Which neighborhoods in Tampa Bay will see biggest growth

Which neighborhoods in Tampa Bay will see biggest growth

Rental Property Investor · Tampa, FL · Member since 2019 · 48 posts · 14 votes

You hear that companies are relocating to tax friendly states and when I speak to Tampa agents they say companies are moving in but I don’t hear much about Florida let alone Tampa. And if it is Florida, it’s typically in Miami. I hear Texas, Tennessee, Nevada, Arizona....but not a whole lot in Florida. Am I wrong?

And if I am wrong, which neighborhoods will see the biggest appreciation in your opinion?

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Real Estate Agent · Greater Tampa Bay · Member since 2017 · 392 posts · 290 votes
6y

@Vera B. Tampa is becoming a big destination for Tech companies believe it or not. South Tampa is very dense and prices are through the roof. As @Steve Smith said, growth is to the north and will continue to be that way because there isn't much room for it to grow anywhere else. 

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  • Member since 2020 · 217 posts · 167 votes
    6y
    Yes, businesses are moving to FL, but you might do some research on Tampa specifically. What is your goal? Looks like your a NY investor? I could argue to invest where you live, so if you are moving to Tampa, invest there. The market is good in Tampa. Growth is to the north. Appreciation has been good since before 1970. There are some bad spots in Tampa which may not yield the best appreciation.. older frame homes.
  • Real Estate Agent · Greater Tampa Bay · Member since 2017 · 392 posts · 290 votes
    6y

    @Vera B. Tampa is becoming a big destination for Tech companies believe it or not. South Tampa is very dense and prices are through the roof. As @Steve Smith said, growth is to the north and will continue to be that way because there isn't much room for it to grow anywhere else. 

  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 4k+ votes
    6y

    @Vera B.

    If you speak to any agent, they will tell you how their city is the greatest and how the city is a great investment opportunity, jobs are coming, people are coming.

    It is always on you do verify this information or do your own due diligence. 

    Are you asking about fortune 500 companies? or just companies in general?
    If you are asking about fortune 500 companies - that is all public information

    Regarding jobs in general you can likely check the BLS(Bureau of Labor Statistics).

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