TAMPA, FL 33609 114 S BUNGALOW PARK AVENUE

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Presented By: RICHARD PETERS REALTY LLC with 786-418-1388. - 352-448-9712
  • MLS# TB8491887
  • 03/30/2026
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 4
  • Baths • 3
  • SQFT • 2,160

Home Details

*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.
Presented By: RICHARD PETERS REALTY LLC with 786-418-1388. - 352-448-9712

Interior Features for 114 S BUNGALOW PARK AVENUE

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace FeaturesMasonry
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesOpen Floorplan
Laundry FeaturesElectric Dryer Hookup, Washer Hookup

General for 114 S BUNGALOW PARK AVENUE

Additional Parcels DescriptionA-22-29-18-3NY-000001-00010.0
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Carport Spaces1
Carport Y/NYes
CityTAMPA
Construction MaterialsBlock, Wood Frame
CoolingWall/Window Unit(s)
CountyHillsborough
DirectionsHead south on S Bungalow Park Ave toward W Cleveland St for approximately 0.07 miles. Destination will be on the left.
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
HeatingElectric
Land Lease Y/NNo
Legal DescriptionBUNGALOW CITY LOT 15 BLOCK 1
Living Area UnitsSquare Feet
Lot Size Square Feet12300
Lot Size UnitsSquare Feet
MLS Area33609 - Tampa / Palma Ceia
New ConstructionNo
OwnershipFee Simple
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBUNGALOW CITY
Tax Annual Amount15735
Tax Lot15
Tax Year2025
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Water Access Y/NNo
Water View Y/NNo
Year Built1940
ZoningRM-16

Exterior for 114 S BUNGALOW PARK AVENUE

Building Area Total2628
Covered Spaces1
Exterior AmenitiesNone
Foundation DetailsSlab
Lot Dimensions50 x 123
Lot Size Acres0.28
Lot Size Area12300
Number of Buildings2
Number of Lots2
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $695,000
MLS#TB8491887
List Date 03/30/2026
Property Type Income
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Request Info
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