Lake Magdalene Park
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
There is no active pricing or inventory signal in the current MLS feed for Lake Magdalene Park, which means any number we could give you right now would be a guess dressed up as data. What we can say is that the community sits in the Lake Magdalene area of Tampa, in Hillsborough County, an established part of the market with a long transaction history even when this specific pocket is quiet.
For a buyer or seller, a thin data window is not a red flag by itself, but it does change the approach. Pricing here should be built from recent comparable closings pulled at the time of an actual offer, not from a stale snapshot, and any listing strategy needs to lean on direct comps rather than broad community averages.
The 60-Second Overview
Lake Magdalene Park is a Tampa community in Hillsborough County; current MLS data does not show enough recent activity here to support market statistics, so any pricing or pace conversation needs to happen at the individual listing level.
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 Lake Magdalene Park is best for.
Best for
- A buyer who already has a specific home in Lake Magdalene Park in mind and wants it priced against real comparables
- A seller willing to price based on a fresh comparative market analysis rather than a public community average
- Someone comfortable doing due diligence directly on lot, HOA, and feature details rather than relying on a community amenity list
Probably not for
- A buyer who wants published price ranges or days-on-market trends before touring
- Someone shopping primarily for a documented amenity package like a pool, clubhouse, or gated entry
- A buyer or seller who wants to lean on community-wide statistics instead of a property-specific analysis
The market around Lake Magdalene Park
Lake Magdalene Park is too small for its own price trend, so here is the market around it.
In ZIP 33613, 74 homes are on the market and 31% are under contract — a fast-moving corner of TAMPA.
Across Hillsborough County, 6,259 homes are active and 2,098 pending (25% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Lake Magdalene Park specifically. Momentum Research analysis of MLS records.
Recent Developments in Lake Magdalene Park
Development, infrastructure, retail, and school activity affecting Lake Magdalene Park, 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 project is about 12 miles south of Lake Magdalene Park, elsewhere in Hillsborough County.
Source: Florida YIMBY - 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 7 miles southwest of Lake Magdalene Park, 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 8 miles south of Lake Magdalene Park, elsewhere in Hillsborough County.
Source: Bay News 9 - January 2026Development
Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel
Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.
What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The site is about 7 miles north of Lake Magdalene Park.
Source: HCO News
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 Lake Magdalene Park buying strategy.
If we were buying in Lake Magdalene Park 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 Lake Magdalene Park.
What we can and can't tell you
No community amenities are identified in current MLS listings for Lake Magdalene Park. That does not necessarily mean the community lacks them, only that active listings have not flagged them, which is common in smaller or slower-moving pockets. Anyone evaluating a specific home here should confirm lot details, association status, and any shared features directly, rather than assuming from a community-wide label.
The same caution applies to price and pace. Without a current median, days-on-market figure, or inventory count to point to, the honest move is to treat every listing in Lake Magdalene Park as its own case, priced against the closest available comparables at the time of the transaction.
The location and the amenities are priced into every listing in Lake Magdalene Park. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with limited current MLS signal, the value of a broker shifts from reciting stats to doing the legwork: pulling live comparables, checking what has actually closed nearby, and pricing a specific home rather than a community average. That is the approach we take in Lake Magdalene Park.
Lake Magdalene Park 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 Lake Magdalene Park 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 Lake Magdalene Park sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Magdalene Park, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Magdalene Park home worth?
Get a no-obligation home value based on real comparable sales in Lake Magdalene Park, 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 Lake Magdalene Park on the map →
Should you buy in Lake Magdalene Park?
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 2026-08-01 |
| Historical depth | Closed-sale records back to 2025 (1 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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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
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See how LAKE MAGDALENE PARK fits the bigger picture — live prices, inventory, and Momentum Scores: