Franklin Place
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Franklin Place is a community in Tampa, Hillsborough County, FL. Across Tampa as a whole, 4,890 homes closed in the last 12 months at a median of $442,500, 39 median days on market, with 1,287 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $6,960 ($6,340 with the full homestead exemption).
Franklin Place doesn't have a pricing story to tell yet, at least not one visible in current MLS data. There's no median figure, no volume of recent sales, and no amenity package showing up in listing remarks, which usually means one of two things: it's a smaller pocket of homes that turns over slowly, or the community identity isn't strongly reflected in how agents are tagging listings. Either way, a buyer or seller here should expect to build the picture from individual comps rather than a neighborhood-wide trend line.
For sellers, that means positioning matters more than benchmarking against a published median. For buyers, it means doing the legwork on a per-listing basis. There isn't a shortcut here yet, and we won't manufacture one.
Nearby homes for sale
No active listings inside Franklin Place right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Franklin Place is a residential community in Tampa, Hillsborough County. Current MLS data does not surface a distinct amenity package or established pricing pattern for the community, so it reads more like a specific address than a heavily branded development.
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.
Who Franklin Place is best for.
Best for
- Buyers focused on a specific home or lot in Tampa rather than a branded community experience.
- Sellers comfortable pricing off direct comps and condition rather than a published neighborhood median.
- Buyers who want to independently verify HOA rules, amenities, or restrictions before committing.
Probably not for
- Buyers who want a clear, published pricing history before making an offer.
- Buyers expecting an established amenity package as part of the purchase decision.
- Anyone unwilling to do extra diligence in the absence of neighborhood-level data.
The market around Franklin Place
Franklin Place is a small community — 6 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 Franklin Place specifically. Momentum Research analysis of MLS records.
Recent Developments in Franklin Place
Development, infrastructure, retail, and school activity affecting Franklin Place, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
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.
What it may mean for the marketAdds 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 site is about 2 miles southeast of Franklin Place.
Source: Florida YIMBY - July 2026Infrastructure
New Interstate 75 interchange planned for Parrish area access
A new Interstate 75 interchange is being planned to improve access for the Parrish area, primarily located in Hillsborough County and connecting to Manatee County through a possible Fort Hamer Road extension. The project is in the planning phase.
What it may mean for the marketPlans a new interstate interchange that would expand road capacity and connectivity for a growing area, potentially shaping future development patterns along the corridor. The project is about 25 miles south of Franklin Place, elsewhere in Hillsborough County.
Source: Tampa Bay Times - July 2026Development
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.
What it may mean for the marketAdds 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 4 miles north of Franklin Place, elsewhere in Hillsborough County.
Source: City of Tampa - July 2026Builder Activity
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.
What it may mean for the marketIntroduces 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 4 miles east of Franklin Place, elsewhere in Hillsborough County.
Source: Bay News 9
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Franklin Place buying strategy.
If we were buying in Franklin Place today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Franklin Place.
A community without a data trail yet
When a community shows no median price and no amenities in the current feed, it's usually a sign of low listing volume rather than an empty neighborhood. Homes may not be turning over often enough, or recently enough, for the MLS to have built a clear statistical profile. That's not necessarily a red flag, but it does mean anyone evaluating Franklin Place needs to look at individual properties on their own terms rather than leaning on neighborhood-level numbers.
The absence of a listed amenity package doesn't mean the community lacks structure or common areas, only that current listings haven't described one. Buyers who want to know exactly what's shared, maintained, or governed here should plan to verify directly, whether through a plat review, an HOA document request, or a conversation with someone who knows the streets, rather than assuming the MLS snapshot tells the whole story.
The location and the amenities are priced into every listing in Franklin Place. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Communities with a thin public data trail are exactly where a locally grounded broker earns their keep. We don't fill gaps with invented numbers or generic amenity language. Instead we pull actual comps, confirm HOA and community details directly, and give you a straight read on what a home in Franklin Place is really worth before you write or accept an offer.
Franklin Place in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Franklin Place buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Franklin Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Franklin Place, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Franklin Place home worth?
Get a no-obligation home value based on real comparable sales in Franklin Place, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Franklin Place on the map →
Should you buy in Franklin Place?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
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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More Tampa & Tampa & Hillsborough County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa & Hillsborough County or the full Neighborhood Finder.
See how Franklin Place fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Franklin Place
Where is Franklin Place?
Franklin Place is a community in Tampa, Hillsborough County, Florida.
Are there homes for sale in Franklin Place right now?
No active listings inside Franklin Place at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Franklin Place have an HOA or CDD?
No HOA is on record for Franklin Place in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
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