Tampa is the state of Florida’s third largest city and it is considered one of the best places to live within the United States. The cost of living in Tampa is relatively low, the weather is mostly sunny, the city offers great amenities and there is stable housing market within this metropolitan area. Real estate for sale in Tampa, Florida is affordable and the average cost of a home is $140,000. The following information will focus on some key neighborhoods in Tampa and the property which can be purchased for residential or business purposes.
New Tampa
The suburb of New Tampa is a part of the city and is the fastest growing region in the area. At least half of all people which relocate to Tampa will settle in the New Tampa area. Since so many people relocating to this part of town, the housing market is stable and prices are higher than in many other parts of the city. The average cost of a home in New Tampa is close to $214,000 but business property values are identical to the rest of city.
Davis Islands
Davis Islands is the most expensive and affluent part of the city. It is located in south Tampa next to the downtown area. Many people consider this part of the city as South Tampa. A lot of wealthy and well known national and international celebrities reside in this part of the city. People can only access Davis Island by taking a bridge into the community. The average cost of a home in Davis Islands is close $527,330. Businesses that operate in this part of the city also pay out a higher price as well.
South Tampa
South Tampa is considered the cultural and social epicenter of the city. This part of town has a mixture of wealthy and middle class people. People who work and live in this area could pay out at least $145,000 for a home or millions for a business. Since this part of the city is very popular and stable, property values tend to appreciate over time. South Florida has some of the best real estate for sale in Tampa, Florida.
Temple Terrace
Temple Terrace is a neighborhood in Tampa that has a strong connection with the University of Florida. Many people who reside in this part of town work at the university. The homes in the area are priced around $140,000 but this part of the city is not considered influential or affluent. However, it is fairly decent place for families and businesses to live and work. Real estate for sale Tampa, Florida is abundant in Florida for residential and commercial properties.
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