Welcome to 201 Blanca Ave, a truly rare offering situated on one of Davis Islands' most coveted streets. Presenting an authentic Mediterranean Revival style home that presents a trifecta of opportunity: move right in, execute a spectacular modern renovation, or seize the chance to build a custom luxury estate on the 12,800 sq ft corner lot. Built in 1990 and boasting an enviable 11-foot elevation, this over 4,000 square foot residence is designed for flexible, spacious living. Featuring 5 Bedrooms, 3.5 baths, dedicated office, loft space and separate dining room the home's layout is ideal for an owner seeking both a primary suite and additional guest bedrooms on the 1st floor. The second level consists of 2 large bedrooms connected by a Jack and Jill bathroom, along with a versatile loft area and a dedicated office space. The lower level showcases classic Terracotta flooring, while the upper level features a mix of vinyl plank and wood. Built for entertaining, the home boasts a formal dining room, kitchen with dining space as well as an oversized living room, with soar ceilings and a pass through fire place. The outdoor space is massive and includes a covered porch that overlooks the pool and spa, grill area with sink, low-maintenance yard that features artificial turf and pavers. The large lot size and prime location make this an ideal candidate for a renovation or a future luxury custom home. Additional features include a 3 car garage, roof top access with partial water views, fully fenced and a circular driveway. Located on picturesque Davis Islands, this home offers an unparalleled lifestyle in a vibrant, walkable community favored by professional athletes, executives, and families alike. The neighborhood is home to a wealth of amenities, including Marjory Park Marina, the Sandra Freedman Tennis Complex, the historic Roy Jenkins pool, and Peter O. Knight Airport. A short stroll brings you to the Davis Islands Village, where you’ll find a variety of restaurants and shops. With its prime location just minutes from Downtown Tampa, Water Street, Sparkman Wharf, and the Tampa Riverwalk, this home truly offers the best of both island living and urban convenience. Additionally, it is situated within the boundaries of the highly rated Gorrie Elementary, Wilson Middle School, and Plant High School.