114 S Bungalow Park Avenue Tampa, FL 33609
Pending MLS# TB8491887
4 beds 3 baths 2,160 sq ft Multi-family
Details for 114 S Bungalow Park Avenue
MLS# TB8491887
Description for 114 S Bungalow Park Avenue, Tampa, FL, 33609
*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.
Listing Information
Property Type: Residential, Quadruplex
Status: Pending
Bedrooms: 4
Bathrooms: 3
Lot Size: 0.28 Acres
Square Feet: 2,160 sq ft
Year Built: 1940
Construction: Block,Wood Frame
Subdivision: Bungalow City
Foundation: Slab
County: Hillsborough
Additonal Room Information
Laundry: Washer Hookup, Electric Dryer Hookup
Interior Features
Fireplaces: Masonry
Additional Interior Features: Open Floorplan
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Sewer Connected,Water Connected
Cooling: Wall/Window Unit(s)
Heating: Electric
Exterior / Lot Features
Roof: Shingle
Lot Dimensions: 50x123
Unit Information
Unit 1 Units Total: 2
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Driving Directions
Head south on S Bungalow Park Ave toward W Cleveland St for approximately 0.07 miles. Destination will be on the left.
Financial Considerations
Tax/Property ID: A-22-29-18-3NY-000001-00015.0
Tax Amount: 15735
Tax Year: 2025
A broker reciprocity listing courtesy: RICHARD PETERS REALTY LLC
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Sales History & Tax Summary for 114 S Bungalow Park Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 114 S Bungalow Park Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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