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Spanish explorer Ponce de Leon first arrived in the Tampa
area in 1513, but the Spaniards focused their attention on
settling eastern Florida and left the western real estate
alone. In 1824, only two months after the arrival of the first
American settler, four companies of the U.S. Army established
Fort Brooke, the first Tampa real estate development.
Real estate development of the Tampa Bay region began after
the territory became part of the United States in 1845. In
spite of the blockade and Federal occupation during the Civil
War, the area grew steadily. Henry B. Plant's 1884 railroad
extension to the Hillsborough River provided access to new
areas, and he built lavish hotels along his rail line to attract
visitors.
The University of South Florida (USF) was established in
1956, sparking real estate development in northern Tampa and
nearby Temple Terrace.The biggest real estate development
of the city was the development of New Tampa that started
in 1988 when the city annexed a 24-square mile (mostly rural)
area between I-275 and I-75. Today, the district boasts over
22,000 inhabitants.
Tampa's climate is subtropical, with a threat of frost about
once every 2-3 years. Highs usually stay between 65 and 95
°F (18 and 35 °C) year round, and lows rarely go below
32 °F (0 °C).
During 2006, the Tampa Bay area has experienced a significant
change from a red hot sellers market (1 month inventory) into
a more normal real estate market (6 month inventory) with
some great opportunities for buyers and investors.
New construction continues to boom and home buyers have a
large choice of options from waterfront
to golf club, equestrian
and urban communities.
What is the average Tampa home cost? Prices vary based
on the size, amenities and location of the Tampa real estate
property, but most are in the $223,900 to $229,500 range,
and the state median price is $248,400. There are also some
Fractional Ownership
opportunities in the Tampa area that are becoming very hot.
Tampa Florida Real Estate To Consider
- Cory Lake Isles New Tampa is located in New
Tampa and has two entrances -- one at East Fletcher Avenue/Morris
Bridge Road and another at Cross Creek Boulevard. This
New Tampa community has been developed along the 10-mile
shoreline of Tampa's largest lake, Cory Lake, and adjoins
17,000 acres of protected woodland. The 6,000-square-foot
Beach Club sits on white sand and offers tennis, volleyball,
a playground, canoeing, boat docks and more.
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Meadow Pointe / Meadow Point is a quiet community
designed around a "village" concept, and it’s
close to major employment opportunities, cultural events,
shopping, restaurants, health care & hospitals and
small business centers. Located between I-275 and Bruce
B. Downs Boulevard in Pasco County, Meadow Pointe community
is nestled just over the Hillsborough county line in southern
Pasco County. Meadow Pointe offers several site and floor
plans of single family two to four bedroom homes and townhomes
ranging in all price ranges.
- Carrollwood is a planned upscale community located
north of Tampa. Schools are among the best with several
colleges and universities within 15 minutes drive. The
surrounding communities of Carrollwood offer plenty of
recreational activities including golf, fishing, skiing,
and beach access to many number of lakes. Close proximity
to airport, shopping, and recreation is why homes in this
Tampa community are very much in demand.
- Bayshore/ Harbour Island is between Hillsborough
Bay and Tampa's colorful mansions, this strip entices
outdoor enthusiasts, from rollerbladers and runners to
bikers and powerwalkers pushing strollers. Even four-legged
friends appreciate breathtaking views of the city from
sunrise until after dark. Detour to side streets for a
glass of wine at some of the city's trendiest and tastiest
restaurants. Nominated for Best Place to Bike and Best
Place to Skate.
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Florida Golf's City of the Month
