$1,200,000

Description

Virtually Staged. Rare Davis Islands redevelopment opportunity on an oversized corner lot with exceptional potential to create something truly special in one of Tampa’s most desirable neighborhoods. 114 W Davis Blvd offers builders, investors, and future homeowners the opportunity to reimagine a prominent corner property just minutes from Downtown Tampa, Hyde Park, Bayshore Boulevard, Tampa General Hospital, and everything the city has to offer. The existing improvements are distressed, making this an ideal candidate for significant renovation or redevelopment. The oversized corner lot opens the door to an exciting new vision. Included in the listing photos is a conceptual elevation and rendering illustrating just one possibility for an elevated custom residence designed for modern Florida living. Bring your architect, builder, and imagination and explore what could be created here, subject to all applicable zoning, building requirements, and approvals. The opportunity becomes even more compelling when compared with completed new construction on Davis Islands, where newer luxury homes can command approximately $800 per square foot, depending on location, design, finishes, and other factors. For a buyer looking to create a custom residence or investment property rather than pay the premium for someone else's finished product, 114 W Davis presents substantial potential. And the location is difficult to replicate. Davis Islands offers a true neighborhood lifestyle just outside Downtown Tampa, with its own walkable village featuring restaurants, coffee, and local businesses, along with the Davis Islands Yacht Club, Peter O. Knight Airport, Davis Islands Dog Beach, waterfront parks, and the Davis Island Yacht Club and sailing community nearby. Whether the vision is an elevated architectural statement, a luxury custom home, or another permitted redevelopment concept, this oversized corner property offers a rare opportunity to create the next chapter of a Davis Islands address. The existing structure is distressed, and the property is being sold strictly AS-IS. Conceptual renderings and elevations are for inspiration only and are not representations of approved plans, permitting, buildability, or final design. Buyer to independently verify zoning, dimensions, development potential, permitting requirements, flood/elevation requirements, and all other matters relevant to buyer's intended use.