Single Family Residence in KEYSTONE PARK COLONY SUB, ODESSA · No CDD
KEYSTONE PARK COLONY SUB · ODESSA, FL 33556 · Hillsborough
Listing data updated August 23, 2026 · refreshed twice daily
5Bedrooms
5.5Bathrooms
6,008Sq Ft
1985Year Built
$431Per Sq Ft
WaterfrontPrivate pool3-car garageNo CDDFEMA Zone X5 bedrooms
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
42% above
$/sq ft vs community
$431 here vs $304 median sold (12 mo)
Buyer leverage
Buyer advantage
114 days on market
4.6 months
Supply around this home
Seller <3 · balanced 3-6 · buyer >6
Zone X
Flood risk
Minimal hazard per FEMA; ~57 ft elevation
$12k–$24k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
Above 9 of 11
Price vs recent sales
Asking $2.59M tops 9 of the last 11 closed sales; also one of the largest homes here at 6,008 sq ft
Listed at $2,590,000 — recent neighborhood median sale price ~$1,000,000 (nearby sales; deemed reliable, not an appraisal)
114 days on market
HOA ~$50/mo (estimate; confirm)
Momentum Research · KEYSTONE PARK COLONY SUB
Pricing & the KEYSTONE PARK COLONY SUB market
How this home is priced against recent nearby sales, and where KEYSTONE PARK COLONY SUB 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 vs. size in KEYSTONE PARK COLONY SUB
Each dot is a closed sale since 2006 (85 total). This home is the gold marker.
Sale price (y) by living area in sq ft (x). Stellar MLS closed sales.
Median $/sq ft by year
Community sold $/sq ft, 2016–2026. This home lists at $431/sq ft.
Median sale price by year
12-month median closed price, 2016–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2016–2026. Now 45 (normal).
Property timeline
This home’s history
1985BuiltPer public record
Jul 2, 2026First trackedObserved at $2,850,000
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
$17,050/mo
Principal & interest $13,329/mo78%
Taxes $2,266/mo13%
Insurance $1,405/mo8%
HOA $50/mo0%
$17,050/mo at 20% down, 30-yr @ 6.67% · edit any field to update.
Strongest on: Pricing power (100), Flood safety (95)
0 limited50100 exceptional
51/100 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 $431/sq ft vs the community 12-month median $304/sq ft.
Affordability0
List price $2,590,000 vs the community median $1,000,000. Not a measure of personal affordability.
Flood safety95
FEMA Zone X, ~57 ft elevation. Verify the parcel with FEMA.
Insurance cost58
From FEMA Zone X and a 1985 build. Obtain a property-specific quote.
Market liquidity52
Community median 50 days on market, ~4.6 months of supply (12-month record).
Renovation upside47
From a 1985 build and $431/sq ft vs the community median $304/sq ft. Not a condition assessment.
Buyer competition54
46% of recent closings here paid cash. A higher cash share means more competition from buyers who don't need financing (lower score).
Pricing power100
Recent sales closed at about 86.8% of original asking (~13.2% below). More room below asking generally favors buyers.
Market timing55
Momentum Market Heat is 45/100 (normal). 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. 4.6 months of supply in the surrounding market and 114 days on market for this home, against a 50-day area median.Days on market:this home 114Area median: 50 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 2006 through 2026. As of August 2, 2026.
🟡 Asking $431 per square foot, about 42% above the community’s $304 median. KEYSTONE PARK COLONY SUB’s 12-month median sold price per square foot is $304. Median sold price per square foot is up 58.7% year over year. Confidence: High · 21 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.
56% of homes in KEYSTONE PARK COLONY SUB are owner-occupied. An estimated 44% are non-owner-occupied, including 12% held in a company or trust and 2% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 927 homes matched. Community-level context.
Recent KEYSTONE PARK COLONY SUB sales closed near 86.8% of original asking. Cash paid for about 46% of recent closings here.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 August 2, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 10 active listings in KEYSTONE PARK COLONY SUB, no CDD assessment.
Updated August 23, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Listing description
About this home
One or more photo(s) has been virtually staged. *NEW PRICE* MOTIVATED SELLERS SELLERS WILL CONSIDER ALL REASONABLE OFFERS This spectacular waterfront manor is nestled on over 4.25 acres on the banks of shimmering Lake Calm. A winding driveway reveals stately wrought iron gates providing entrée to this secluded haven.
An architectural masterpiece, this home has been brilliantly renovated, while the property’s design presents private access to the 113-acre lake where you may jet ski and boat to your heart’s content. Contained within this tranquil compound are pickleball/tennis courts, a resort style pool, an endless lap swim spa roofed for all-weather access, and a long pier ending in a covered dock porch with newer wood and railings. Tree-lined, pavered pathways throughout the grounds provide access between amenities; the sunsets are absolute works of art.
Enjoy these magnificent twilight vistas from every angle indoors and out. Wonderfully eclectic, this 6,008 SF, 5-bedroom, 5.5 bath residence boasts the perfect blend of luxury contemporary and richly traditional stylings. From the entryway’s stunning stained glass door frame to the splendid grand foyer’s marble floors, to the formal living and dining room’s 20-foot ceilings, the gourmet kitchen shines with walnut cabinetry, quartz countertops, newer faucets, and a dining area.
Hardwood bookcases adorn the main floor’s office/library offering access to the commercial grade marble-floored elevator, complete with battery backup. Located just outside this impressive space is a newer side porch. The living room’s soaring ceiling and walls of windows surround a striking fireplace.
Multiple sets of glass doors lend entree to the adjacent sunroom/game room. The gorgeous family room’s electric fireplace is mounted on a travertine wall. Newer fans were mounted on the porches; the interior was recently repainted.
