RARE NEW CONSTRUCTION OPPORTUNITY - PREMIER WATERFRONT LOT | Seize this exceptional new construction opportunity on the renowned Riviera Drive in Davis Islands. Offering 77 feet of direct waterfront frontage with unobstructed open bay views of Hillsborough Bay, this prime 0.30-acre lot is the perfect canvas to build a custom luxury estate in one of Tampa’s most sought-after waterfront communities. The existing home, a 4-bedroom, 2.5-bath mid-century ranch, sustained significant damage and flooding from Hurricane Helene and is being sold as a teardown, making this an ideal site for new construction. This is a rare chance to create a modern waterfront masterpiece with expansive indoor-outdoor living, a private dock, and unparalleled views. The concrete seawall provides a strong foundation for future development, maximizing the potential of this premier location. Situated minutes from downtown Tampa, Davis Islands is known for its exclusive island lifestyle, featuring a marina, public boat ramps, a private airport, a dog park, and golf cart-friendly streets. This coveted community offers the perfect blend of privacy and accessibility, with top-tier dining, shopping, and entertainment nearby.
Sold for $5,450,000
$5,450,000
594 Riviera Dr, Tampa, FL 33606
4beds
2,285sqft
Single Family Residence
Built in 1958
0.3 Acres Lot
$5,277,900 Zestimate®
$2,385/sqft
$6,910 Estimated rent
Home value
$5,277,900
Estimated sales range
Not available
$6,910/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing Provided by:
Jeramiah Bustin 813-857-2120,
ENGEL & VOLKERS SOUTH TAMPA 813-448-2876
Bought with:
Jeramiah Bustin, 3055718
ENGEL & VOLKERS SOUTH TAMPA
Source: Stellar MLS,MLS#: TB8359139
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: Other
Features
- Other
- Flooring: Other
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 3,087
- Total interior livable area: 2,285 sqft
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalk, Storage
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Water, Bay/Harbor - Full
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full
- Waterfront features: Bay/Harbor, Bay/Harbor Access, Seawall
- Body of water: HILLSBOROUGH BAY
Lot
- Size: 0.30 Acres
- Dimensions: 77 x 167
- Features: FloodZone, City Lot, Sidewalk
Details
- Additional structures: Storage
- Parcel number: A36291850900004800036.0
- Zoning: RS-75
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Other
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected
Community & neighborhood
Community
- Community features: Marina, Public Boat Ramp, Airport/Runway, Dog Park, Golf Carts OK, Pool
Location
- Region: Tampa
- Subdivision: DAVIS ISLANDS PB10 PG52 TO 57
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2025 | Sold | $5,450,000-8.4%$2,385/sqft |
Source:  Stellar MLS #TB8359139 Report a problem | ||
| 3/10/2025 | Pending sale | $5,950,000$2,604/sqft |
Source: Stellar MLS #TB8359139 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,814 +3.5% | $5,105,848 +707.4% |
| 2024 | $11,415 +2.4% | $632,388 +3% |
| 2023 | $11,151 +1.7% | $613,969 +3% |
| 2022 | $10,959 +1.1% | $596,086 +3% |
| 2021 | $10,843 +0.9% | $578,724 +1.4% |
| 2020 | $10,749 +1.7% | $570,734 +2.3% |
| 2019 | $10,571 | $557,902 +1.9% |
| 2018 | $10,571 +0.6% | $547,500 -68.6% |
| 2017 | $10,507 +1.3% | $1,745,932 +232.4% |
| 2016 | $10,372 +2.9% | $525,210 +0.7% |
| 2015 | $10,079 +0.6% | $521,559 +0.8% |
| 2014 | $10,015 | $517,420 +1.5% |
| 2013 | $10,015 +0.5% | $509,773 +1.7% |
| 2012 | $9,967 +3.1% | $501,252 +3% |
| 2011 | $9,672 +2.3% | $486,652 +1.5% |
| 2010 | $9,450 +2.3% | $479,460 +2.7% |
| 2009 | $9,235 -0.4% | $466,855 +0.1% |
| 2008 | $9,269 +0.6% | $466,389 +3% |
| 2007 | $9,213 -6.1% | $452,805 +2.5% |
| 2006 | $9,816 +0.2% | $441,761 +3% |
| 2005 | $9,800 | $428,894 +3% |
| 2004 | -- | $416,402 +1.9% |
| 2003 | -- | $408,638 +2.4% |
| 2002 | -- | $399,061 +1.6% |
| 2001 | -- | $392,777 -32.5% |
| 2000 | $9,086 | $581,857 |
Find assessor info on the county website
Neighborhood: Davis Island
Nearby schools
GreatSchools rating
- 10/10Gorrie Elementary SchoolGrades: K-5Distance: 1.9 mi
- 9/10Wilson Middle SchoolGrades: 6-8Distance: 1.8 mi
- 8/10Plant High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Gorrie-HB
- Middle: Wilson-HB
- High: Plant-HB
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$5,277,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,277,900
- Florida
- Hillsborough County
- Tampa
- 33606
- Davis Island
- 594 Riviera Dr
Nearby cities
Nearby neighborhoods
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