The first four months of 2013 saw the sale of 43 units of multi-million dollar Tampa Bay homes, much better than the sales performance of multimillion dollar Tampa homes in the first four months of 2009, 2010, 2011 and 2012.
Most of these homes sold were single-family homes and villas and mostly, they account for less than 1 percent of each month’s sale.
First 4 months of 2013 — 43 multi-million homes sold
First 4 months of 2012 — 39
First 4 months of 2011 — 35
First 4 months of 2010 — 33
First 4 months of 2009 — 27
For multi-million dollar sales this year, 2013, here are common characteristics and significant trends, based on data from My Florida Regional MLS.
1. Most are single-family homes with private pools and 4 to 5 bedrooms.
2. Most are located in South Tampa, particularly on Davis Islands, and on Harbour Island.
3. The most expensive home is a custom-built waterfront mansion, listed for $6,495,000 and sold for $5,500,000. It is located on Harbour Island and has a heated area of 7,399 square feet. It includes a deeded dock slip and lift. It was also paid in cash.
4. Fifteen (15) mansions were paid in CASH.
5. The rest of the homes were financed with new conventional loans or a combination of cash and conventional loans.
6. The oldest home was built in 1927, located on Davis Islands, and was sold for 2 million dollars. Each of the seven bedrooms has either a grand waterfront view or a view of the gardens and oak trees.
7. The newest home was built in 2013, located on Davis Islands, and was sold for 3 million dollars.
8. The largest home, with a heated area of 11,780 square feet, is a six-bedroom mansion in Odessa, listed for $2,199,000 and sold for $1,999,000.
9. The smallest home is a three-bedroom Towers of Channelside condo and has a heated area of 2,985 square feet. It was listed for $1,195,000 and sold for $1,040,000.
10. Two homes were purchased at their listing prices: one home in Culbreath Isles with heated area of 4,483 square feet, listed and sold for $1,250,000; and another home in Parkland Estates with heated area of 4,692 square feet,
listed and sold for $1,330,000.