Millennials in Tampa Bay are starting to buy houses and that’s going to revolutionize real estate

When Michael Berry first moved into Tampa’s Madison at Soho condos, he liked being smack in the midst of the lively bar and restaurant scene on South Howard Avenue. That was two years ago. Now Berry is 26, about to turn 27. So is his fiance, Alicia Kais. “We’ve had our fun here, but it’s a little loud, a lot…

Tampa is the second best city in the nation to invest in real estate, study finds

It has a hot, muggy climate, dangerous mosquitoes and a never-ending string of bizarre-o happenings. Still, Florida remains one of the nation’s best places to invest in real estate, and Tampa is one of the best cities to invest in. That’s according to GoBankingRates, which ranks Tampa second among the top 15 U.S. cities in which to own investment property….

Tampa Bay home prices jumped 20 percent in August, more than any metro area in Florida

Tampa Bay home prices soared nearly 20 percent in August, outpacing all other metro areas in Florida. The big year-over-year price gain was great news for sellers, pushing the bay area’s median price for single-family homes to $209,900 with even higher amounts in Hillsborough and Pinellas counties. But the increase in prices was propelled by a continued — and worrisome…

When it comes to home prices, Tampa Bay’s cities are a bargain, study finds

Looking for the most affordable place to buy a home in the Tampa Bay area? New Port Richey might be a good choice. The average listing price of a four-bedroom, two-bath house in the Pasco County city is just $154,830, according to Coldwell Banker. That ranks New Port Richey fourth-lowest in Florida and about $550,000 less than top-priced Key Largo….

Condo construction to begin this fall on Belleview Biltmore Hotel site

With half of the 26 condo units already sold, construction will begin in October on the first of four mid-rises planned for the site of the Belleview Biltmore Hotel. JMC Communities announced Thursday that it also will spend $13 million to move and convert part of the original building into a boutique hotel. Ranging up to 3,676 square feet, the…

Development is making St. Pete and Tampa downtowns more pedestrian friendly

All those apartments, condos and houses going up in and around downtown St. Petersburg are giving the city a boast-worthy distinction — it’s among the nation’s top 10 urban areas for “walkable new construction.” And Tampa isn’t far behind, according to the national real estate brokerage Redfin. While many parts of the Tampa Bay area remain inconducive to a pleasant…

Sundial shopping center in downtown St. Petersburg is for sale

Sundial, downtown St. Petersburg’s entertainment and shopping complex, is for sale. Developer Bill Edwards bought the once-troubled property, which was then known as BayWalk, in 2011 for $5.2 million. He heavily remodeled it and lured an impressive array of shops and restaurants. Rumors had swirled for some time that the property would be sold. It was listed Wednesday. Within a…