$5,050,000
$6,480,000
22.1%For more information regarding the value of a property, please contact us for a free consultation.
12,622 SqFt
SOLD DATE : 08/20/2021
Key Details
Sold Price $5,050,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,622 sqft
Price per Sqft $400
Subdivision Davis Islands Pb10 Pg52 To 57
MLS Listing ID T3188905
Sold Date 08/20/21
Construction Status No Contingency
HOA Y/N No
Year Built 1925
Annual Tax Amount $25,414
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions irrg
Property Description
Once in a lifetime opportunity to own this income producing gem. Historic Villa de Leon is an iconic & monumental Davis Islands property. Built 1925 by D.P. Davis. Quaint courtyard w/ fountain leads to 22 units. Original hardwood floors, high ceilings, arch doorways - all maintained w/ love & care. Solid concrete block construction all the way to the roof!! Fully furnished units w/ an European flair. 19 -one bedroom & 3 -two bedroom air conditioned apartments. 2 of the units are 2-story. Some fireplaces. Most units have separate dining rooms. Gas stoves. Truly old world charm that you feel & appreciate the minute you walk in. 1 unit has a private roof top deck w/ waterviews. Penthouse unit includes 5th floor tower. New packaged A/C units 2 years ago. Fire alarm system 1-year old. All units have front doors & kitchen doors leading to staircases. On-site laundry facility. Mixed use as a boutique hotel & monthly furnished apartments. One of Davis Islands' jewels. Grand view of the Villa de Leon property once you travel over the Davis Island bridge. First time on the market--same ownership for 47 years! Minutes to Downtown Tampa, Channelside, Tampa General Hospital, Bayshore Blvd, University Tampa, Riverwalk, Sparkman's Wharf, Hyde Park Village, SoHo, Ybor & more. Perfect for Airbnb. Opportunity to purchase adjacent home @ 23 Adalia for addl parking @ additional $ (lot size 5,472 sq.ft. w/ existing 2/2 w/ 2 car garage on-site). Pls do not walk the property unattended. See Youtube video attached.
Location
State FL
County Hillsborough
Community Davis Islands Pb10 Pg52 To 57
Zoning RM-24
Interior
Heating Electric
Cooling Mini-Split Unit(s)
Fireplaces Type Living Room
Furnishings Furnished
Fireplace true
Laundry Inside
Exterior
Exterior Feature Lighting, Sidewalk
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected
Waterfront false
Roof Type Other,Tile
Garage false
Private Pool No
Building
Entry Level One
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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