114 Bungalow Park Avenue, FL
Stellar MLS

$695,000

114 Bungalow Park Avenue

Tampa, FL 33609

Listing updated: June 4, 2026 at 8:51 AM ET

Pending
4
Beds
3
Baths
2,160
Sq Ft
0.28
Acres
1940
Built
Fireplace$322/sqft
Quadruplex

Property type

1940

Year built

12,300 sqft

Lot size

$322

Price / sq ft

No HOA

HOA dues

66

Days on market

X

Flood zone

About this home

*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.

Estimated monthly payment

Principal & interest$3,514
Property taxes$1,311
Home insurance (est.)$319

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history66 days on market

  1. Status: Pending
    Jun 4, 2026
  2. Listed$1,100,000
    Mar 30, 2026
  3. Price reduced$695,000

Facts & features

Property type
Residential Income
Sub type
Quadruplex
Status
Pending
Days on market
66
Subdivision
Bungalow City
County
Hillsborough
Year built
1940
Living area
2,160 sq ft
Price/sq ft
$322
Building area
2,628 sq ft (Public Records)
Lot size
12,300 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X
Annual taxes
$15,735 (2025)
Parcel #
A-22-29-18-3NY-000001-00015.0
Zoning
RM-16
MLS #
TB8491887

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Interior Details

Bedrooms
4
Interior features
Open Floorplan
Laundry
Electric Dryer Hookup, Washer Hookup
Fireplace
Yes

Heating & Cooling

Heating
Electric
Cooling
Wall/Window Unit(s)

Parking

Carport
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Ownership
Fee Simple

Exterior & Construction

Exterior features
None
Construction materials
Block, Frame
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected

Listing Details

Listing date
2026-03-30
On market date
2026-03-30
Original list price
$1,100,000
MLS area
33609 - Tampa / Palma Ceia
Listing AOR
Suncoast Tampa
Status changed
2026-06-04
Tax legal description
BUNGALOW CITY LOT 15 BLOCK 1

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Head south on S Bungalow Park Ave toward W Cleveland St for approximately 0.07 miles. Destination will be on the left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 4, 2026 at 8:51 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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