Seller's Agent in 2026
Jim Knetsch
LPT REALTY, LLC
(813) 629-0341
2 in this area
111 Total Sales
503 Severn Ave Tampa, FL 33606
Davis Islands NeighborhoodEstimated Value: $1,088,000 - $1,112,996
3
Beds
2.5
Baths
2,284
Sq Ft
$484/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- Living Room
- Gorrie Elementary School Rated A-
- 2 Car Attached Garage
- Central Heating and Cooling System
About This Home
As of February 2026Prime Opportunity on Davis Island to Build Your Dream Home. 503 Severn Avenue presents a rare chance to own a premier corner lot in one of Tampa Bay’s most sought-after communities. Just minutes from Downtown Tampa, yet nestled in the heart of a laid-back and welcoming island, this property offers the perfect setting for the custom home you have always dreamed of.
With more than 1⁄4 acre of land, there’s ample space to design a luxury home that fits your lifestyle. The existing structure was significantly damaged during the 2024 hurricane and is being sold as a tear-down, with value placed entirely in the land. Bring your architect, builder, and vision - this is an opportunity to create something extraordinary in an exceptional location.
Why Davis Island? Life here is the best of both worlds: a relaxed, coastal island atmosphere combined with easy access to world-class city amenities. Enjoy strolls along tree-lined streets to waterfront parks, playgrounds, tennis courts, dog parks, and the sandy Davis Islands Beach. Boating enthusiasts will appreciate proximity to both the private Davis Islands Yacht Club and the public Marjorie Park Yacht Basin, with slips accommodating vessels up to 95 feet. The island is also home to Peter O. Knight Airport and is just minutes from Tampa General Hospital, Amalie Arena, the Riverwalk, top-rated schools, and Tampa International Airport.
Davis Islands isn’t just a location - it’s a lifestyle and a community. Whether you envision a modern estate or a timeless island retreat, 503 Severn Avenue is the foundation to make it a reality. Also listed as Residential Land on MLS TB8430262
Last Agent to Sell the Property
LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3015997 Listed on: 09/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,642
Year Built
- Built in 1964
Lot Details
- 11,396 Sq Ft Lot
- Lot Dimensions are 103.6x110
- West Facing Home
- Corner Lot
- Property is zoned RS-75
Parking
- 2 Car Attached Garage
Home Design
- Fixer Upper
- Slab Foundation
- Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,284 Sq Ft Home
- 1-Story Property
- Living Room
- Concrete Flooring
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Gorrie Elementary School
- Wilson Middle School
- Plant High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Byars Thompson Add Davis Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 1 / 3
- Assessor Parcel Number A-36-29-18-50I-000003-00001.0
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2025
Closed on
Feb 17, 2026
Sold by
Bought by
Seller's Agent
Jim Knetsch
LPT REALTY, LLC
Buyer's Agent
Brad Gordon
RE/MAX MARKETING SPECIALISTS
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,749
Avg. Annual Appreciation
0.98%
Purchase Details
Closed on
Dec 30, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,600
Interest Rate
0.0408%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 1998
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,100,000 | Stewart Title | ||
| $602,000 | Attorney | ||
| -- | None Available | ||
| -- | Attorney | ||
| $241,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | ||
| Closed | $561,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/17/2026 02/17/26 | Sold | $1,100,000 | -12.0% | $482 / Sq Ft |
| 01/28/2026 01/28/26 | Pending | -- | -- | -- |
| 09/26/2025 09/26/25 | For Sale | $1,250,000 | -- | $547 / Sq Ft |
Source: Stellar MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $8,336 | $453,244 | ||
| 2024 | $10,642 | $591,785 | ||
| 2023 | $10,394 | $574,549 | $0 | $0 |
| 2022 | $10,133 | $557,815 | $0 | $0 |
| 2021 | $10,022 | $541,568 | $0 | $0 |
| 2020 | $9,885 | $531,736 | $0 | $0 |
| 2019 | $9,717 | $519,781 | $0 | $0 |
| 2018 | $9,655 | $510,089 | $0 | $0 |
| 2017 | $10,227 | $486,676 | $0 | $0 |
| 2016 | $4,683 | $260,482 | $0 | $0 |
| 2015 | $4,656 | $258,671 | $0 | $0 |
| 2014 | $4,568 | $256,618 | $0 | $0 |
| 2013 | -- | $252,826 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Knetsch
-
Charlene Knetsch PA
C
Seller Co-Listing Agent in 2026
Charlene Knetsch PA
LPT REALTY, LLC
(813) 892-5059
1 in this area
30 Total Sales
-
Brad Gordon
Buyer's Agent in 2026
Brad Gordon
RE/MAX
(727) 240-7300
1 in this area
22 Total Sales
-
Ross Hardy
Buyer Co-Listing Agent in 2026
Ross Hardy
RE/MAX
(352) 428-3017
1 in this area
674 Total Sales
Map
Source: Stellar MLS
MLS Number: TB8430256
APN: A-36-29-18-50I-000003-00001.0
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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