Ad #7823005
MLS #TB8501615
*Being sold along with neighboring corner-lot property, 114 S
2801 W CLEVELAND ST, Tampa, FL 33609
$495,000
2Beds
--Baths
1,002Sqft
0.14Acres
About this property
*Being sold along with neighboring corner-lot property, 114 S Bungalow Park Ave* Attention Developers, Investors, and Savvy Owner Occupants: Rare opportunity to acquire a multifamily-zoned parcel with an existing duplex 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) Existing side-by-side duplex totaling 1,002 heated sq ft, with two 1 bed / 1 bath units. 2) The units require renovation and TLC. Latest improvements from recent years include plumbing completely redone in 2024 and a roof less than 5 years old. A/C is provided via wall units. 3) Large yard / lot footprint at 6,150 sq, enhancing future tenant appeal and providing additional flexibility for future design and redevelopment. 4) Development upside: RM-16 zoning supports multifamily redevelopment. Based on lot size and location, strong potential for future townhome development. 5) Corner lot positioning, enhancing access, design flexibility, and end-product desirability. 6) 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 parcel at 114 S Bungalow Park Ave. Purchase both properties together for a combined 12,300 sq ft of land and 5 total units, maximizing development scale, layout 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.
Property Features
2 Beds
0 Baths
1,002 Sqft
Built in 1951
0.14 Acres
Siding: Asbestos
Shingle Roof
Electric (Heating)
$6,101 / yr property tax
Hillsborough County
BUNGALOW CITY Community
Additional Photos
Contact Information
Alexander Izikson
Richard Peters Realty LLC
781-996-9676
Location
Listing Agent: Alexander Izikson (License #: 3590476) 781-996-9676
Broker: Richard Peters Realty LLC 352-448-9712 Listing Site
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.
Broker: Richard Peters Realty LLC 352-448-9712 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026
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$495,000
2
Beds
--
Baths
1,002
Sqft
2801 W CLEVELAND ST, Tampa, FL 33609
By contacting this agent you agree to these Terms and Conditions.
MLS# TB8501615
*Being sold along with neighboring corner-lot property, 114 S
$495,000
2801 W CLEVELAND ST, Tampa, FL 33609
2
Beds
--
Baths
1,002
Sqft
0.14
Acres
$495,000
2801 W CLEVELAND ST, Tampa, FL 33609
2 Beds
-- Baths
1,002 Sqft
0.14 Acres
*Being sold along with neighboring corner-lot property, 114 S Bungalow Park Ave* Attention Developers, Investors, and Savvy Owner Occupants: Rare opportunity to acquire a multifamily-zoned parcel with an existing duplex 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) Existing side-by-side duplex totaling 1,002 heated sq ft, with two 1 bed / 1 bath units. 2) The units require renovation and TLC. Latest improvements from recent years include plumbing completely redone in 2024 and a roof less than 5 years old. A/C is provided via wall units. 3) Large yard / lot footprint at 6,150 sq, enhancing future tenant appeal and providing additional flexibility for future design and redevelopment. 4) Development upside: RM-16 zoning supports multifamily redevelopment. Based on lot size and location, strong potential for future townhome development. 5) Corner lot positioning, enhancing access, design flexibility, and end-product desirability. 6) 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 parcel at 114 S Bungalow Park Ave. Purchase both properties together for a combined 12,300 sq ft of land and 5 total units, maximizing development scale, layout 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.
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Property Details
HOME DETAILS
2 Beds
0 Baths
1,002 Sqft
Built in 1951
0.14 Acres
EXTERIOR
Siding: Asbestos
Shingle Roof
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$6,101 / yr property tax
Hillsborough County
BUNGALOW CITY Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7823005
Viewed
45 times
Listing Status
Active
Added
Jun 11, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
TB8501615
Listing Agent: Alexander Izikson (License #: 3590476) 781-996-9676
Broker: Richard Peters Realty LLC 352-448-9712 Listing Site
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.
Broker: Richard Peters Realty LLC 352-448-9712 Listing Site
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.
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