South Tampa & Beyond Real Estate News

As rent prices in Tampa continue to increase, now might be the best time to buy with mortgage rates still low. 

As the popularity of living in Tampa grows, so does the price of rent. According to a recent report from Zillow, Tampa was one of the metros that saw the largest increase in rental prices over the past decade.

The Tampa metro came in behind Orlando as recording the second highest rent increase for a metro area in Florida. When looking nationwide, Tampa came in at number 14.

The information could be the decision maker if you’re considering whether it makes more sense to rent or buy in 2020. Buying could also open the door to more options in real estate than renting.

During the 2010s, renters nationwide spent about $4.5 trillion just

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Tampa Housing MarketThere’s positive news to report when it comes to Tampa’s future housing market. According to the National Association of Realtors, the Tampa market will likely “outperform” national averages over the next few years.

The group came up with a list of ten housing markets across the nation, including Tampa, it believes will outperform over the next three to five years. The NAR looked at a number of factors to come up with the list including housing affordability in terms of new residents, population age, a market’s home price appreciation and the attractiveness of a market for retirees. 

The NAR also considered domestic migration and consistent job growth when compared to the national average, and the Tampa area has been strong in both categories in

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St. Petersburg DevelopmentA mammoth new project could be on its way to downtown St. Petersburg, according to a new report from the Tampa Bay Times. 

Earlier in the month, the city’s Development Review Commission approved plans for a $300 million mixed-use project on Central Avenue, which would include a 45-story tower, a 20-story hotel, and parking for 842 vehicles. 

The developer, New York-based Red Apple, also included 20,000 square feet of office space and more room for parking than needed, which is designed to address chronic parking shortages already felt throughout downtown St. Petersburg. 

Because of its height and proximity to Albert Whitted Airport, the project still needs approval from the FAA, and development rights will still need to be purchased from

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Tampa Townhomes For SaleIf you’re wondering if buying a townhouse is a good investment, the answer is a resounding yes! From the overall cost to maintenance and the potential for rental income, there are several good reasons to put your money in a townhouse.

Cost 

To begin with, a townhouse is often priced lower than a single-family home. If you’re working within a budget, a townhouse likely makes financial sense.

Rental income

You may be able to recoup some of the cost too with rental income. Townhouses are especially popular with families who need more space but also need more affordable rental housing.

Location

When looking at the potential for rental income, location is key. Luckily, a townhouse is often located in an area close to transportation, schools

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It was back in May when developers of the exclusive new Hyde Park House project first started taking reservations. Now, prospective buyers are able to view plenty of active listings on the MLS and sales are in full swing.

So, just what can buyers expect at the new Hyde Park House condo development? Well, not surprisingly, units are extremely well-appointed and include high 10-foot ceilings, expansive terraces with unobstructed glass walls, large porcelain tile flooring, sleek European-style cabinetry, chef’s kitchens with premium kitchen appliances, and of course spa-quality bathrooms with all the bells and whistles. 

Amenities will also be a major selling point at Hyde Park House as future residents will be treated with private secure parking,

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Allora Homes TampaAllora, is a new community located in the highly coveted area of Tampa, between West Chase and beautiful Citrus Park. Below are 3 of the top reasons this community is a great option for buyers interested in purchasing a new construction home.

The Variety 

Allora is a gated community consisting of 149 single family homes, with one-story and two-story floorplans to choose from. Buyers have the luxury of choosing the floorplan that works best for their lifestyle needs. There is a range of size from the Lantana model, measuring around 2209 sq. ft. up to the 5-bedroom, Talbot model, measuring around 3561 sq. ft. The other models in between those two include; the Coral, the Granville, the Holden, and the Hemingway. Each home style is constructed of all

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St. Petersburg FL Bike Friendly Neighborhoods If living in a bike-friendly location is high up on your wish list, we have several areas in mind that might be a perfect place to start your St. Petersburg, FL home search...

Historic Kenwood

Tops on the most bikeable areas in St. Pete is Historic Kenwood. is Located directly west of downtown St. Pete, this neighborhood contains one of the highest volumes of early 20th century Bungalows in all of Florida. The first weekend of November, Kenwood hosts its annual Bungalow-Fest, which is a two-day walking tour of homes and gardens that celebrates the area's architecture. Central Ave and the neighboring streets have several local bars and cafes that encourage their customers to bike to their locations. There are bike lanes, wide sidewalks, and the

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Esplanade of Tampa is resort style living at it’s finest. Developed by Taylor Morrison, this community combines an active lifestyle with charming California Tuscan style architecture. Esplanade is a master-planned community built on nearly 170 acres of Florida wetlands. Many of the homes within the community have a view of the wetlands and/or the 20 acres of the lake system.

The community has a network of walking nature trails throughout which is ideal for any nature lover. Additional outdoor amenities include a beautiful resort-style pool, tennis court, bocce and pickleball courts, a relaxing outdoor fireplace, and a dog park for all the pet lovers. Many people desire to live in Florida so that they enjoy the outdoors year-round and the

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Rego Palms TampaRego Palms is a modern gated housing community that is conveniently located just north of Brandon. Tampa’s Rego Palms, features affordable low-maintenance townhome living with easy access to both I-74 & I-4. There are 3 townhome model options to choose from; the Evergreen, and the Fraser, are both 2-bedroom townhome units, complete with garage which range in size from around 1451-1560 sq. ft. With the Evergreen having a large patio off its great room, and the Fraser containing a hip loft space…both models are great for entertaining.                       

The largest of the 3 model options within the Rego Palms community is the Ashe. These expansive townhome units feature; 3-bedrooms, 2.5-bathrooms, and an extended 2-car garage.   It’s easy to enjoy

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Tampa Bike Friendly NeighborhoodsIf living in a bike-friendly neighborhood is high up on your home search wish list, we have several areas in mind that might be a perfect place to call home in Tampa. 

Seminole Heights

Seminole Heights, a quaint, artsy, neighborhood comprised of bungalows and Spanish style homes is a perfect area for residents that enjoy biking. There is easy bike access to gourmet restaurants, coffee shops, and shabby chic retailers with a unique charm. The Second Sunday Morning Market is a wildly popular event and many of the Seminole residents strap on a bike basket and ride over to shop for delicious foods and trendy wares. Biking is a great way to get to know the Seminole community and socialize with neighbors.  Seminole Heights is home to some of Tampa’s most

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