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$649,000
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
$5,850,000
5 Beds ⋅ 7 Baths ⋅ Davis Islands Rep Of Pt O SubDv. ⋅ 33606 Zip Code
Under Construction. New construction by local Luxury home builder Brookshire Homes on a large lot on Davis Islands. A Coastal contemporary 3 level luxury home with 5 bedrooms, 5 full and 2 half baths, Den, Bonus room, Pool & Spa, outdoor kitchen AND an 8 car garage! Exceptional craftsmanship and custom detail throughout. With block construction and impact windows & Gyp-Crete concrete insulation on second floor, this elevated home offers strength, stability, and peace of mind. From the soaring 24-foot foyer to the 12 foot ceilings on first living level & 10 foot on the second, discover wide-plank wood flooring, marble countertops, custom built-in cabinetry, and a generator, just to name a few features... The open floor plan first level features a large great room with a gas fireplace, opening up to a large covered lanai with separate outdoor kitchen area, separate dining room with elaborate wine display, large chef’s kitchen with top-of-the-line Thermador appliances, a plumbed coffee station, beverage refrigerator, and a walk-in pantry/scullery with a second dishwasher. On this level you will also find a separate office, a bedroom suite + a large bonus/game room. Upstairs, the primary large suite offers panoramic water views and a spa-inspired bathroom with a large shower as well as a freestanding tub. An elegant walk-in closet with built-in cabinetry & island completes the suite. Three additional in suite bedrooms with walk-in closets, a loft with wet bar and purified water station, and a great laundry room with cabinetry for storage. Welcome to Davis Island's vibrant village feel and easy move-around by golf cart, as well the immediate access to Downtown Tampa & Water Street, or enjoy dog park, dog beach, water access or tennis courts and pickleball?

577 W Davis Boulevard, Tampa
$6,200,000
5 Beds ⋅ 8 Baths ⋅ Davis Islands Pb10 Pg52 To 57 SubDv. ⋅ 33606 Zip Code
Pre-Construction. To be built. OPEN BAY WATER VIEWS! Introducing a stunning new-construction luxury estate coming soon to the heart of Davis Islands — Tampa’s most sought-after waterfront community. Scheduled for completion in Q4 2026, this architectural masterpiece by Baywalk Homes will deliver an unparalleled blend of modern elegance, elevated craftsmanship, and thoughtful design across 6,737 sq ft of heated living space, featuring 5 bedrooms and 8 bathrooms, sprawled over .31 acres. Every detail of this residence has been carefully crafted to set a new benchmark in Davis Islands living. Enjoy water views from the first living level and above, made possible by the home’s elevated positioning and lower neighboring property. Step inside through a dramatic 26-foot foyer that opens to 14-foot ceilings throughout the main level, creating a grand sense of openness and light. The home also includes a private elevator, office/den, game room, wine room, dual laundry rooms, and a designer kitchen with walk-in pantry and mudroom. The outdoor living experience rivals any resort, featuring a custom pool, spa, and full outdoor kitchen, along with multiple balconies and a sun deck to soak in the views. A 3-car split garage, FEMA Class 4–5 flood-resistant construction, and 80 hours of complimentary interior design service with Baywalk’s in-house designer make this an exceptional opportunity to create your dream home before completion. A true statement of luxury, design, and location — this Davis Islands residence will be one of Tampa’s finest new builds.

577 Riviera Drive, Tampa
$4,300,000
6 Beds ⋅ 9 Baths ⋅ Davis Islands Pb10 Pg52 To 57 SubDv. ⋅ 33606 Zip Code
Timeless elegance and modern sophistication converge in this extraordinary 1925 Mediterranean Revival estate on Davis Islands. Designed by Franklin O. Adams for Arthur Milam of the D.P. Davis Properties, this architectural masterpiece is more than a residence—it is a piece of Tampa’s history. Proudly listed on the U.S. National Register of Historic Places since 1989, the estate sits gracefully on nearly half an acre of lushly landscaped grounds, offering serenity, privacy, and grandeur. The home unfolds with five luxurious bedroom suites, three half baths, and an elevator, each space blending historic charm with modern refinement. Recent updates, including a newer roof and three remodeled bathrooms completed in 2022, ensure comfort while honoring the home’s heritage. The chef’s kitchen, complete with pantry and casual dining area, flows effortlessly into the open family room, while the formal dining room opens to both the sweeping front lawn and a French limestone courtyard with fountain—a setting reminiscent of European elegance. Two dramatic staircases and a private bar lounge speak to the home’s sophisticated character, complemented by a handsome study and mudroom, thoughtfully designed living spaces. Outdoor living is equally compelling, with a full summer kitchen overlooking the sparkling pool and spa, perfect for entertaining on any scale. A gated motor court, two-car garage with modern systems, and a private in-law or guest suite above the garage with a remodeled full bath complete the estate. Perfectly situated just minutes from Tampa General Hospital, Downtown Tampa, Hyde Park, Channelside, Tampa International Airport, and the Gulf Coast’s world-renowned beaches, this Davis Islands estate offers a lifestyle of distinction. More than a home, it is a rare opportunity to own a private castle in the heart of Tampa. Bring all offers the seller is Motivated

