Very rare double lot on Davis Islands. Incredibly expansive 107 ft x 122 ft homesite ideal for added privacy and/or to build your custom masterpiece. Jamaica Ave is one of the quiet streets on the island. The current home has been beautifully remodeled with all the modern updates and functionality one could want while keeping the original home's charm and character. This craftsman ranch style home features 4 beds/2.5 baths/ oversized 2-car garage and has an excellent open concept design rarely found in a home built in this period. The formal living room has an original wood-burning fireplace you don't find in most new homes, with a gorgeous driftwood modern mantel and stacked stone installed to the ceiling. It is located right off the kitchen, making it perfect for entertaining. The 6 ft wide picture window exquisitely frames this space. The Kitchen is open to both the formal living and family rooms. Great for social events and conversation. This peninsula comfortably fits 4 bar stools. You have all the equipment any chef would want, including a chef's cooking island w/ 5 burner gas cooktop, griddle, commercial hood, double ovens, and lots of counter space w/ multiple prepping stations. It isn't just functional; it also has personality with the Tiffany Blue cabinets. The separate formal dining room creates an intimate private setting perfect for exquisite dinners with family and friends. The original 1950s double swing door leading directly to the kitchen continues the theme of function and charm. The expansive 22 ft by 20 ft family room is ideal for entertaining large groups of family and friends. The double set of impact sliders provides natural light and frames the backyard perfectly. It seamlessly blends Florida indoor and outdoor living. Modern upgrades include impact windows/doors, remodeled bathrooms with stylish, high-quality materials, added insulation, LED lighting, remodeled gourmet kitchen, an incredible paver circular drive that comfortably fits 7 cars, a travertine back yard with a deck ideal for outdoor entertaining, and so much more. The island offers plenty of activities for all ages to enjoy year-round. Sailing, boating, fishing, paddle boarding, bike riding, jogging, shopping, and fine dining are just a few of the activities offered conveniently right outside your front door. Those looking for great schools will be happy to know that this home is in the HIGHLY RATED Gorrie, Wilson, and Plant School Districts! All of this is being offered at the best value on the Island. For those focused on the financials of this home. You will be happy to know the home sits higher than similar homes on the island, causing the flood insurance to be much less expensive than comparable homes on the island. The current flood policy is only $2,560 annually, and the policy is assumable. If you are looking at this property as a potential investment property, this property is a cash flow machine. According to two short-term rental property management companies, gross rental projections are between $170,000-$193,000 annually. Ask about the special financing programs available for this home, with rates as low as 4.875%.

Listing courtesy of STELLAR_MLS / KELLER WILLIAMS TAMPA PROP.

Last checked: Checking… • Last updated Feb 27, 2024 • Source: STELLAR_MLS

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