Lake Magdalene › High Pines

518 W 129th Ave

Tampa, FL 33612
$390,000
3 bed2 bath1,168 sqftSingle-family home · built 1961

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 6% of single-family homes sold in Lake Magdalene
810 single-family home sales · Jan 2024 - Oct 2026
Price
The seller has not permitted automated price comparisons
Standout feature
No standout feature to report
Age
Newer than 16% of single-family homes in Lake Magdalene
1,167 homes · Mar 2004 - Oct 2026
Compared against 40 similar homes sold within 0.85 mi.

About this property

Price Adjustment!!!!! Seller will give a 10,000 closing credit with full price offer for Roof!!!!!!!!!

Welcome to this established North Tampa gem, offering the perfect blend of suburban tranquility and urban convenience. Situated on a quiet street bordering the historic HIGH PINES community, this home offers an incredible opportunity to enjoy classic Florida living without the restrictions of a heavy HOA. Boasting an expansive lot with room to move, the property serves as a peaceful retreat just minutes from the action. Commuters will love the instant access to I-275, putting Downtown Tampa and major employers less than 15 minutes away. Whether you are looking to spend your weekends golfing at the nearby Babe Zaharias Golf Course, exploring Busch Gardens, or enjoying a wide variety of local dining and retail options along the Fowler Avenue corridor, everything you need is right at your doorstep. Property Highlights: Recent Updates: Includes a new laundry room floor (installed 2026), a well pump (replaced 2026), and updated flooring throughout (LVT kitchen and marble bathroom floors 2-3 years old; master bath wood tile 4 years old; wood flooring 10 years old).Kitchen Appliances: Modern updates including a fridge (less than 1 year old), stove (approx. 3 years old), microwave (2 years old), and dishwasher (4 to 5 years old) Led lights under cabinets. Washer and dryer are included with the sale. Added Value: Features a 3600-watt dual-fuel generator with push-button start (conveys ONLY at list price). The home is equipped with a septic system and benefits from low water bills (approx. $25/month due to well that is used for irrigation). Security & Exterior: Includes a 12-foot sliding gate. Added Features: Solid Surface tops in Kitchen, Under mount sink in Kitchen. Low Maintenance Features: Imitation Shake Shingle at gables are solid vinyl. Fascia Boards are painted aluminum. Perforated Eaves are Vinyl. The above three features means no painting just yearly washing

Property details

Year built1961
Lot size0.23 ac
HOANot stated
Parking1-car
Days on market49
MLS#TB8539552
Private yardSprinkler meteredLiving/dining comboThermostatDishwasherDryer
All features →
  • Private yard
  • Sprinkler metered
  • Living/dining combo
  • Thermostat
  • Dishwasher
  • Dryer
  • Electric water heater
  • Microwave
  • Range
  • Refrigerator
  • Washer
  • Ceramic tile flooring
  • Marble flooring
  • Vinyl flooring
  • Wood flooring
  • Central air conditioning
  • Central heating
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Brick construction
  • Single story
  • Laundry room
  • Cable connected
  • Electricity connected
  • Sprinkler well
  • Water connected
  • Fire alarm
  • Security system
  • Garage

The market for homes like this

Single-family homes with 3 bedrooms in Lake Magdalene
i
Median sold price$419,500117 sales · last 12 months
Median price per sq ft$274117 sales · last 12 months
Median rent$2,448/mo40 leases · last 12 months
Median days to lease2740 leases · last 12 months

Lake Magdalene, as its listings describe it

What agents stated on listings, 2004 – 2026i
Community pool59%of 245 listings
HOA fee, median$375/moof 168 listings
Has an association51%of 469 listings
Pets allowed83%of 530 listings
Minimum lease, most commonNo Minimum55% of 361 listings · next: 1–2 Years
Lease restrictions36%of 365 listings
Association approval required37%of 252 listings
Private pool26%of 646 listings
Gated37%of 245 listings
Public water · sewer92% · 85%of 399 · 417 listings
Flood zone (A or V)11%of 427 listings
55+ communityNo98% of 469 listings · next: Yes
Homestead share75%of 10,159 homes · county tax roll
Also stated: waterfront 17% of 471 listings; CDD 1% of 384.

Price and time on market

This listing against homes like iti
Price per sq ft
The seller has not permitted automated price comparisons
Time on market
The seller has not permitted automated comparisons
Price history
Listed at $397,000 originally; now $390,000, 1.8% lower after at least one price reduction. The most recent: down $7,000 on Oct. 5, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$1,174 for 2025 on the listing; about $497 on the 2026 roll
The listing and the county roll disagree materially; both are shown
Estimated taxes at this price
i
About $4,800/yr homesteaded, $5,500/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$166/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$98/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in Lake Magdalene

unincorporated Hillsborough County · Hillsborough County · ZIP 33612 · Lake Magdalene (census-designated place) · Flood zone X
Explore Lake Magdalene →
Homes10,159residential parcels
Median sold price$439,900343 sales · last 12 months
Vs. the prior year+1.1%343 sales this year · 377 sales the prior year
Median rent$1,950/mo101 leases · last 12 months
Homes that changed hands3%343 sales of 10,159 homes
Homestead share75%of 10,159 homes · county tax roll
Single-family homes in Lake Magdalene, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months272$490,000$2,448/mo40 leases
2 bed15Not enough sales yet to report on their own
3 bed · this home117$419,500—
4 bed103$581,000—
5+ bed37Not enough sales yet to report on their own
All single-family homes · 24 months568$485,000$2,537/mo92 leases
Median price

Lake Magdalene homes sold for a median of $439,900 in the 12 months to Oct. 18, 2026.

343 sales
Price trend

That's 1.1% above the median for the 12 months before, $435,000.

343 sales this year · 377 sales the prior year
What's selling

Single-family detached homes made up 272 of the 343 sales in the same 12 months, at a median of $490,000.

272 of 343 sales

Location

518 W 129TH AVE, TAMPA, FL 33612

Nearby homes for sale in Tampa

Based on information from Stellar MLS® for the period March 8, 2004 through October 18, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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