Vacancy rates:The overall office vacancy rate in Tampa is 9.4%, which is below the national average of about 13%.For residential properties, the homeowner vacancy rate is 1.0% and the rental vacancy rate is 4.2% in the 33619 zip code.Days on market:Specific data on days on market wasn't provided for Tampa overall, but the median days on market for homes is 89 days according to one source.Promising areas:The Westshore and Downtown Tampa submarkets have seen increased occupancy, with an uptick of 175,000 square feet over the past year.The Westshore submarket has seen its vacancy rate drop by 100 basis points year over year to 12.5%, hitting a four-year low.Rental property insights:Tampa has a high percentage of renters, with 53% of the population renting rather than owning homes.The median rent price in Tampa is $2,941.Market trends:Tampa's real estate market has seen strong appreciation, with a total appreciation of 129.39% since Q1 2000, at an average annual rate of 4.41%.The city is experiencing population growth and an influx of young, educated professionals due to increasing employment opportunities.Regarding your interest in a brand new construction SFR with live and work usage, this could be a promising investment given Tampa's growing population and the trend of people seeking to live close to their workplaces.

For example look at the zip code you are building in, for a recent new build in columbus that we do since miami is expensive we pulled all these stats: Zip Code Statistics: 43206Housing Units Delivered: 8 Average Sale Price: 642,875Median Sale Price: 505,000Average Price Per Sq Ft: $316.40Average Square Feet: 2172 Sq FtAverage Bedrooms: 3.25Average Bathrooms: 2.75Average Days on Market: 138We design the house around this, around the lot, around the neighborhood, from scratch and try to pick a long term build design that will do well.

2024 Trends to Watch:- Smaller leases (1,000-15,000 square feet) make up the majority of transactions and movement in 2023.- Tech companies are increasingly starting to call employees back to the office in a hybrid capacity.- Home to over 3,000 tech companies and a host of accelerators and incubators, Austin is quickly developing a reputation as a key player in the US AI startup scene.- According to Built in Austin, defense technology appears to be the leading area of interest for venture capital investors on the Austin tech scene.

The investor market for small multi-family properties in Spokane, WA is currently showing stability and potential for growth.

They would have to pay a commission if they sold w/ a realtor.b.

I am only licensed in WA and HI but am happy to have a conversation, show you the rates you should be getting, etc.

@Tory Kelliher and @Jay M. hit the nail on the head.My 2 cents -- Before even thinking about egress, does your HOA allow you to make the improvement and does zoning allow you to have that amount of usable square footage?

Knowing what I know now...yes, I would take the hit square on the chin and sell.

Need to re-paint walls, doors and trim.3 Bedroom 2 Bath, 1300 sqftHi Brian,I pay between $2.50 to $4.50 a square depending on the house and what type of paint you want and is there damages or dark colors, smells etc... 

High price per square foot.