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$1,070,000
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Property Description
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.
Full Property Details
Full Property Details for 312 S Arrawana Ave
General
- Price: $1,070,000
- Taxes: $6,020 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8344597
- Updated: 8/21/2025
- Added to Site: 352 day(s) ago
Location
- Area: 33609 - Tampa / Palma Ceia
- County: Hillsborough
- Development Name: 33609 - Tampa / Palma Ceia
- Subdivision: PARK CITY 2ND SEC
- Driving 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.
- Direction Faces: West
School Information
- Elementary School: Mitchell-HB
- Middle School: Wilson-HB
- High School: Plant-HB
Community
- Community Name: 33609 - Tampa / Palma Ceia
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Public, Sewer Connected, Water Connected
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: City
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,645
- Lot Size: 7645
- Lot Dimensions: 55 x 139
- Frontage: Street Paved, City Street
- Street/Road Desc.: Paved
- Fencing (Description): Vinyl
Financial Considerations
- Price Per Acre: $5,944,444
- Tax Amount: $6,020.55
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PARK CITY 2ND SECTION LOT 7 BLOCK 10
- Flood Zone Info: X
- APN: A2229183NT00001000007.0
- Property ID: A2229183NT00001000007.0
- Block/Lot/Section: 10
Listed by Keller Williams South Tampa
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Schools
Schools serving 312 S Arrawana Ave
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Mitchell Elementary School, Tampa, FL 205 South Bungalow Park Avenue, Tampa, FL 33609 | K-5 | 0.2 mi |
Wilson Middle School 1005 West Swann Avenue, Tampa, FL 33606 | 6-8 | 1.1 mi |
Plant High School 2415 South Himes Avenue, Tampa, FL 33629 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 312 S Arrawana Ave
Date
Details
Price
Change
Source
8/21/2025
Price Reduced
$1,070,000
-0.47%
MLS
3/20/2025
Price Reduced
$1,075,000
-2.27%
MLS
1/31/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 312 S Arrawana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,596
10%
$366,264
2%
2024
$6,021
7%
$358,848
5%
2023
$5,614
18%
$340,435
23%
2021
$4,775
-9%
$276,124
-16%
2022
$5,265
10%
$329,318
22%
2021
$4,775
3%
$271,005
2%
2019
$4,645
7%
$266,625
7%
2018
$4,356
10%
$249,261
9%
2017
$3,946
12%
$228,620
52%
2016
$3,531
6%
$150,029
10%
2015
$3,345
17%
$136,390
-12%
2014
$2,853
12%
$154,171
22%
2013
$2,542
—
$126,101
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 312 S Arrawana Ave
312 S Arrawana Avenue, Tampa, FL 33609 (MLS# TB8344597) is a Lots/Land property with a lot size of 0.18 acres. 312 S Arrawana Avenue is currently listed for $1,070,000 and was received on January 31, 2025. Want to learn more about 312 S Arrawana Avenue? Do you have questions about finding other Lots/Land real estate for sale in Palma Ceia? You can browse all Palma Ceia real estate or contact a Coldwell Banker agent to request more information.

