What Cities Are Near Tampa FL?
Do you wish to live and thrive in a compelling metropolitan area but also feel like you’re on a beach holiday every day? In short, this is one of the many advantages of moving to Tampa, Florida.
Tampa is one of the best places to live in Florida. The city offers its residents an urban-suburban ‘mixed-bag’ vibe with an elegant combination of modernism with historical-cultural heritage on display. There are 380,000 residents, and the city forms a significant part of the ‘metropolis’ known as the Tampa Bay Area. Tampa is a good place to be and a keeper!
How is Tampa different from the neighboring cities?
Popular amongst families, new and old ones, young employees, and fresh home seekers, Tampa has several advantages compared to nearby cities and towns. Now, with an affordable housing market, residents tend to lean liberal. Furthermore, the public schools in Tampa are above average, better than in the neighboring cities.
Tampa's housing expenses are 23% lower than the national average, in addition, the utility prices are 16% higher than the national average.
The neighboring cities are Egypt Lake-Leto, Temple Terrace, Lake Magdalene, Mango, Brandon, Citrus Park, Bloomingdale, Lutz.
The classic rivalry between St. Petersburg and Tampa
Since St. Petersburg and Tampa are located in a 30-minute-ride vicinity from one another, many people refer to them wrongly as one metropolitan area. Because of this confusion, the two cities behave like dysfunctional families emphasizing their own identity.
As opposed to Tampa, St. Petersburg is almost completely isolated by water, and there is no room for additional geographical expansion; therefore, the real estate prices there tend to increase over time.
Tampa experienced growth in housing prices of 4.8% from 2019, and the local realtors in Tampa FL are predicting a 4.5% increase for 2021. Tampa has a median house price of $248,000, while S. Petersburg is at $228,000. In time, Tampa has evolved into a high demanded real estate market. The real estate trends in St. Petersburg, however, are constant and stable. The duality between these two cities, however, helped their growing economy.
One thing is for sure! The whole Tampa Bay area is worth exploring, for you and for your family!
Popular Real Estate Questions
Popular Real Estate Glossary Terms
A loan indemnified against default by the borrower. Such loans may be a mortgage loan insured by a standard mortgage insurance policy or by FHA mortgage insurance. In the event of the death ...
Unincorporated combination (roll-up) of limited partnerships in a real estate together as a group. It is usually more comprehensive, financially sound, and marketable than individual ...
The concept of a release can define various meanings in the financial and real estate business. Typically, it establishes a discharge or literal escape from a loan borrower's economic ...
The company is not responsible to a third party if an account or financial instrument is dishonored by the debtor. The creditor's recourse is solely to the debtor's property. An example is ...
An official indicating intensity of land use in a zoned urban area. ...
An agreement allowing occupancy of a premises for a stated period of time provided certain terms are met. A limited occupancy agreement is most frequently used when a prospective buyer is ...
Charitable gesture, such as when real estate is donated to a charity. The fair market value of the donated property may be tax deductible as a charitable contribution. ...
The meaning of a grace period refers to a specific time after a payment’s due date. During this period, one can reimburse the amount without penalty, extra costs, or forfeiture. Find ...
Legal lien on property on behalf of an individual who has not been paid for material furnished in constructing property. The material enhanced the value of the property, and as such the ...
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