Why Live in Lake Magdalene
Lake Magdalene, FL, located 10 miles from downtown Tampa, is a rural community surrounded by wooded hillsides and 11 lakes, with the largest being its namesake. The area offers abundant outdoor recreation, including hiking, fishing, boating, and wildlife observation. Key attractions include Hamner Tower Park, with its historic fire tower and hiking trails, and George Russell Park, which features basketball and tennis courts. The Violet Cury Preserve, 3 miles east, provides additional hiking opportunities. The community has a mix of Spanish, Mediterranean, ranch-style, Craftsman, and modern homes, many built in the mid-1970s, with some newer constructions in The Hamlin Landing subdivision. Homes often feature large lots, pools, and multi-car garages. Condos and townhouses are also available, with amenities such as community pools and fitness centers. Dining options along State Road 597 and Route 678 include local favorites like Plato Latino, La Pita Lebanese Taverna, and Alfonso’s Pizzeria. The area is served by Hillsborough County Public Schools, with Lake Magdalene Elementary being highly rated. The community benefits from its proximity to major roads, making it easy to reach downtown Tampa, Tampa International Airport, and Tampa Bay beaches.
Home Trends in Lake Magdalene, FL
On average, homes in Lake Magdalene, FL sell after 60 days on the market compared to the national average of 51 days. The median sale price for homes in Lake Magdalene, FL over the last 12 months is $430,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$430,000
Median Single Family Sale Price
$499,000
Median Townhouse Sale Price
$217,500
Median 2 Bedroom Sale Price
$156,000
Median 1 Bedroom Sale Price
$135,000
Average Price Per Sq Ft
$264
Number of Homes for Sale
44
Last 12 months Home Sales
189
Median List Price
$448,999
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%