Lake Magdalene › Carrollwood Gables Condo

12291 Armenia Gables Cir

Tampa, FL 33612
$199,900
2 bed2 bath964 sqftCondo · built 1986

Listed at $207 per sq ft. Median for condos in Lake Magdalene sold in the last 24 months: $174 per sq ft.

66 sales · Stellar MLS, credited below

What stands out about this home

Compared with condos like it, within product classi
Size
Larger than 52% of condos sold in Lake Magdalene
101 condo sales · Jan 2024 - Oct 2026
Price
Listed 24% above the typical price for a condo its size in Lake Magdalene
101 condo sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 92% of condos in Lake Magdalene
194 homes · Jul 2022 - Oct 2026
Compared against 40 similar homes sold within 1.76 mi.

About this property

Beautifully updated 2-bedroom, 2-bath condo in Tampa! This move-in-ready second-floor unit offers approximately 964 square feet of living space and has been thoughtfully updated throughout. The interior features new luxury vinyl plank flooring, fresh paint, and impressive cathedral ceilings that create a bright, open feel. The kitchen and living areas flow together comfortably, and both bedrooms offer generous storage, including walk-in closets. The bathrooms have been refreshed with new vanities and beautiful porcelain shower tile. A new A/C system adds comfort and peace of mind. Conveniently located near shopping, dining, major roadways, and everything Tampa has to offer. Whether you're looking for a primary residence or an investment opportunity, this updated condo is ready for its next owner. Schedule your private showing today!

Property details

Year built1986
Lot size0.01 ac
Condo fee$581/mo
Days on market9
MLS#TB8550898
Private mailboxCathedral ceilingsHigh ceilingsDishwasherMicrowaveRange
All features →
  • Private mailbox
  • Cathedral ceilings
  • High ceilings
  • Dishwasher
  • Microwave
  • Range
  • Ceramic tile flooring
  • Vinyl flooring
  • Central air conditioning
  • Central heating
  • Shingle roof
  • Slab foundation
  • Frame construction
  • Single story
  • Electric dryer hookup
  • Laundry closet
  • Washer hookup
  • Broadband internet available
  • Cable available
  • Fiber optics
  • Public utilities

The market for homes like this

Condos in Lake Magdalene · all sizes
Too few 2-bedroom condo sales here to report on their own, so these cover every condo in Lake Magdalene.i
Median sold price$177,50066 sales · last 24 months
Median price per sq ft$17466 sales · last 24 months
Median rent$1,473/mo52 leases · last 24 months
Median days to lease3252 leases · last 24 months

Lake Magdalene, as its listings describe it

What agents stated on listings, 2004 – 2026i
Community pool58%of 240 listings
HOA fee, median$375/moof 166 listings
Has an association51%of 459 listings
Pets allowed83%of 522 listings
Minimum lease, most commonNo Minimum55% of 354 listings · next: 1–2 Years
Lease restrictions36%of 358 listings
Association approval required37%of 247 listings
Private pool26%of 636 listings
Gated37%of 240 listings
Public water · sewer92% · 85%of 390 · 408 listings
Flood zone (A or V)12%of 417 listings
55+ communityNo99% of 459 listings · next: Yes
Homestead share Carrollwood Gables Condo51%of 96 homes · county tax roll
Also stated: waterfront 17% of 461 listings; CDD 1% of 377.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $207 per sq ft, 19% above the $174 median for condos in Lake Magdalene sold in the last 24 months
66 sales · last 24 months
Time on market
On the market 9 days; condos in Lake Magdalene took a median of 42 days to sell in the last 24 months
66 sales · last 24 months
Price history
Listed at $199,900 since Sept. 21, 2026 with no price change

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$2,589 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $2,100/yr homesteaded, $2,800/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
$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$439,900342 sales · last 12 months
Vs. the prior year+1.1%342 sales this year · 375 sales the prior year
Median rent$1,995/mo101 leases · last 12 months
Homes that changed hands3%342 sales of 10,159 homes
Homestead share75%of 10,159 homes · county tax roll
Condos in Lake Magdalene, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All condos · 12 months33Not enough sales yet to report on their own
2 bed · this home28Not enough sales yet to report on their own
3 bed5Not enough sales yet to report on their own
All condos · 24 months66$177,500$1,473/mo52 leases
Median price

Lake Magdalene homes sold for a median of $439,900 in the 12 months to Oct. 11, 2026.

342 sales
Price trend

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

342 sales this year · 375 sales the prior year
What's selling

Single-family detached homes made up 271 of the 342 sales in the same 12 months, at a median of $490,000.

271 of 342 sales

Location

12291 ARMENIA GABLES CIR, TAMPA, FL 33612

Nearby homes for sale in Tampa

Based on information from Stellar MLS® for the period March 8, 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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