Listing Details for MLS # TB8422893
301 Caspian Street, Tampa, Fl 33606

Residential Property - Single Family Residence in Tampa

Listing Price: $4,999,000Days on Market: 150

Description of Property

Timeless elegance and modern sophistication converge in this extraordinary 1925 Mediterranean Revival estate on Davis Islands. Designed by Franklin O. Adams for Arthur Milam of the D.P. Davis Properties, this architectural masterpiece is more than a residence—it is a piece of Tampa’s history. Proudly listed on the U.S. National Register of Historic Places since 1989, the estate sits gracefully on nearly half an acre of lushly landscaped grounds, offering serenity, privacy, and grandeur. The home unfolds with five luxurious bedroom suites, three half baths, and an elevator, each space blending historic charm with modern refinement. Recent updates, including a newer roof and three remodeled bathrooms completed in 2022, ensure comfort while honoring the home’s heritage. The chef’s kitchen, complete with pantry and casual dining area, flows effortlessly into the open family room, while the formal dining room opens to both the sweeping front lawn and a French limestone courtyard with fountain—a setting reminiscent of European elegance. Two dramatic staircases and a private bar lounge speak to the home’s sophisticated character, complemented by a handsome study and mudroom, thoughtfully designed living spaces. Outdoor living is equally compelling, with a full summer kitchen overlooking the sparkling pool and spa, perfect for entertaining on any scale. A gated motor court, two-car garage with modern systems, and a private in-law or guest suite above the garage with a remodeled full bath complete the estate. Perfectly situated just minutes from Tampa General Hospital, Downtown Tampa, Hyde Park, Channelside, Tampa International Airport, and the Gulf Coast’s world-renowned beaches, this Davis Islands estate offers a lifestyle of distinction. More than a home, it is a rare opportunity to own a private castle in the heart of TampaThe average asking price for a 6 bedroom/6 bath single family residence in this Zip code is $10,943,500. This single family residence is listed at about 46% of the average asking price. This is the only 6 bedroom/6 bath single family residence between $4,400,000 and $5,600,000 currently listed for sale in this Zip code.