NOT LISTED FOR SALE

48 Adalia Ave Tampa, FL 33606

Davis Islands Neighborhood

Estimated Value: $4,429,000 - $10,173,307

6 Beds
7.5 Baths
7,367 Sq Ft
$1,152/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $12,300,000 $1,670 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $59,732/month

14 Days on Market

Highlights

  • 76 Feet of Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Gorrie Elementary School Rated A-
  • Boat Lift
  • In Ground Pool

About This Home

As of September 2022

Bayfront Luxury on Davis Islands. Award-winning contemporary design by Monogram Builders masterfully updated in 2018 welcomes you to dramatic open bay views and spectacular sunsets from this exclusive waterfront community. Experience superior design and the epitome of waterfront luxury featuring floor-to-ceiling windows and impressive ceiling heights, dual-sided fireplace, multiple waterfront terraces, heated waterfront pool, private dock and lift. A sleek European chef’s kitchen is equipped with top-of-the-line appliances, butler’s pantry, breakfast area and full entertaining bar overlooking the great room and coral stone feature wall. Additional living spaces include a formal dining room, first floor guest suite, executive den/office, gym and state-of-the-art media room. A master retreat provides the perfect escape with stunning water views, spa-inspired bath and private waterfront terrace. An outdoor oasis awaits with generous spaces to entertain, along with an outdoor kitchen and covered terrace, pool bath, fire pit and expansive lawn. Additional appointments include surround sound, media screen and sound system, spacious en suite bedrooms, designer lighting and plantation shutters. Spend endless hours on the water or walk to downtown Tampa and the Riverwalk from this coveted location. Residents enjoy an abundance of community recreational options, sailing and yacht club, tennis complex and community pools, private airport, Davis Islands Beach, parks, A-rated schools and convenience to numerous sports venues, beaches, shopping, dining, and entertainment.

Last Agent to Sell the Property

Jennifer Zales

COLDWELL BANKER REALTY License #3235776 Listed on: 06/28/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Heidi Odio

COMPASS FLORIDA LLC License #3321018

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,921

Year Built

  • Built in 2004

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 76x218
  • 76 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Metered Sprinkler System
  • Property is zoned RS-75

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,367 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Pool

  • In Ground Pool
  • Gunite Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Access to Bay or Harbor
  • Seawall
  • Boat Lift
  • Open Dock
  • Balcony
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Davis Islands Pb10 Pg52 To 57 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,921

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 7367
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 9272
  • Lot Size Sq Ft: 16200
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3383966?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3383966?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94652
  • Price per Sq Ft: 1669.61
  • Close to Original List Price Ratio: 0.94652
  • Ratio: Current Price\Building Area Total: 1326.57
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Hardwood
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Spa Yn: Yes
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sprinkler Metered
  • Roof: Metal
  • Pool Private: Yes
  • Water Body Name: Hillsborough Bay
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Open, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12057C0362J
  • Waterfront Frontage: 76
  • Water Frontage Feet Bay Harbor: 76

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • 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-25-29-18-509-000006-00025.0
  • Additional Parcels: No
  • Lot Dimensions: 76x218
  • Flood Zone Code: VE
  • Flood Zone Date: 2021-10-07
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 73921
  • Tax Block: 6
  • Tax Book Number: 10-52
  • Tax Lot: 25

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Sep 16, 2022
Sold by
Scott Hills Jeffery
Bought by
Laurentiu O Vlad Living Trust
Seller's Agent
Jennifer Zales
COLDWELL BANKER REALTY
Buyer's Agent
Heidi Odio
COMPASS FLORIDA LLC
List Price
$12,995,000
Sold Price
$12,300,000
Premium/Discount to List
-$695,000
-5.35%
Views
21
Current Estimated Value
$8,489,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,810,673
Avg. Annual Appreciation
-11.07%

Purchase Details

Listed on
Nov 15, 2021
Closed on
Nov 12, 2021
Sold by
48 Adalia Avenue Llc
Bought by
Hills Jeffery Scott
Seller's Agent
Allan Mezrah
THE TONI EVERETT COMPANY
Buyer's Agent
Jennifer Zales
COLDWELL BANKER REALTY
List Price
$11,500,000
Sold Price
$11,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Sep 26, 2017
Sold by
West Benjamin Bion and West Laura Farrell
Bought by
48 Adalia Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2001
Sold by
Schwartz Charlotte C
Bought by
West Benjamin B

Purchase Details

Closed on
Nov 4, 1994
Sold by
Schwartz J Leon and Schwartz Charlotte
Bought by
Schwartz Charlotte
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Laurentiu O Vlad Living Trust $12,300,000 Bayshore Title
Hills Jeffery Scott $11,500,000 Bayshore Title
48 Adalia Avenue Llc $5,200,000 Tampa Title Co
West Benjamin B $925,000 --
Schwartz Charlotte -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 48 Adalia Avenue Llc $390,000
Previous Owner West Benjamin B $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $12,300,000 -5.3% $1,670 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $12,995,000 +13.0% $1,764 / Sq Ft
11/15/2021 11/15/21 Sold $11,500,000 0.0% $1,561 / Sq Ft View Prior Sale
11/15/2021 11/15/21 For Sale $11,500,000 -- $1,561 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
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 $180,922 $9,517,858 -- --
2023 $177,055 $9,240,639 $4,537,500 $4,703,139
2022 $135,327 $7,024,841 $3,300,000 $3,724,841
2021 $73,921 $3,768,059 $0 $0
2020 $73,381 $3,716,035 $0 $0
2019 $72,343 $3,632,488 $0 $0
2018 $72,056 $3,564,758 $0 $0
2017 $45,532 $3,022,074 $0 $0
2016 $44,294 $2,192,622 $0 $0
2015 $44,647 $2,177,380 $0 $0
2014 -- $2,160,099 $0 $0
2013 -- $2,128,176 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Zales

    Seller's Agent in 2022

    Jennifer Zales

    COLDWELL BANKER REALTY

    (813) 758-3443

    18 in this area

    204 Total Sales

    Jennifer Zales
    Section Image

  • H

    Buyer's Agent in 2022

    Heidi Odio

    COMPASS FLORIDA LLC

    (305) 851-2820

    5 in this area

    28 Total Sales

    Heidi Odio
    Section Image

  • K

    Buyer Co-Listing Agent in 2022

    Kerry Lather

    COMPASS FLORIDA LLC

    (212) 913-9058

    2 in this area

    21 Total Sales

    Kerry Lather
    Section Image
  • Allan Mezrah

    Seller's Agent in 2021

    Allan Mezrah

    THE TONI EVERETT COMPANY

    (813) 839-5000

    33 in this area

    59 Total Sales

    Allan Mezrah
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3383966

Stellar MLS

APN: A-25-29-18-509-000006-00025.0

Florida Hillsborough County Tampa 33606 Davis Islands

48 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.

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

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