Lake Magdalene › North Pointe

510 Proclamation Dr

Tampa, FL 33613
$560,000
5 bed4 bath2,047 sqftSingle-family home · built 1977

Listed at $274 per sq ft. Median for single-family homes in Lake Magdalene sold in the last 12 months: $269 per sq ft.

271 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 59% of single-family homes sold in Lake Magdalene
806 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 1% above the typical price for a single-family home its size in Lake Magdalene
806 single-family home sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 70% of single-family homes in North Pointe
55 homes · Sep 2023 - Oct 2026
Compared against 40 similar homes sold within 1.49 mi.

About this property

Beautifully Renovated Property in the Heart of Tampa with Excellent Income Potential!

Don’t miss this incredible opportunity to own a fully renovated property in excellent condition, conveniently located in a quiet and peaceful neighborhood in the heart of Tampa. Just minutes from schools, major highways, restaurants, shopping, and entertainment.

The main residence features 3 bedrooms, 2 bathrooms, a spacious living room, and a kitchen. In addition, the property offers two separate apartments, each featuring its own bedroom, bathroom, and kitchen, providing excellent potential for additional rental income, multigenerational living, or accommodating extended family.

Important Information: The property currently has solar panels, which will be paid off in full at closing. The seller will remove and retain the solar panels and provide a credit toward the installation of a brand-new roof.

This unique property offers comfort, versatility, and outstanding investment potential in a desirable Tampa location.

Schedule your private showing today! Opportunities like this don’t last long!

Property details

Year built1977
Lot size0.16 ac
HOANot stated
Days on market1
MLS#TB8556586
Ceiling fansMicrowaveRangeRefrigeratorCeramic tile flooringCentral air conditioning
All features →
  • Ceiling fans
  • Microwave
  • Range
  • Refrigerator
  • Ceramic tile flooring
  • Central air conditioning
  • Central heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Single story
  • Sewer connected
  • Water connected
  • Solar

The market for homes like this

Single-family homes in Lake Magdalene · all sizes
Too few 5+-bedroom single-family home sales here to report on their own, so these cover every single-family home in Lake Magdalene.i
Median sold price$490,000271 sales · last 12 months
Median price per sq ft$269271 sales · last 12 months
Median rent$2,500/mo43 leases · last 12 months
Median days to lease2743 leases · last 12 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 North Pointe87%of 367 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 $274 per sq ft, 2% above the $269 median for single-family homes in Lake Magdalene sold in the last 12 months
271 sales · last 12 months
Time on market
On the market 0 days; single-family homes in Lake Magdalene took a median of 21 days to sell in the last 12 months
271 sales · last 12 months
Price history
Listed at $560,000 since Oct. 10, 2026 with no price change

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$4,809 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $7,200/yr homesteaded, $7,900/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 33613 · 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
Single-family homes in Lake Magdalene, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months271$490,000$2,500/mo43 leases
2 bed14Not enough sales yet to report on their own
3 bed118$418,750—
4 bed102$583,000—
5+ bed · this home37Not enough sales yet to report on their own
All single-family homes · 24 months565$488,000$2,537/mo92 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

510 PROCLAMATION DR, TAMPA, FL 33613

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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