South Tampa Homes for Sale

Riding my bike along Bayshore a couple of weekends ago, I was thinking about all the South Tampa homes I know of that have sold and rented in South Tampa over the last year or so. Every home that I noticed in Ballast Point that had been for sale or rent had sold or rented. Several homes were currently being rehabbed and there is a good amount of new homes being constructed. It continues to amaze me what kind of opportunity there is in South Tampa on so many levels of real estate. Whether someone is looking to buy, rent and hold, or rehab and flip, there are deals to be had. More and more knock downs and new homes are starting to pop up and that side of things will grow over the next few years as I’m already seeing it happen with several builders.

I’m working with several buyers in the $200-$250K looking for South Tampa Townhomes, and we can’t find anything available for the last 6 months. When something does come on the market, it’s immediately jumped on by all the buyers in that range because there is a shortage in supply for those homes.

Due to all the negative media about the real estate market, the general public shys away from making smart real estate purchases and the smart money makes it by scooping up all the deals and renting them back to the people sitting on the fence. People have the tendency to make the national real estate market statistics their own local statistics in their mind and nothing could be further from the truth when it comes to  South Tampa homes. Prices are starting to go up in pockets and now is the time people will look back and say I could have bought this for that while kicking themselves that they didn’t. Those facts combined with the lowest interest rates that will probably ever be seen in our lifetime make this environment the perfect storm of a real estate opportunity. The gold rush is on in South Tampa so come get a deal before they are all gone.