1618 S ARRAWANA AVE

Virtually Staged. ***Possible financing options that could lower your mortgage rate by up to 2% the first year! Excellent Value in the heart of Palma Ceia*** Brand New Roofs just installed on both buildings! Discover one of Palma Ceia's most charming and versatile properties—a beautifully renovated Spanish Mediterranean bungalow complete with a sparkling pool and detached air conditioned guest suite w a full bath, offering a rare opportunity to enjoy the South Tampa lifestyle while creating additional income or space for family.
Situated on a prominent corner lot, this timeless residence blends historic character with modern updates. The 3-bedroom, 2-bath main home welcomes you with a bright sunroom, rich architectural details, a cozy wood-burning fireplace, and an open-concept living and dining area that flows effortlessly into the updated kitchen—perfect for entertaining or everyday living.
Privately tucked away, the spacious primary bedroom overlooks the pool and features a walk-in closet and beautifully updated en-suite bath. Two additional bedrooms and a second full bath provide comfortable accommodation for family and guests.
Step outside to your own private backyard oasis where the newly resurfaced swimming pool creates the perfect setting for relaxing weekends, outdoor gatherings, or enjoying Florida's year-round sunshine.
Adding tremendous value is the detached guest house with its own full bathroom and private entrance. Whether you're looking for an in-law suite for extended family, home office, fitness studio, or an income-producing rental, this detached studio provides incredible flexibility that few homes in Palma Ceia can offer. A separate laundry room and generous storage area make it even more functional. As an upgrade to the neighborhood, underground electrical service is currently being installed, which has temporarily affected portions of the front/side lawn.
Recent improvements provide peace of mind, including:

• New Roofs installed July 2026
• Pool resurfaced (June 2026)
• Deck refinished (June 2026)
• Detached guest suite repainted (2026)
• New stainless steel refrigerator (2026)
• New laundry room flooring (2026)
• Tankless water heater (2020)
• Plumbing supply lines replaced (2020)
• Updated electrical (2008)
• HVAC (2018)
• Nest Smart Thermostat.

Located within the coveted Palma Ceia neighborhood and zoned for top-rated schools (Mitchell Elementary, Wilson Middle School, and Plant High School.) you'll enjoy being just minutes from Bayshore Boulevard, Hyde Park Village, SoHo, Howard Avenue's vibrant restaurants and nightlife, downtown Tampa, parks, shopping, and everything that makes South Tampa one of the area's most desirable places to call home! Plus, Its NOT in a Flood zone, so no flood insurance required!
Whether you're searching for a home with room to grow, a multi-generational living arrangement, or an exceptional investment opportunity in one of Tampa's premier neighborhoods, this unique property truly offers the best of all worlds!