Land - Real Estate in Tampa
Listing Price: $1,250,000
Description of Property
Prime Opportunity on Davis Island to Build Your Dream Home. 503 Severn Avenue presents a rare chance to own a premier corner lot in one of Tampa Bay’s most sought-after communities. Just minutes from Downtown Tampa, yet nestled in the heart of a laid-back and welcoming island, this property offers the perfect setting for the custom home you have always dreamed of. With more than ¼ acre of land, there’s ample space to design a luxury home that fits your lifestyle. The existing structure suffered significant hurricane damage in 2024 and is being sold as a tear-down, with value placed entirely in the land. Bring your architect, builder, and vision - this is an opportunity to create something extraordinary in an exceptional location. Why Davis Island? Life here is the best of both worlds: a relaxed, coastal island atmosphere combined with easy access to world-class city amenities. Enjoy strolls along tree-lined streets to waterfront parks, playgrounds, tennis courts, dog parks, and the sandy Davis Islands Beach. Boating enthusiasts will appreciate proximity to both the private Davis Islands Yacht Club and the public Marjorie Park Yacht Basin, with slips accommodating vessels up to 95 feet. The island is also home to Peter O. Knight Airport and is just minutes from Tampa General Hospital, Amalie Arena, the Riverwalk, top-rated schools, and Tampa International Airport. Davis Islands isn’t just a location - it’s a lifestyle and a community. Whether you envision a modern estate or a timeless island retreat, 503 Severn Avenue is the foundation to make it a reality. Also listed as a Redevelopment Residential Property under MLS TB8430256
Property Details At A Glance
Property Type: Land
City: Tampa
County: Hillsborough
Subdivision: Byars Thompson Add Davis
Annual Tax: $10,642
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Schools
Elementary School: Gorrie-HB
Middle/Junior High School: Wilson-HB
High School: Plant-HB
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Street Lights
Lot Size (acres): 0.26
Lot Size (sq. ft.): 11,396 square feet
Lot Dimensions: 103.6 x 110
Road Frontage: City Street
Front Exposure: West
Current Adjacent Use: Residential
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: A36291850I00000300001.0
Zoning: RS-75
Tax Legal Desc.: BYARS THOMPSON ADDITION DAVIS ISLAND LOT 1 LESS NWLY 7 FT BLOCK 3
Section: 36
Range: 18
Listing courtesy of LPT REALTY, LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
