ALTMAN COLBY LAKE SUB
Homes for Sale in TAMPA, FL

Community in TAMPA · Hillsborough County · ZIP 33612
575 homesBuilt 1924–2021
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Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · ALTMAN COLBY LAKE SUB Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
54%
Owner-occupied · ALTMAN COLBY LAKE SUB
313 of 582 parcels homesteaded (FL DOR 2025)
46%
Non-owner-occupied · ALTMAN COLBY LAKE SUB
incl. 15% trust or LLC-held · 6% out-of-state
25%
Cash buyers · ALTMAN COLBY LAKE SUB
1 of 4 sales, 12 mo ending June 2024
575
Homes in the community
plus 7 vacant residential lots · 582 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1924
Community established
homes built 1924-2021, median 1963 (FL DOR 2025)
0
Failed listings · 2025
peaked at 4 in 2022
0.3%/yr
Turnover rate
about 2 of 575 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Altman Colby Lake Sub is driven by condition and the individual home, not by a uniform product type. With a build range spanning from 1924 to 2021 and a median build year of 1963, you are looking at a mix of older stock and scattered newer construction, which means the spread on price is wide and largely a function of what has been updated versus what has not.

The median home here runs around 1,348 square feet, so this is a modest-footprint community. For buyers, that puts a premium on walking the property and reading the condition carefully; for sellers, it means the work you have or have not done to a 1960s-era home will show up directly in what you can command.

Best for

  • Buyers comfortable with an older home who are prepared to update over time
  • Value-minded buyers seeking a modest-footprint home in an established Tampa location
  • Owner-occupants planning to homestead and stay for the long term

Probably not for

  • Buyers who require newer, larger square footage as a baseline
  • Buyers wanting a uniform, turnkey product with predictable comps
  • Short-horizon buyers expecting quick, guaranteed resale gains

The market around ALTMAN COLBY LAKE SUB

ALTMAN COLBY LAKE SUB is a small community — 32 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

In ZIP 33612, 136 homes are on the market and 28% are under contract — a steady corner of TAMPA.

Across Hillsborough County, 6,259 homes are active and 2,098 pending (25% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not ALTMAN COLBY LAKE SUB specifically. Momentum Research analysis of MLS records.

If we were buying in ALTMAN COLBY LAKE SUB today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in ALTMAN COLBY LAKE SUB.

Best Buy
Buyers who want an established Tampa location and are willing to evaluate condition home by home.
Biggest Risk
The broad age and condition spread makes pricing uneven, so a bad comp can distort expectations.
Sweet Spot
An updated or well-maintained mid-century home in the compact footprint typical here.
Avoid If
You need large square footage or uniform, move-in-ready newer construction.

A condition-driven mid-century core

The defining feature of this community is its age spread. The oldest homes date to 1924 and the newest to 2021, but the median build year of 1963 tells you the character is mid-century at its core, with newer infill mixed in. That variety is an opportunity for buyers willing to compare homes carefully and a reason not to assume one sale sets the value for the next.

A homestead share of about 54% suggests a meaningful portion of these homes are owner-occupied, with the balance held otherwise. Combined with the compact median size of roughly 1,348 square feet, the takeaway is that this is a place to buy the specific house, not the average — square footage, updates, and lot all move the number more than any neighborhood-wide trend.

The location and the amenities are priced into every listing in ALTMAN COLBY LAKE SUB. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community where homes range from the 1920s to 2021 and condition sets the price, generic comps mislead. We walk the homes, weigh what has actually been updated against what still needs work, and price or negotiate on the specific property in front of us rather than a neighborhood average.

ALTMAN COLBY LAKE SUB in 15 seconds.

Best forBuyers who want an established Tampa location and are willing to evaluate condition home by home.
Biggest advantageA wide mix of vintage and newer homes means real range in what you can find and how you can add value.
Biggest riskThe broad age and condition spread makes pricing uneven, so a bad comp can distort expectations.
Sweet spotAn updated or well-maintained mid-century home in the compact footprint typical here.
Avoid ifYou need large square footage or uniform, move-in-ready newer construction.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed ALTMAN COLBY LAKE SUB sales matched to your home.

What is your ALTMAN COLBY LAKE SUB home worth?

Get a no-obligation home value based on real comparable sales in ALTMAN COLBY LAKE SUB, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in ALTMAN COLBY LAKE SUB?
The Florida DOR 2025 assessment roll shows 575 homes plus 7 vacant residential lots in ALTMAN COLBY LAKE SUB (public records).
What share of ALTMAN COLBY LAKE SUB is owner-occupied?
54% of ALTMAN COLBY LAKE SUB parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in ALTMAN COLBY LAKE SUB built?
Homes in ALTMAN COLBY LAKE SUB were built between 1924 and 2021, with a median year built of 1963 (FL DOR 2025 roll).
Do cash buyers compete in ALTMAN COLBY LAKE SUB?
Cash buyers took 25% of ALTMAN COLBY LAKE SUB sales in the 12 months ending June 2024 (1 of 4 closings, Stellar MLS).
Who is the best real estate agent for ALTMAN COLBY LAKE SUB?
The best agent for ALTMAN COLBY LAKE SUB is one who actively works TAMPA and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for ALTMAN COLBY LAKE SUB.
How do I find a top TAMPA real estate agent who knows ALTMAN COLBY LAKE SUB?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows ALTMAN COLBY LAKE SUB and the wider TAMPA area.
Can Momentum Realty connect me with an agent for ALTMAN COLBY LAKE SUB?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your ALTMAN COLBY LAKE SUB purchase or sale - no call center and no pressure.
Buyers comfortable with an older home who are prepared to update over timeExcellent fit
Value-minded buyers seeking a modest-footprint home in an established Tampa locationExcellent fit
Owner-occupants planning to homestead and stay for the long termExcellent fit
Buyers who require newer, larger square footage as a baselineProbably not
Buyers wanting a uniform, turnkey product with predictable compsProbably not
Short-horizon buyers expecting quick, guaranteed resale gainsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 33612))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2012 (38 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in ALTMAN COLBY LAKE SUB? 2 recorded closings (window ending 2026-08-02). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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