Palm River-Clair Mel › Clair Mel City

1503 Lancelot Loop

Tampa, FL 33619
$395,000
4 bed3 bath1,512 sqftSingle-family home · built 1959

Listed at $261 per sq ft. Median for single-family homes in Clair Mel City sold in the last 24 months: $255 per sq ft.

115 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 87% of single-family homes sold in Clair Mel City
163 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 4% above the typical price for a single-family home its size in Clair Mel City
163 single-family home sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 32% of single-family homes in Clair Mel City
244 homes · Oct 2022 - Oct 2026
Compared against 40 similar homes sold within 0.49 mi.

About this property

Step into this beautifully reimagined 4-bedroom, 3-bathroom home where modern design, flexibility, and everyday comfort come together in a way that feels both elevated and practical. From the moment you walk in, you are welcomed by a bright, inviting interior that flows effortlessly into a beautifully updated kitchen featuring quartz countertops, sleek cabinetry, modern finishes, and plenty of space for gathering, entertaining, and making memories.

One of the most distinctive features of this home is its two spacious primary suites, each with its own private en-suite bathroom, separate exterior entrance, and enough room to create a comfortable sitting area. The main primary retreat also features a walk-in closet and a beautifully finished bathroom with double vanities and a walk-in shower, creating a private space designed for comfort and relaxation.

The second oversized primary suite offers its own private bathroom with double vanities and a shower, along with separate exterior access that creates exceptional flexibility. Whether used for multigenerational living, extended family, long-term guests, a private work-from-home setup, or by a future owner exploring additional income possibilities, this layout gives you options as life changes. The layout feels fresh, functional, and move-in ready while still giving the next owner room to make the home truly their own.

And then there is the location. Perfectly positioned between Brandon and Tampa, this home offers convenient access to shopping, dining, entertainment, and major roadways. Enjoy being just minutes from everything Brandon has to offer while still staying closely connected to Tampa, the Seminole Hard Rock, the Florida State Fairgrounds, and the many attractions, restaurants, and experiences throughout the Tampa Bay area.

It is a place for slow mornings, busy evenings, family staying close, friends gathering around the kitchen, and having enough space for everyone to still enjoy a little privacy. It is a home with options, personality, and room to imagine what comes next.

Some houses simply check the boxes. This one gives you room to picture your future in it. Schedule your private showing and come see why this may be the one you have been waiting to call home.

Property details

Year built1959
Lot size0.16 ac
HOANot stated
Days on market24
MLS#TB8541607
SidewalkCeiling fansCrown moldingLiving/dining comboOpen floorplanSmart home
All features →
  • Sidewalk
  • Ceiling fans
  • Crown molding
  • Living/dining combo
  • Open floorplan
  • Smart home
  • Stone counters
  • Walk-in closets
  • Dishwasher
  • Electric water heater
  • Microwave
  • Range
  • Refrigerator
  • Tile flooring
  • Central air conditioning
  • Mini-split units cooling
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Stucco construction
  • Single story
  • Electric dryer hookup
  • Inside laundry
  • Washer hookup
  • Cable available
  • Electricity connected
  • Public utilities
  • Smoke detectors
  • Quartz countertops

The market for homes like this

Single-family homes in Clair Mel City · all sizes
Too few 4-bedroom single-family home sales here to report on their own, so these cover every single-family home in Palm River-Clair Mel.i
Median sold price$300,000115 sales · last 24 months
Median price per sq ft$255115 sales · last 24 months
Median rent$2,400/mo58 leases · last 12 months
Median days to lease3758 leases · last 12 months

Palm River-Clair Mel, as its listings describe it

What agents stated on listings, 2004 – 2026i
Community pool81%of 246 listings
HOA fee, median$224/moof 195 listings
Has an association Clair Mel City0%of 65 listings
Pets allowed Clair Mel City83%of 40 listings
Minimum lease, most common Clair Mel CityNo Minimum87% of 53 listings · next: 1–7 Days
Lease restrictions Clair Mel City2%of 53 listings
Association approval required30%of 239 listings
Private pool Clair Mel City6%of 83 listings
Gated52%of 246 listings
Public water · sewer100% · 97%of 53 · 59 listings
Flood zone (A or V) Clair Mel City7%of 62 listings
55+ community Clair Mel CityNo100% of 65 listings
Homestead share Clair Mel City65%of 1,877 homes · county tax roll
Also stated: waterfront 0% of 65 listings in Clair Mel City; CDD 0% of 58 in Clair Mel City.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $261 per sq ft, 2% above the $255 median for single-family homes in Clair Mel City sold in the last 24 months
115 sales · last 24 months
Time on market
On the market 24 days; single-family homes in Clair Mel City took a median of 19 days to sell in the last 24 months
115 sales · last 24 months
Price history
Listed at $399,900 originally; now $395,000, 1.2% lower after at least one price reduction. The most recent: down $4,900 on Sept. 25, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$975 for 2025 on the listing; about $121 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, $5,600/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 Palm River-Clair Mel

unincorporated Hillsborough County · Hillsborough County · ZIP 33619 · Palm River-Clair Mel (census-designated place) · Flood zone X
Explore Palm River-Clair Mel →
Homes8,125residential parcels
Median sold price$345,000229 sales · last 12 months
Vs. the prior year+3.0%229 sales this year · 293 sales the prior year
Median rent$2,300/mo108 leases · last 12 months
Homes that changed hands3%229 sales of 8,125 homes
Homestead share63%of 8,125 homes · county tax roll
Single-family homes in Palm River-Clair Mel, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months189$358,000$2,400/mo58 leases
2 bed11Not enough sales yet to report on their own
3 bed92$338,950—
4 bed · this home73$379,900—
5+ bed13Not enough sales yet to report on their own
All single-family homes · 24 months434$351,500$2,400/mo135 leases
Median price

Palm River-Clair Mel homes sold for a median of $345,000 in the 12 months to Oct. 11, 2026.

229 sales
Price trend

That's 3.0% above the median for the 12 months before, $335,000.

229 sales this year · 293 sales the prior year
What's selling

Single-family detached homes made up 189 of the 229 sales in the same 12 months, at a median of $358,000.

189 of 229 sales

Location

1503 LANCELOT LOOP, TAMPA, FL 33619

Nearby homes for sale in Tampa

Based on information from Stellar MLS® for the period October 7, 2004 through October 11, 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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