Davis Islands in Tampa

Davis Islands Homes for Sale in Tampa, FL

Historic island neighborhood · Tampa, Hillsborough County · ZIP 33606

Tampa's iconic man-made island neighborhood, waterfront living minutes from downtown.

Waterfront islandWalkable villageMinutes from downtown
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
Davis Islands is a barrier-style island neighborhood where flood zone, elevation, and insurance drive the buy as much as the address.
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Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseStellar MLS
n/a
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Davis Islands is one of Tampa's most iconic neighborhoods, a pair of man-made islands in Hillsborough Bay just south of downtown, so the read is by home and parcel: 1920s Mediterranean Revival homes, mid-century houses, condos, and new builds line the streets and the waterfront, where the parcel, the elevation, the flood and insurance picture, and any seawall or dock drive value as much as the address. The walkable village, the yacht club, the airport, and Tampa General anchor the lifestyle. Your leverage is reading the flood zone, elevation, and insurability honestly and pricing the waterfront and location against real comps."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Davis Islands is a historic neighborhood on a pair of man-made islands in Hillsborough Bay, just south of downtown Tampa and Hyde Park, created in the 1920s by developer D.P. Davis (community sources and history, 2026).

It blends 1920s Mediterranean Revival homes and bungalows with mid-century houses, condos, and new waterfront builds, around a walkable village of shops and restaurants. The islands are home to the Peter O. Knight Airport, the Davis Islands Yacht Club, marinas, a public dog and people beach, and Tampa General Hospital. Most single-family homes carry no mandatory HOA; condos carry association fees. There is no CDD.

This is an iconic, in-town island market where the parcel and the water matter, so the money is made or lost on the parcel, the elevation, the flood and insurance picture, and an honest read of condition and any seawall or dock, not just the address.

The pitch is a walkable, waterfront island lifestyle minutes from downtown, the Riverwalk, and Hyde Park, with a yacht club, marinas, and an airport on the island. The trade is the flood, wind, and insurance reality of a low-lying bay island. The work is reading the flood zone and elevation, quoting insurance, and verifying any seawall and dock before you offer.

Best for

  • Buyers who want an iconic, walkable island neighborhood near downtown
  • Buyers who value waterfront, marinas, and a yacht club
  • Buyers comfortable underwriting flood, wind, and insurance
  • Buyers comparing historic homes, condos, and new waterfront builds

Probably not for

  • Buyers who want a low-cost, low-insurance inland home
  • Anyone unwilling to verify flood zone, elevation, and insurance
  • Buyers who want a master-plan amenity community
  • Buyers who want a quiet, low-density suburban setting

How Davis Islands is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
72Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Davis Islands listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Davis Islands buys, holds, and resells. See the five factors.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

Davis Islands puts a walkable, waterfront island lifestyle minutes from downtown Tampa, Hyde Park, and the Riverwalk, the iconic in-town case, underwritten honestly for flood and insurance.

Downtown Tampa and the Riverwalk~5 to 10 min · across the channel
Hyde Park Village~5 to 10 min · shopping and dining
Tampa General Hospital~2 to 5 min · on the island
Davis Islands Yacht Club and marinas~2 to 5 min · on the island
Interstate 4 and the Selmon~8 to 12 min · regional access
Tampa International Airport~15 to 25 min · via the Selmon
Bayshore Boulevard~5 to 10 min · waterfront

Distances and times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Davis Islands Homes for Sale in Tampa, FL with Momentum Realty’s local guides.

STSt Tropez at Harbour Island Homes for Sale in Tampa, FLTampa, FL · 0.1 miDPDavis Point Homes for Sale in Tampa, FLTampa, FL · 0.3 miTAThe Townhomes atHarbour Bay Homes for Sale in Tampa, FLTampa, FL · 0.3 miDIDavis Islands Homes for Sale in Tampa, FLTampa, FL · 0.5 miHPHarbour PlaceCity Homes in Tampa, FLTampa, FL · 0.6 miPIThe PlazaHarbour Island Homes for Sale in Tampa, FLTampa, FL · 0.6 miHHHarbourside at Harbour Island Homes for Sale in Tampa, FLTampa, FL · 0.6 miHHHarbor Homes in Tampa, FLTampa, FL · 0.7 miIWIsland Walk Homes for Sale in Tampa, FLTampa, FL · 0.7 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Davis Islands (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Hillsborough County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Davis Islands is served by Hillsborough County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Hillsborough County Schools (verify by address)

Verifyrating
By address

Confirm zoned elementary, middle, and high

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any Davis Islands address.

The takeaway

What is actually shaping value on Davis Islands: an iconic in-town island address near downtown, the walkable village and waterfront amenities, and the rising weight of flood and wind insurance on a low-lying island. Each item is sourced and linked.

Recent Developments in Davis Islands

Our read on what is being built around Davis Islands, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishScarce iconic island waterfront near downtown supports strong long-term demand, with the watch items being flood and wind insurance costs and elevation considerations.

