Archive for the 'South Tampa' Category

South Tampa Neighborhood Focus: Palma Ceia

March 5th, 2008 categories: Tampa Real Estate, Tampa Homes, South Tampa, Tampa Neighborhoods, South Tampa Neighborhoods

Palma Ceia is one of south Tampa’s more desirable locations. It is centrally located on the Interbay Penisula, just east of Dale Mabry Hwy, which bisects the peninsula from north to south. This location puts the neighborhood in excellent proximity to schools, shopping, services, and all of south Tampa’s primary activity cores. It is very close to both Plant High School and the Palma Ceia Golf and Country Club.

Developed beginning in the early decades of last century, Palma Ceia has a mix of older homes as well as many newer homes built in recent years. There are many well preserved and restored bungalows, built in the 1920’s. Mediterranean (Spanish) style homes are also abundant in Palma Ceia. Current home prices in Palma Ceia range from the mid $200’s to $1 million+.

For the south Tampa home buyer that loves the charm of the older and sometimes more architecturally interesting homes (my opinion), Palma Ceia is great neighborhood in which to focus. But at the same time, Palma Ceia also has many newer homes, many built within the last 5 years. There are also some townhomes in Palma Ceia as well, but the predominating property type is single family. The zoning in Palma Ceia is in large part RM, or multi-family. There has been a recent push to re-zone much of Palma Ceia to RS (single-family) to match the predominating nature of the area.

Much of the charm of Palma Ceia comes from the many older homes, as well as the many grand live oaks, and the red brick streets (limited sections) of early last century. The predominating lot size is 50′ x 100′, but there is a section of Palma Ceia with many 100′ x 100′ lots also.

Click on any of the Palma Ceia home photos above for further information.

Browse more Palma Ceia Homes For Sale

Posted by Lenny Gurvich | No Comments »

It’s All About The Grid-Tampa Luxury Home Sales

January 25th, 2008 categories: Tampa Real Estate, South Tampa, Tampa Waterfront Homes, Tampa Luxury Homes, Tampa Neighborhoods, South Tampa Neighborhoods

Doing some research this afternoon, and in looking at sales (single family homes) over and above $2.2 million dollars in Hillsborough County since 2003 we find:

There have been 83 of them.
Median size is 6114 sqft.
Biggest concentrations? Grid WL18 (South 1/2 of Davis Islands) leads the way with 15. Next up is WH17 (Culbreath Isles) with 12. WL17 (North 1/2 of Davis Islands) and WJ17 (Golfview area) each have 7 apiece. The other 42 are fairly scattered.
Average days to sell = 191.
Average Sold price per sqft: about $497

Data used is from Mid-Florida Regional MLS, all brokers/agents included. Does not include any private, non-brokered sales.

add to:



Hide Sites

Posted by Lenny Gurvich | No Comments »

Charlie’s In The Hood! Charlie’s In The Hood!

January 15th, 2008 categories: Tampa Real Estate, South Tampa, Tips for Sellers, Hillsborough Property Tax

From an e-mail received today:

There will be a “Vote Yes on 1″ Rally and Press Conference with Governor Charlie Crist on Wednesday, January 16th at 3611 S. Church Avenue, Tampa, 33629. The NEW time for this important event is 1:15 p.m. You and all Amendment 1 supporters are encouraged to attend!

Well I’m not really a supporter of Amendment 1, but this is within walking distance (OK, maybe pedaling distance) of my home. So I think I’ll break out the bike, pump up the tires and pedal on over to take this in (parking will surely be limited). I did vote for Charlie, so the least I can do is keep an open mind and listen closely to his reasoning in supporting this property tax reform (and question those that do support it). The home at this address is listed for sale, and I imagine the focus of the “rally” will be in how Amendment 1 will benefit the seller (will it?).

Is it because property taxes and homeowner’s insurance reductions were a major component of Charlie’s platform? I would think so. How can he oppose it? The e-mail was from GTAR, the Greater Tampa Association of Realtors, of which I am a member. FAR and GTAR support Amendment 1.

I just don’t think this is what Floridians expected from our legislature. It was my assumption that a major problem with our property tax system was the inequities created by Save Our Homes. Amendment 1 does nothing to address that.

So hey, I’ll pedal over and take it all in. Could my mind be changed? Doubtful. I think I’ve heard all the arguments for Amendment 1, and nothing has come close to having the effect of an idealogical shift just yet.

add to:



Hide Sites

Posted by Lenny Gurvich | No Comments »

Noisy Nights On Westshore

December 19th, 2007 categories: Tampa Real Estate, South Tampa, Westshore, South Tampa Neighborhoods

If you live on the far west side of the Interbay Peninsula, as I do, with no doubt you’ve noticed the increase in larger aircraft using the east runway at TIA. I’ve noticed that around 11:30pm for the last few nights, there is a steady flow of noisy air traffic for about an hour or so.