301 Caspian Street, Tampa
$2,899,000
5 Beds ⋅ 5 Baths ⋅ Davis Islands SubDv. ⋅ 33606 Zip Code
Under Construction. Frame/Drywall Stage, see recent photos from Mid August. Completion Nov/Dec 2026. Great street with new homes. Welcome to 530 Severn Ave, an exquisite luxury home on an oversized prime Davis Islands home site in the Gorrie, Wilson, Plant School District. Designed for modern living with timeless elegance, this stunning residence by Mobley Homes Custom offers quality craftsmanship and high-end finishes, a perfect blend of sophistication and comfort in one of South Tampa’s most coveted neighborhoods. Walk inside and step into a grand Foyer leading to an open-concept Family Room, seamlessly connected to a gourmet Kitchen featuring Wolf/Sub Zero appliances, a gas range, and custom inset cabinets with marble and Corian countertops. The adjacent Dining Room is ideal for entertaining, while a Guest Suite with a semi-private pool bath provides a great space for visitors. A Study, Mud Room, and Powder Room add functionality. Outside, the Lanai boasts an outdoor kitchen with a gas grill, overlooking a pool with Pebble Tec finish and Shellock pavers. Ascend upstairs to the expansive Master Suite, complete with a luxurious Master Bath and dual walk-in closets. Three additional bedrooms—each with en-suite baths and walk-in closets—ensure comfort for all. A versatile Bonus Room offers space for a home theater or office, along with an upstairs Laundry Area. Built on a pile foundation system for durability, with a metal lower roof and tile upper roof for a sleek, modern look. Inside you'll find engineered hardwood flooring flows throughout, complemented by custom trim detailing. Energy-efficient gas tankless water heaters ensure endless hot water. Look book available with all selections. Call your agent for details.

530 Severn Avenue, Tampa
$4,399,000
5 Beds ⋅ 6 Baths ⋅ Davis Islands Pb10 Pg52 To 57 SubDv. ⋅ 33606 Zip Code
Under Construction. New waterfront Davis Islands Home with 5 bedrooms, 4.5 baths, plus a den and a loft. Top quality workmanship and attention to detail, including but not limited to new dock with covered boat lift, newly dredged area around dock, and lowering platform, wood floors throughout, high ceilings, open floor plan, hardwood floors, upgraded tiles, heavy trim package, gourmet kitchen with large island, Inset cabinets, Marble/Quartz countertops, custom Wolf/Subzero appliances, large walk-in closets and much more. Bring your boat and start living the Islands lifestyle! Located on beautiful Davis Islands, not too far from the walking and bike path, and just a short distance away from Davis Islands Village with many restaurants, shops, and bars. Bring your golf cart and enjoy the Island lifestyle with walking/biking paths, baseball fields, public tennis courts, public historic pool, two dog parks (one wet and one dry), a beach, public marina, and an airport. Located only minutes from Downtown Tampa, Water Street, Sparkman Wharf, and the Tampa Riverwalk, this neighborhood is the most desired in South Tampa!

690 Geneva Place, Tampa
$1,299,999
6 Beds ⋅ 4 Baths ⋅ Byars Thompson Add Davis SubDv. ⋅ 33606 Zip Code
Exceptional opportunity to build new on Davis Islands. This expansive 105 x 103 RS-60 lot offers a prime setting for new construction in one of Tampa’s most desirable island neighborhoods. The existing home was damaged by Hurricane Helene and has not been remediated. Sold AS IS, the property is ideally located near the Davis Islands Yacht Club, Peter O. Knight Airport, Tampa General Hospital, and the islands’ scenic parks, waterfront, and village center. A chance to clear the way—and create something truly special.

