A Piece of Tampa History: Davis Islands Developer’s Home Listed for $4.5 Million
History buffs and luxury home seekers alike will be intrigued by the recent listing of a historic Tampa home built by developer Davis Islands. The property, located at 116 W. Davis Blvd, is on the market for a cool $4.5 million. While the price tag is certainly eye-catching, the real story here is the potential fate of this historic gem, as the buyer may choose to raze the property and build something new on the half-acre lot.
A Look Back at Davis Islands
For those unfamiliar with the history of Tampa, Davis Islands is a man-made archipelago in Hillsborough County, Florida. It was developed by D.P. Davis in the 1920s as an exclusive residential community and has since become one of the most sought-after neighborhoods in the city. The development was considered a feat of engineering at the time, as the islands were created by dredging sediment from the surrounding bay. Today, Davis Islands is home to some of the most luxurious and historic homes in Tampa.
116 W. Davis Blvd: A Glimpse Into the Past
The home at 116 W. Davis Blvd is a beautiful example of the Spanish Mediterranean style that was popular during the early 20th century. Built in 1928, the 5,000-square-foot residence features four bedrooms, five bathrooms, and numerous original details, such as arched doorways, hardwood floors, and a grand staircase. The property also includes a separate guest house, a swimming pool, and lush landscaping.
While the historic charm of the home is undeniable, the real value of the property lies in its prime location. Situated on a half-acre lot, the home offers sweeping views of the bay and easy access to downtown Tampa. This prime piece of real estate could be an attractive opportunity for a buyer looking to build their dream home in a prestigious neighborhood.
The Future of 116 W. Davis Blvd
With the property listed for $4.5 million, it’s possible that a buyer may choose to tear down the existing home and build something new on the lot. While it would be a shame to lose such a historic property, it’s not uncommon for buyers to prioritize location over preservation. In recent years, Tampa has seen a surge in luxury home sales, with many buyers opting to build new homes on desirable lots.
However, there’s still hope for preservationists. As the home is listed on the National Register of Historic Places, it may be eligible for preservation grants and tax incentives, which could encourage a buyer to restore and maintain the historic property. Additionally, the property’s prime location and unique history could make it an attractive investment for a buyer interested in both luxury and history.
A Rare Opportunity in Tampa’s Luxury Real Estate Market
Regardless of the fate of the home at 116 W. Davis Blvd, the listing represents a rare opportunity in Tampa’s luxury real estate market. With its rich history, stunning architecture, and prime location, this property is sure to attract interest from a variety of buyers.
If you’re in the market for a luxury home in Tampa or are simply fascinated by historic properties, be sure to keep an eye on the sale of this remarkable residence. And for more insights into the luxury real estate market, don’t forget to check out my other articles on JessicaFulk.com.
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