Residential Property - Single Family Residence in Tampa
Listing Price: $1,250,000 (Mortgage Calculator →)
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 was significantly damaged during the 2024 hurricane 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 Residential Land on MLS TB8430262
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 2,921
Garage: Yes2 vehicles
Carport: No
Parking Features:
Spa Features:
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Water Features:
Water Access:
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Tampa
County: Hillsborough
Subdivision: Byars Thompson Add Davis
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 2,921
Sq. Ft. Living Area: 2,284
Cost per (heated) sqare foot: $547
Year built: 1964
Annual Tax: $10,642
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: None
Flooring: Concrete
Schools
Elementary School: Gorrie-HB
Middle/Junior High School: Wilson-HB
High School: Plant-HB
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Frame
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Garage: Yes
Garage Spaces: 2
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
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Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Corner Lot
Lot Size (acres): 0.26
Lot Size (sq. ft.): 11,396 square feet
Lot Dimensions: 103.6 x 110
Front Exposure: West
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.