Tampa › Collins Philip 2nd

1505 W Grace St

Tampa, FL 33607
$1,349,900
5 bed3.5 bath3,211 sqftSingle-family home · built 2026

Listed at $420 per sq ft. Median for single-family homes in ZIP 33607 sold in the last 12 months: $300 per sq ft.

204 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 97% of single-family homes sold in ZIP 33607
533 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 38% above the typical price for a single-family home its size in ZIP 33607
533 single-family home sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 98% of single-family homes in ZIP 33607
906 homes · Jul 2004 - Oct 2026
Compared against 40 similar homes sold within 1.09 mi.

About this property

Stunning new-construction home offering modern luxury, thoughtful design, and exceptional attention to detail in the heart of Tampa.
This two-story residence features 5 bedrooms and 3.5 bathrooms, including a private en-suite bedroom downstairs and four additional bedrooms upstairs. The gorgeous modern kitchen showcases an extra-large island, contemporary fixtures, and KitchenAid stainless steel appliances, while the open living area features a beautiful wine cellar—perfect for wine enthusiasts and entertaining. Luxury waterproof vinyl flooring runs throughout the home, complemented by high-quality finishes and carefully selected details. The two-car garage features an impact-rated garage door and epoxy flooring. Impact-resistant windows and sliding doors throughout provide added protection and peace of mind. Upstairs, the front balcony offers a gorgeous view of the Downtown Tampa skyline. Modern, elegant, and designed for comfortable living, this exceptional new home is ready to impress.

Property details

Year built2026
Lot size0.11 ac
HOANot stated
Parking2-car
Days on market1
MLS#TB8547652
BalconyGardenOutdoor kitchenPrivate yardRain guttersSidewalk
All features →
  • Balcony
  • Garden
  • Outdoor kitchen
  • Private yard
  • Rain gutters
  • Sidewalk
  • Sprinkler metered
  • Ceiling fans
  • High ceilings
  • Primary bedroom main floor
  • Primary bedroom upstairs
  • Solid wood cabinets
  • Stone counters
  • Thermostat
  • Walk-in closets
  • Convection oven
  • Dishwasher
  • Disposal
  • Electric water heater
  • Microwave
  • Range
  • Range hood
  • Refrigerator
  • Tile flooring
  • City view
  • Central air conditioning
  • Central heating
  • Electric heating
  • Shingle roof
  • Block foundation
  • Slab foundation
  • Stem wall foundation
  • Block construction
  • Stucco construction
  • Frame construction
  • Two stories
  • Laundry room
  • Upstairs laundry
  • Washer hookup
  • Electricity available
  • Electricity connected
  • Sewer available
  • Sewer connected
  • Sprinkler meter
  • Water available
  • Water connected
  • Garage
  • New construction
  • Stainless steel appliances

The market for homes like this

Single-family homes in ZIP 33607 · all sizes
Too few 5+-bedroom single-family home sales here to report on their own, so these cover every single-family home in Tampa.i
Median sold price$440,000204 sales · last 12 months
Median price per sq ft$300204 sales · last 12 months
Median rent$2,675/mo132 leases · last 12 months
Median days to lease44132 leases · last 12 months

Tampa, as its listings describe it

What agents stated on listings, 2002 – 2026i
Community pool62%of 4,071 listings
HOA fee, median$445/moof 2,239 listings
Has an association37%of 8,997 listings
Pets allowed84%of 10,806 listings
Minimum lease, most commonNo Minimum55% of 5,916 listings · next: 1–2 Years
Lease restrictions36%of 5,926 listings
Association approval required42%of 3,588 listings
Private pool12%of 13,853 listings
Gated42%of 4,071 listings
Public water · sewer98% · 98%of 7,275 · 7,574 listings
Flood zone (A or V)25%of 7,478 listings
55+ communityNo99% of 9,026 listings · next: Yes
Homestead share Collins Philip 2nd43%of 150 homes · county tax roll
Also stated: waterfront 5% of 9,297 listings; CDD 8% of 6,500.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $420 per sq ft, 40% above the $300 median for single-family homes in ZIP 33607 sold in the last 12 months
204 sales · last 12 months
Time on market
On the market 1 days; single-family homes in ZIP 33607 took a median of 46 days to sell in the last 12 months
204 sales · last 12 months
Price history
Listed at $1,349,900 since Sept. 9, 2026 with no price change

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$3,528 for 2025 on the listing; about $2,117 on the 2026 roll
The listing and the county roll disagree materially; both are shown
Estimated taxes at this price
i
About $20,000/yr homesteaded, $20,800/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
$79/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 Tampa

City of Tampa · Hillsborough County · ZIP 33607 · Flood zone X
Explore Tampa →
Homes114,673residential parcels
Median sold price$460,0005,038 sales · last 12 months
Vs. the prior year+1.1%5,038 sales this year · 4,894 sales the prior year
Median rent$2,450/mo2,886 leases · last 12 months
Homes that changed hands4%5,038 sales of 114,673 homes
Homestead share63%of 114,673 homes · county tax roll
Single-family homes in Tampa, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months3,639$465,800$2,700/mo1,300 leases
2 bed423$300,000$1,900/mo196 leases
3 bed1,683$399,999$2,563/mo692 leases
4 bed1,069$650,000$3,200/mo328 leases
5+ bed · this home464$1,537,500$3,997/mo84 leases
All single-family homes · 24 months7,279$465,000$2,697/mo2,480 leases
Median price

Tampa homes sold for a median of $460,000 in the 12 months to Oct. 11, 2026.

5,038 sales
Price trend

That's 1.1% above the median for the 12 months before, $455,000.

5,038 sales this year · 4,894 sales the prior year
What's selling

Single-family detached homes made up 3,639 of the 5,038 sales in the same 12 months, at a median of $465,800.

3,639 of 5,038 sales
Not yet available here: owner-occupancy.The Tampa record: homes, prices, rents, communities and listings →

Location

1505 W GRACE ST, TAMPA, FL 33607

Nearby homes for sale in Tampa

Based on information from Stellar MLS® for the period September 16, 2002 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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