Forbes Unit 1
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
59 homesBuilt 1948–2006
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Built fromLive Stellar MLS data13 years of closingsFL DOR public recordsUpdated twice daily
Live · Forbes Unit 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
68%
Owner-occupied · Forbes Unit 1
40 of 59 parcels homesteaded (FL DOR 2025)
32%
Non-owner-occupied · Forbes Unit 1
incl. 3% trust or LLC-held · 2% out-of-state
67%
Cash buyers · Forbes Unit 1
2 of 3 sales, 12 mo ending June 2016
59
Homes in the community
59 residential parcels (FL DOR 2025)
Track record · 13 years of records
Est. 1948
Community established
homes built 1948-2006, median 1957 (FL DOR 2025)
1
Failed listings · 2026
peaked at 5 in 2017
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Forbes Unit 1 is a small, established pocket of 59 homes in Tampa, with a median build year of 1957 and a range stretching from 1948 up to 2006. That spread means the housing stock is not uniform — you have original mid-century construction sitting alongside a handful of much newer builds, so condition and updates do more to set value here than location alone.

With roughly two-thirds of homes carrying a homestead exemption, this reads as a community with a strong base of long-held, owner-occupied property rather than one turning over through investor activity. For buyers, that typically means fewer homes on the market at any given time and more variation in how well each has been maintained or renovated. For sellers, it argues for pricing off condition and comparable recent updates rather than assuming a uniform per-square-foot number across the community.

Best for

  • Buyers comfortable evaluating an older home's condition and update history rather than assuming new-build systems
  • Buyers who want a smaller, established Tampa community without a reliance on shared amenities
  • Buyers or investors interested in a compact living footprint near the 1,582 square foot median

Probably not for

  • Buyers who want a home built within the last several years as the community norm rather than the exception
  • Buyers prioritizing built-in community amenities or shared facilities
  • Buyers who want a uniform housing stock rather than a mix spanning multiple construction eras

The market around Forbes Unit 1

Forbes Unit 1 is a small community — 15 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Forbes Unit 1 specifically. Momentum Research analysis of MLS records.

If we were buying in Forbes Unit 1 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 Forbes Unit 1.

Best Buy
Buyers looking for a smaller, established Tampa community with an older housing base and room to add value through updates.
Biggest Risk
The wide construction range (1948–2006) means condition and system age must be verified home by home rather than assumed.
Sweet Spot
Buyers comfortable evaluating an older home on its own maintenance record rather than relying on a uniform community standard.
Avoid If
You are seeking community amenities as part of the purchase — none are currently identified from MLS listings here.

A Mid-Century Base with Uneven Updates

The median living area across Forbes Unit 1 runs about 1,582 square feet, which puts most homes here in a modest, efficient footprint rather than the larger builds seen in newer Tampa subdivisions. Combined with a median year built of 1957, this points to a community built primarily in an earlier construction era, with the newest homes (up to 2006) representing later infill rather than the norm.

Because the range of construction years is wide — 1948 to 2006 — due diligence on any individual home matters more than in a community built in a single phase. Roof age, electrical and plumbing updates, and prior renovation history will vary significantly from one address to the next, and that variation is the main driver of price differences within the community rather than lot size or position.

The location and the amenities are priced into every listing in Forbes Unit 1. 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 this small, with only 59 homes and a wide range of construction years, generic comps do not tell the full story. We track condition, update history, and homestead status home by home so you are pricing or bidding against what is actually on the ground, not an average that papers over a 1948 build sitting next to a 2006 one.

Forbes Unit 1 in 15 seconds.

Best forBuyers looking for a smaller, established Tampa community with an older housing base and room to add value through updates.
Biggest advantageThe homestead share near two-thirds suggests a community anchored by longer-term ownership rather than rapid turnover.
Biggest riskThe wide construction range (1948–2006) means condition and system age must be verified home by home rather than assumed.
Sweet spotBuyers comfortable evaluating an older home on its own maintenance record rather than relying on a uniform community standard.
Avoid ifYou are seeking community amenities as part of the purchase — none are currently identified from MLS listings here.

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 Forbes Unit 1 sales matched to your home.

What is your Forbes Unit 1 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Forbes Unit 1?
The Florida DOR 2025 assessment roll shows 59 homes in Forbes Unit 1 (public records).
What share of Forbes Unit 1 is owner-occupied?
68% of Forbes Unit 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Forbes Unit 1 built?
Homes in Forbes Unit 1 were built between 1948 and 2006, with a median year built of 1957 (FL DOR 2025 roll).
Do cash buyers compete in Forbes Unit 1?
Cash buyers took 67% of Forbes Unit 1 sales in the 12 months ending June 2016 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Forbes Unit 1?
The best agent for Forbes Unit 1 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 Forbes Unit 1.
How do I find a top Tampa real estate agent who knows Forbes Unit 1?
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 Forbes Unit 1 and the wider Tampa area.
Can Momentum Realty connect me with an agent for Forbes Unit 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Forbes Unit 1 purchase or sale - no call center and no pressure.
Buyers comfortable evaluating an older home's condition and update history rather than assuming new-build systemsExcellent fit
Buyers who want a smaller, established Tampa community without a reliance on shared amenitiesExcellent fit
Buyers or investors interested in a compact living footprint near the 1,582 square foot medianExcellent fit
Buyers who want a home built within the last several years as the community norm rather than the exceptionProbably not
Buyers prioritizing built-in community amenities or shared facilitiesProbably not
Buyers who want a uniform housing stock rather than a mix spanning multiple construction erasProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33603))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2013 (13 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.

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