Smith & Associates Real Estate just unveiled a historic achievement: the sale of 42 Ladoga Avenue for a monumental $17,850,000. This transaction, at a striking $1,975 per square foot, now stands as the second-highest sale in Tampa’s prestigious real estate history.
Nestled along the waterfront, this historic property becomes a testament to timeless allure, now in the care of a dedicated Tampa family. With a deep reverence for Davis Island’s storied legacy since 1928, the new custodians embrace their role as guardians of history. Their unwavering commitment is to meticulously safeguard the residence’s heritage, ensuring that future generations revel in the estate’s defining splendor.
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A stunning Davis Island property with a world-class view
Commanding an impressive 464 feet of coveted waterfront frontage, this property signifies a significant milestone as the most expansive water-facing expanse offered on Davis Island in decades. Spanning over three buildable lots, it houses a 9,038-square-foot home, designed and built in 1928. Notably, the property’s 1.45 acre lot surpasses Derek Jeter’s 345-foot waterfront property on Tampa Bay, which set a record with its $22 million sale in 2022.
The remarkable team at Smith & Associates Real Estate, comprised of Mary Beth Byrd, Leslie Minder, and Dina Sierra Smith, collectively represent the sellers and co-listed this extraordinary residence.
Reflecting on the legacy of 42 Ladoga, Mary Beth Byrd of Smith & Associates shared, “In Tampa’s prestigious waterfront properties, 42 Ladoga shines as a true gem. Its blend of historical significance, modern amenities, and unparalleled waterfront access creates an extraordinary opportunity for the discerning buyer.”
Luxury amenities across 1.45 acres
Beyond its historical resonance, the estate offers an array of luxurious amenities. Featuring seven bedrooms, seven full and two half baths, the grandeur extends to include a full gym, entertainment wing, wine cellar, and two executive offices. The property delights further with a boat house featuring two lifts: a substantial 55-foot, 80,000-lb Neptune boat lift, and a versatile 13-foot, 6000-lb multi-use lift. A smaller boat lift with a separate Trex boat dock adds to the allure of this waterfront sanctuary.
“Smith & Associates is honored to have played a pivotal role in this monumental sale. Our team’s dedication and expertise, coupled with the exceptional value of the property, have truly made this a remarkable milestone in Tampa’s real estate history,” added Dina Smith.
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