South Tampa › Fair Oaks South

4507 S Oak Dr #p31

Tampa, FL 33611
$244,900
2 bed2 bath928 sqftCondo · built 1981

What stands out about this home

Compared with condos like it, within product classi
Size
Larger than 33% of condos sold in South Tampa
880 condo sales · Jan 2024 - Oct 2026
Price
The seller has not permitted automated price comparisons
Standout feature
No standout feature to report
Age
Newer than 27% of condos in South Tampa
1,819 homes · Oct 2015 - Oct 2026
Compared against 40 similar homes sold within 0.18 mi.

About this property

BEAUTIFULLY RENOVATED SOUTH TAMPA CONDO IN FAIR OAKS!

This extensively renovated condo features a redesigned open-concept floor plan and a modern, move-in-ready interior. Recent updates include new HVAC, new windows, new appliances, cabinetry, quartz countertops, plumbing fixtures, tile flooring throughout, recessed lighting and updated finishes.

The open layout and abundant recessed lighting create a bright, contemporary living space. The extensive renovations provide a fresh, cohesive look throughout the home.

Fair Oaks offers convenient South Tampa living with a community pool and clubhouse, along with easy access to shopping, dining, Bayshore, MacDill AFB, Westshore, Downtown Tampa and major transportation routes.

OPEN CONCEPT • NEW HVAC • NEW WINDOWS • EXTENSIVELY RENOVATED • SOUTH TAMPA

Property details

Year built1981
Lot size0.02 ac
HOA fee$496/mo
Days on market20
MLS#TB8549513
Private mailboxSidewalkStorageCeiling fansLiving/dining comboOpen floorplan
All features →
  • Private mailbox
  • Sidewalk
  • Storage
  • Ceiling fans
  • Living/dining combo
  • Open floorplan
  • Primary bedroom main floor
  • Stone counters
  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Range
  • Refrigerator
  • Washer
  • Tile flooring
  • Central air conditioning
  • Central heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Stucco construction
  • Single story
  • Laundry closet
  • Electricity connected
  • Public utilities
  • Sewer connected
  • Water connected
  • Quartz countertops

The market for homes like this

Condos with up to 2 bedrooms in South Tampa
i
Median sold price$290,000256 sales · last 12 months
Median price per sq ft$316256 sales · last 12 months
Median rent$1,825/mo309 leases · last 12 months
Median days to lease46309 leases · last 12 months

South Tampa, as its listings describe it

What agents stated on listings, 2005 – 2026i
Community pool59%of 1,502 listings
HOA fee, median$563/moof 724 listings
Has an association40%of 2,906 listings
Pets allowed85%of 3,453 listings
Minimum lease, most commonNo Minimum52% of 1,909 listings · next: 1–2 Years
Lease restrictions41%of 1,908 listings
Association approval required50%of 1,175 listings
Private pool18%of 4,285 listings
Gated33%of 1,502 listings
Public water · sewer99% · 99%of 2,318 · 2,458 listings
Flood zone (A or V)49%of 2,375 listings
55+ communityNo99% of 2,921 listings · next: Yes
Homestead share Fair Oaks South55%of 204 homes · county tax roll
Also stated: waterfront 6% of 2,948 listings; CDD 1% of 2,032.

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 $249,900 originally; now $244,900, 2.0% lower after at least one price reduction. The most recent: down $5,000 on Oct. 7, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$560 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $2,900/yr homesteaded, $3,800/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 South Tampa

City of Tampa · Hillsborough County · ZIP 33611 · Flood zone X500
Explore South Tampa →
Homes28,583residential parcels
Median sold price$690,0001,627 sales · last 12 months
Vs. the prior year+7.8%1,627 sales this year · 1,423 sales the prior year
Median rent$2,650/mo910 leases · last 12 months
Homes that changed hands6%1,627 sales of 28,583 homes
Homestead share69%of 28,583 homes · county tax roll
Condos in South Tampa, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All condos · 12 months382$467,500$1,900/mo335 leases
2 bed · this home256$290,000$1,825/mo309 leases
3 bed83$1,745,000—
4 bed42$2,855,000—
5+ bed1Not enough sales yet to report on their own
All condos · 24 months617$390,000$1,900/mo646 leases
Median price

South Tampa homes sold for a median of $690,000 in the 12 months to Oct. 11, 2026.

1,627 sales
Price trend

That's 7.8% above the median for the 12 months before, $640,000.

1,627 sales this year · 1,423 sales the prior year
What's selling

Single-family detached homes made up 1,052 of the 1,627 sales in the same 12 months, at a median of $800,000.

1,052 of 1,627 sales
The South Tampa record: homes, prices, rents, communities and listings →

Location

4507 S OAK DR #P31, TAMPA, FL 33611

Nearby homes for sale in Tampa

Based on information from Stellar MLS® for the period July 25, 2005 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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