Entries by DomresRealEstate

Vacant lot on Davis Islands sells for $5.85 million

A vacant lot on the Davis Islands waterfront has sold for $5.85 million. The lot at 110 Martinique Ave. is .34 acres and is 75 feet wide by 200 feet deep. The seller, a corporate entity linked to Modesta Homes, paid $3.66 million for the property in 2021. The buyer, Sreeram K. Reddy, also owns a property on Harbour Island, records show. The sale closed April 29, according to Hillsborough County property records. Jennifer Zales of Coldwell Banker Residential Real Estate represented the seller.…

Tarpon Springs riverfront compound hits market for $12M

Twenty acres of riverfront property in Tarpon Springs have hit the market for $12 million. The six parcels, owned by the trust of The Carol Martin Estate, are located along the Anclote River and have a combined 1,200 feet of water frontage, according to Smith & Associates Real Estate. The six properties are not all connected as a short distance divides the parcels in half. Both of the two sets of three parcels are gated. The first group contains the main house and two vacant lots and the second…

Tampa Bay home prices see second highest jump in the nation

The Tampa and Miami areas continued in February to have among the nation’s largest increases in home prices when compared to a year earlier, according to a report released Tuesday. The Tampa area saw a 32.6% year-over-year gain in home prices, barely trailing the Phoenix area for the largest jump in the country. Phoenix was at 32.9%, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. The Miami area was third-highest at 29.7%. The three markets also have topped…