2 bedroom Condominium at 2 Adalia Avenue #704, Adalia Bayfront Condo, Tampa — photo 1Front elevation
122 days on market Condominium
$649,000
2-Bedroom Condo in ADALIA BAYFRONT CONDO

2 Adalia Avenue #704, Tampa, FL 33606

Condominium in ADALIA BAYFRONT CONDO, TAMPA · No CDD
ADALIA BAYFRONT CONDO · Tampa, FL 33606 · Hillsborough
Listing data updated September 25, 2026 · refreshed twice daily
2Bedrooms
2Bathrooms
1,209Sq Ft
1986Year Built
$537Per Sq Ft
Waterfront2-car garageNo CDD
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
34% above
$/sq ft vs community
$537 here vs $401 median sold (12 mo)
Buyer leverage
Strong buyer advantage
122 days on market
7.2 months
Supply around this home
Seller <3 · balanced 3-6 · buyer >6
Zone AE
Flood risk
Confirm requirements with FEMA; ~5 ft elevation
$3k–$6k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
Above 4 of 5
Price vs recent sales
Asking $649k tops 4 of the last 5 closed sales

Sources: Stellar MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights

As of September 25, 2026, 2 Adalia Avenue #704 in Adalia Bayfront Condo, Tampa is listed at $649,000 (1,209 sq ft, about $537 per sq ft). That sits within a few percent of Adalia Bayfront Condo's median closed sale of $630,000 over the last 12 months (5 recorded sales). Per square foot it is above the community's recent $401/sq ft by about 34%. It has been 122 days on market, longer than the community's typical 30 days to contract. Listing facts: built in 1986, waterfront. The parcel maps to FEMA flood zone AE, a special flood hazard area where lenders generally require flood insurance. Figures are from the MLS record and county data; deemed reliable but not guaranteed.

  • No CDD assessment on record
  • Built 1986 · 40 yrs
  • 1,209 sq ft of living area
  • 2-car garage
  • Listed at $649,000 — recent neighborhood median sale price ~$630,000 (nearby sales; deemed reliable, not an appraisal)
  • 122 days on market
  • HOA ~$50/mo (estimate; confirm)
Momentum Research · Adalia Bayfront Condo

Pricing & the Adalia Bayfront Condo market

How this home is priced against recent nearby sales, and where Adalia Bayfront Condo has been over 25 years. Momentum Research analysis of Stellar MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.

This home’s $/sq ft vs. nearby sales

List $/sq ft against recent nearby closed sales; the community median is marked.

Price per sq ft · this home vs. recent nearby sales2 ADALIA AVENUE #4052 ADALIA AVENUE #405: $401/sq ft$4012 ADALIA AVENUE #6052 ADALIA AVENUE #605: $476/sq ft$476This homeThis home: $537/sq ft$537Community median $401

Price vs. size in Adalia Bayfront Condo

Each dot is a closed sale since 2013 (49 total). This home is the gold marker.

$208k$547k$886k1,1141,4041,693This home: $649,000, 1,209 sq ftThis homeSale price

Sale price (y) by living area in sq ft (x). Stellar MLS closed sales.

Median $/sq ft by year

Community sold $/sq ft, 2014–2026. This home lists at $537/sq ft.

$179$355$5302014: $21320142015: $22620152016: $23920162017: $25120172022: $42020222023: $49620232024: $49020242025: $46620252026: $4012026

Median sale price by year

12-month median closed price, 2014–2026.

$218k$512k$805k2014: $275k20142015: $348k20152016: $368k20162017: $380k20172022: $656k20222023: $748k20232024: $627k20242025: $640k20252026: $630k2026

Market Heat by year (0–100)

Momentum Market Heat, 2015–2026. Now 25 (cold).

1454932015: 6320152016: 4120162017: 7020172023: 8520232024: 2420242025: 2220252026: 252026
Property timeline

This home’s history

  • 1986BuiltPer public record
  • Jul 10, 2026First trackedObserved at $649,000
  • NowActiveCurrently for sale

Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Financing

Estimated monthly payment

$4,407/mo
  • Principal & interest $3,437/mo 78%
  • Taxes $568/mo 13%
  • Insurance $352/mo 8%
  • HOA $50/mo 1%

$4,407/mo at 20% down, 30-yr @ 6.95% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Momentum Scores

Momentum Property Score

47/100
Strongest on: Pricing power (98), Market timing (75)
0 limited50100 exceptional

47/100 is below average across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.

