The Most Expensive Neighborhoods in Tampa, FL

Renowned for its tropical climate, pristine beaches, and vibrant mix of attractions and outdoor activities, Tampa is often regarded as one of the most desirable places to live in the southeastern United States. Nestled along Florida’s Gulf Coast, the city serves as both a bustling business hub by day and a lively epicenter for nightlife after hours.  

While certain areas of Tampa are known for their affordability, this doesn’t hold true across the board. Many of the city’s most sought-after neighborhoods come with a price tag that reflects their upscale, luxurious appeal.

Davis Islands 

Davis Islands, nestled just minutes from downtown Tampa, offers a captivating blend of sophistication and tranquility. This picturesque neighborhood boasts a relaxed, waterfront lifestyle that makes it one of Tampa’s most desirable locations. With streets lined by lush greenery, stunning views of the bay, and a welcoming, walkable layout, Davis Islands exude a unique small-town charm amidst the city. Home prices in Davis Islands reflect its exclusivity and thriving appeal, with properties ranging from mid-market homes to multimillion-dollar waterfront estates. These residences often feature private docks and expansive views, catering to those seeking an upscale yet serene living experience.  

Beyond its visual appeal, Davis Islands delivers practical benefits. Its proximity to downtown Tampa provides convenient access to cultural hubs, job centers, and urban amenities, all while feeling worlds away from the bustle. With typical home prices ranging from $1 million to over $5 million, the neighborhood’s blend of luxury and charm creates an environment that’s both vibrant and peaceful—a perfect retreat in the heart of Tampa Bay.

Stoney Point

Located in South Tampa, Stoney Point is a neighborhood known for its waterfront homes, many of which are poised on deep water canals that funnel into Tampa Bay. Stoney Point offers a combination of older homes dating back to the 1950s and brand new construction. Many residences in the Stoney Point neighborhood feature open floor plans and oversized rooms that were designed for entertaining. With tree lined streets and offering easy access to upscale shopping, dining, and entertainment, Stoney Point is undeniably one of the most beautiful areas in all of Tampa. Homes range in size between roughly 2,400 square feet and 10,000 square feet, and prices run the gamut. While you may be able to find a steal for under $1M, most homes fall between $1M and $3M with some homes priced as high as $6M.

Culbreath Isles

With homes overlooking Old Tampa Bay, Culbreath Isles is one of the most impressive neighborhoods in the Tampa area. Culbreath Isles is a gated community with a guarded entrance, providing residents with security and peace of mind. The neighborhood’s homes are built upon deep water canals, offering boaters coveted access to the bay. Many of the residents of Culbreath Isles enjoy swimming pools, outdoor decks, and private docks, which all serve as perfect places to take in the view or a stunning sunset. Take a drive through Culbreath Isles and you’ll immediately notice the beautifully manicured lawns, immaculately kept homes, and warm, welcoming sense of community. The median home price in Culbreath Isles sits at roughly $4M.

Virginia Park 

Virginia Park, a peaceful neighborhood situated in South Tampa, boasts a unique blend of charm, livability, and convenience. Its tree-lined streets and well-maintained homes give the community a picturesque, inviting feel. Residents enjoy a serene atmosphere while remaining close to some of Tampa’s most appealing amenities.  

The Virginia Park neighborhood offers a mix of mid-century and newer homes, sitting typically in the range of $500,000 to $1,200,000. These properties often feature spacious layouts, thoughtful designs, and lushly landscaped yards, making them a true standout in the South Tampa real estate market. Virginia Park's location is one of its strongest assets. It’s within easy reach of top schools, bustling dining scenes, and local parks, providing a well-rounded lifestyle. Proximity to major thoroughfares and downtown Tampa also ensures that commuting and entertainment options are always accessible.  

Historic Hyde Park

Hyde Park is perhaps one of the most picturesque and quaint neighborhoods in all of South Tampa. The neighborhood offers residents a walkable, upscale vibe with some of the most beautifully crafted homes in the area. Hyde Park’s architecture dates back to the late 1800s and today prospective residents gravitate towards its mix of classic Colonial Revival style and contemporary Vernacular style. Home types vary from small condominiums to sprawling mansions, but what binds the neighborhood together is the sense of community. The average home price in Historic Hyde Park falls in the mid $5M, which residents are willing to pay in exchange for its charming feel.

Palma Ceia West

A highly regarded suburban-esque community in South Tampa, Palma Ceia West offers residents the walkability of an urban neighborhood with the relaxed and quiet feel of a suburb. Palma Ceia West is home to countless local bars, nightlife, restaurants, and shopping and is located only a short drive away from several gorgeous beaches. Situated in the heart of Tampa, Palma Ceia West is the ideal place to live for those who work in the city, and home prices in the area certainly reflect it. Though you may find a gem for under $1M, most homes in Palma Ceia West fall in the $1M and $2M range.

Westshore Yacht Club

Westshore Yacht Club is a luxurious waterfront neighborhood offering an unparalleled lifestyle in South Tampa. Nestled along Old Tampa Bay, this private, gated community exudes sophistication and relaxation, perfect for enjoying the serene coastal charm Tampa is known for. Characterized by its marina-centric vibe, Westshore Yacht Club is home to elegant residences that range from upscale townhomes to multimillion-dollar waterfront estates. Typical home prices in this exclusive community generally start around $700,000 and climb significantly for properties boasting bay views and private docks.  

At the heart of Westshore Yacht Club is its state-of-the-art marina and luxurious Bay Club, featuring fine dining, a top-rated spa, pools, and fitness facilities. Residents also enjoy scenic walking paths and stunning sunset views. Its proximity to downtown Tampa, a short drive away, ensures easy access to urban attractions, vibrant nightlife, and high-end shopping.  

Bayshore Beautiful

With a reputation for being safe and friendly, Bayshore Beautiful is one the most highly coveted neighborhoods in the Tampa area. Homes date back to the early 1920s, and perhaps Bayshore Beautiful’s greatest appeal is the character that is present community-wide. Bayshore Boulevard sidewalk, one of the neighborhood’s most popular features, is the world’s longest continuous sidewalk. Follow the Boulevard for sightings of the neighborhood's most stunning homes as well as sunset views. Residents are willing to pay anywhere between $1M and $7M to enjoy all that Bayshore Beautiful has to offer, including local boutiques, antique shops, and endless dining options. For residents, it’s difficult to imagine anywhere else to call home.