Vacant lot on Davis Islands sells for record-breaking $6.62 million

A vacant waterfront lot on Davis Islands has been sold nearly twice what it fetched in 2015. The .56-acre lot at 84 Adalia Ave. sold for $6.626 million, Smith & Associates Real Estate said Friday. It has 175 feet of bay frontage. The brokerage firm says the sale is a record for residential land in Tampa. Smith & Associates did not reveal the buyer. A dead for the transaction filed Friday lists the seller as Longboat Capital LLC, which is linked to a Houston-based investment trust. Greg Margliano…Original Article