Whether you are looking for homes for sale in South Tampa or condos you basically have everything down there. If you are a first time home buyer, you could find homes for $100,000, $150,000, granted they are going to be very small and older but you could definitely find them if you want to live down there.
Also if you are looking for luxury homes in Tampa, there are just tons of luxury home communities, areas like Westshore Yacht Club, Hyde Park, Palma Ceia, Beach Park, Sunset Park, and Culbreath Isles. When it comes to condominiums whether you want to be over in the Channelside area or you want to be in Harbor Island or if you want to be in Bayshore, there are just a string of high-rise condominiums and very, very luxurious condominiums on Bayshore that have both the city and the ocean view.
The downfall about South Tampa and it is like this in any downtown area, it is very expensive for what you get, because keep in mind this is the nucleus of the city and the lots are expensive. Give Hyde Park for example, if they are in Hyde Park and it is a little teeny home usually someone will buy that home, rip it right out of the ground and build a mansion there because the land is so valuable. If you buy a home for $120,000 you have to understand the land is the major value not the home. There is also a community hospital; Tampa General is on Davis Island which is real convenient. There are some little parks there; there are all kinds of shopping and restaurants, there is just everything. As far as downtown areas go and all of South Tampa the downtown area in Tampa is relatively nice. Unlike a lot of cities out there that have a lot of people sleeping on the street, a lot of homeless people, there is not a lot of that in Downtown Tampa. So it makes for a really nice option for people who want to live there.
Like I said, the biggest problem is, you are not going to get nearly the bang for your buck in the South Tampa area or communities that you will a little further north, south, or east. You are going to get a lot more bang for your buck. In areas like New Tampa, Westchase, or Riverview.