Market Highlight: Tampa, FL
Tampa, Florida is known lately as a powerhouse for national sports teams such as the Tampa Bay Buccaneers, the Tampa Bay Lightning, and the Tampa Bay Rays. Other attractions to Tampa include Busch Gardens, an array of museums such as The Museum of Art or the Museum of Science & Industry, as well as the Florida Aquarium. As of late Tampa has experienced a hike in the cost of living naming it the 24th most expensive city in the U.S. to live in, according to a study done by Zumper. In 2020 Tampa was named the 36th most expensive to live in, with that being said, the jump to the 24th most expensive city in the 2021 report resulted in it being the fifth-highest jump. This report also noted that rent in Tampa had a 24% year-over-year increase meanwhile the national average for rent has gone up 12.1%.
Tampa is not only growing in residents but also businesses. Tampa was listed amongst the best cities to start a business in according to a study done by WalletHub. This can be accredited to the fact that Tampa has the 19th best business cost and the 24th best access to resources out of 100 cities across the nation.
Tampa is a fun and fast-paced environment for tourists and residents alike, with endless entertainment options, along with beautiful beaches, and business centers galore. For more information on TCG or our services, please contact our office at (239) 334-3040 or visit our website here.
You May Like
The Difference Between Retail and Commercial Properties
Many people in Florida believe that “retail space” and “commercial space” are one in the same. While there are some similarities, it’s critical to understand the primary differences between commercial real estate before you enter a lease. Retail Space Retail space is among the most coveted thanks in large part
Property Spotlight: 4795 Enterprise Avenue
In this week’s edition of property spotlight, we wanted to highlight 4795 Enterprise Avenue. An 8,000 Sq Ft. Office building in Naples, the building is located on the northwest corner of Livingston Road and Enterprise Avenue. This property is available for sale with a price of $2,250,000 or $281/SF. It
Florida Highlight: Freedom Week Tax Holiday
This week we would like to highlight a newly minted Florida tax holiday. This holiday was signed into law by Governor Ron Desantis, beginning July 1st and ending July 7th. Freedom tax week looks to boost consumer growth through limiting sales tax on recreational equipment and activity. For instance, this