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5 Beds

5 Full baths

5,215SqFt

Active

Under Construction. A rare opportunity to own a brand-new waterfront estate by Crescent Homes on the highly sought after Davis Islands’, offering an extraordinary 145 feet of saltwater canal frontage. Scheduled for completion in August 2026, this architectural showpiece blends timeless modern design with the uncompromising craftsmanship Crescent Homes is known for. Positioned on a sprawling 15,875 sq ft lot, this 5,215 sq ft residence is thoughtfully designed to maximize water views, natural light, and seamless indoor-outdoor living. From the moment you arrive, the striking elevation, custom impact-rated entry door, and clean architectural lines set the tone for the elevated lifestyle that awaits. Inside, every detail has been meticulously curated by an NCIDQ-certified interior designer, ensuring cohesive, elevated selections throughout. The chef’s kitchen is a true centerpiece, featuring custom cabinetry, 3cm natural stone countertops with full backsplash, and a premium appliance suite anchored by Sub-Zero refrigeration and freezer, a Wolf dual-fuel natural gas range, built-in microwave drawer, dishwasher, and undercounter ice maker, creating a kitchen equally suited for daily living and entertaining. The home offers five bedrooms, five full bathrooms, and one half bath, with expansive living spaces, soaring ceilings, engineered hardwood flooring, and seamless transitions to the outdoor entertaining areas. Each bedroom features its own private en suite bathroom, providing comfort and privacy for family and guests. The primary suite is located on the first floor and serves as a true retreat, offering generous proportions, a spa-inspired bathroom with frameless glass shower, soaking tub, and custom walk-in closets. Upstairs, a private junior suite provides an ideal space for guests or extended family. The first level also features an oversized media and game room designed for entertaining, along with a private elevator providing convenient access to both floors. Outdoor living reaches new heights with a resort-style infinity edge pool and spa, outdoor kitchen, elevated pool deck, and multiple covered lanai spaces, all overlooking your private waterfront setting. A new composite dock with water, electric, and allowance for a boat lift, along with a new seawall, provides direct access to Tampa Bay. Built to the highest structural and performance standards, the home features concrete block construction on pilings, impact-rated windows and doors, tankless gas water heaters, advanced HVAC systems, and integrated smart home infrastructure including lighting control, security pre-wire, and whole-home automation readiness. Located within the highly sought-after Davis Islands community, residents enjoy a lifestyle unlike anywhere else in Tampa—golf cart accessibility, waterfront parks, yacht clubs, tennis courts, dog parks, and proximity to Downtown Tampa. The property is zoned for top-rated schools including Gorrie Elementary, Wilson Middle, and Plant High School, further enhancing its long-term value and desirability. This is more than a home—it is a statement of quality, craftsmanship, and waterfront living at its finest, delivered by Crescent Homes, one of Tampa’s most respected luxury builders.

Property Details
Price $7,200,000
Bedrooms 5
Full Baths 5
Half Baths 1
Property Style Contemporary, Custom, Elevated
Lot Size 145 x 131 x 121 x 125
Lot Size Area 15875
Lot Size Area Units Square Feet
Acres 0.36
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Features Built-in Features, Ceiling Fan(s), Dry Bar, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
Exterior Features Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
Year Built 2026
Subdivision DAVIS ISLANDS PB10 PG52 TO 57
View Water
Roof Membrane, Other
Heating Central
Foundation Pillar/Post/Pier, Stem Wall
Laundry Features Laundry Room
Pool features Infinity
Garage spaces 3
Geographic Data
Directions East on Bayshore Blvd, Turn Right onto W Davis Blvd (Bridge to Davis Islands), Continue straight on E Davis Blvd , left on Suwanee Circle, Desitination is on the left.
County Hillsborough
Latitude 27.91991
Longitude -82.454492
Market Area 33606 - Tampa / Davis Island/University of Tampa
Address Information
Address 517 SUWANEE CIRCLE, TAMPA, FL 33606
Postal Code 33606
City TAMPA
State FL
Country United States
Listing Information
Listing Office COMPASS FLORIDA LLC
Listing Office Phone 305-851-2820
Listing Agent Dominic Brescia, Jr
Listing Agent Phone 914-552-4809
Special listing conditions None
Ownership Fee Simple
Virtual Tour URL https://www.propertypanorama.com/instaview/stellar/TB8476241
MLS Information
Days on market 1
MLS Status Active
Listing Date Feb 18, 2026
Listing Last Modified Feb 19, 2026
Tax ID A36291850900006900055.0
Tax Year 2025
Tax Annual Amount 25137
MLS Area 33606 - Tampa / Davis Island/University of Tampa
MLS # TB8476241

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This information is believed to be accurate, but without any warranty.