
Listed by LPT REALTY, LLC
Status: Active
503 Severn Ave
Tampa, FL 33606
$1,250,000
------/mo*
CalculatePrime 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
Read more- Bedrooms
- 3
- Baths
- 2.5
- House Size
- 2,284 sqft
- Year Built
- 1964
- Lot Size
- 0.26 ac
Location

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Get StartedInterior Information
- appliances
- None
- cooling
- Central Air
- flooring
- Concrete
- heating
- Central
- Electric
- laundry features
- Inside
Exterior Information
- features
- Other
- road responsibility
- Public Maintained Road
- road surface
- Asphalt
- roof
- Shingle
Property Information
- construction
- Block
- Frame
- foundation
- Slab
- lot
- Corner Lot
- parking
- Attached
- sewer
- Public Sewer
- subdivision name
- Byars Thompson Add Davis
- utilities
- Cable Available
- Electricity Connected
- Natural Gas Available
- Phone Available
- Sewer Connected
- Water Connected
- water source
- Public

- Listed By Jim Knetsch
- (877) 366-2213
- LPT REALTY, LLC
- (877) 366-2213
- flbrokers@lptrealty.com
- MLS TB8430256
Monthly Payments Calculator
Estimated Monthly Cost
$7,928
30 year fixed·6.9% interest rate
- Principal & Interest
- $6,586
- Property Taxes
- $1,042
- Home Insurance
- $300
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.