Iconic in-town island address

Ongoing
BullishMajor impact
SignificanceRadius: City

A scarce, walkable, historic island neighborhood minutes from downtown Tampa supports durable demand and prestige.

Flood and wind insurance weight

Ongoing
BearishMajor impact
SignificanceRadius: Area

Rising flood and wind insurance costs on a low-lying bay island are a central factor buyers must underwrite.

Walkable village and waterfront

Ongoing
BullishNotable impact
SignificanceRadius: On-site

A walkable shopping village, marinas, a yacht club, and a public beach anchor the lifestyle premium.

Elevation and rebuilding considerations

Ongoing
NeutralNotable impact
SignificanceRadius: Area

Elevation certificates and substantial-improvement rules shape renovations and rebuilds on the island.

Mix of historic homes and new builds

Ongoing
NeutralNotable impact
SignificanceRadius: Community

Historic homes, condos, and elevated new builds trade differently, so value must be read by product.

Hospital and airport on the island

Ongoing
BullishMinor impact
SignificanceRadius: On-site

Tampa General Hospital and Peter O. Knight Airport add unique island infrastructure and convenience.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Davis Islands, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. January 2026
    Market

    Davis Islands remains an iconic in-town Tampa island neighborhood

    Davis Islands is described as a historic 1920s man-made island neighborhood in Hillsborough Bay south of downtown Tampa, with Mediterranean Revival homes, a walkable village, a yacht club, marinas, an airport, and Tampa General Hospital. Why it matters: A scarce, iconic island address near downtown supports the neighborhood's strong, durable demand. Source

  2. January 2025
    Civic

    Island ownership shaped by flood and insurance

    Davis Islands home values increasingly turn on flood and wind insurance and on FEMA elevation considerations for the low-lying bay island, driving elevated new construction alongside the historic homes. Why it matters: Underwriting the insurance and elevation picture is central to valuing any island home. Source

Development alerts for Davis IslandsGet a short monthly email when something new is approved, funded, or opens near Davis Islands.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Davis Islands, this is the order of operations we would run, and the one we run for our clients.

1

Read the flood zone and elevation first. On a low-lying bay island, the FEMA flood zone, the base flood elevation, and the elevation certificate drive cost and insurability.

2

Quote insurance early. Flood and wind insurance are major line items, so get real quotes for the specific home.

3

Judge the home by product and condition. Historic homes, condos, and new builds trade differently, so read the product, the systems, and any restoration.

4

Inspect any seawall and dock. For waterfront homes, the seawall, the dock, and the water access are central to value.

5

Price the location honestly, and weigh it against other in-town Tampa waterfront and historic options.

Best Buy
A higher-elevation home or well-restored historic home matched to comps
Biggest Risk
Underwriting flood, wind, and insurance too optimistically
Best Lot
A higher-elevation parcel, or sound waterfront with a good seawall
Smart Timing
Confirm flood zone, elevation, and insurance before you offer
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Homes

Type

Historic homes, mid-century, condos, new waterfront builds

Heritage

Man-made islands created in the 1920s

Setting

Walkable village on Hillsborough Bay

Status

Established, iconic, waterfront

Costs & Fees

HOA

Most single-family homes none, condos carry fees

CDD

None

Worth noting

Flood and wind insurance are the defining costs

Amenities

Village

Walkable shops and restaurants

Water

Yacht club, marinas, public beach

Island

Peter O. Knight Airport and Tampa General

Setting

Minutes from downtown and Hyde Park

Location

Area

Tampa, Hillsborough County, ZIP 33606

Access

The Selmon and I-4 to the region

Core

Downtown Tampa and Hyde Park minutes away

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Condo Entry

Condos, the more attainable way onto the iconic island, with the association fee and reserves to verify.

Lowest entry
The Home Core

Historic, mid-century, and updated single-family homes, the heart of the island home market.

Most inventory
The Waterfront Top

The premier waterfront homes and new builds at higher elevations, the ones that hold value best.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

The Condo Entry
Condos, the more attainable way onto the iconic island, with the association fee and reserves to verify.
The Home Core
Historic, mid-century, and updated single-family homes, the heart of the island home market.
The Waterfront Top
The premier waterfront homes and new builds at higher elevations, the ones that hold value best.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Location within TampaStrong
Established communityPositive
HOA and CDD postureConfirm per parcel
Home condition and systemsVerify per home
Flood read per lotVerify per address

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Davis Islands

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The village, the water, and the address sell the home, but the island prices the risk. The deal is won or lost on elevation, the flood zone, and insurability.

Jon Brooks · Founder, Momentum Realty
8.2A- · Buy Score
Resale Strength8.4/10
Renovation Risk5.6/10
Location Efficiency9.4/10
Long-Term Defensibility8.4/10
Carrying Cost Advantage5.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Davis Islands is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take
  • Higher-elevation parcels hold value and insure better
  • Waterfront with a sound seawall commands the premium
  • The product type drives value as much as the parcel
  • Flood zone and elevation certificate are decisive
  • Read the parcel and the insurance before the address

On a low-lying bay island, the parcel and its elevation are the part of your money the market and the insurer both judge. Higher-elevation homes and sound waterfront with a good seawall hold value and insure better than low-lying or poorly protected parcels, and the iconic walkable location is a durable draw. The house can be renovated or elevated; the flood zone, the waterfront, and the location cannot. Read the product, the elevation, the flood zone, and the insurance first, then price the home against comparable island sales.

