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South Tampa and Clearwater Luxury Homes Are the Most Popular Tampa Bay Million Dollar Homes

Posted on December 15, 2015

Luxury homes in South Tampa, Clearwater Beach, other Gulf of Mexico beach communities and in downtown St. Pete were the top-selling million-dollar and multimillion-dollar homes over the 11-month period from January to November 2015, based on sales data that can be searched on the My Florida Regional Multiple Listing Service portal.

 

The top Tampa Bay luxury real estate markets in 2015 were the following zip codes:

ZIP CODE COMMUNITIES COUNTY NUMBER OF HOMES
SOLD in 2015
33629 Culbreath Isles, Sunset Park,Alagon on Bayshore
Bayview Estates Hillsborough 46
33767 Clearwater Beach Pinellas 44
33606 Davis Islands, Hyde Park West Hillsborough 38
33708 Redington Beach, Madeira Beach
Redington Shore, North Redington Pinellas 36
33701 St. Petersburg Pinellas 32
33609 Beach Park, Bayshore Estates
West Shore Crest Hillsborough 26
33704 St. Pete, Snell Isle Shores Pinellas 24
33706 St. Pete Beach, Treasure Island Pinellas 23
33785 Indian Shores Pinellas 17
33715 Tierra Verde, Bayway Isles Pinellas 15
33602 Island Homes, Towers of Channelside
Plaza Harbour Hillsborough 14

All in all, there were 488 Tampa Bay million-dollar and multimillion-dollar homes sold in the first 11 months of 2015, from January 1 to November 30, 2015. The sale prices ranged from $1 million to $4.9 million.

Types of Home Sold in the Four Tampa Bay Counties (Hillsborough, Pinellas, Pasco and Hernando counties):

Of the 488 homes sold across the Tampa Bay area,
372 were single-family homes
109 were condos
6 were townhouses
1 was a half-duplex

Most Expensive Luxury Homes Sold in the Tampa Bay area:

The two most expensive homes sold were each sold for $4.9 million:
a 6-bedroom Mediterranean-inspired mansion waterfront single-family home on Davis Islands with a dock and a boat and 2 jetski lifts,
and a 4-bedroom corner-unit penthouse condo with 2 basement-parking spaces and a beachside cabana at Residences at SandPearl Resort in Clearwater Beach.

Types of  Luxury Homes Sold in Hillsborough County

Of the 195 homes sold in Hillsborough County,
181 were single-family homes
12 were condos
2 were townhouses

Types of Financing Used in Hillsborough County

61 were paid in All Cash
122 were paid with New Conventional loans
4 were paid with New Private loans
3 were paid with Assume Conventional loans
3 were paid with Combination loans
2 were Other types of financing

Number of Bedrooms of Homes Sold in Hillsborough County

Most of the buy luxury homes are 4-bedroom and 5-bedroom properties.

3 two-bedroom homes were sold
14 four-bedroom homes were sold
70 4-bedroom homes were sold
84 5-bedroom homes were sold
24 6-bedroom homes were sold

Types of Luxury Homes Sold in Pinellas County

Of the 283 Pinellas luxury homes sold
181 were single-family homes
97 were condos
4 were townhouses
1 was a half-duplex

Types of Financing Used to Pay Pinellas Luxury Homes
126 were paid in All Cash
130 were paid through New Conventional loans
10 were paid through Other types of financing
5 were owner-financed
4 were paid through Assume Conventional loans
2 were paid through New Private loans
2 were paid through New VA loans
1 was paid through a Combination loan
1 was paid through a New FHA loan
1 was paid through ARM

Number of Bedrooms of Luxury Homes Sold in Pinellas County

10 two-bedroom homes were sold
98 three-bedroom homes were sold
100 four-bedroom homes were sold
56 five-bedroom homes were sold
15 six-bedroom homes were sold
2 seven-bedroom homes were sold
1 eight-bedroom homes was sold
1 thirteen-bedroom homes was sold

Pasco Luxury Home Sales

A total of 8 luxury homes were sold and all were single-family homes.
Five were 5-bedroom homes and three were 4-bedroom homes. Two were paid in All Cash and five were paid through New Conventional loans.

The Wesley Chapel zip code of 33543 sold the most number of luxury homes.

Hernando Luxury Home Sales

Only one Hernando luxury home was sold over the January-November period. It was a single-family 4-bedroom home located in Brooksville.

Luxury Waterfront Homes Are the Most Desired Million-Dollar and MultiMillion Dollar Homes

 

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