

The Market Realty Co.

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+1(863) 999-4643

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