$799,000
About this home
This rare Lake Magdalene property offers approximately 2.5 acres across two parcels in one of Tampa’s most desirable lakefront areas. The north parcel includes approximately 1.75 high-and-dry acres in Flood Zone X with frontage off W Bearss Avenue, providing an exceptional setting to build a custom luxury residence. Whether you envision a timeless estate, a modern architectural masterpiece, or a private family retreat, this property offers the space and flexibility to bring that vision to life. There is ample room to incorporate luxury amenities such as a resort-style pool, guest house or ADU (subject to county approval), detached garage, workshop, lush gardens, and expansive outdoor entertaining areas. What makes this property truly unique is the separate waterfront parcel across the street, offering approximately 135 feet of Lake Magdalene shoreline, a concrete dock, and a private boat ramp. Imagine beginning your mornings with coffee overlooking the lake, spending afternoons boating, paddleboarding, or fishing, and ending the day with family and friends gathered around an outdoor kitchen, gazebo, or fire pit as the sun sets over the water. This separate lakefront parcel creates a lifestyle that is exceptionally difficult to find in the Tampa market. The former structure and septic have already been removed with permits, allowing the next owner to focus on designing and building their dream home. This is more than vacant land—it is a rare opportunity to create a one-of-a-kind luxury estate that combines privacy, space, and the unmatched lifestyle of Lake Magdalene. Call for more information
Highlights
Property details
- MLS
- Stellar MLS
- MLS #
- MFRTB8489196
- Property type
- Land
- Subdivision
- UNPLATTED
- Status
- Active
- Days on market
- 122
- On market date
- March 22, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 2.87 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 714
- Student:teacher ratio
- 14.6:1
- District
- HILLSBOROUGH
- Enrollment
- 704
- Student:teacher ratio
- 16.4:1
- District
- HILLSBOROUGH
- Enrollment
- 2,093
- Student:teacher ratio
- 21.6:1
- District
- HILLSBOROUGH
Walkability
Blended score for TAMPA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in TAMPA, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 22, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.