Belmar's prices and popularity are rapidly rising, but for some, it still offers entry into upscale South Tampa. This postwar neighbohood is home to midcentury ranch-styles and long-term residents, although the landscape is shifting. Many younger buyers are making their way here, and new houses in the millions are adding a contemporary touch. Zoning for top schools and a central location on the peninsula make this a sought-after corner of South Tampa.
Belmar was platted in the midcentury with many concrete block ranch-style homes. Many of these properties are still around at a lower price point, while high-end contemporary, New Traditional and Mediterranean homes are being built throughout the neighborhood. Waterfront houses on the west side offer direct bay access for a multi-million-dollar price point. The neighborhood consists of the Bel Mar Shores subdivision to the west and Belmar Gardens to the east.
Prices range from the low $400,000s to about $2.5 million in Belmar Gardens, and from the mid $500,000s to around $2.4 million in Bel Mar Shores. Though less expensive than other South Tampa neighborhoods like Beach Park, prices are much higher than Tampa. But that hasn't slowed down the market here. "From a luxury market perspective, Bel Mar Shores offers some more affordable options that work for many buyers in the South Tampa market who want great schools in a central location close to everything," says Krista Maddox, Realtor at Smith & Associates Real Estate and a South Tampa native. The whole neighborhood is in a FEMA Special Flood Hazard Area, meaning flood insurance may be required.
Zoning for top-rated Hillsborough County public schools is one of Belmar's main perks, Maddox says. Plant High School is particularly sought after, ranked the No. 1 public high school in the county by Niche. Kids aren’t limited to assigned schools and can apply to district magnet schools, with options for arts, STEM, International Baccalaureate or career and technical programming. Several private schools, like Holy Trinity Lutheran School, can be found in South Tampa.
A few restaurants and shops, such as South Tampa Bicycle Company, are withing walking distance. Favorite eateries include:
Downtown Tampa is about 7 miles northeast via the Selmon Expressway, a toll road. The drive may take between 10 and 30 minutes, depending on traffic. Hillsborough Area Regional Transit also offers bus routes into town, with trips taking about an hour or slightly longer.
Andrea Webb
COLDWELL BANKER REALTY
(813) 534-6761
156 Total Sales
3 in Belmar
$450K - $2.1M Price Range
Dominic Brescia, Jr
COMPASS FLORIDA LLC
(727) 610-2952
89 Total Sales
1 in Belmar
$2,662,000 Price
Lance Willard
CHARLES RUTENBERG REALTY INC
(727) 888-6695
679 Total Sales
1 in Belmar
$510,000 Price
Kyle Noseworthy
REALTY EXPERTS
(267) 356-4863
24 Total Sales
1 in Belmar
$2,425,000 Price
Cary Collier
WILLIS & ASSOCIATES INC.
(813) 733-5255
14 Total Sales
2 in Belmar
$620,000 Price Range
CG
Carina Galati
GULF SHORES REALTY ERA POWERED LLC
(941) 336-6043
38 Total Sales
1 in Belmar
$2,275,000 Price
| 1 - Low Crime, 10 - High Crime | Belmar | US |
|---|---|---|
| Homicide | 3 | 4 |
| Sexual Assault | 3 | 4 |
| Assault with Weapon | 3 | 4 |
| Robbery | 3 | 4 |
| Burglary | 4 | 4 |
| Motor Vehicle Theft | 4 | 4 |
| Larceny | 3 | 4 |
| Crime Score | 3 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in Belmar, Tampa sell after 89 days on the market compared to the national average of 57 days. The median sale price for homes in Belmar, Tampa over the last 12 months is $1,452,000, up 44% from the median home sale price over the previous 12 months.
|
Median List Price
$1,822,500
|
Median Sale Price
$1,452,000
|
|
Median Single Family Sale Price
$1,649,000
|
Median Townhouse Sale Price
$375,625
|
|
Median 2 Bedroom Sale Price
$402,000
|
Median Change From 1st List Price
7%
|
|
Last 12 months Home Sales
43
|
Median Home Sale Price YoY Change
44%
|
|
Average Price Per Sq Ft
$448
|
|
|
Number of Homes
669
|
Number of Homes for Sale
10
|
|
Median Year Built
1954
|
Months of Supply
2.80
|
|
Average Single Family Home Size Sq Ft
2,510
Above the national average
1,933
|
Average Townhouse Size Sq Ft
1,376
|
|
Median Lot Size Sq Ft
8,276
|
|
|
Number of Homes for Rent
2
|
Median Rent
$4,450
|
|
Median Single Family Home Rent
$5,000
|
Median 4 Bedroom Single Family Home Rent
$3,500
|
|
Median Townhouse Rent
$2,900
|
Median 2 Bedroom Townhouse Rent
$2,900
|
|
Total Population
1,867
|
Median Age
41
|
|
Population Density
9 ppl/acre
|
Population under 18
27.5%
On par with the national average
23.8%
|
|
Population over 65
13.8%
Below the national average
19.1%
|
|
|
Median Household Income
$160,500
Significantly above the national average
$79,597
|
Average Household Income
$180,257
|
|
High School Graduates
99%
|
College Graduates
67.7%
Significantly above the national average
34.1%
|
|
Advanced Degrees
24.4%
|
% Population in Labor Force
76.6%
Above the national average
64.9%
|
|
Annual Precipitation
50''
|
Average Winter Low Temperature
53°F
|
|
Average Summer High Temperature
91°F
|
Annual Snowfall
0''
|
Bikeability
Walkability
Transit
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Scenic and central South Tampa living with waterfront homes and lush greenery
