Top 7 Richest Neighborhoods In Tampa

Davis Islands

At $22.5 million, the custom mansion on Davis Islands in Tampa garnered the highest price ever for a home sale in the area. Smith & Associates sold the home. As one of the wealthiest neighborhoods in the Tampa area, Davis Islands is home to some of the most stunning views of Downtown Tampa. It also is home to a bevy of lavish, pastel-colored Mediterranean-style buildings dating back to the 1920s.


Add in an eclectic mix of cafes and pubs, the always relaxing Dog Beach, a canine-friendly stretch of sand with views of boats and yachts, and Davis Islands Park, a green space with kids’ play equipment, and Davis Islands has everything that the richest, nicest communities have to offer.


On…

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Smith & Associates gives $150,000 in grant awards to non-profits in Tampa Bay

a group of people in white -shirts holding a large check, and orange and white banners

Smith & Associates Real Estate has spent decades supporting residents, businesses, and nonprofits in the Tampa Bay region. The firm has helped so many locals find their first home, their dream home, or a nice place to set roots in this growing area. In addition to being the hypotenuse for buyers and sellers, the agents and team at Smith are committed to supporting the helpers in the cities they represent. With the Smith & Associates Real Estate Foundation launch in the Spring of 2021, the organization further cemented its commitment to giving back to the neighborhoods they serve. In March of 2022,…

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Just how attractive is Tampa's growing real estate market? Ask Netflix, which decided to spin off one of its popular shows, "Selling Sunset," into a series about Tampa's beautiful communities, sunny shores, and Floridian charm. The widely successful series "Selling Tampa" is one of the many attributes funneling attention to what is quickly becoming Florida's favorite real estate destination.

Where to start?

Tampa has 2022's hottest housing market. Not only is Tampa beating out other Florida cities like Jacksonville, Miami, and Orlando, but also major metro areas like Phoenix, AZ, and Austin, Texas*.

Suppose you're looking for the distinctive attributes that lifted Tampa over the rest. In that case, today's home buyers are driven to the area for…

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Home value growth. Scarcity. Availability. The number of potential buyers. When potential buyers scout out the best places to find real estate, these are some items that top their lists—a set of factors that strike at the heart of what people are looking for when investing in a place to call home.

The secret has long been out: Tampa has it all—and more. Along with being ranked the US' hottest housing market in 2022*, the area is steeped in attributes, including beautiful homes and schools, a thriving job market, and a place that continues to be resistant to market fluctuations—housing, economic or otherwise.

That's not all. With home values growing faster than nearly anywhere else in the state—as well as the top national rankings—Tampa is becoming a…

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Smith & Associates Sells-Out Tampa’s First 5-Star Hotel-branded Condominiums

The Residences at Tampa EDITION Sell Out at Water Street Tampa

 

Tampa, FL (April 25, 2022) - Smith & Associates Real Estate is proud to announce that The Residences at The Tampa EDITION are now sold out. The 38 ultra-luxury homes offer urban resort-style living on the top floors of Tampa's first five-star hotel, The Tampa EDITION. Impeccably designed and envisioned by Ian Schrager and Marriott International, the hotel is one of only three buildings in the world to offer EDITION-branded residences.


"The Residences at The Tampa EDITION gained immediate traction in the market. Water Street Tampa has garnered national attention, and people want to be a part of this…

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20 Acre Riverfront Property Hits the Market for $12 Million 

Rare development opportunity for a single-family home community or family compound

 

TAMPA, Fla. (April 28, 2022) –  Six parcels of land owned by The Carol Martin Estate have hit the market in Tarpon Springs. Located on the Anclote River, the property has a combined water frontage of over 1,200 feet. Boat lovers will note the easy access to the open waters of the Gulf of Mexico and the two deepwater marinas located nearby.


The landscaped parcels have an Old-Florida feel with lush, tropical landscaping and are fenced and gated for privacy and security. Priced at $12 million, the 20-acre properties are zoned for 5 units per acre but are currently home to a large private…

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Dramatic Increases in 2021 Luxury Home Sales for Tampa Bay

Tampa Bay’s largest independently owned real estate company, Smith & Associates Real Estate, announced record-breaking sales volume for 2021. The company posted sales of $2.18B, marking a sales growth of 33% for the organization. The banner sales year secures the firm’s dominance as the leader in luxury real estate sales in Tampa Bay.

 

 

“Tampa Bay real estate sales soared last year, and we benefited as an organization from our history as being the leader in the Luxury markets and by our unique understanding of serving affluent buyers and sellers in the markets for generations. This year the value range of luxury took a jump proving that Tampa Bay is following the trends of the…

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Make no mistake about it, the ultimate home theater setup is the stuff of legend. Larger-than-life screens. Deaf-defying sound systems. Plush, comfortable seating. Intimate, mood-setting lighting. An experience that, if done right, rivals any trip to the local multiplex.

With the past two years changing our social engagement patterns, the home theater has once again become one of the more vaunted spaces in today's luxury homes. Today's luxury home theater is not just a big-screen TV, comfy sofa, and surround sound, but a place where you can genuinely express your avant-garde personality.

So, whether you're watching the latest major motion picture release debuting on your favorite streaming service, cheering on your favorite sports team, or doing…

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Nothing dresses up your luxury home like a swimming pool—that secluded backyard paradise homeowners crave to help keep the rest of the world at bay. Over the past two years, the pandemic has made that backyard oasis one of the most sought-after amenities on today's luxury home market. For example, according to HomeLight's "Top Agent Insights Survey for Spring 2021," pre-pandemic, homes with in-ground pools were selling for an estimated $16,137 more than homes without a pool. 

Today, those same homes sell for about $27,199 more than homes without pools—a 69% increase.

Along with being an eye-catching addition to your home's overall personality, a luxury pool offers a variety of benefits that Tampa area homeowners and buyers seek. 

And what's a…

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The good news is that the Tampa area ended 2021 as one of the hottest housing markets in the country with average home values skyrocketing nearly 30% by year’s end. And if that was not enough, heading into 2022, Zillow* jettisoned Tampa from the fourth spot to No. 1 on its list of the hottest housing markets in the US listing.

 Add this good news to the fact that another round of new residents streaming into the Bay area in 2022 will help drive home prices up again.

What does it all mean for luxury home buyers in Tampa? According to real estate site Redfin*, Tampa lands at No. 21 on the luxury real estate markets in the US list, with $1.2 million as the starting point for a luxury property and a median list price of $320,000. The top listing last…

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