# 114 S BUNGALOW PARK AVENUE, TAMPA, FL 33609

> **TL;DR:** 6bd/0ba multi-family, $1,100,000 ($348/sqft), built 1940, 3,162 sqft.
> Fireplace. Est. $4,767/mo. Listed 11 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,100,000 |
| Price/sqft | $348 |
| Bedrooms | 6 |
| Square Feet | 3,162 |
| Year Built | 1940 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Property Type | Multi-Family (Quadruplex) |
| Status | For Sale |
| Days on Market | 11 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,767 |
| **Total** | **$4,767** |

## Key Amenities

- Fireplace

## Property Highlights

- Built in 1940
- 0.28 acre lot
- Fireplace

## Description

### Agent Description
*Attention Developers*: Extremely rare development opportunity to acquire two neighboring corner lots being sold together in one of South Tampa’s fastest-growing corridors, just minutes from Hyde Park, Midtown, and Downtown Tampa. The owner’s relocation presents a unique chance to secure two RM-16 zoned multifamily parcels totaling over 12,300 sqft at a compelling basis in a market where new construction townhomes are selling for 850k - 1.2m+ per unit. So what makes this opportunity so special? 1) Two parcels being sold together: 114 S Bungalow Park Ave and 2801 W Cleveland St, each approx. 0.14 acres with RM-16 multifamily zoning. 2) Three existing single and multifamily structures in fair condition, totaling 5 units. Consisting of: one 2 bed / 1 bath single-family home (1064 heated sqft), two duplexes (1 bed / bath units on each side, 4 beds total, 1092 & 1002 heated sqft respectively). 3) Prime potential redevelopment opportunity in a proven townhome corridor. Based on lot size and positioning, approval for 5 sizable townhomes is likely (buyer to verify). 4) Corner lot positioning enhances design flexibility, access, and end-product desirability. 5) Prime location, within the highly sought-after Mitchell-Wilson-Plant school district, and minutes from groceries, shopping, and the dining and nightlife Hyde Park Village, Midtown, Downtown Tampa, and Howard Avenue. Easy access to I-275, Tampa International Airport, University of Tampa, all of South Tampa’s top amenities. 
Whether you're looking to redevelop into high-end townhomes, hold for rental income, or execute a phased development strategy, properties offering this level of location, density potential, and flexibility are exceptionally rare. 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-f1386550628r.jpg)

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

---

**MLS#:** TB8491887 | **Updated:** 2026-04-27
**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": "*Attention Developers*: Extremely rare development opportunity to acquire two neighboring corner lots being sold together in one of South Tampa’s fastest-growing corridors, just minutes from Hyde Park, Midtown, and Downtown Tampa. The owner’s relocation presents a unique chance to secure two RM-16 zoned multifamily parcels totaling over 12,300 sqft at a compelling basis in a market where new construction townhomes are selling for 850k - 1.2m+ per unit. So what makes this opportunity so special? ",
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