# 114 S BUNGALOW PARK AVENUE, Tampa, FL 33609

> **TL;DR:** 4bd/0ba multi-family, $695,000 ($322/sqft), built 1940, 2,160 sqft.
> Fireplace. Est. $3,012/mo. Listed 72 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $695,000 |
| Price/sqft | $322 |
| Bedrooms | 4 |
| Square Feet | 2,160 |
| Year Built | 1940 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Property Type | Multi-Family (Quadruplex) |
| Status | For Sale |
| Days on Market | 72 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,012 |
| **Total** | **$3,012** |

## Key Amenities

- Fireplace

## Property Highlights

- Built in 1940
- 0.28 acre lot
- Fireplace

## Description

### 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.

## Location

- **Address:** 114 S BUNGALOW PARK AVENUE, Tampa, FL 33609
- **County:** Hillsborough
- **Neighborhood:** BUNGALOW CITY
- **Coordinates:** 27.94369, -82.489861
- **Google Maps:** https://www.google.com/maps?q=27.94369,-82.489861

## Listing Agent

- **Name:** Alexander Izikson
- **Brokerage:** RICHARD PETERS REALTY LLC
- **Phone:** 7819969676
- **Email:** aizikson@gmail.com

## Primary Photo

![114 S BUNGALOW PARK AVENUE - Primary Photo](http://lh.rdcpix.com/57f509f968c718415002a74859eea985l-f1825874033r.jpg)

*100 total photos available on [listing page](https://www.propertysimple.com/listing/114-s-bungalow-park-avenue-tampa-fl-33609-b8491887)*

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**MLS#:** TB8491887 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/114-s-bungalow-park-avenue-tampa-fl-33609-b8491887)

---

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  "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 potentia",
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