503 SEVERN AVENUE Tampa, FL $ 1,250,000
503 SEVERN AVENUE
$ 1,250,000
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503 SEVERN AVENUE

Tampa, FL, 33606
$ 1,250,000
Baths0.0

Monthly Estimate*

$ 7,798

503 SEVERN AVENUE, Tampa, FL 33606 - Image 1
503 SEVERN AVENUE, Tampa, FL 33606 - Image 2
503 SEVERN AVENUE, Tampa, FL 33606 - Image 3
Studio

Lots and Land for sale in Tampa, FL

for $1,250,000. The lot size is 0.26.

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 suffered significant hurricane damage in 2024 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 a Redevelopment Residential Property under MLS TB8430256

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Lots and Land Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 10,641

Style

Lot Size

0.26

Town/City

Tampa

County/Region

Hillsborough

MLS | Web ID

TB8430262

Features
General
Sewer Public Sewer
Utilities BB/HS Internet Available Cable Available Electricity Available Natural Gas Available Phone Available Public Sewer Connected Street Lights Water Connected
Possession Close Of Escrow
Zoning RS-75
Tax Year 2024
Current Use Residential
Ownership Fee Simple
County Hillsborough
Property Type Land
Subdivision Name BYARS THOMPSON ADD DAVIS
Facing Direction West
Status Active
Directions From Davis Blvd turn east on Martinique to property at NE corner of Severn Ave.
High School Plant-HB
City TAMPA
MLS Area 33606 - Tampa / Davis Island/University of Tampa
Lot Size Units Square Feet
Lot Size Square Feet 11396
Listing Terms Cash Conventional
Elementary School Gorrie-HB
Tax Annual Amount 10641.83
Middle/Junior High School Wilson-HB
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description BYARS THOMPSON ADDITION DAVIS ISLAND LOT 1 LESS NWLY 7 FT BLOCK 3
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
DockY/N false
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Interior
Total Baths 0
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Exterior
Lot Features Buildable Corner Lot Curb and Gutters City Lot Oversized Lot Street Lights
Water Source Public
Lot Size Area 11396
Lot Dimensions 103.6 x 110
Lot Size Acres 0.26
Road Surface Type Paved Asphalt
Waterfront Y/N false
Road Frontage Type Street Lights Street Paved City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Lpt Realty, Llc

Broker

jim.knetsch@lptrealty.com

Email

Affordability Calculator

$8,685
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,798
Monthly Property Taxes
$887
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3326367 Elementary School
264368 Middle School
Plant-HB High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$1,250,000 Listed Price

Map


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503 SEVERN AVENUE, Tampa, FL, 33606 is a Lots and Land for sale at $1,250,000 with a lot size of 0.26. 503 SEVERN AVENUE is a studio with 0.0 baths. The property's zip code is 33606 which is in Tampa, FL