Entries by DomresRealEstate

Rents in Tampa Bay are increasing faster than the national average

March 21, 2018 in /by

Renting is getting much more expensive in Tampa Bay cities. RENTCafe's February 2018 Apartment Market Report shows renters in St. Petersburg saw the 16th-highest year-over-year increase in average rent among the 250 cities included in the study. While St. Petersburg's increase of 7.1 percent was the highest in the region, all of the Tampa Bay cities included in the report showed an increase higher than the national average of 2.7 percent. The cities included are Tampa (5.2 percent), Lakeland (6.5…

Harbour Island is the best place to live in Florida, according to Niche

March 20, 2018 in /by

Tampa is home to some of the best neighborhoods in the country, according to research and review site Niche. Three local neighborhoods ranked in the top 50 in the country in Niche's 2018 Best Places to Live in America report. Harbour Island was the highest-ranked local neighborhood, at No. 14, followed by Spanishtown at No. 27 and Courier City/Oscawana at No. 50. Niche uses a variety of sources, including federal and local government data, proprietary data and community reviews from each area.…

Caspers’ acquisition of historic Bayshore estate is top residential sale in Tampa history

March 19, 2018 in /by

Tampa's Casper family officially owns the historic Bayshore estate that they plan to convert to a private social club. The Caspers' $9.5 million acquisition of the Stovall-Lee estate, at 4621 Bayshore Blvd., is the highest priced home sale in Tampa history and the third highest for all of Pinellas and Hillsborough counties. The deal closed Monday. A home in Belleair sold for $11.2 million in April 2017; a Belleair property fetched $10.25 million in 2007. Jennifer Zales, an agent with Coldwell…

See homes from Tampa’s Bay largest custom homebuilders (Photos)

March 14, 2018 in /by

While new developments in suburban areas around Tampa Bay tend to comprise subdivisions of production homes, some local areas are being redeveloped one custom home at a time. The March 2 weekly edition of the Tampa Bay Business Journal contains the List of the largest custom homebuilders in the Tampa Bay area. While they reported building across the region, the focus tends to be on South Tampa, Davis Islands, St. Petersburg and many waterfront areas. Builders on the List handle homes priced anywhere…

‘Casual and modern’ waterfront home in Sarasota hits the market at $15 million (Photos)

February 28, 2018 in /by

A waterfront home on Siesta Key that wrapped up construction just two years ago is listed for sale — fully furnished — at $15 million. The house, at 3799 Flamingo Ave., totals 18,706 square feet, with 8,138 square feet of indoor living space. It features modern architecture and a neutral palette. The list price breaks down to $1,843 per square foot. Joel Schemmel of the Schemmel Property Group with Premier Sotheby’s International Realty is the listing agent on the home, which hit the market…