Timeless elegance and modern sophistication converge in this extraordinary 1925 Mediterranean Revival estate on Davis Islands. Designed by Franklin O. Adams for Arthur Milam of the D.P. Davis Properties, this architectural masterpiece is more than a residence—it is a piece of Tampa’s history. Proudly listed on the U.S. National Register of Historic Places since 1989, the estate sits gracefully on nearly half an acre of lushly landscaped grounds, offering serenity, privacy, and grandeur.
The home unfolds with five luxurious bedroom suites, three half baths, and an elevator, each space blending historic charm with modern refinement. Recent updates, including a newer roof and three remodeled bathrooms completed in 2022, ensure comfort while honoring the home’s heritage. The chef’s kitchen, complete with pantry and casual dining area, flows effortlessly into the open family room, while the formal dining room opens to both the sweeping front lawn and a French limestone courtyard with fountain—a setting reminiscent of European elegance.
Two dramatic staircases and a private bar lounge speak to the home’s sophisticated character, complemented by a handsome study and mudroom, thoughtfully designed living spaces. Outdoor living is equally compelling, with a full summer kitchen overlooking the sparkling pool and spa, perfect for entertaining on any scale. A gated motor court, two-car garage with modern systems, and a private in-law or guest suite above the garage with a remodeled full bath complete the estate.
Perfectly situated just minutes from Tampa General Hospital, Downtown Tampa, Hyde Park, Channelside, Tampa International Airport, and the Gulf Coast’s world-renowned beaches, this Davis Islands estate offers a lifestyle of distinction. More than a home, it is a rare opportunity to own a private castle in the heart of Tampa. Bring all offers the seller is Motivated
The home unfolds with five luxurious bedroom suites, three half baths, and an elevator, each space blending historic charm with modern refinement. Recent updates, including a newer roof and three remodeled bathrooms completed in 2022, ensure comfort while honoring the home’s heritage. The chef’s kitchen, complete with pantry and casual dining area, flows effortlessly into the open family room, while the formal dining room opens to both the sweeping front lawn and a French limestone courtyard with fountain—a setting reminiscent of European elegance.
Two dramatic staircases and a private bar lounge speak to the home’s sophisticated character, complemented by a handsome study and mudroom, thoughtfully designed living spaces. Outdoor living is equally compelling, with a full summer kitchen overlooking the sparkling pool and spa, perfect for entertaining on any scale. A gated motor court, two-car garage with modern systems, and a private in-law or guest suite above the garage with a remodeled full bath complete the estate.
Perfectly situated just minutes from Tampa General Hospital, Downtown Tampa, Hyde Park, Channelside, Tampa International Airport, and the Gulf Coast’s world-renowned beaches, this Davis Islands estate offers a lifestyle of distinction. More than a home, it is a rare opportunity to own a private castle in the heart of Tampa. Bring all offers the seller is Motivated
Property Details
Price:
$4,300,000
MLS #:
TB8422893
Status:
Active
Beds:
6
Baths:
7.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
DAVIS ISLANDS PB10 PG52 TO 57
Neighborhood:
33606tampadavisislanduniversityoftampa
Listed Date:
Aug 31, 2025
Finished Sq Ft:
7,854
Total Sq Ft:
8,564
Lot Size:
19,140 sqft / 0.44 acres (approx)
Year Built:
1925
See this Listing
Schools
Elementary School:
Gorrie-HB
Middle School:
Wilson-HB
High School:
Plant-HB
Interior
Appliances
Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Bathrooms
6 Full Bathrooms, 3 Half Bathrooms
Cooling
Central Air
Flooring
Brick/Stone, Ceramic Tile, Hardwood
Heating
Central
Interior Features
Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Elevator, High Ceilings, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Wet Bar
Laundry Features
Laundry Room
Levels
Two
Exterior
Architectural Style
Historical, Mediterranean
Construction Materials
Block
Covered Spaces
2
Direction Faces
West
Exterior Features
Balcony, French Doors, Outdoor Kitchen, Storage
Fencing
Fenced
Garage Spaces
2
Lot Features
Corner Lot
Open Parking YN
1
Other Structures
Outdoor Kitchen
Parking Features
Driveway, Garage Door Opener, Off Street
Patio And Porch Features
Covered, Patio
Roof
Tile
Financial
Tax Year
2024
Taxes
$50,403
Map
Community
- Address301 CASPIAN STREET TAMPA FL
- SubdivisionDAVIS ISLANDS PB10 PG52 TO 57
- CityTAMPA
- CountyHillsborough
- Zip Code33606
Subdivisions in TAMPA
Market Summary
Current real estate data for Single Family in TAMPA as of Aug 29, 2026
2,735
Single Family Listed
100
Avg DOM
349
Avg $ / SqFt
$816,644
Avg List Price
Property Summary
- Located in the DAVIS ISLANDS PB10 PG52 TO 57 subdivision, 301 CASPIAN STREET TAMPA FL is a Single Family for sale in TAMPA, FL, 33606. It is listed for $4,300,000 and features 6 beds, 8 baths, and has approximately 7,854 square feet of living space, and was originally constructed in 1925. The current price per square foot is $547. The average price per square foot for Single Family listings in TAMPA is $349. The average listing price for Single Family in TAMPA is $816,644. To schedule a showing of MLS#tb8422893 at 301 CASPIAN STREET in TAMPA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of ALIGN RIGHT REALTY CARROLLWOOD. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 301 CASPIAN STREET
TAMPA, FL
