Tampa is known as the home to the world's longest cable-stayed bridge and sidewalk. This year, it's also been identified as the hottest housing market, especially for luxury homes.

Considered one of the most populated cities in Florida, Tampa offers a great view of Tampa Bay, a tributary to the Gulf of Mexico. The city's scenic view and excellent vibe have attracted many Hollywood celebrities and athletes, including former Major League Baseball superstar Derek Jeter. 

Last year, Jeter's home sold for $22.5 million within six months, signaling the start of a trend. Since then, the demand for Tampa homes for sale has skyrocketed—a trend that real estate experts predict will continue until this year.  

Below, you'll find a curated list of the most expensive Tampa homes for sale as of this writing: 

1. 1. 5109 W Longfellow Avenue (To be constructed; $13,999,990)

This unique and modern-themed home with four beds and four baths will be built on a sprawling 8,390 square feet (sq ft) area. The property is envisioned to have a four-car garage, ideal for a family. Besides a pool and spa, this opulent home boasts an irrigation system and front, a rear porch, and a balcony that provides a breathtaking view of the Bay.  

1. 2. 42 Sandpiper Road (Under construction; $12,995,000)

This vast home possesses a futuristic design and is embedded with smart technology. Moreover, it boasts seven beds and eight and a half baths straddling its 10,474 sq ft. lot area. Car enthusiasts would be happy to note that this residence can accommodate up to eight cars and still have enough space to entertain guests and family members. 

Like most Tampa homes for sale, this property offers an excellent view of the city's major attractions and easy access to fancy shops and other amenities, perfect for homebuyers who want to experience the city's fun-filled nights.

1. 3. 588 Riviera Drive (Built in 2019; $12,499,999)

If you're ready to move into your new home as soon as possible, this property might be an excellent option. This property's unique amenities include a private dock, customized pool, and a spa area alongside six bedrooms, all within its 6,551 sq ft. land area. What makes it even more attractive is its price tag which had reduced by $1.5 million, even if it's only been on the market for over a month.

1. 4. 5030 W San Miguel Street (Built in 2017; $10,995,000)

Your next posh home could be this property nestled in scenic San Miguel Point property. This Zen-themed home boasts relaxing living spaces and a large yard where you can lounge with your family and guests or chill by the pool. If you want a quick escape, don't worry, as this property is only a few minutes away from the airport. Visit the nearest beach, and shop till you drop in popular shopping centers.     

1. 5. 415 S Royal Palm Way (Built in 2009; $10,500,000)

This property boasts classic luxury despite being more than a decade old. This seven-bed home is built on a sprawling 9,269 sq ft. area, adorned with posh onyx floors and a bronze staircase, making it one of the most luxurious Tampa homes for sale. Besides a theater room, this property has a garage for four vehicles, a generator, pool bath, security cameras, and an outdoor fire pit perfect for barbeque weekends with guests. 

1. 6. 5123 W San Jose Street (Pre-construction; $9,980,000)

This property has made it on the list of the costliest Tampa homes for sale, with a price point below $10 million. Strategically located in the city, this six-bedroom and four-story home will rise on a 7,203 sq. ft. lot with a fabulous view of the Bay.   

1. 7. 64 Martinique Avenue (Built in 2014; $8,999,999)

This property might be an attractive option for executives who'd like to take a quick jab at work while lounging at home. This six-bed and the seven-bath property offers the lucky buyer an office and loft area alongside a state-of-the-art entertainment system. Moreover, the family room provides access to a spectacular sunset view over Old Hillsborough Bay.    

1. 8. 20 Sandpiper Road (Under construction; $8,990,999)

Located in Bayfront, this 8,077 sq. ft. property may only have five beds and five baths. But it has a spacious garage that's big enough to accommodate 10 cars. This yet-to-be-finished luxurious home features an opulent design with the best view of the Bay. An office, wine cellar, a dock, and a lift are only a few of its primary amenities. Best of all, this expansive luxury residence is located just a few minutes away from the airport, shopping centers, and dining spots.    

Key takeaways 

If you're looking to invest in luxury properties, consider these residences built in exclusive communities in the heart of Tampa Bay. Besides lavish interior and exterior living spaces, you'll get a spacious home that promises spectacular waterfront views.  

As 2022's hottest housing market, these Tampa homes for sale may carry a steep price, but their values are expected to rise rather than fall in the coming months.         

References

1.     Crane, B. 02 June 2021. The $22.5M sale of Derek Jeter's mansion proves how hot Tampa's real estate market is. www.axios.com. https://www.axios.com/local/tampa-bay/2021/06/02/derek-jeter-tampa-mansion-sold-who-bought-it. Accessed 19 July 2022 

2.     Berdychowski, B. 05 January 2022. Tampa Bay is Zillow's hottest housing market for 2022. www.tampabay.com. https://www.tampabay.com/news/real-estate/2022/01/04/tampa-bay-is-zillows-hottest-housing-market-for-2022/. Accessed 19 July 2022

3.     Realtor.com. 19 July 2022.Tampa, FL Real Estate & Homes for Sale. www.realtor.com. https://www.realtor.com/realestateandhomes-search/Tampa_FL/sby-2. Accessed 19 July 2022

4.     Redfin.com. 19 July 2022. Tampa Homes For Sale. www.redfin.com.   https://www.redfin.com/city/18142/FL/Tampa/filter/sort=hi-price,min-price=850k,viewport=28.10376:27.92705:-82.27534:-82.53935