Located just northeast of the city of Tampa and south of Wesley Chapel is the 24-square-mile region known as New Tampa, Florida. Since its annexation by the city of Tampa in 1988, the population of New Tampa has exploded, bringing significantly rapid commercial and residential growth in its wake. A number of residential communities were planned to accommodate for the rapid growth with some of these communities already under construction. High density housing projects, such as townhouses and condominiums, are becoming increasingly popular as the region increases in popularity. New Tampa is also becoming popular with those who wish to further their education due to the region’s convenient location less than 15 minutes north of the University of South Florida.
Quality Education
Founded in 1956, the University of South Florida is a member of the State University System of Florida and currently the seventh-largest public university in the state of Florida with a total attendance of over 47,000 in 2013. The university has quickly earned a very favorable reputation. The University of South Florida was also ranked by U.S. News & World Report as one of the 100 best public schools and was also ranked #8 on the list of “up and coming” universities. Many of the university’s graduate level programs, such as Education, Criminology, Library and Information Studies, and Public Health, consistently rank among the best of the United States in graduate school rankings published by the U.S. News & World Report. The popularity of the developing homes for sale in New Tampa FL is due not only to the fantastic educational opportunities within reach of the region but also the low crime rates, high graduation rates, and above-average median housing values.
Luxurious Lifestyle
New Tampa exhibits some of the greatest natural beauty the state of Florida has to offer. New Tampa features two remarkably gorgeous private golf courses within the region, Hunters Green Golf and Country Club and Tampa Palms Golf and Country Club. The region also features two golf courses that are open to the public, which are Pebble Creek Golf Course and Heritage Isles Golf and Country Club. Many other quality golf courses are located within a short drive of the area, making homes for sale in New Tampa FL a great choice for golf enthusiasts. The New Tampa Nature Park recently opened for residents and visitors to experience nature while enjoying a hike, bike ride, or even a zip-line located within the park. The park connects to Flatwoods Park’s trail system in Hillsborough County to grant access to miles of open trails. For those searching for an exquisitely peaceful residential area located within reach of the finest amenities and services that Tampa has to offer, New Tampa is one of the finest options available. The median housing value in New Tampa is $211,767 – 22% higher than the median housing value in the city of Tampa – with a median rental rate of $1,493. For many, homeownership is the more affordable option in the long-term, but for temporary or seasonal residents, renting a home may be the more affordable option overall. No matter if you’re looking to rent or buy, there’s plenty of luxury in New Tampa for all to enjoy.
If you are interested in more information on homes for sale in New Tampa FL or other real estate in the surrounding area, please contact Rose & Joe LoCicero at (813) 435-5411 or start your home search now.