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Hyde Park

Tampa, FL

Neighborhood Market Analysis

Q3 2025 Report
$1,175,000 (June 2025)
Median Home Price
85–90 (highly walkable)
Walkability Score
Consistently A-rated public schools; private options highly regarded.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by the Hillsborough River to the north, Bayshore Boulevard to the east and south, and Armenia Avenue to the west.

Zip Codes

33606

Market Data Summary

Price Range$900,000–$3,000,000+ (luxury segment); some condos/townhomes in the $500,000–$900,000 range
Price per Sq Ft$560 (June 2025)
Inventory LevelsLow inventory, especially in luxury segment; 4 homes sold or pending in June 2025, up 300% MoM but still limited overall[3][4].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesHistoric bungalowsLuxury estatesTownhomesCondominiums

Architectural Styles

Craftsman bungalowsColonial RevivalMediterranean RevivalContemporary infill

Property Details

Typical Lot Sizes0.15–0.3 acres (single-family); smaller for townhomes/condos
Home Age RangeEarly 1900s–2020s (historic core with modern infill)
Construction QualityHigh; many homes are meticulously restored or newly built luxury properties.

Community Profile

Demographics & Lifestyle

Demographics

Affluent, highly educated, mix of established professionals, young families, and retirees. Median household income well above Tampa average.

Community Vibe

Historic, upscale, vibrant, and social. Strong neighborhood association and active community events.

Typical Residents

  • Young professionals
  • Families
  • Executives
  • Retirees

Family Friendly

Very; parks, top-rated schools, and walkable streets attract families.

Amenities & Lifestyle

Parks & Recreation

  • • Hyde Park Village
  • • Kate Jackson Park
  • • Bayshore Boulevard linear park

Dining Options

  • • Fine dining (On Swann, Bern's Steak House)
  • • Trendy cafes
  • • Gastro pubs

Shopping Centers

  • • Hyde Park Village (upscale outdoor mall)
  • • Local boutiques

Local Businesses

  • • Boutique shops
  • • Fitness studios
  • • Coffee shops
  • • Art galleries

Education & Schools

Consistently A-rated public schools; private options highly regarded.
Overall School Rating

Elementary Schools

  • • Gorrie Elementary

Middle Schools

  • • Wilson Middle

High Schools

  • • Plant High

Private Schools

  • • Academy of the Holy Names
  • • Tampa Preparatory School

Transportation & Accessibility

Transit & Roads

Public Transit

  • • HART bus lines
  • • Downtown streetcar (nearby)

Major Roads

  • • Bayshore Boulevard
  • • Kennedy Boulevard
  • • Howard Avenue

Commute & Walkability

Commute Times5–15 minutes to downtown Tampa; 20–30 minutes to TPA airport.
WalkabilityExcellent; daily errands possible on foot.
ParkingChallenging for some historic streets and near Hyde Park Village; most homes have off-street parking.

Marketing Intelligence

Target Buyer Types

  • Affluent families
  • Executives relocating to Tampa
  • Empty nesters/downsizers
  • Luxury investors

Key Selling Points

  • Historic architecture
  • Walkable lifestyle
  • Top-rated schools
  • Proximity to downtown and Bayshore
  • Vibrant dining/shopping scene

Pricing Considerations

Price competitively given recent softening; highlight unique features and recent upgrades.

Common Objections & Response Strategies

Objection: High price compared to other Tampa neighborhoods

Response Strategy:

Emphasize Hyde Park's unique historic character, walkability, and school quality, which support long-term value.

Objection: Limited inventory and selection

Response Strategy:

Highlight the exclusivity and investment stability of the neighborhood; offer to monitor off-market opportunities.

Objection: Parking difficulties

Response Strategy:

Showcase homes with off-street parking or garages; discuss resident permit options and walkability benefits.

Objection: Short-term price volatility

Response Strategy:

Present long-term appreciation data and resilience of luxury/historic markets.

Investment Insights

Investment Potential

Appreciation Potential

Moderate to strong long-term, with short-term price softening in 2025. Historic character and location support resilience.

Rental Demand

High, especially for luxury rentals and executive housing.

Buyer Competition

Lower than 2022–2023; buyers have more leverage in 2025, but luxury homes still see competition.

Best For

  • Upscale owner-occupants
  • Luxury investors
  • Families seeking top schools

Potential Concerns

  • High entry price
  • Limited inventory
  • Parking challenges
  • Short-term price volatility

Professional Recommendations

1

Network with local agents for off-market listings.

2

Invest in premium marketing materials and staging.

3

Educate buyers on historic home maintenance and insurance.

4

Monitor market shifts closely for pricing strategy.

5

Highlight Hyde Park's unique blend of history, walkability, and school quality in all marketing.

Competitive Analysis

Comparable Markets

  • Davis Islands
  • Bayshore Beautiful
  • Palma Ceia

Market Positioning

Premier historic luxury neighborhood with urban lifestyle.

Competitive Advantages

  • Superior walkability
  • Historic charm
  • Best public schools in urban Tampa
  • Proximity to downtown

Price Comparison

Hyde Park is priced higher than Palma Ceia and Bayshore Beautiful, but below Davis Islands for waterfront estates.

Investment Metrics

2.5–3.5% (luxury segment)
Cap Rates
3–4% gross annual yield for high-end rentals
Rental Yields
High (indicative of owner-occupant preference and luxury market)
Price-to-Rent
Modest; best for appreciation and lifestyle rather than cash flow.
Cash Flow
2–4% annualized over next 5 years, barring major economic shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

Rare due to high prices; some entry via condos/townhomes. Education on historic homeownership is key.

Move-Up Buyers

Common; families seeking larger homes and top schools. Focus on school ratings and walkability.

Downsizers

Attracted to luxury condos/townhomes; emphasize low-maintenance living and proximity to amenities.

Investors

Focus on luxury rentals and executive housing; highlight rental demand and long-term appreciation.

Relocators

Executives and professionals moving to Tampa for work; stress lifestyle, schools, and commute advantages.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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