House hunting? Here’s what $1 million buys you in Tampa and St. Pete

In Tampa and St. Petersburg, $1 million buys you a little more house than it does in the rest of the country. On average, a $1 million home in the U.S. is a detached, single-family house that's about 2,200 square feet with four bedrooms and two-and-a-half bathrooms, real estate data firm Zillow said Tuesday. In Tampa, a million-dollar home is typically a single-family home that is 3,320 square feet with four bedrooms and three and a half bathrooms, according to Zillow's data. In St. Petersburg,…

Tampa among best markets for flipping houses, report finds

Floridians looking to flip houses may want to consider Tampa. A new report from real estate listing website Realtor.com looked at the 100 largest metropolitan areas based on the amount of investment sales, a purchase where a corporation or non-individual buys a property, and median home cost in each city. Tampa came in as the fourth best market for investors looking to flip a home. According to the study, 16.1 percent of property sales in Tampa were investment properties. The city also had the…

Rent report: Tampa, St. Pete saw small decrease in rent prices last month

Rent in Tampa and St. Petersburg became a little more livable last month. A report from RentCafe, an apartment search website, looked at the rent prices for large-scale multifamily properties, complexes with more than 50 units, for the month of September. The full methodology can be found here. The report found that both Tampa and St. Petersburg saw a 0.1 percent decrease in rent for the month of September, which is among the lowest decrease in central Florida. That small rent decrease puts both…

Contemporary Bayshore Boulevard estate hits the market at $5.5M (Photos)

“This home represents an elevated standard of design within our Tampa market,” the listing agent said.

These Tampa Bay ZIP codes had the highest median home value in August 2019

Tampa Bay residents looking for a high-value house should consider Pinellas and Hillsborough counties. Of the 30 ZIP codes with the highest median home value in August 2019, 18 were in Pinellas County and 12 were in Hillsborough County, according to American City Business Journal data. None were in Pasco, Hernando, Manatee, Polk or Sarasota. The neighborhood with the most ZIP codes in the top 30 was Tampa with six, followed closely behind by St. Petersburg with four. The ZIP code with the…

Report: Sarasota, Venice among Tampa metro’s most expensive cities for rent

Area residents looking for a cheap apartment may want to avoid Sarasota and Venice. A new report from Zumper, a San Francisco-based real estate platform, found Sarasota and Venice had some of the highest median rent in the Tampa metro area last month. To calculate median rent, the site looked at the active listings that popped up in 11 Tampa Bay cities last month and took an aggregate score of each. Sarasota had the highest median rent, while Winter Haven had the lowest median rent of the…

These 20 Tampa Bay ZIP codes are delivering the best ROI

The Tampa Bay ZIP code with the largest return on investment belongs to 34287 located in North Port. The area saw a 1,341 percent return on investment — good enough for 73rd in the nation. Overall, the bay area's top ZIP codes saw return on investments of at least 840 percent. Pinellas County had the most ZIP codes in the top 20, while Pasco and Polk had the least with zero. Tampa's housing market is “very hot,” according to real estate website Zillow. The city has seen a 2.4 percent increase…

These Florida counties are among the most — and least — affordable for housing in Q3

Some Tampa Bay counties fared better than others when it came to housing affordability in third-quarter 2019. Irvine, California-based Attom Data Solutions released its Q3 2019 home affordability report, which found that not all Florida counties are equal when it comes to providing affordable housing. The company analyzed more than 498 counties in the U.S. to generate an index on which markets in America had the most and least affordable housing, using factors such as average yearly salary and percent…