Davis Islands in 15 seconds.

Best forBuyers who want an iconic, walkable island neighborhood minutes from downtown Tampa.
Biggest advantageWaterfront, a walkable village, marinas, and a yacht club next to downtown.
Biggest riskFlood, wind, and insurance on a low-lying bay island, plus elevation to verify.
Sweet spotA higher-elevation or well-restored home, matched to comps.
Avoid ifYou want low insurance costs, an inland home, or a suburban setting.

Fees, Flood & Insurance

15-Second Take
  • Most single-family homes have no mandatory HOA
  • Condos carry monthly association fees
  • Flood and wind insurance are the defining costs
  • Waterfront homes carry seawall and dock upkeep
  • No CDD on the island

Most single-family homes on Davis Islands carry no mandatory HOA, while condos carry monthly association fees. There is no CDD. The defining costs are flood and wind insurance and, for waterfront homes, seawall and dock upkeep, not association dues. Confirm what applies to the specific home.

For single-family homes, budget flood and wind insurance, maintenance, and any seawall and dock upkeep rather than HOA dues; for condos, verify the association fee, reserves, and master flood and wind coverage. Verify the elevation certificate for the specific home.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Davis Islands, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Guernsey Estates, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Davis Islands home worth?

Get a no-obligation home value based on real comparable sales in Davis Islands matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Davis Islands on the map →
Or get your Davis Islands home value & selling guide →

Real comps, not a Zestimate.

Davis Islands Market Scorecard

Strong seller's market

Davis Islands is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 79 days.

1.8
Months supply
$1,019,500
Median list
$847,500
Median sold
$313
Per sqft
79
Days on mkt
6/8/41
Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Davis Islands?
Davis Islands is a historic neighborhood on a pair of man-made islands in Hillsborough Bay, just south of downtown Tampa and Hyde Park, Hillsborough County, ZIP 33606.
What is the history of Davis Islands?
Davis Islands was created in the 1920s by developer D.P. Davis, who dredged the islands from the bay and built a planned community of Mediterranean Revival homes, which remain a hallmark of the neighborhood.
What kind of homes are on Davis Islands?
A blend of 1920s Mediterranean Revival homes and bungalows, mid-century houses, condos, and new waterfront builds.
Does Davis Islands have an HOA?
Most single-family homes carry no mandatory HOA, while condos carry association fees. There is no CDD. The defining costs are flood and wind insurance and waterfront upkeep.
How important is the flood zone here?
Critical. The islands are low-lying in Hillsborough Bay, so the FEMA flood zone, the base flood elevation, and the elevation certificate drive insurability and cost. Always verify them for the exact home.
What about insurance costs?
Flood and wind insurance are major line items on the island. Get real quotes for the specific home, and review the elevation certificate and wind-mitigation features, before you commit.
What amenities are on Davis Islands?
A walkable village of shops and restaurants, the Davis Islands Yacht Club, marinas, the Peter O. Knight Airport, a public dog and people beach, and Tampa General Hospital.
How close is Davis Islands to downtown Tampa?
It is minutes from downtown Tampa, the Riverwalk, and Hyde Park, just across the channel. Confirm routes and times for your destination.
Is Davis Islands a good investment?
An iconic, walkable, in-town island address supports strong demand, but flood, wind, and insurance on a low-lying island are real risks that must be underwritten. This is not a guarantee of future value.
Can I have a boat on Davis Islands?
Yes. The island has marinas and a yacht club, and many waterfront homes have docks. Verify the seawall, dock, and water access for the specific home.
What should I check before buying on Davis Islands?
The product type, the FEMA flood zone and elevation certificate, real flood and wind insurance quotes, any seawall and dock, and condo reserves where applicable.
Buyers who want an iconic, walkable island neighborhood near downtownExcellent fit
Buyers who value waterfront, marinas, and a yacht clubExcellent fit
Buyers comfortable underwriting flood, wind, and insuranceExcellent fit
Buyers comparing historic homes, condos, and new waterfront buildsExcellent fit
Buyers who will verify flood zone, elevation, and insuranceExcellent fit
Buyers who want a low-cost, low-insurance inland homeProbably not
Anyone unwilling to verify flood zone and elevationProbably not
Buyers who want a master-plan amenity communityProbably not
Buyers who want a quiet, low-density suburban settingProbably not
Buyers unwilling to budget waterfront upkeep and insuranceProbably not

Get the inside read on Davis Islands

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Davis Islands home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Davis Islands specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Davis Islands — what to look for, questions to ask, and your local expert.
Stellar MLS logoMLS GRID logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively 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; deemed reliable but not guaranteed by MLS GRID.

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