$699,000

About this home

**RARE LAKE MAGDALENE WATERFRONT OPPORTUNITY — 3.24 ACRES WITH ESTATE HOME AND RESIDENTIAL DEVELOPMENT POTENTIAL!** Discover an exceptional opportunity to own approximately 3.24 acres along W. Bearss Avenue, including approximately 1.59 acres of upland and direct frontage on Lake Magdalene, a popular recreational ski lake in the Tampa area. This unique property consists of approximately 1.46 acres on the north side of Bearss Avenue and approximately 1.78 acres directly across the road along Lake Magdalene. The northern acreage offers an opportunity to explore construction of a spacious custom estate home or a potential residential subdivision. The southern waterfront portion features an **existing dock and concrete boat ramp**, providing access to the lake. Zoned RSC-4, the northern property offers possibilities for residential development, subject to applicable zoning, minimum lot dimensions, access requirements, subdivision approval, utilities, stormwater management and other governmental regulations. An existing curb cut along Bearss Avenue and a 20-foot ingress/egress easement along the eastern boundary provide potential access options, subject to verification and applicable approvals. Imagine a private estate with a custom residence, swimming pool, outdoor entertaining areas and lake recreation, or explore a development concept featuring multiple homesites with the possibility of shared waterfront amenities. **Four conceptual site illustrations are available**, depicting one estate residence, two estate homesites, four homesites arranged along Bearss Avenue, and four homesites in a quadrant configuration. These illustrations are provided solely to demonstrate potential development concepts and are not approved site plans. The southern waterfront acreage includes wetlands and other surface water, and only approximately 0.13 acre is identified as upland. Any proposed construction, dock modifications, recreational improvements, shared lake access or subdivision must be independently evaluated and approved by the appropriate governmental authorities. **A distinctive opportunity combining residential development potential with ownership of waterfront property on Lake Magdalene.** Bring your vision and explore the possibilities!

Highlights

Property details

MLS

Stellar MLS

MLS #

MFRTB8562658

Property type

Land

Subdivision

UNPLATTED

Status

Active

Days on market

N/A

On market date

October 29, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

3.24 acres

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.