Colony Key
Homes for Sale in Tampa, FL

Colony Key is a Tampa neighborhood in Hillsborough County built out gradually over more than a century, with a typical home now in its early-1980s range and running around 2,128 square feet. It functions as a standard-issue residential pocket without a defined amenity package, so its appeal rests on the housing stock and location rather than shared community features.

Stellar MLS sales records identify 18 homes in Colony Key that have changed hands since 2006, built between 1982 and 1983 (median 1982), with a median living area of about 1,600 sq ft and a typical 2-bedroom, 2.5-bath layout; 100% are townhomes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 41 qualified sales in Colony Key across 2024–2025 (24 in 2024, 17 in 2025), median $883,300 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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 Key is too small for its own price trend, so here is the market around it.

In ZIP 33611, 297 homes are on the market and 25% are under contract — a steady corner of Tampa.

Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).

In ZIP 33611 (Tampa), 644 homes closed in the last 12 months at a median of $550K ($348/sq ft), up 16.9% year over year, with a median 41 days on market. Right now 115 active and 37 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 33611 housing market and the Hillsborough County market.

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

The year-built range in Colony Key — 1904 to 2024 — tells you this isn't a subdivision that went up in one construction cycle. It's a neighborhood that has been infilled and rebuilt over generations, which means buyers will find a genuine mix of architectural eras and construction standards within the same streets. The median build year of 1982 puts the typical home at roughly four decades old, old enough that mechanical systems, roofs, and updates should be a first-order question on any showing.

At a median of 2,128 square feet, homes here run to a comfortable mid-size footprint, not a starter-home scale and not an oversized outlier. Roughly two-thirds of homes carry a homestead exemption, which points to a base of owner-occupied housing rather than a market dominated by investor or short-term rental turnover — useful context for anyone evaluating how a purchase here will hold up over time in terms of neighborhood stability of ownership, not resident characteristics.

In a neighborhood built across more than a century, the same square footage and year-built range can hide very different renovation histories, and pricing that ignores those differences leads to overpaying or underselling. We walk each property against its actual condition and mechanical age, not against a neighborhood average, so offers and listings are grounded in what's really there.

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