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$3,500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 0.13 Acres
  • Updated 2 hours ago
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Fully renovated 12 unit multifamily asset located on Davis Island. Strong in place income with significant upside through short term rental conversion. Currently ALL 12 units leased. Financial details available thru Broker.

Full Property Details for 515 Columbia Dr

General

  • Price: $3,500,000
  • Taxes: $37,906 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8499289
  • Updated: 4/19/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Interior Features: Ceiling Fan(s), Crown Molding, Living Room/Dining Room Combo, Thermostat, Window Treatments

Rooms

Bathrooms

  • Total Bathrooms: 12

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: Inside

Exterior

  • Exterior Features: Private Entrance, Private Mailbox, Sidewalk

Location

  • Area: 33606 - Tampa / Davis Island/University of Tampa
  • County: Hillsborough
  • Development Name: 33606 - Tampa / Davis Island/University of Tampa
  • Subdivision: DAVIS ISLANDS PB10 PG52 TO 57
  • Driving Directions: Bayshore Boulevard to Davis Island Exit; Cross to Davis Island BLVD to Columbia Drive.

Community

  • Community Name: 33606 - Tampa / Davis Island/University of Tampa

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Stucco
  • Roof: Membrane
  • Square Feet: 6,924
  • Sq. Ft. Source: Public Records
  • Year Built: 1925

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,584
  • Lot Size: 5584
  • Lot Dimensions: 50 x 110
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $37,906.24
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: DAVIS ISLANDS PB10 PG52 TO 57 AND PB17 PG5 TO 9 LOT 5 BLOCK 109
  • Flood Zone Info: AE
  • APN: A30291950900010900005.0
  • Property ID: A30291950900010900005.0
  • Block/Lot/Section: 109

Listed by Home America Realty Inc

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Listing agent

— 515 Columbia Dr —

  • Home America Realty Inc

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 515 Columbia Dr

School District:Hillsborough County School District
NameGradesDistance
Gorrie Elementary School
705 West De Leon Street, Tampa, FL 33606
K-51.6 mi
Wilson Middle School
1005 West Swann Avenue, Tampa, FL 33606
6-81.6 mi
Plant High School
2415 South Himes Avenue, Tampa, FL 33629
9-123.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 Columbia Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/18/2026
Listed
$3,500,000
-13.58%
MLS
5/27/2022
Sold
$4,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 515 Columbia Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$35,813
—
$1,897,100
2%
2024
$35,813
-12%
$1,866,800
-12%
2023
$40,848
149%
$2,114,100
159%
2021
$16,375
-12%
$817,400
-24%
2022
$18,599
14%
$1,076,100
44%
2021
$16,375
11%
$744,900
3%
2019
$14,756
6%
$725,000
8%
2018
$13,898
4%
$672,500
5%
2017
$13,320
42%
$638,000
52%
2016
$9,353
10%
$420,306
10%
2015
$8,513
6%
$382,096
-14%
2014
$8,029
18%
$443,200
40%
2013
$6,786
—
$315,782
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Home America Realty Inc

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515 Columbia Drive, Tampa, FL 33606 (MLS# TB8499289) is a Multi-Family property with units containing 12 bedrooms and 0 full bathrooms. 515 Columbia Drive is currently listed for $3,500,000 and was received on April 18, 2026. Want to learn more about 515 Columbia Drive? Do you have questions about finding other Multi-Family real estate for sale in Davis Islands? You can browse all Davis Islands real estate or contact a Coldwell Banker agent to request more information.

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