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516 Lucerne Ave
Tampa, FL 33606
Specialty Property For Sale · 3,829 SF

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INVESTMENT HIGHLIGHTS

  • Massive Corner lot, 0.31 Acres, measuring 110x124, allowing a 6,000-8,500 three story home on the site.
  • Davis Islands in Tampa, minutes from downtown, Harbor Island, Riverwalk, South Tampa, Water Street Tampa
  • Existing home full furnished STR -4 bedrooms/4.5bathrooms/ detached in law suite
  • For sale or lease call Ben Mitrano PA 727-504-3490

EXECUTIVE SUMMARY

Keep original home or develop on this massive Corner lot, 0.31 Acres, measuring 110x124, allowing a 6,000-8,500 three story home on the site. Rare Corner lot in Davis Island.
Offered at $13K/month fully furnished luxury rental on Davis Island. CALL BEN MITRANO PA 727-504-3490!
Luxury Short term rental for sale! Home Leases between $12,000-$15,000/month pending seasonal activity and furnished v. non furnished model.  Capitalize on new 2025 IRS rules restoring 100% Bonus Depreciation year 1 in addition to cost segregation studies done in 2025 while the home is in service.  Completely remodeled beautiful luxury home,pool & spa in the exclusive neighborhood of Davis Islands in Tampa, minutes from downtown, Harbor Island, Riverwalk, South Tampa, Water Street Tampa, and so much more! This solid block one-story home features 4 bedrooms/4.5 bathrooms/in-law/guest house/rear two-car garage, circular driveway in front for all your vehicles. The home sits well-appointed on a massive 14,000 sqft lot with pool in the center courtyard, plenty of windows and sliders from all rooms to allow natural light to flow, with newer backyard turf in the rear for easy upkeep/pets to enjoy. Home is just under 4,000 sqft. Recent improvements include beautiful white solid wood kitchen cabinets, Calcutta Quartz countertops, backsplash, with brand-new stainless-steel appliances, fresh interior and exterior paint, landscaping, lighting, pest control, professionally cleaned—ready for its next family. The home features a generous master suite with ample closet space, large walk-in shower, and sliders that open to a spectacular courtyard pool. There is a Jack and Jill bedroom/bathroom combo and a small bedroom off the entrance that doubles as a home office. A generous grand living area with a fireplace, dining room, breakfast nook, and office. There are 5 bedrooms including the mother-in-law suite, 4 bathrooms, 2-car garage, laundry room, pool bath, and a huge backyard. The home is truly turnkey and move-in ready. Keep original home or develop on this massive Corner lot, 0.31 Acres, measuring 110x124, allowing a 6,000-8,500 three story home on the site.  Home has active exterior and interior Camera system with monitoring, do not approach or walk on property without appointment. Will not last! Only lot in Davis Island of this size! CALL BEN MITRANO PA 727-504-3490

PROPERTY FACTS

Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.33 AC
Building Size 3,829 SF
No. Stories 1
Year Built/Renovated 1961/2005
Zoning RS-75
  • Listing ID: 38748669

  • Date on Market: 2025-12-11

  • Last Updated:

  • Address: 516 Lucerne Ave, Tampa, FL 33606

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