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 Forbes' 36th annual list of the world's wealthiest people, seven of the 2,578 billionaires live in the Tampa Bay area. That should give you an idea of the area’s allure to the rich and famous. Here’s a snapshot at some of Tampa’s more affluent neighborhoods:

Bayshore Beautiful

The name alone says it all. With a median home price of $1,039,275, Bayshore Beautiful is more expensive than 96.2% of the neighborhoods in Florida and 93.8% of the neighborhoods in the US. The renowned South Tampa neighborhood offers amazing waterfront views and shady tree-lined streets, along with the Bayshore sidewalk, which as one of the reportedly longest in the world, runs along the waterfront. Bordered to the east by expansive Bayshore Boulevard, the area has sweeping views of some of the most gorgeous homes in Florida.

Sunset Park

A residential enclave in the bustling Tampa area, Sunset Park reminds one of “Old Florida.” Occupying waterfront land approximately six miles from downtown Tampa, the area is known for its pristine fishing activity. The neighborhood, which features parks with old oak trees that line the canals in the area, also is referred to as “Champa Bay,” a shout-out to the recent success of its local sports teams, including the Tampa Bay Buccaneers and Tampa Bay Lightning. A quieter area of Tampa, it boasts a serene coastal atmosphere.  

Harbour Island

Originally named Seddon Island after W. L. Seddon, chief engineer for the Seaboard Air Line Railway, Harbour Island is a master planned community directly linked to Downtown Tampa by two bridges. Residences are located within walking distance of numerous commercial, retail, entertainment and dining establishments, including the Channelside Entertainment Complex, the Tampa Bay Performing Arts Center, the Florida Aquarium, the Amelie Arena, Knights Point and the Tampa Convention Center.

Palma Ceia

The history of Palma Ceia, or “heavenly palm,” dates back to 1903 when golf was rapidly growing in popularity and the Tampa Bay area was experiencing a major real estate boom. In 1903, attorney and developer Thomas Palmer and his wife began developing the area which they originally called Madrid. Today, the neighborhood, recognized as one of the safest in the Tampa area, is home to the Palma Ceia Design District, which contains a number of specialty boutiques and cafes, including some of the highest rated in the city.

Parkland Estates

Developed by Allen J. Simms in the 1920s, the neighborhood of Parkland Estates was one of the many attractive communities Simms built in his day. Today, the neighborhood is defined by gorgeous tree lined streets, and a stunning mix of classic and new homes, both styles that feature some of the finest examples of traditionally southern architecture in Florida.

Beach Park

Beach Park on the Bay, as it was originally called, was one of several 1920s Florida Land Boom communities to spring up in and around Tampa. The first person to own the area was Colonel Harry C. Culbreath, who purchased a large tract of land on Tampa Bay shortly after the Civil War for $1.25 an acre. Today, Beach Park is among the most desired addresses in “old” Tampa. Known as “nature’s beautiful spot,” the neighborhood is lined with oak trees and palms, azaleas and dogwood, and Southern pine and philodendron. With its proximity not only to downtown, but also the airport, interstate, stadiums, shopping and the West Shore business district, Beach Park continues to be an attractive neighborhood.

Posted by Smith & Associates Real Estate on


Email Send a link to post via Email

Leave A Comment

Please note that your email address is kept private upon posting.