A development site located at 602 & 604 Channel Drive in Davis Island, Tampa, was recently sold for a price of $1,600,000. The property, spanning a total square footage of 3,500, was acquired by Svajunas Starkus and Kevin Lee. The sale took place on July 30, 2021. The asset was purchased from LuCapital Management and Legion Construction, who acted as the sellers. The deal was facilitated by brokers Kevin Lee and Daven Henry. The lending for the transaction was provided by Robert Czyszczon, Caleb Delgado, and David Clemens of DKC Lending.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,600,000
• Address: 602 & 604 Channel Drive, Davis Island, Tampa
• Buyer: Svajunas Starkus & Kevin Lee
• Seller: LuCapital Management & Legion Construction
• Brokers: Kevin Lee & Daven Henry
• Lenders: Robert Czyszczon, Caleb Delgado, David Clemens - DKC Lending

The sale of this development site in Davis Island, Tampa, represents an important transaction in the real estate market. It showcases the growing interest in the area's development opportunities and highlights the involvement of key individuals and companies such as the buyers Svajunas Starkus and Kevin Lee, as well as LuCapital Management and Legion Construction as the sellers. Brokers Kevin Lee and Daven Henry played a crucial role in facilitating the deal, ensuring a successful transaction for all parties involved.