A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.

Price vs area0
This home $537/sq ft vs the community 12-month median $401/sq ft.
Affordability45
List price $649,000 vs the community median $630,000. Not a measure of personal affordability.
Flood safety45
FEMA Zone AE, ~5 ft elevation. Verify the parcel with FEMA.
Insurance cost24
From FEMA Zone AE and a 1986 build. Obtain a property-specific quote.
Market liquidity45
Community median 30 days on market, ~7.2 months of supply (12-month record).
Renovation upside46
From a 1986 build and $537/sq ft vs the community median $401/sq ft. Not a condition assessment.
Pricing power98
Recent sales closed at about 88.3% of original asking (~11.7% below). More room below asking generally favors buyers.
Market timing75
Momentum Market Heat is 25/100 (cold). Cooler readings generally favor buyers; hotter readings favor sellers.

Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.

Momentum Research

The Momentum read

🟢 Buyer-leaning conditions around this listing. 7.2 months of supply in the surrounding market and 122 days on market for this home, against a 30-day area median.Days on market:this home 122Area median:  30 daysWhy it matters: above-median time on market, together with the level of supply, is a clear sign of how much leverage sits with buyers.Momentum Research interpretation of the MLS facts in the snapshot above. Based on Stellar MLS data distributed by MLS GRID for the period 2013 through 2026. As of September 20, 2026.

🟡 Asking $537 per square foot, about 34% above the community’s $401 median. Adalia Bayfront Condo’s 12-month median sold price per square foot is $401. Median sold price per square foot is down 1.6% year over year. Confidence: Low · 5 closed sales in 12 monthsMLS facts: Stellar MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.

Recent Adalia Bayfront Condo sales closed near 88.3% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Stellar MLS records, community-level, 12 months ending September 20, 2026. Aggregates only; deemed reliable but not guaranteed.

What’s unique here: one of only 3 active listings in Adalia Bayfront Condo, no CDD assessment.

Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ

Updated September 25, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Listing description

About this home

Some investments ask you to be patient. This one pays you while you wait. On a quiet street at the northern tip of Davis Islands, The Adalia Bayfront rises ten floors above Hillsborough Bay with the kind of unhurried confidence that only waterfront buildings on private island communities tend to carry.

Unit 704 is one of the most strategically positioned assets currently available in this market, not because of what it looks like, but because of what it does. It generates income. From the day you close, rent arrives.

No renovation sprint, no lease-up anxiety, no first-month vacancy. A qualified tenant is already in residence, with annual rent escalations contractually embedded into the lease. The current lease runs through June 2027.

What makes this unit harder to replace than most people realize: the Adalia Bayfront Association permits only 6 of its 65 units to be leased at any given time. This is one of them. With rental supply capped at the association level, demand stays concentrated, rents stay firm, and the competitive set for your income stream stays deliberately narrow.

The building itself needs little introduction to anyone who knows South Tampa. Gated entry, on-site management, a saltwater pool that faces the bay, and a private marina with boat slips and lifts capable of handling vessels up to 13,000 pounds. This is the only building in the immediate vicinity with that kind of direct water access.

Fitness center, sauna, community room, two reserved parking spaces per unit, dedicated storage. Tampa General Hospital is two blocks away. Downtown Tampa and Water Street are five minutes by car.

The Davis Islands Yacht Club, the village shops, the dog beach are all within walking distance. Davis Islands has a way of holding its value that other Tampa neighborhoods aspire to. It is the kind of place where residents put down roots and stay, which, for an investor, is exactly the kind of community loyalty that underpins a long and stable tenancy.

