Tampa Bay Real Estate: Market Developments & Trends

56-unit Lakeland community sells for $10M An aerial view shows the 56-unit apartment community at 915 Ariana Street in Lakeland that sold for $10 million, according to Colliers.

An aerial view shows the 56-unit apartment community at 915 Ariana Street in Lakeland that sold for $10 million, according to Colliers.

56-unit Lakeland community sells for $10M

Chuck Merlis February 13, 2026

The seller expanded the property in 2024 before the $10M sale.

Tampa City Council denies Magnolia Hotel land use change in Hyde Park Rendering of the proposed Magnolia Hotel & Residences at Swann and Magnolia avenues in Hyde Park, near Bayshore Boulevard in Tampa.

Rendering of the proposed Magnolia Hotel & Residences at Swann and Magnolia avenues in Hyde Park, near Bayshore Boulevard in Tampa.

Tampa City Council denies Magnolia Hotel land use change in Hyde Park

Chuck Merlis February 13, 2026

Council denies land use change for $136M Magnolia Hotel in Hyde Park.

Developer explains why Tampa’s downtown police HQ drew zero bids Tampa Police officers standing in a line in front of the Tampa Police Department headquarters, a tall blue-glass building in downtown Tampa.

Tampa Police officers standing in a line in front of the Tampa Police Department headquarters, a tall blue-glass building in downtown Tampa.

Developer explains why Tampa’s downtown police HQ drew zero bids

Chuck Merlis February 13, 2026

The city wanted at least $36 million for the downtown site. Developers say the math likely didn’t...

City Council set to vote on Magnolia Hotel land use change tonight Rendering of the proposed Magnolia Hotel & Residences at Swann and Magnolia avenues in Hyde Park, near Bayshore Boulevard in Tampa.

City Council set to vote on Magnolia Hotel land use change tonight

Chuck Merlis February 12, 2026

Council will decide whether Hyde Park’s Magnolia site can shift to mixed-use hotel development.

Rays owner Patrick Zalupski’s firm buys Saddlebrook land Aerial view of Saddlebrook Resort in Wesley Chapel, showing pools, golf course and resort buildings.

Aerial view of Saddlebrook Resort in Wesley Chapel, showing pools, golf course and resort buildings.

Rays owner Patrick Zalupski’s firm buys Saddlebrook land

Chuck Merlis February 10, 2026

The $8.5M deal tees up 118 townhomes and new retail near SR-54.

Tampa board weighs MOSI land use change Museum of Science and Industry building along East Fowler Avenue in Tampa’s University area.

Tampa board weighs MOSI land use change

Chuck Merlis February 9, 2026

A proposed map amendment would remove the industrial label from the MOSI site and unify it under...

Village On The Isle pays $21.5M for Venice property Village On The Isle sign outside the nonprofit Life Plan Community in Venice, Florida.

Village On The Isle pays $21.5M for Venice property

Chuck Merlis February 9, 2026

A full campus and a wait list drive Village On The Isle’s $21.5M land purchase in Venice.

International Plaza set for major redevelopment Bay Street entrance at International Plaza in Tampa, where a major redevelopment is planned.

International Plaza set for major redevelopment

Chuck Merlis February 4, 2026

Plans include an open-air expansion, Bay Street updates and interior upgrades, with construction expected to begin in...

Gasworx developer joins Gas Plant redevelopment bid A bird’s-eye rendering highlights the full scale of the Gas Plant District proposal, spanning nearly 100 acres with housing, office, retail and open green space.