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Rare Opportunity with Coastal Views: 2405 Davis St, Tampa
Positioned just one block from the McKay Bay shoreline, this prime 50x101. 5 lot offers a rare chance to build in the heart of historic Palmetto Beach. Whether you are an investor looking for a high-value project or a homeowner dreaming of a custom retreat, this location provides the perfect canvas for a residence that balances urban proximity with coastal serenity.
The Lot & Location
Dimensions: 50’ x 101. 5’ (Cleared and level).
Views: Enjoy refreshing water views of the bay and harbor right from your future front porch.
Lifestyle: Steps away from neighborhood parks and the waterfront, offering a "nautical" feel while being minutes from Tampa’s most transformative districts.
Connectivity: Perfectly placed between the high-energy Gasworx District, the historic charm of Ybor City, and the professional hub of Downtown Tampa.
Build Your Vision
This property isn't just land; it’s a streamlined path to your new home. An available builder is ready to bring your vision to life with expertise in storm-resilient, elevated construction.
Pre-Engineered Models: Choose from existing coastal-inspired floor plans—such as 1, 500 sq. ft. or 2, 000 sq. ft. stilt-home designs—specifically engineered for the Palmetto Beach landscape.
Resilience & Savings: Modern elevated designs are optimized for maximum air-conditioned luxury while significantly reducing flood insurance costs.
Customization: Work with the builder to select designer finishes, from vaulted ceilings to high-end cabinetry, ensuring the home reflects your personal style.
Investment Potential
Palmetto Beach is one of Tampa’s most emerging neighborhoods. With the proximity to the new Gasworx development and ongoing revitalization, this RS-50 zoned lot represents a strategic buy-and-hold or immediate build opportunity.
Ready to break ground? Inquire today for details on available house plans, builder financing options!
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Our Executive Mortgage Banker:
Our Insurance Division:
$224,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $179,200 | $179,200 | $179,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,073 | $1,118 | $1,476 |
| Total Monthly Payment | $1,148 | $1,193 | $1,551 |
* 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.