For even more in sumptuous living, the master suite is a retreat furnished with exquisite fixtures and finishes, a standalone Japanese soaking tub, a spacious shower room, and its own balcony. The detached 3 car garage was outfitted with new door openers and the tracks replaced to maintain a watertight seal. The guest suite above is beautifully appointed and can even alternatively serve as a yoga or sculpture studio.
Over 1000 SF of space, it features a bathroom and a powder room, kitchen, and a balcony with lake views. This home’s upgrades include a commercial grade elevator to the second floor, triple water filtration throughout, a newer well, upgraded electrical, two newer A/C systems, and battery backup; underground power coming into the area will eliminate overhead lines. For the best of both worlds, sweet seclusion is surrounded by the finest restaurants and retail, all in the heart of Florida’s Gulf Coast.
The word here is: paradise. Also included in the sale is a separate deeded contiguous piece of land (0.13 Acre) Tax ID #U 11 27 17 001 000000 08340.0
Description provided by RE/MAX ACTION FIRST OF FLORIDA 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$2,590,000
Bed / bath5 / 5.5
Living area6,008 sq ft
Year built1985
Property typeSingle Family Residence
Garage3-car
PoolYes
MLS #TB8503349
Listing status114 days on market
Public records & third-party data
FEMA flood zoneZone X
Ground elevation~57 ft
Windstorm exposureLow
CountyHillsborough
Area listings10 active · 2 under contract
Estimated first-year tax~$27,195/yr
CDD assessmentNone on record
HOA (estimate)$50/mo
Calculated estimates
Price per sq ft$431
Estimated monthly payment$17,050
Insurance (illustrative)$12k–$24k/yr
Comparable-sales median$1,000,000
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 RE/MAX ACTION FIRST OF FLORIDA · Listing agent: Lori Crawford · 727-531-2006Provided 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.
$1,610,144the mess$2,042,720
Actual list price: $2,590,000 — 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 renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
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: 114 days on market vs. a 50-day community median
10 active listings competing, 3 under contract
≈4.6 months of supply
29 closed here in the last 12 months
For reference, this home is listed at $2,590,000 ($431/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.
Methodology: 6,008 sq ft × $268–$340/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated August 23, 2026.
Keep looking
Similar homes for sale near KEYSTONE PARK COLONY SUB
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.
Listed for $2,590,000Momentum Realty · on market 114 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.)
~$27,195/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)
$12k–$24k/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 insurance not federally mandated (Zone X). 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 X
From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.
Ground elevation
~57 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.
Market data · public records
Recent sales activity in KEYSTONE PARK COLONY SUB
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 KEYSTONE PARK COLONY SUB neighborhood guide for more.
Comparable sales found
1
Recent nearby closings in the data set.
Community median sale price
$1,000,000
Canonical 12-month median closed price. Reference only.
Community median $/sq ft
$304
Canonical 12-month median $/sq ft. Reference only.
Go deeper on KEYSTONE PARK COLONY SUB
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.
Recent local developments near this home, compiled from news and public sources. Provided for general information; verify details with the original source.
Jul 2026 · Development
33-story tower planned for Water Street Tampa expansion
Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.
Why it matters: Adds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 17 miles southeast of Keystone Park Colony Sub, elsewhere in Hillsborough County.
Mercy Oaks II affordable apartments open on North Florida Avenue
Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.
Why it matters: Adds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 13 miles southeast of Keystone Park Colony Sub, elsewhere in Hillsborough County.
First 3D-printed affordable home nears completion in East Tampa
The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.
Why it matters: Introduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 17 miles southeast of Keystone Park Colony Sub, elsewhere in Hillsborough County.
Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco
Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.
Why it matters: A large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 11 miles northeast of Keystone Park Colony Sub.
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.
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
Sold Jun 2026
$1,200,000
16502 OFFENHAUR ROAD, ODESSA
5 / 4.5 bd/ba · 5,217 sq ft · $230/sq ft
Courtesy of BHHS FLORIDA PROPERTIES GROUP · View details →
Community 12-month median: $304/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$11,871 – $17,267/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.4%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$5,533 – −$677At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide
Buyer research checklist
A neutral list of items to confirm for any home. This is general guidance, not advice about this specific property.
Confirm roof age and condition during inspection.
Confirm HVAC age and condition during inspection.
Request current HOA documents before relying on dues or restrictions.
Obtain an insurance quote for this specific property.
Confirm school zoning directly with the district.
Order a survey to confirm lot boundaries.
Review permit history with the county.
Confirm whether flood insurance is required for this parcel.
Confirm square footage and room dimensions independently.
Ask the county how property taxes may change after a sale.
Nearby & commute
Approximate distances
Approximate drive times for general reference only.
City
ODESSA
Groceries, dining, and parks for this city — see the city guide.
Stellar MLS, refreshed twice daily (last: August 23, 2026)
Community market stats
Stellar MLS closed sales, as of August 2, 2026
Flood zone & elevation
FEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly cost
Estimated from county rates; not a quote
Insurance figure
Modeled estimate; obtain a real quote before offering
Schools
2025-26 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
Why might my property taxes differ from the current owner's?
Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment can be re-set after a sale. As a result 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.
Where does the flood-zone information come from?
The flood designation shown (Zone X) comes from the FEMA flood map and is provided for general information. Confirm the parcel's status with FEMA and your insurer.
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 8602 BONNIE COVE LANE 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.
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.
Sold price and details are from public records and the MLS, deemed reliable but not guaranteed. Shown for comparison only — not an appraisal or a statement of this home's value.
