SOHO District Townhome-South Tampa! Mint condition, huge deck and 2 car garage.

2416 W Chicago Ave, Tampa, FL

| Powered by Postlets.

City of Tampa says South Tampa Canal Dredging done by Dec. 2010

One of the BEST Neighborhoods in Tampa !

Owner’s of Million Dollar Homes on the Water in South Tampa finally get the approval on Canal Dredging by the City Of Tampa.  If you are looking to purchase a home on one of the canals that is scheduled for dredging; this is very important information to know. 

As a Realtor working with buyers, I would advise you to visit a property at low tide, as there could be a difference of 3′ in water levels between high and low tides.  This may also be the best time to buy on the water, as property values will increase significantly once the waterways become navigable. 

How did the City determine affected homes?

A recent survey identified approximately 600 properties that do not meet the stated Level of Service(LOS) of 3 feet of water at mean low tide in the center of the canal.  These “possibly affected” properties will be confirmed by a final professional survey.  Properties below LOS will be included in the plan.

My canal has much less sediment than others, why do I have to pay the same amount?

Tampa canals vary greatly in size, shape and amount of sediment.    Having unique costs associated with precise sediment removal would require the City to establish a Special Assessment Area on a per property or per canal basis, which is not feasible.  

Why was the LOS chosen to be three feet at mean low water?

This is a common engineering practice and will provide reasonable depth for navigation and tidal flow.

What’s the benefit?

• Environmental benefits from improved water circulation, creating and restoring marine habitat, and improvement to the Tampa Bay estuary system
• Residents benefit from usable canals and a maintenance program that secures the future condition of our waterways
• City of Tampa benefits by solving a problem that has plagued the City for decades and will improve the quality of life in the area

What are the environmental enhancements?

This dredging will enable the canals to again be habitats for marine life and vegetation.  Submerged invertebrates and emergent vegetation will be used to create healthier, cleaner water.  Environmental details will be finalized as a part of the engineering study, and shared with all affected property owners

 The schedule from this point may extend based on permits, as well as, other external management issues.

December 2010 is the estimated date for the Canal Dredging Construction to be Complete 

More information can be found at the City of Tampa Official Canal Dredging Website 

Please let us know if you would like a list of waterfront homes for sale in the Tampa Bay area. Mailto: realtyrae@yahoo.com 

Developer paid 125m for 160 acres of land in South Tampa, now in foreclosure

It doesn’t seem like four years ago that we all heard about the old Georgetown Apartments being purchased for a new waterfront community in South Tampa off of Westshore Blvd.  Fast forward to 2009 and the apartments are still there and the property is in foreclosure. 

I remember taking clients out showing property and saying “can you believe someone bought that site for 125m”?  At the time, there were plenty of stories just like that, with speculators lined up to purchase some of the last waterfront properties in Tampa.  NewPort Tampa Bay was another project not too far from the Georgetown Apartments that you may also remember.

This was the headline in an article published January 7, 2006

---

 TAMPA – Another boating community is coming to South Tampa.

Developers plan to replace the 624-unit Georgetown Apartments with 1,249 homes, including 90 canalfront houses with boat docks and 99 community boat slips, according to documents filed with the city.  The name was The WESTSHORE BEACH CLUB!

Now that property is being foreclosed on and the City of Tampa has an opportunity to purchase it….

TAMPA — Conservationists want to take advantage of tanking real estate values to buy prime waterfront property in South Tampa.

Tampa Mayor Pam Iorio asked the nonprofit Trust for Public Land to put together a proposal to purchase the old Georgetown Apartments property on West Shore Boulevard after learning the 160-acre property was in foreclosure.

“We have this opportunity because of the economy. It will not come around again,” Iorio said. “And here’s something that’s right in the urban core that could be a beautiful environmental site for our residents.

“ Developers bought the land in 2005 for $125 million, with plans to replace the 600-unit apartment complex with more than 1,200 homes. Iorio said she turned to the Trust for Public Land because the organization can move quickly with a purchase. If the deal goes through, the half of the property that fronts West Shore Boulevard could still be developed at about the same density it is now, and the portion on Tampa Bay could be purchased by the county’s Environmental Lands Acquisition and Protection Program.

That would require approval of the Hillsborough County Commission. Commissioner Rose Ferlita likes the idea. “We need another ELAPP piece of property in the city,” she said. “A little bit of development in the front, a little ELAPP in the back. It’s a win-win.” Since its creation in 1987, ELAPP, funded by county property taxes, has made possible the purchase of 44,700 acres of beaches, woods, swamps and grasslands throughout Hillsborough County. But most of that is in unincorporated parts of the county. “Something like this will be so well received by the South Tampa people,” said Ferlita, who was on the Tampa City Council when plans to redevelop Georgetown were announced.

“In this case maybe the economy did something positive for that community.”Greg Chelius, director of the Trust for Public Land’s Florida operations, said he hopes Bank of America and the other financial institutions involved will give the conservation group special consideration before putting the property on the auction block. “We don’t want preferential treatment in the way of price, but it would be nice to work with them prior to it going out to a nationwide bid,” he said.

Chelius said the Georgetown story isn’t unique. All across the country, the trust has been finding bargains on distressed properties.

What are your thoughts on the possibility of the City of Tampa purchasing this site?  Leave us a comment.

For more information on distressed property in the Tampa Bay area, contact Rae Catanese-Real Estate Agent-Prudential Tropical Realty 813 784 7744

Beach Park Luxury Community, Tampa Fl-Waterview Homes at Great Deals!