Comparable units in the building are actively listing above current contracted rent, which means the gap between what this tenant pays today and what the market will bear in June 2027 is already built into the asset. At the end of the lease, you hold a premium waterfront asset in one of Tampa Bay's most sought-after zip codes, free to release at current market rates, occupy personally, or sell on your own timeline and entirely your own terms. For a 1031 exchange buyer needing to place capital quickly, this is a turnkey acquisition with an income stream that begins immediately.

For an international or out-of-state investor looking for a professionally managed, low touch hold in a market with genuine appreciation history, this is the kind of property that earns its keep.

Description provided by COMPASS FLORIDA, LLC and reproduced from the MLS; not independently verified.

Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$649,000
Bed / bath2 / 2
Living area1,209 sq ft
Year built1986
Property typeCondominium
Garage2-car
MLS #TB8484507
Listing status122 days on market

Public records & third-party data

FEMA flood zoneZone AE
Ground elevation~5 ft
Windstorm exposureLow
CountyHillsborough
Area listings3 active · 0 under contract
Estimated first-year tax~$6,814/yr
CDD assessmentNone on record
HOA (estimate)$50/mo

Calculated estimates

Price per sq ft$537
Estimated monthly payment$4,407
Insurance (illustrative)$3k–$6k/yr
Comparable-sales median$630,000

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Listing courtesy of COMPASS FLORIDA, LLC · Listing agent: Estela Ziu · 305-851-2820Provided via the Stellar MLS Internet Data Exchange, as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID · Listings courtesy of Stellar MLS as distributed by MLS GRID. · deemed reliable but not guaranteedIDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS to be accurate.
The Messtimate™

The Messtimate

This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.

$426,777the mess$542,841

Actual list price: $649,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.

A 27% spread on the same house — and that gap is exactly what an automated guess can't see:

  • Condition & updates — a 1986 home may have had its roof, kitchen, or HVAC replaced since, or not; sq ft can't see either.
  • The lot — this listing is waterfront; water frontage is priced far off a per-sq-ft average of the neighborhood.
  • Outliers skew it — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
  • Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.

And here's what the live market is doing — which the number above ignores entirely:

  • This home: 122 days on market vs. a 30-day community median
  • 3 active listings competing
  • ≈7.2 months of supply
  • 5 closed here in the last 12 months

For reference, this home is listed at $649,000 ($537/sq ft) — a number set with analysis a Messtimate can't do.

Want a property-specific review from a licensed agent? A Momentum Realty agent will do a real, free comparative market analysis — walking the home, the lot, the condition, and the live market. That's the difference between a Messtimate and a valuation.

Selling your own home? Try the Messtimate on your address →

Methodology: 1,209 sq ft × $353–$449/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 25, 2026.

Keep looking

Similar homes for sale near ADALIA BAYFRONT CONDO

Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.

Newest listings in TAMPA

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  • 8113 N Semmes Street, TAMPA · $209,900 · 2 bd / 1.0 ba · listed September 24, 2026 (courtesy of POWERS REAL ESTATE SOLUTIONS LLC)
  • 5001 Sunridge Palms Drive, TAMPA · $275,000 · 3 bd / 3.5 ba · listed September 24, 2026 (courtesy of LPT REALTY, LLC)
  • 13036 Village Chase Circle #13036, TAMPA · $294,000 · 2 bd / 2.0 ba · listed September 24, 2026 (courtesy of KELLER WILLIAMS TAMPA CENTRAL)
Transparency

Price & listing history

Listed for $649,000Momentum Realty · on market 122 days
Public records

Building permits

Permit history not yet linkedConfirm permit history with the county building department.
Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

Property tax (first-year est.)
~$6,814/yr

A rough first-year estimate only, applying a typical Hillsborough rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.

CDD assessment
None

No CDD assessment on record for this community.

Insurance (illustrative range)
$3k–$6k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood zone AE — confirm flood coverage. Get a quote from a licensed insurer before relying on any figure.

HOA
$50/mo

Covers the master association & common areas. Confirm exact dues and what they include.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Zone AE

From the FEMA flood map. Lender-required flood insurance may apply; confirm for the parcel.

Ground elevation
~5 ft

Approximate parcel elevation from USGS; confirm exact elevation with a survey.