631 Luzon Avenue, Tampa
$2,388,780
4 Beds ⋅ 4 Baths ⋅ Davis Islands Pb10 Pg52 To 57 SubDv. ⋅ 33606 Zip Code
Under Construction. EIGHTY FIVE Townhomes is the newest Luxury development to take shape on the exclusive waterfront community of Davis Islands in Tampa, Florida. These six limited edition luxury residences have water and city views and their design will endure for years to come. EIGHTY FIVE provides a seamless blend of high-end finishes, choice design and modern function to bring townhome living to the next level. The residences also provide the perfect balance between indoor and outdoor space. These four story units are thoughtfully appointed with floor to ceiling window wall, wide plank wood flooring and a modern open floorplan, all which is accessed through the in unit private elevator. The designer kitchen consists of beautiful quartz countertops, which waterfalls the central island and wood cabinetry, providing extensive storage space. Incorporated in the design selection are German engineered Gaggenau appliances, which include induction range, matching cabinet paneled refrigerator, convection microwave, oven and paneled dishwasher. The living area consists of recessed lighting, both dining and eat-in kitchen space. The master suite with its large picture windows provides an abundance of natural light throughout the room which showcases the wide plank wood flooring. This room also has an oversized master closet and bathroom suite which consists of a large frameless glass walk-in shower and dual quartz vanities. A prominent feature of these townhomes are the roof top lounge and recreation room plus two outdoor terraces. The interior lounge and recreation room features a wet bar, powder room, wood flooring and oversized glass sliders. The East Terrace features the outdoor kitchen, with gas grill, prep sink and smoked frameless glass low wall, while the West Terrace flows from the recreation room through oversized glass sliders and a spacious area for relaxing in the wonderful Florida weather. Additional features include; private elevator, 3 car garage with storage, impact windows, block construction, 10’ ceilings, spray foam insulation, smooth finish drywall, modern design and wired for home automation. Davis Islands is one of the most exclusive and affluent neighborhoods in all of Tampa. Located on an Island just outside of Downtown Tampa, this location has become the destination for professional athletes, executives and those who desire luxury living within a truly walkable community. Central to the Islands is the Davis Islands Village, with multiple restaurants and shops. Additionally, located only minutes from Downtown Tampa, Water Street Sparkman Wharf and the Tampa Riverwalk, makes this neighborhood a City within the City.

85 Davis Boulevard Unit D, Tampa
$2,599,000
4 Beds ⋅ 4 Baths ⋅ D2k | 85 Davis Townhome SubDv. ⋅ 33606 Zip Code
Under Construction. EIGHTY FIVE Townhomes is the newest Luxury development to take shape on the exclusive waterfront community of Davis Islands in Tampa, Florida. These six limited edition modern luxury residences have water and city views! EIGHTY FIVE provides a seamless blend of high-end finishes, choice design and modern function to bring townhome living to the next level. The residences also provide the perfect balance between indoor and outdoor space living. This four story unit is thoughtfully appointed with floor to ceiling window wall, wide plank wood flooring and a modern open floorplan, all which is accessed through the in-unit private elevator. The designer kitchen consists of beautiful quartz countertops, which waterfalls the central island, wood cabinetry for extensive storage, German engineered Gaggenau appliances; which include induction range as well as matching cabinet paneled refrigerator. Additional appliances include microwave, built-in oven and paneled dishwasher. The living area consists of high ceilings, open floorplan, wood flooring, and a well sized dining area. The master suite with its large windows provides an abundance of natural light throughout the room which showcases the wide plank wood flooring. This room also has an oversized master closet and bathroom suite which consists of a large frameless glass walk-in shower, soaking tub and dual stone vanities. A prominent feature of these townhomes are the roof top lounge and recreation room plus a wrap around outdoor terrace. The interior lounge and recreation room features a wet bar (with bar sink, beverage fridge and ice maker), powder room, wood flooring and oversized glass sliders. The outdoor terrace features an outdoor kitchen with gas grill, stone countertops and cabinetry, as well as oversized glass sliders and FULL VIEWS of the Downtown Tampa Skyline. Additional features include; private elevator, 3+ car garage with storage, impact windows, block construction, 10’ ceilings, spray foam insulation, smooth finish drywall and modern design. Davis Islands is one of the most exclusive and affluent neighborhoods in all of Tampa. Located on an Island just outside of Downtown Tampa, this location has become the destination for professional athletes, executives and those who desire luxury living within a truly walkable community. Central to the Islands is the Davis Islands Village, with multiple restaurants and shops. Additionally, located only minutes from Downtown Tampa, Water Street Sparkman Wharf and the Tampa Riverwalk, makes this neighborhood a City within the City.

85 Davis Boulevard Unit A, Tampa