Davis Islands FL ?Homes Under $600,000

Homes Under $600,000 In Davis Islands FL

Browse current homes under $600,000 in Davis Islands FL. Can't find a home that fits your needs? Try our Advanced MLS search. You can easily filter properties by location, price, amenities, and more to find exactly what you're looking for.

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Homes Under $600,000 in Davis Islands FL

104 Chesapeake Avenue Unit C6, Tampa
$499,900
2 Beds ⋅ 3 Baths ⋅ Davis Islands Pb10 Pg52 To 57 SubDv. ⋅ 33606 Zip Code
DAVIS ISLANDS | NEW ROOF OCTOBER 2026 | NO HOA FEES! Opportunities like this are hard to find on Davis Islands! This 2-bedroom, 2.5-bath end-unit townhome offers a desirable island location, a land-owned lot, and the freedom of no HOA fees or CDD costs. With only one shared wall, concrete block construction on both levels, and a 1-car garage, this property offers a unique opportunity to enjoy island living just minutes from Downtown Tampa. Freshly painted inside and out, the home features an open living and dining area with a wood-burning fireplace and warm terracotta tile flooring. The renovated kitchen offers wood cabinetry with soft-close drawers, quartz countertops, and newer stainless-steel appliances. A convenient half bath completes the first floor. Upstairs, both bedrooms feature new vinyl plank flooring. The primary bedroom has an ensuite bath with a shower, while the second bedroom has access to a full bathroom with a tub and shower combination. Enjoy the outdoors in the spacious, privacy-fenced backyard with mature shade trees and a paved patio, perfect for relaxing or entertaining. A side yard provides extra space for kayaks, bikes, and outdoor equipment. The attached garage offers parking, storage, a laundry area, and upgraded 200-amp electrical service. NEW ROOF – OCTOBER 2026. Additional updates include an air conditioner replaced in 2023 and a hot water heater replaced in 2024. Davis Islands offers a special blend of neighborhood charm, restaurants, waterfront surroundings, and convenient access to Tampa's best amenities. Enjoy nearby community pool, Tennis, Pickleball & Racquetball courts, parks, scenic walking paths, the dog beach, Davis Islands Yacht Club, and the Municipal Yacht Basin. Tampa General Hospital, Peter O. Knight Airport, and Downtown Tampa are all just minutes away. A great opportunity to own on Davis Islands with no HOA fees and room to make it your own. Being sold furnished.

104 Chesapeake Avenue Unit C6, Tampa

2 Adalia Avenue Unit 704, Tampa
$595,000
2 Beds ⋅ 2 Baths ⋅ Adalia Bayfront Condo SubDv. ⋅ 33606 Zip Code
Some investments ask you to be patient. This one pays you while you wait. On a quiet street at the northern tip of Davis Islands, The Adalia Bayfront rises ten floors above Hillsborough Bay with the kind of unhurried confidence that only waterfront buildings on private island communities tend to carry. Unit 704 is one of the most strategically positioned assets currently available in this market, not because of what it looks like, but because of what it does. It generates income. From the day you close, rent arrives. No renovation sprint, no lease-up anxiety, no first-month vacancy. A qualified tenant is already in residence, with annual rent escalations contractually embedded into the lease. The current lease runs through June 2027. What makes this unit harder to replace than most people realize: the Adalia Bayfront Association permits only 6 of its 65 units to be leased at any given time. This is one of them. With rental supply capped at the association level, demand stays concentrated, rents stay firm, and the competitive set for your income stream stays deliberately narrow. The building itself needs little introduction to anyone who knows South Tampa. Gated entry, on-site management, a saltwater pool that faces the bay, and a private marina with boat slips and lifts capable of handling vessels up to 13,000 pounds. This is the only building in the immediate vicinity with that kind of direct water access. Fitness center, sauna, community room, two reserved parking spaces per unit, dedicated storage. Tampa General Hospital is two blocks away. Downtown Tampa and Water Street are five minutes by car. The Davis Islands Yacht Club, the village shops, the dog beach are all within walking distance. Davis Islands has a way of holding its value that other Tampa neighborhoods aspire to. It is the kind of place where residents put down roots and stay, which, for an investor, is exactly the kind of community loyalty that underpins a long and stable tenancy. Comparable units in the building are actively listing above current contracted rent, which means the gap between what this tenant pays today and what the market will bear in June 2027 is already built into the asset. At the end of the lease, you hold a premium waterfront asset in one of Tampa Bay's most sought-after zip codes, free to release at current market rates, occupy personally, or sell on your own timeline and entirely your own terms. For a 1031 exchange buyer needing to place capital quickly, this is a turnkey acquisition with an income stream that begins immediately. For an international or out-of-state investor looking for a professionally managed, low touch hold in a market with genuine appreciation history, this is the kind of property that earns its keep.

2 Adalia Avenue Unit 704, Tampa

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