Windstorm / insurance
Obtain a quote

This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.

Connectivity

Internet & broadband

Fiber
Check availability

AT&T Fiber covers much of NE Florida; confirm availability at the address.

Cable
Likely

Xfinity/Spectrum cable broadband is widely available.

5G Home
Backup

T-Mobile / Verizon fixed-wireless as a backup option.

Seen enough photos?

Want to see 2 ADALIA AVENUE #704?

Tell us when works for you and a local agent will reach out to arrange a showing and answer your questions about this home.

Listed by COMPASS FLORIDA, LLC · MLS # TB8484507

Request a showing

or call (904) 351-6461
Market data · public records

Recent sales activity in ADALIA BAYFRONT CONDO

Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the ADALIA BAYFRONT CONDO neighborhood guide for more.

Comparable sales found
2

Recent nearby closings in the data set.

Community median sale price
$630,000

Canonical 12-month median closed price. Reference only.

Community median $/sq ft
$401

Canonical 12-month median $/sq ft. Reference only.

Go deeper on ADALIA BAYFRONT CONDO

See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.

Assigned schools

Assigned schools

Schools currently assigned to this address in Hillsborough County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

School zoningThis address is in the Hillsborough County School District. Specific elementary, middle, and high-school assignments vary by street and can change. Confirm current zoning with the district before relying on it.
How it stacks up

Comparable recent sales

Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.

Community 12-month median: $401/sq ft. Shown for general reference only — this is not an appraisal or a statement of this home's value. Sold prices are public record and deemed reliable but not guaranteed.

If you rent it out

Investment snapshot

Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.

Estimated rent$2,975 – $4,327/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.3%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$1,514 – −$298At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide

Buyer research checklist

Items worth confirming for 2 Adalia Avenue #704, chosen from what the record shows. This is general guidance, not advice about this specific property.

  • Built in 1986 (40 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
  • Condominium: request the association's budget, reserves, the most recent milestone or structural inspection report, and two years of meeting minutes before relying on the dues.
  • FEMA flood zone AE: lenders generally require flood insurance here — get an elevation certificate and a flood quote before the inspection period ends.
  • Get a homeowners insurance quote for this specific address in Hillsborough County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
  • Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
  • Listed living area is 1,209 sq ft: verify it against the property appraiser's record and measure before relying on it.
  • Order a survey to confirm lot boundaries and easements.
  • Review permit history with the county.
  • Property taxes: the estimate on this page (about $6,814/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
  • Confirm school zoning directly with the district.
Nearby & commute

Approximate distances

Approximate drive times for general reference only.

Provenance

Data sources & freshness

Listing recordStellar MLS, refreshed twice daily (last: September 25, 2026)
Community market statsStellar MLS closed sales, as of September 20, 2026
Flood zone & elevationFEMA flood maps + USGS elevation (Zone AE shown above)
Taxes & monthly costEstimated from county rates; not a quote
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

How big is 2 Adalia Avenue #704 and when was it built?

Per the listing record, 2 Adalia Avenue #704 was built in 1986 and has 1,209 sq ft of living area, 2 bedrooms and 2.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.

What community is 2 Adalia Avenue #704 in?

2 Adalia Avenue #704 is in Adalia Bayfront Condo in Tampa, Hillsborough County. The community section on this page shows recent closed sales, days on market, and active inventory for Adalia Bayfront Condo from the same MLS data.

Why might property taxes on 2 Adalia Avenue #704 differ from the current owner's?

The estimate on this page (about $6,814 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.

Is 2 Adalia Avenue #704 in a flood zone?

The FEMA flood map places this parcel in Zone AE, a special flood hazard area where lenders generally require flood insurance on a mortgaged purchase. Confirm the parcel's status with FEMA and your insurer, and ask for an elevation certificate.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

Ready when you are

See 2 ADALIA AVENUE #704 in person

Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.

Call (904) 351-6461

Momentum Realty · licensed in FL & GA

Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Stellar MLS Internet Data Exchange, as distributed by MLS GRID. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Stellar MLS, as distributed by MLS GRID. Listings courtesy of Stellar MLS as distributed by MLS GRID. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.