Appraiser says not all communities in South Tampa are depreciating in value....that doesn't mean you can't get a great deal! If a home is listed in today's housing market you can bet that sellers are MOTIVATED. Owners are now competing with banks and short sales, therefore they are forced to lower their price.
The prestigious neighborhood has many canal front and open bay view homes, which attracts many homeowners looking for a boating community with all the conveniences of being close to the major highways and Downtown Tampa.
What makes the waterfront community of Beach Park in South Tampa one of the BEST Neighborhoods in Tampa? Appreciation.....Quaint Mature Oak Treed Lined Streets, and the Breezes from Tampa Bay.
The community is the closest luxury residential neighborhood to the Westshore Mall and Westshore Business District. Need to travel? Get to Tampa International Airport in 5 minutes. Fine Dining and the proximity to 3 major bridges provide easy access to Clearwater and St. Petersburg Beaches.
In 2008, The Tampa Bay Business Journal published a news article about the increasing value of some neighborhoods of South Tampa....
A large independent provider of residential real estate appraisals says some Florida neighborhoods are increasing in value, despite statewide averages indicating a drop in home sales prices of 15 to 20 percent.
The South Tampa market, for instance, has seen luxury waterfront and inland properties in Beach Park, Palma Ceia and Hyde Park rise between 5 percent and 8 percent in the past year, a release from Forsythe AppraisalsLLC, based in St. Paul, Minn. said. Forsythe has branch offices in Tampa, Miami, Orlando, Jacksonville and West Palm Beach.
Stats from the MLS show since May 2008 thru January 2009 there have been four Beach Park Homes Sold. *These are only Waterfront, Water view or homes with Water Access.
The lowest sales price was $1,020,00 with the highest being $1,308,00.
Currently there are four homes for sale ranging from 675,00 up to 2,394,000.
The lowest BEST priced home for sale in Beach Park with a water view is $675,000. at ($164.67 per sf)
This home is a beautiful new construction Beach Park Two Story Mediterranean style masterpiece w/Open Bay Views of Tampa Bay from 2nd floor. Master Bedroom has large balcony to watch sunsets over Tampa Bay.
No detail has been unnoticed with Crown Molding throughout, Coiffured ceiling in the Large family room, Wood floors, Travertine Marble, Granite in kitchen & Master bath, ornamental wrought iron railings & much more. This home is a 5 bedroom, 4 1/2 bath masterpiece boasting almost 4100 square feet.
To see this beautiful luxury home please contact Rae at Prudential Tropical Realty: firstname.lastname@example.org or call 813 784 7744