Tampa is consistently ranked one of the best cities in the nation. Money Magazine named Tampa as the best city in the South East U.S. And just recently, Niche ranked 4 Tampa Bay communities as the best places to live in the entire state of Florida.
Tampa’s mayor Bob Buckhorn believes that Tampa is the best city in the nation, because of its great outdoor infrastructure, superb community spaces, lively event schedule, and high quality of life.
Because Tampa and Metro Tampa Bay are such vibrant communities with strong demand for homes and vacation properties, Tampa is also consistently ranked a top city for investing in real estate.
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Room to Breathe Outdoors
Tampa is full of public parks, with new parks and renovations of existing parks taking place every year. Five parks nearby the river connect to a five-mile-long river walk along the Hillsborough River. Throughout the city, multi-purpose trails are perfect for biking, walking, and running.
And because of the beautiful weather in Tampa, outdoor facilities and beaches are well maintained to help residents and vacationers get the most out of the city, which features 170 public parks.
Community Involvement
Twenty-three community centers are located throughout Tampa in many different neighborhoods. In an effort to keep children active and involved, free passes are given to thousands of children around Tampa to participate in community center activities during the year. These centers provide a place for after-school activities and safe places for families to enjoy.
Festivals and Events
Tampa has a lot to offer for entertainment. It’s home to a number of sports teams, including the Tampa Bay Buccaneers NFL team, Tampa Bay Lightning hockey team, Tampa Tarpons minor league baseball team, and more.
Large city-sanctioned events occur annually in Tampa, including the Gasparilla Pirate Festival, Tampa Pig Jig, and the Mayor’s River O’ Green (Buckhorn’s favorite event). Many activities are hosted by the various universities around the city, and by other organizations in Tampa.
Quality of Life
Education and healthcare in Tampa are continuously improving, even though both are already strong qualities of the city. Multiple prestigious universities are in Tampa, including the University of South Florida and University of Tampa. State of the art healthcare facilities are all around Tampa, with more planned in upcoming developments.
Mayor Buckhorn is actively working on improving the quality of life for residents in Tampa by targeting crime rates, improving public safety, and continuing to grow the economy. Economic development in Tampa is currently very strong, with many people moving to Tampa for employment, studies, and other benefits.
Continuous Development
Tampa continues to grow in size and development. One of the largest projects underway is a $40 million development project by Bill Gates and Jeff Vinik that features a hotel, restaurants, office spaces, and more. The development is already reinvigorating a large portion of the downtown area, adding new life and movement to the waterfront area. The city is building up around the new development as well, providing pathways with easy walkability, lots of natural outdoor spaces with greenery, and daily air quality monitoring.
Furthermore, the University of South Florida’s Morsani College of Medicine plans to relocate to downtown Tampa, placing itself within direct access to Tampa General Hospital. This move will increase hospital access for students and other medical professionals, which will increase the overall quality of care available in Tampa.
Tampa Bay is a Top Metro to Invest in Real Estate
Tampa and Metro Tampa Bay are vibrant communities, with people moving to the area every day and people visiting to vacation. All this economic activity makes Tampa Bay a top U.S. metro for real estate investing.
Reasons for Tampa’s top ranking for real estate investing include:
- Employment growth.
- Population growth and housing demand.
- Global investors.
- Profitability of rental properties and flipping homes.
- Quality of life.
All of this, and more, makes Tampa one of the best metros to invest in real estate.
Related: 5 Reasons Tampa is a Top City for Real Estate Investing
Graystone Investment Group
Graystone Investment Group is an experienced real estate wholesaler in Tampa Bay. We serve local and international clients who flip homes in as little as 30 days, as well as clients who hold high cash flowing rental properties.
Unlike other wholesaling groups, we provide clients with a turnkey process at no extra charge. We find properties that we resell to investors at discount prices, while also connecting them with private financing. We also coordinate with rehab and management companies we’ve worked with for years.
To learn more about profitable real estate investments in the Tampa Bay area, fill out our Investor Profile or contact us direct.
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