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Under contract-accepting backup offers. Are you seeking for a spacious home in the waterfront community of Davis Islands? Look no further than 516 East Davis Boulevard, a beautifully updated ranch home with contemporary flair. This stunning property features 4 bedrooms, 3 full baths, and 2, 700 square feet of living space, all situated on a massive 11, 000+ square foot lot. The home includes a separate bonus room that can serve as an in-law suite, adding to its versatility. This expansive single-story residence boasts an open-concept floor plan designed to maximize space and natural light. The living area seamlessly flows into the dining and kitchen spaces, making it perfect for both entertaining and everyday living. Decorated with beautiful neutral gray porcelain tile, recessed lighting, and an abundance of windows, the home is bathed in natural light throughout the day.
The beautifully renovated kitchen is the heart of the home, featuring a central island with ample storage, quartz countertops, white flat-panel gloss cabinets, stainless Bosch and Gaggenau appliances, a smoke glass subway backsplash, and a large breakfast bar for additional dining options. A key feature of this home is the flexible use of its bedrooms. There are two primary suites, each with its own unique identify. The first primary suite is near the two guest bedrooms and includes a large quartz vanity with dual sinks, walk-in shower with semi-frameless glass and modern tile. The second primary suite allows for a split floorplan and boasts a spacious living area with mini-kitchen, ideal for in-laws, guests, or as a private retreat. Additionally, there are two nice sized guest bedrooms that share a renovated bathroom with quartz vanity (dual sinks) and an updated walk-in shower. The home also includes a separate bonus room with kitchenette and full bath that can be used as a media room, workout room, additional guest room, or in-law suite. An updated indoor laundry room and a fantastic outdoor tiled space, accessible through a set of dual sliding doors from the kitchen, further enhance the home's functionality. The exterior of the property is equally impressive. The large yard (75 x 153 feet) provides ample space for a future pool, sports courts, or general outdoor activities. The front of the house features a large driveway finished with cobblestone pavers, offering ample parking. Located on an island just outside Downtown Tampa, this home is situated in a desirable community favored by professional athletes, executives, and those who appreciate a walkable neighborhood. Davis Islands offers a wealth of amenities, including Marjorie Park Marina, Sandra Freedman Tennis Complex, Tampa General Hospital, Historic Roy Jenkins Pool, Peter O. Knight Airport, a public boat ramp, dog parks, walking trails, and more. Central to the Islands is the Davis Islands Village, with its array of restaurants and shops. Additionally, the home is only minutes from Downtown Tampa, Water Street, Sparkman Wharf, and the Tampa Riverwalk, making it a city within a city. Furthermore, this home is located within the boundaries of the highly-rated Gorrie Elementary, Wilson Middle School, and Plant High School.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.141% | 7.082% |
Monthly Tax Payment | $1,168 | $1,168 | $1,168 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,058 | $7,957 | $10,667 |
Total Monthly Payment | $9,351 | $9,250 | $11,960 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.