USAFLTampaBungalow City114 S Bungalow Park Ave

114 S Bungalow Park Ave, Tampa, FL

Name: 114 S Bungalow Park Ave, For Sale in Tampa - Zoocasa
Brand: RICHARD PETERS REALTY LLC
SKU: TB8491887
Price: 695000 USD

House

For Sale

Listed price in listed location currency (USD).

$695,000

430

MLS® TB8491887

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 2160 sqft

Garage

Taxes $15,735

Days Active 113

Lot Size 0.28 Acres

Approx. Age 1940

Avg. Price Per Sqft $321

MLS® Number TB8491887

Property Address: 114 S Bungalow Park Ave, Tampa, FL, 33609-3140

Average square foot calculated using Size range provided by listing agent.

Description

*Being sold along with neighboring corner-lot property, 2801 W Cleveland St* Attention Developers, Investors, and Savvy Owner Occupants: Rare opportunity to acquire a multifamily-zoned parcel with existing structures in one of South Tampa’s most centrally located and fastest growing corridors, just minutes from Hyde Park, Midtown, and Downtown Tampa. The owner’s retirement presents a unique chance to secure a 6, 150 sq ft (0.14 acre) RM-16 lot with significant value-add and redevelopment potential in a proven townhome corridor. So what makes this one so special? 1) Two buildings, total of 3 units on one lot: The property features a 2/1 single-family home (1, 064 heated sq ft) and a two-story duplex with one 1/1 unit on each floor (1, 096 heated sq ft total). 2) Value-add opportunity, all units requiring renovation, offering investors the ability to increase overall asset value. Some work on the properties in recent years include: The single-family home features a newer roof (2020) and recent plumbing and electrical updates within the past 2 years, along with minor hurricane-related repairs. Has 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. 3) Separately metered water, simplifying future management and rental efficiency. 4) Development upside: RM-16 zoning supports multifamily redevelopment. Based on lot size and location, strong potential for future townhome development. 5) Prime South Tampa location: Located within the highly sought-after Mitchell-Wilson-Plant school district and minutes from Hyde Park Village, Midtown, Downtown Tampa, and Howard Ave. Easy access to I-275, Tampa International Airport, and the University of Tampa. Additional opportunity: Seller is also offering the neighboring corner lot with an existing duplex. See 2801 W Cleveland St. Purchase both for a combined 12, 300 sq ft of land and 5 total units, maximizing development scale, design flexibility, and long-term upside. Whether you're looking to renovate and reposition for long-term cash flow, or redevelop into a high-end product, opportunities like this in core South Tampa are increasingly rare. Easy to show. No HOA/CDD. Arborist Reports, MLS info sheets and property disclosures available. No assignable contracts accepted.

MLS® NumberTB8491887

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1940

Basement

Driveway

Garage Spaces

HeatElectric

A/CWall/Window Unit(s)

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 30, 2026List Date

$695,000List Price

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $695,000 and $854,000.

Similar properties in this area sold on average for: $800,958

Expected to sell very soon! Similar properties sold in 21 days. This home has been on Zoocasa for 113 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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