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601 BOSPHOROUS AVENUE
About This Property
custom-built, all concrete block pool home on two levels, set on a
corner lot with high elevation and commanding curb appeal. Timeless in
its architectural character, this five-bedroom, five and one-half bath residence was
designed for those who want resort-style living without compromise.
From the moment you arrive, an impressive two-story rotunda entry sets
the tone - featuring exquisite woodwork and a grand chandelier.
Inside, the open and airy floor plan is bathed in natural light, with
ten-foot ceilings, eight-foot solid-core doors, extra-wide custom
French doors, and seamless access to the zen tropical outdoors from
virtually every room.
The chef's kitchen is built for serious entertaining - center island,
breakfast bar, wet bar, six-burner gas range, dual ovens, and a
butler's pantry. The primary suite is a true retreat: wide custom
French doors open to a private balcony overlooking the pool and
tropical garden, with a generous sitting area, custom his-and-hers
California walk-in closets, and a spa-inspired en suite bath featuring
a jetted tub, walk-in shower, and dual custom vanities. Every
additional bedroom includes its own en suite bath and French doors to
a Juliet balcony.
The home offers a large bonus room, family room, formal dining room,
living room, two covered patios, four balconies, a large terrace, and
a three-car garage.
Designer finishes throughout include hand-scraped solid Brazilian
hardwood floors, granite slab surfaces, two gas fireplaces, crown
molding, wood casing on all windows and doors, authentic Tuscan light
fixtures, central vacuum, intercom, and security system. Outside,
handmade wrought iron details, natural Corinthian stonework,
travertine pavers, mature tropical landscaping, and a butterfly garden
create a private oasis.
2025 updates include: new roof, exterior paint, awnings, and built-in
side-by-side refrigerator. Newer zoned A/C and water heater.
Meticulously maintained by its original owner, this home is move-in ready. Davis Islands is a beloved golf cart community with no HOA fees, offering a private beach, yacht club, tennis club, community pool, dog park, walking and biking trails, parks, a baseball field, waterfront dining, and a small private airport - all just minutes from downtown Tampa.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Aug 23, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Relisted | $2,098,000 | |
| Relisted | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by SMITH & ASSOCIATES REAL ESTATE | $2,189,000 | |
| Listed by SMITH & ASSOCIATES REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017