The larger aircraft typically use runway 36L that brings them in over the bay instead of right over Westshore Blvd as runway 36R does. But since there are some rather large cranes just south of the airport that begin construction work at 11pm, 36R will be getting more nighttime use.

The construction is tied to the Tampa Airport Interchange Project, the mess near Spruce and the expressway. Here’s the disturbing news: “Based on the FDOT’s construction schedule, this situation will have to occur over the next 3 years.”

TIA, in its efforts to keep area residents notified, has created a Community Noise Impact Notifications page on its website so that we can know when to go to bed with the earplugs in place. You can even sign up for e-mail notifications. Comforting, is it not? Check it out: Tampa International Airport noise impact.

But in TIA’s defense we have one of the best airports in the world. I grew up in New Orleans, and the airport formerly known as Moisant, is much the same as it was in the 1970’s, awful. But I still look forward to the bumpy landing there in anticipation of grabbing a beignet and a Daquiri. And at least TIA is being pro-active and doing something to keep residents in the know. The new interchange will hopefully improve what is currently a clusterf…, if you know what I mean.

Read the latest TIA Community Noise Consortium Letter.

add to:



Hide Sites

Posted by Lenny Gurvich | No Comments »

How Far Have Tampa Home Prices Rolled Back?

December 6th, 2007 categories: South Tampa, Tampa MLS, Tampa Market Conditions

A visitor commented on a recent post and asked how about how Tampa home prices compare to 2002 levels. We know that prices have rolled back substantially in some areas, with some experiencing more of a correction than others. But just how far have they rolled back in South Tampa?

Let’s take a look at a specific area and specific type of home. Here’s what I’m looking at:

• Area: West of Dale Mabry, south of Kennedy, north of Gandy and east of Dale Mabry south of Bay to Bay, north of Gandy, or MLS areas 210–212 if you know what that means.
• 3/2 homes built between 1940 and 1960 having no more than a 1–car garage, from 1200–1700 square feet in size, not on the water, and with no pool.

In looking at homes with those criteria sold between 9/1–2002 and 12/6/2002, here’s what I find:

• Thirteen homes match that criteria.
• Sold prices range from $139k for home of 1225sqft. on Bay Vista in the Norma Park subdivision (across from Manhattan Elementary), to $268.5k for a home of 1800sqft. on Drexel Ave in the Lynwood subdivision (near where the Crosstown Expressway crosses Euclid Ave).
• The median list price was $180k with a median sold price of $175k.

So let’s compare that to the same time period in 2007:

• Nine homes matching that criteria have sold.
• Sold prices range from $222k for a home of 1284sqft on Lawn in the Anita subdivision (south of Euclid between Manhattan and Westshore), to $385k for a home of 1500sqft, on Azeele St. near Church Ave.
• Median list price was $369k, while median sold price was slightly over $348k.

How about in the peak (activity) year of 2005?

• Fifteen homes matching the criteria sold, same time period.
• Prices ranging from $214k (1288sqft) to $415k (1800sqft)
• Median list was $329k while the median sold was $320k.

So what do you know? For these homes, in these areas, 2007 sold prices are tops. This is a small sampling of homes in a small geographic area that does little to tell the story of what’s happening in general all over the Tampa Bay area. But the point is that it really depends on the product and on the area.

We know that the median price of homes in the Tampa Bay area has receded, to 2004 levels in many areas. But homeowners in these South Tampa neighborhoods, with this type of home are, in general, doing pretty well. Location matters.

To see what’s happening in your area, use our handy Market Snapshot tool.

If you are interested in selling your home, or need to sell your home, feel free to contact me for a more detailed report on your home and neighborhood.

Data used is from the Mid-Florida Regional MLS, all brokers/agents included. Data does not include private, not brokered sales.

Subscribe to these reports.

add to:



Hide Sites

Posted by Lenny Gurvich | No Comments »

« Previous Entries

Next Entries »

Also Noteworthy

How's The Market In Your Neighborhood?

 

What I'm Reading:

• FloridaFoodHound
• Tampa Bay Rays Blog
• Sticks of Fire
• Funny Stuff
• Get Your Grill On
• Retro Renovation
• Atomic Addiction

Real Estate Blogs

• Real Estate Blog Directory