563 madeira avenue

Under contract-accepting backup offers. Prime Davis Islands location, near some of the most expensive open bay waterfront homes on the island! This oversized lot (13,038 square feet, .3-acre) can be the spot to build your dream home. Or keep the existing house to make your own. It did not flood or incur hurricane damage, according to the owner. On a quiet street at the end of the island, near the bike/walking trail, Sea Plane Basin Park, Peter O' Knight airport, a dog park and dog beach, Davis Islands Beach with sunset views and the Davis Islands Yacht Club. Residence provides almost 3,400 heated square feet of living space, four bedrooms/three baths (including the pool bath that is accessed from the outside pool area). A two-car garage, plus plenty of shady parking on the circular, paver driveway. The screened-in saltwater pool and spa beckon relaxation. A sizable fenced backyard with mature trees and green space are ideal for outdoor play and a spot for Adirondacks around a firepit. Interior layout features a large living and dining room at front of the home, a separate family room, and a den/office with French doors that lead out to the pool. Kitchen includes granite countertops, double ovens and a cozy eat-in area, with another set of French doors leading to the pool. Spacious primary suite with huge walk-in closet and bath, dual sinks and granite vanity. Three additional bedrooms are generously sized with ample closet storage. The second full bath includes granite countertops and an extra-deep tub. All hard-surface flooring including hardwood, terrazzo and tile. Additional highlights include plantation shutters on all windows, archways, a laundry room and two air-conditioning systems. Priced at land value, it presents a potential redevelopment opportunity on one of the largest and best-located parcels on Davis Islands.