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    Multifamily Property in South Tampa Title is generated by Realmo AI

    114 S BUNGALOW PARK AVENUE, Tampa, FL 33609

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    For Sale
    $695,000

    Quadruplex - TAMPA, FL

    Type:Quadruplex
    Property size:
    2,160 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $321/SF
    Added:
    Mar 30, 2026
    Days on Market:
    80
    Last Refresh:
    Jun 17 at 7:06 pm

    Property Features for 114 S BUNGALOW PARK AVENUE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Zoning
    RM-16
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Carport
    Interior features
    Open Floorplan
    Fireplace
    1
    Standard status
    Active
    APN
    A-22-29-18-3NY-000001-00015.0
    Size
    2,160 SF
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    15735

    Utilities

    Heating system
    Electric (Heating), Fireplace(s)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1940
    Number of units
    2
    Building materials
    Block, Frame
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Alexander Izikson

    Listing agent Alexander Izikson License #3590476

    Listing office RICHARD PETERS REALTY LLC 116 Lichtenwalter Rd, Sarasota, FL

    Listing date Mar 30, 2026

    MLS# TB8491887 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multifamily‑zoned (RM‑16) 6,150 sq ft lot in prime South Tampa location with redevelopment potential.
    • Existing structures include a single‑family home and a duplex (total of 3 units) offering immediate rental income or renovation opportunities.
    • Value‑add opportunity with units requiring renovation, allowing for increased asset value.
    • Located in the highly sought‑after Mitchell‑Wilson‑Plant school district and minutes from key Tampa locations.
    • Opportunity to purchase neighboring corner lot (2801 W Cleveland St) for a combined 12,300 sq ft and 5 total units.
    • Separately metered water for simplified management and rental efficiency.

    Overview

    This property presents a unique opportunity for developers, investors, and owner-occupants. Located in South Tampa, it offers significant value-add and redevelopment potential in a rapidly growing area, minutes from Hyde Park, Midtown, and Downtown Tampa. The 6,150 sq ft lot is zoned RM-16, supporting multifamily redevelopment. The property includes two buildings: a 1,064 sq ft single-family home with 2 bedrooms and 1 bathroom, and a two-story duplex with two 1-bedroom, 1-bathroom units totaling 1,096 sq ft. All units require renovation, offering investors the chance to increase asset value. The single-family home features a newer roof (2020) and recent plumbing and electrical updates, along with minor hurricane-related repairs, and central air. The duplex has a roof less than 5 years old, electrical updated 2 years ago, and plumbing updated 1.5 years ago, with A/C provided via wall units. The property has separately metered water, simplifying future management and rental efficiency. The RM-16 zoning allows for multifamily redevelopment, with strong potential for future townhome development. The location is within the Mitchell-Wilson-Plant school district and provides easy access to I-275, Tampa International Airport, and the University of Tampa. An additional opportunity exists to purchase the neighboring corner lot, which includes an existing duplex, for a combined 12,300 sq ft of land and 5 total units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.489861
    Latitude
    27.94369

    FAQs

    What type of property is this?
    Duplex - Multifamily-zoned parcel with redevelopment potential in a prime location.
    Where is this duplex located?
    The property is located at 114 S BUNGALOW PARK AVENUE Tampa, FL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Multifamily‑zoned (RM‑16) 6,150 sq ft lot in prime South Tampa location with redevelopment potential.; Existing structures include a single‑family home and a duplex (total of 3 units) offering immediate rental income or renovation opportunities.; Value‑add opportunity with units requiring renovation, allowing for increased asset value.
    More about this property
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