NOT LISTED FOR SALE

116 Adalia Ave Tampa, FL 33606

Davis Islands Neighborhood

Estimated Value: $4,174,000 - $9,007,569

6 Beds
7.5 Baths
7,674 Sq Ft
$898/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $4,345,000 $566 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $41,959/month

136 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Guest House
  • New Construction
  • Gorrie Elementary School Rated A-
  • Water access To Gulf or Ocean To Bay
  • In Ground Pool

About This Home

As of March 2019

PRE-CONSTRUCTION - To be Built - Madison Homes new Davis Islands waterfront masterpiece reveals the latest in luxury residential design with exceptional finishes and a fresh Modern Farmhouse architectural style. From its impressive elevation to the alluring outdoor entertainment spaces, this home is a stunning statement of refinement. Perfectly positioned on an extra deep over-sized waterfront site along the Adalia/Baltic canal, this impressive 7674 sf home will feature sweeping water and downtown skyline views from several vantage points. There is still time to add your personal touches to what will undoubtedly be the new signature home for Davis Islands.

Last Agent to Sell the Property

Mike Hughes

COMPASS FLORIDA LLC License #468492 Listed on: 10/30/2018

COMPASS FLORIDA LLC

Co-Listed By

Jeff Shelton

COMPASS FLORIDA LLC License #634923

Last Buyer's Agent

Kim Klace

KLACE AND COMPANY REAL ESTATE License #3067463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,543

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 75 x 185
  • 75 Feet of Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Fenced
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RS-75

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Home in Pre-Construction
  • Slab Foundation
  • Shingle Roof
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,674 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Breakfast Room
  • Den
  • Loft
  • Bonus Room
  • Inside Utility
  • Canal Views

Kitchen

  • Built-In Convection Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Dock made with Composite Material
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Additional Homes

  • Guest House

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • City Lot

Schools

  • Gorrie Elementary School
  • Wilson Middle School
  • Plant High School

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Davis Islands Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,543

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Pre-Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 7674
  • Lot Size Acres: 0.31
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 10794
  • Lot Size Sq Ft: 13875
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3139216&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3139216&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Projected Completion Date: 2019-12-31T05:00:00.000Z
  • Ratio: Close Price\List Price: 0.96663
  • Price per Sq Ft: 566.2
  • Close to Original List Price Ratio: 0.96663
  • Ratio: Current Price\Building Area Total: 402.54
  • View: Yes
  • Co List Office Mls Id: 639501
  • Co List Office Phone: 813-286-6563
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2017
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile, Hardwood
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Elevator, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows
  • Room Count: 15
  • Additional Rooms: Bonus Room, Breakfast Room Separate, Den/Library/Office, Great Room, Inside Utility, Interior In-Law Suite, Loft
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Other Structures: Guest House, Outdoor Kitchen
  • Pool Features: Gunite, In Ground, Salt Water
  • Exterior Features: Balcony, Fenced, French Doors, Irrigation System, Outdoor Grill, Outdoor Kitchen
  • Roof: Metal, Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Rear Porch
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean to Bay
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12057C0362H
  • Waterfront Frontage: 75
  • Water Frontage Feet Canal Salt: 75

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Gas, Public, Sewer Available
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Gorrie-HB
  • High School: Plant-HB
  • Middle Or Junior School: Wilson-HB

Lot Info

  • Zoning: RS-75
  • Parcel Number: A-25-29-18-509-000006-00058.0
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, City Lot, Oversized Lot
  • Lot Dimensions: 75 x 185
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 26543
  • Tax Block: 6
  • Tax Book Number: 10-52
  • Tax Lot: 58

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Mar 21, 2019
Sold by
Madison Construction Inc
Bought by
Revoca Nachtrab Matthew Joseph
Seller's Agent
Mike Hughes
COMPASS FLORIDA LLC
Buyer's Agent
Kim Klace
KLACE AND COMPANY REAL ESTATE
List Price
$4,495,000
Sold Price
$4,345,000
Premium/Discount to List
-$150,000
-3.34%
Current Estimated Value
$6,894,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,549,856
Avg. Annual Appreciation
7.19%

Purchase Details

Listed on
Jan 23, 2018
Closed on
Jan 19, 2018
Sold by
Mandt Richard D
Bought by
Madison Construction Inc
Seller's Agent
Jeanne Wolfe
SMITH & ASSOCIATES REAL ESTATE
Buyer's Agent
Mike Hughes
COMPASS FLORIDA LLC
List Price
$2,600,000
Sold Price
$2,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.69%
Original Mortgage
$1,820,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 1998
Sold by
Ferwerda Frederick M and Ferwerda Diane
Bought by
Mandt Richard D and Mandt Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Revoca Nachtrab Matthew Joseph $1,700,000 Tampa Title Company
Madison Construction Inc $2,600,000 Attorney
Mandt Richard D $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madison Construction Inc $1,820,000
Previous Owner Mandt Richard D $636,000
Previous Owner Mandt Richard D $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2019 03/21/19 Sold $4,345,000 -3.3% $566 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
10/30/2018 10/30/18 For Sale $4,495,000 +72.9% $586 / Sq Ft
04/23/2018 04/23/18 Off Market $2,600,000 -- --
01/23/2018 01/23/18 Sold $2,600,000 0.0% $827 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $2,600,000 -- $827 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $68,294 $3,603,717 -- --
2023 $66,826 $3,498,754 $0 $0
2022 $65,259 $3,396,849 $0 $0
2021 $64,653 $3,297,912 $1,315,630 $1,982,282
2020 $21,557 $1,086,067 $1,083,460 $2,607
2019 $21,799 $1,088,302 $1,083,460 $4,842
2018 $26,853 $1,342,434 $0 $0
2017 $26,543 $1,811,892 $0 $0
2016 $25,813 $1,287,780 $0 $0
2015 $25,964 $1,278,828 $0 $0
2014 $25,790 $1,268,679 $0 $0
2013 -- $1,249,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Hughes

    Seller's Agent in 2019

    Mike Hughes

    COMPASS FLORIDA LLC

    (813) 690-2811

    8 Total Sales

    Mike Hughes
    Section Image
  • Jeff Shelton

    Seller Co-Listing Agent in 2019

    Jeff Shelton

    COMPASS FLORIDA LLC

    (813) 690-1688

    3 in this area

    138 Total Sales

    Jeff Shelton
    Section Image
  • Kim Klace

    Buyer's Agent in 2019

    Kim Klace

    KLACE AND COMPANY REAL ESTATE

    (813) 574-6776

    21 Total Sales

    Kim Klace
    Section Image
  • Jeanne Wolfe

    Seller's Agent in 2018

    Jeanne Wolfe

    SMITH & ASSOCIATES REAL ESTATE

    (813) 997-7654

    44 in this area

    133 Total Sales

    Jeanne Wolfe
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3139216

Stellar MLS

APN: A-25-29-18-509-000006-00058.0

Florida Hillsborough County Tampa 33606 Davis Islands

116 Adalia Ave, Tampa, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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