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Listed by LPT REALTY, LLC

Status: Active

503 Severn Ave 
Tampa, FL 33606

$1,250,000

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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
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Bedrooms
3
Baths
2.5
House Size
2,284 sqft
Year Built
1964
Lot Size
0.26 ac

Location

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Interior 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
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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