547 SUWANEE CIRCLE, Tampa, FL, 33606 | $1,700,000

547 Suwanee Circle – Waterfront Opportunity on Davis Islands Prime waterfront location on Davis Islands—a rare opportunity for luxury home builders or those looking to restore a mid-century gem. Situated on . 23 acres with 78 feet of water frontage along the Suwanee Canal, this property offers direct access to the Bay with a fishing dock and old-school boat lift. This 3-bedroom, 3-bathroom, 2, 368 sq ft home, built in 1960, is surrounded by multi-million-dollar estates. This property is being sold AS IS, presenting an excellent opportunity to either restore the existing home or tear down and build new. NO HOA and NO CDD community. Davis Islands is a golf cart-friendly community with a vibrant village featuring restaurants, cafes, shopping, a post office, and essential services like a bank, fire department, and Tampa General Hospital. Residents enjoy access to a private airport, marina, public boat ramp, clay tennis courts, dog parks, playgrounds, a community pool, and various recreational facilities. The home lies within the highly desirable Gorrie, Wilson, and Plant school district (all A-rated schools) and is just minutes from Downtown Tampa, Tampa International Airport, MacDill Air Force Base, Bayshore Boulevard, Hyde Park Village, Riverwalk, Sparkman Wharf, and Water Street. Whether you’re looking to renovate or build your dream waterfront estate, this prime Davis Islands property offers endless potential. Room sizes are approximate; all information is deemed accurate but should be verified. Don’t miss out on this exceptional investment opportunity!

Features

  • Lot Size: 75 x 132
  • Lot Desc: Buildable, Cleared, Historic District, Irregular Lot, Landscaped, Level, Near Public Transit, Sidewalk
  • View: Water
  • MLS#: TB8357261
  • Days on Market: 52 days
  • Website: https://www.raveis.com
    /prop/TB8357261/547suwaneecircle_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/6/2025 12:08:06 AM)
Listing courtesy of ALIGN RIGHT REALTY SOUTH SHORE   Phone: 813-645-4663

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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547 SUWANEE CIRCLE, Tampa, FL, 33606

$1,700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,360,000 $1,360,000 $1,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.739% 6.560%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,264 $8,708 $11,754
Total Monthly Payment $8,389 $8,833 $11,879

* 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.