The Tampa, Florida real estate market has seen a surge in listings, with 3,021 homes for sale. Property taxes in the area are relatively low, making it an attractive option for real estate investors. The best neighborhoods in Tampa offer a higher rate of return for rental properties, with larger short-term rentals such as 4- and 3-bedroom homes providing the highest returns. For those looking to diversify their investment portfolio, there are 172 townhomes for sale in Tampa, Florida.
Townhomes offer a higher rate of return than condominiums and are the second most profitable property type in the Tampa real estate market. Investors can also take advantage of foreclosed homes available for sale in Tampa, Florida. Condominiums make up 16% of all Tampa real estate listings and are trading 70% above the national average value. As an expert in the field of real estate investing, I recommend that investors use the Mashvisor platform to gain insight into the Tampa real estate market.
This platform provides investors with numerous indicators and factors to consider when investing in the Tampa real estate market. This includes the average price of the property, traditional and Airbnb rental income, traditional and average return on cash, Airbnb occupancy rate, optimal rental strategy, and rental compensations. The optimal number of rooms in a traditional rental property to make money on real estate is 3 and 2.When investing in the Tampa real estate market, it is important to consider the number of bedrooms that will provide the highest return on investment. Generally speaking, larger homes with more bedrooms tend to provide higher returns than smaller homes with fewer bedrooms.
However, this is not always the case as some smaller homes may be located in more desirable neighborhoods or have other features that make them more attractive to potential renters. In conclusion, when investing in the Tampa real estate market it is important to consider all factors including location, size of home, number of bedrooms, and rental income potential. The optimal number of bedrooms for a traditional rental property is 3 and 2.However, investors should also consider other factors such as location and amenities when making their decision.