Appraiser says not all communities in South Tampa are depreciating in value….that doesn’t mean you can’t get a great deal!  If a home is listed in today’s housing market you can bet that sellers are MOTIVATED. Owners are now competing with banks and short sales, therefore they are forced to lower their price.

The prestigious neighborhood has many canal front and open bay view homes, which attracts many homeowners looking for a boating community with all the conveniences of being close to the major highways and Downtown Tampa. 

What makes the waterfront community of Beach Park in South Tampa one of the BEST Neighborhoods in Tampa?  Appreciation…..Quaint Mature Oak Treed Lined Streets, and the Breezes from Tampa Bay.

The community is the closest luxury residential neighborhood to the Westshore Mall and Westshore Business District. Need to travel?  Get to Tampa International  Airport in 5 minutes.  Fine Dining and the proximity to 3 major bridges provide easy access to Clearwater and St. Petersburg Beaches. 

Aerial Map View-Beach Park, Tampa, FL

 

In 2008, The Tampa Bay Business Journal published a news article about the increasing value of some neighborhoods of South Tampa….

 A large independent provider of residential real estate appraisals says some Florida neighborhoods are increasing in value, despite statewide averages indicating a drop in home sales prices of 15 to 20 percent.

The South Tampa market, for instance, has seen luxury waterfront and inland properties in Beach Park, Palma Ceia and Hyde Park rise between 5 percent and 8 percent in the past year, a release from Forsythe AppraisalsLLC, based in St. Paul, Minn. said. Forsythe has branch offices in Tampa, Miami, Orlando, Jacksonville and West Palm Beach.

Stats from the MLS show since May 2008 thru January 2009 there have been four Beach Park Homes Sold. *These are only Waterfront, Water view or homes with Water Access.   

• The lowest sales price was $1,020,00 with the highest being $1,308,00. 

• Currently there are four homes for sale ranging from 675,00 up to 2,394,000.

  

The lowest  BEST priced home for sale in Beach Park with a water view is  $675,000.  at ($164.67 per sf)

This home is a beautiful new construction Beach Park Two Story Mediterranean style masterpiece w/Open Bay Views of Tampa Bay from 2nd floor. Master Bedroom has large balcony to watch sunsets over Tampa Bay. 

No detail has been unnoticed with Crown Molding throughout, Coiffured ceiling in the Large family room, Wood floors, Travertine Marble, Granite in kitchen & Master bath, ornamental wrought iron railings & much more.  This home is a 5 bedroom, 4 1/2 bath masterpiece boasting almost 4100 square feet.

To see this beautiful luxury home please contact Rae at Prudential Tropical Realty: realtyrae@yahoo.com or call 813 784 7744

Westshore Yacht Club High Rise Waterfront Tower Promotion-Tampa, Fl

Luxury Condo Tower offers deals on inventory condominiums

Castillo High Rise on Tampa Bay

You don’t want to miss out on the Westshore Yacht Club wave of  living in South Tampa. There is something unique about the lifestyle within the community that provides the splendor of living on the water with access to Old Tampa Bay and the marina, yet still enjoy the city life with phenomenal cultural and entertainment venues.

Castillo high rise condo 8th Floor with expansive balcony and waterviews,

Bedrooms	3
Bathrooms	2
Home Type	High-Rise
Living Area	2,000 Sq.Ft.
Region	Tampa, FL

Call Rae 813 784 7744 for more information on select units avaialbe at The Westshore Yacht Club.

See Also: News, Photos and Updates on the Westshore Yacht Club Community

Hyde Park Historical Neighborhood-Tampa, Fl

Hyde Park, Tampa, Florida
From Wikipedia, the free encyclopedia

Hyde Park is a historic neighborhood and district located within the city limits of Tampa. The ZIP code for the district is 33606.

Hyde Park is located near the University of Tampa and close to Tampa’s business and cultural arts district. Roughly, the boundaries of the neighborhood include the Hillsborough Bay to the east, Kennedy Blvd to the north, historic and picturesque Bayshore Boulevard to the south, and Armenia Avenue to the west. Major thoroughfares within the historical district include Kennedy Boulevard, Bayshore Boulevard, Lee Roy Selmon Crosstown Expressway (Florida State Route 618), Howard Avenue, and Swann Avenue

Areas in Hyde Park
There are subareas within Hyde Park. These include Hyde Park Village, a unique shopping district located along Swann and Rome Avenues, and encompasses several city blocks. SoHo, a small sublet that runs though South Howard Avenue; and Bayshore, an area around Bayshore Boulevard.

If Hyde Park were its own independent city, its downtown area would most likely be centered around Hyde Park Village, a unique shopping mall located on Inman and Swann Avenues, and encompasses three city blocks. As opposed to the stuffy covered shopping malls common in the Tampa Bay area, the shopping center in Hyde Park is open and airy, with greenery and fountains everywhere and unique shopping discoveries around every corner.

see also: Best Neighborhoods in Tampa

Other Historical Neighborhoods
Seminole Heights Historic District Map (1)
Seminole Heights history (1)

Tampa Heights

Thinking about buying or selling a home in the Tampa Bay Area? Have a Real Estate question?
Feel free to email or call us 813-784-7744
Rae Catanese, PA and Michelle Jordan, PA
Realtors.

Search MLS
Prudential Tropical Realty