Colony Bay Condo One
Condos for Sale in Tampa, FL

A 55-unit condo community built between 1982 and 1987, Colony Bay Condo One sits in Tampa's Hillsborough County footprint with a homestead share of just over 72%, pointing to a community weighted toward owner-occupants rather than short-term rental turnover.

Stellar MLS sales records identify 14 homes in Colony Bay Condo One that have changed hands since 2013, built between 1982 and 1982 (median 1982), with a median living area of about 1,512 sq ft and a typical 3-bedroom, 2-bath layout; 93% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Colony Bay Condo One is too small for its own price trend, so here is the market around it.

In ZIP 33615, 259 homes are on the market and 16% are under contract — a slower corner of Tampa.

Across Hillsborough County, 6,324 homes are active and 1,810 pending (22% under contract).

In ZIP 33615 (Tampa), 235 homes closed in the last 12 months at a median of $430K ($269/sq ft), down 2.5% year over year, with a median 26 days on market. Right now 49 active and 15 pending listings put supply at about 2.5 months — a balanced market. See the live ZIP 33615 housing market and the Hillsborough County market.

ZIP and county figures describe the wider market, not Colony Bay Condo One specifically. Momentum Research analysis of MLS records.

With 55 total homes and a build window concentrated in the mid-1980s, Colony Bay Condo One reads as a stable, unchanging inventory base. There's no new construction pipeline here and no listed community amenities showing up in current MLS records, so this is a community you evaluate unit by unit rather than by clubhouse or pool marketing.

The homestead share of roughly 73% is the more telling number. That level of owner-occupancy generally signals a community used as a primary residence rather than a rotating investor or rental pool, which can affect everything from HOA rhythm to the pace of turnover. With zero closings in the current window, there's simply no recent transaction data to point to for pricing guidance, so expect any offer or listing conversation to lean heavily on unit-specific condition, updates, and floor plan rather than a comparable-sales script.

In a small community with no recent closings to reference, pricing a unit correctly takes more than pulling a comp sheet. We dig into the building's condition history, unit-level updates, and how the ownership structure here compares to similar 1980s-era Tampa condo stock, so you're not guessing on value in a data-thin market.