Grand Key
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
39 homesBuilt 1971–2019
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Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · Grand Key Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
7%
Owner-occupied · Grand Key
3 of 42 parcels homesteaded (FL DOR 2025)
93%
Non-owner-occupied · Grand Key
incl. 29% trust or LLC-held · 33% out-of-state
67%
Cash buyers · Grand Key
2 of 3 sales, 12 mo ending June 2022
39
Homes in the community
plus 3 vacant residential lots · 42 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1971
Community established
homes built 1971-2019, median 2001 (FL DOR 2025)
1
Failed listings · 2026
peaked at 29 in 2005
2.6%/yr
Turnover rate
about 1 of 39 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price at Grand Key is driven by condition and unit type, not by any single price band. With a build range spanning 1971 to 2019 and a median build year of 2001, you are looking at a community assembled over decades, so two listings can differ sharply on updates, systems, and finishes. The median living area sits near 1,214 square feet, which tells you this is a compact-footprint market where a renovated interior does more for value than raw size.

The current posture is thin. We have just one closing in the trailing window across 39 homes, so a single sale carries outsized weight and pricing signals are noisy. For a buyer, that means lean on the condition of the specific unit rather than recent comps. For a seller, it means presentation and correct pricing matter more than usual, because there is little recent transaction data to anchor a number.

Best for

  • Buyers seeking a compact, lower-maintenance home who will scrutinize condition over square footage
  • Investors comfortable with a market where non-homestead ownership dominates
  • Buyers who want Hillsborough County access and can act decisively on a specific well-updated unit

Probably not for

  • Buyers who need a large-footprint home well above the ~1,214 square foot median
  • Buyers who require a deep set of recent comparable sales to feel confident on price
  • Buyers wanting uniform, newer construction rather than a decades-spanning mix

The market around Grand Key

Grand Key is a small community — 97 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).

The housing mix here is 100% condominium, 0% single family residence.

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

If we were buying in Grand Key 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 Grand Key.

Best Buy
Buyers comfortable in a compact-footprint Tampa community who judge value by condition.
Biggest Risk
Thin transaction volume makes pricing signals noisy.
Sweet Spot
A well-updated unit near the 2001 median vintage bought at a condition-justified price.
Avoid If
You need abundant comps or a large-footprint home.

A condition-driven small market

The wide build range here is the story. Homes dating from the early 1970s sit alongside stock finished as recently as 2019, and with a median build year of 2001 the community's character is mixed rather than uniform. That spread means value tracks updates and mechanical condition far more than address alone, and it rewards buyers who inspect carefully.

The homestead share is low, around 7 percent, which signals this is largely a non-primary-owner market. Combined with the compact median size near 1,214 square feet and a light closing volume, expect a market that moves in fits rather than steadily, where the individual listing matters more than any neighborhood-wide trend line.

The location and the amenities are priced into every listing in Grand Key. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With only one recent closing across 39 homes, this is exactly the kind of thin, mixed-vintage market where a broker who reads condition and unit type earns their keep. We price and evaluate off the actual home in front of us, not a shaky comp set, and we will tell you plainly when a specific listing does not justify its ask.

Grand Key in 15 seconds.

Best forBuyers comfortable in a compact-footprint Tampa community who judge value by condition.
Biggest advantageA mixed-vintage stock means renovated units can stand out clearly.
Biggest riskThin transaction volume makes pricing signals noisy.
Sweet spotA well-updated unit near the 2001 median vintage bought at a condition-justified price.
Avoid ifYou need abundant comps or a large-footprint home.

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 Grand Key sales matched to your home.

What is your Grand Key home worth?

Get a no-obligation home value based on real comparable sales in Grand Key, 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 Grand Key?
The Florida DOR 2025 assessment roll shows 39 homes plus 3 vacant residential lots in Grand Key (public records).
What share of Grand Key is owner-occupied?
7% of Grand Key parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Grand Key built?
Homes in Grand Key were built between 1971 and 2019, with a median year built of 2001 (FL DOR 2025 roll).
Do cash buyers compete in Grand Key?
Cash buyers took 67% of Grand Key sales in the 12 months ending June 2022 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Grand Key?
The best agent for Grand Key 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 Grand Key.
How do I find a top Tampa real estate agent who knows Grand Key?
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 Grand Key and the wider Tampa area.
Can Momentum Realty connect me with an agent for Grand Key?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Grand Key purchase or sale - no call center and no pressure.
Buyers seeking a compact, lower-maintenance home who will scrutinize condition over square footageExcellent fit
Investors comfortable with a market where non-homestead ownership dominatesExcellent fit
Buyers who want Hillsborough County access and can act decisively on a specific well-updated unitExcellent fit
Buyers who need a large-footprint home well above the ~1,214 square foot medianProbably not
Buyers who require a deep set of recent comparable sales to feel confident on priceProbably not
Buyers wanting uniform, newer construction rather than a decades-spanning mixProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (30 streets, ZIP 33611/33661))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (11 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?

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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.

Thinking of selling in GRAND KEY? 1 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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