Newly built $21M luxury estate redefines waterfront living in Tampa Bay

Georgie Mihaila
6 Min Read
Photo credit: Tony Sica Photography

A newly built, six-bedroom estate on Davis Islands has recently popped up on the market for $21 million, a price point that makes it the most expensive house publicly listed for sale in the entire Tampa Bay area.

Touted as a modern coastal masterpiece, the property sits on one of the largest bayfront parcels in the area, offering 110 feet of bay frontage and unparalleled views of Tampa Bay.

Developed by Joel Kassewitz — the husband of Tampa Bay Buccaneers co-owner Darcie Glazer Kassewitz — with an eye toward establishing a new benchmark for luxury in Tampa, the property at 96 Martinique Ave. is the pinnacle of waterfront living.

Photo credit: Tony Sica Photography

Built by Boss and Mennie Luxury Homebuilders, the estate spans over 9,442 square feet of living space under air, with a total area of 19,644 square feet, including a massive garage level capable of accommodating 10+ cars.

To make way for the generously sized spec house, Kassewitz and his wife bought two neighboring homes (94 and 96 Martinique Ave.), which they razed entirely — and were even considering using the lot to build their own dream home.

But they soon realized the potential of the waterfront location and instead built an ultra-luxurious home to rival those in more sought-after Florida markets.

“We’re in the early innings of Tampa becoming a peer to Miami or Palm Beach,” Joel Kassewitz told the Tampa Bay Journal (paywalled article).

“I spent 10 years in Palm Beach. It was nothing like it is now when I moved there in 2004, and 20 years later, it’s like Wall Street South. The way I see it, Tampa is right behind them.”

Modern design meets coastal elegance in this brand-new, $21M waterfront estate

Photo credit: Tony Sica Photography

Key numbers & facts

  • Bedrooms: 6
  • Bathrooms: 6 full, 2 half-baths
  • Square footage: 9,442
  • Year built: 2023
  • Lot size: 0.44 acres
  • Amenities: rooftop terrace,  an outdoor kitchen and entertaining bar, waterfront custom pool and spa, and a lounge area with a fire pit
  • Asking price: $21,000,000

Upon entering the grand two-story foyer, visitors are greeted by an expansive great room that leads to various entertainment and living areas.

These include a formal dining room with an impressive wine display, a state-of-the-art chef’s kitchen with top-of-the-line appliances, and multiple entertainment spaces, each offering breathtaking water views.

Photo credit: Tony Sica Photography
Photo credit: Tony Sica Photography
Photo credit: Tony Sica Photography
Photo credit: Tony Sica Photography
Photo credit: Tony Sica Photography
Photo credit: Tony Sica Photography
Photo credit: Tony Sica Photography
Photo credit: Tony Sica Photography
Photo credit: Tony Sica Photography

The property’s positioning allows for captivating sunsets and panoramic views of Tampa Bay, Bayshore Boulevard, and the Tampa skyline.

These views are best enjoyed from the property’s unique rooftop terrace, a dedicated entertainment area offering 360-degree vistas.

The property’s waterfront lifestyle is complemented by a custom pool and spa, an outdoor kitchen, and a firepit seating area, with provisions for a custom dock and boat lift tailored to the buyer’s specifications.

Photo credit: Tony Sica Photography
Photo credit: Tony Sica Photography

The estate’s architectural prowess is also evident in its adherence to the latest building codes, featuring concrete block/piling construction, impact windows/doors, and FEMA-compliant elevated living spaces to mitigate flood risks.

Located in the coveted community of Davis Islands

The location doesn’t leave much to be desired either.

Davis Islands, the affluent residential neighborhood located on two islands in Hillsborough Bay, is renowned for its blend of luxurious living and community spirit.

Residents have access to exclusive amenities such as a sailing and yacht club, private airport, tennis complex, and more. The sense of a tight-knit community is palpable, with a “main street” feel in the Davis Islands Village, offering dining, shopping, and easy access to downtown Tampa’s attractions.

The exclusive Davis Islands are no strangers to high-profile residents. NFL quarterback Tom Brady and MLB icon Derek Jeter have both lived here.

Holding the keys to the newly built home, along with the opportunity to own a significant piece of Tampa Bay’s waterfront rests in the hands of Jennifer Zales of Coldwell Banker Realty Tampa and Toni Everett of Toni Everett Co. — who share the listing.

Photo credit: Tony Sica Photography

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With a decade-long career as a digital content creator, Georgie started out as a real estate journalist for Multi-Housing News & CPExecutive. She later transitioned into digital marketing, working with leading real estate websites like PropertyShark, RENTCafé and Point2Homes. After a brief but impactful stint in the start-up world, where she led the marketing divisions of fintech company NestReady and media publisher Goalcast, Georgie returned to her first passion, real estate, and founded