Homes for sale · Tampa, Florida40th Street Corridor
A practical Tampa corridor with real room to buy
152
Homes for sale
$325,000
Median list price
$228
Avg price / sqft
67
Median days on market
The 40th Street Corridor runs through the heart of east-central Tampa, connecting a mix of established residential pockets, newer infill, and easy access to the city's main arteries. It's a neighborhood that rewards buyers who want to be close to downtown without paying downtown prices — a place where you'll find starter homes, rentals, and a growing share of new construction side by side. Nearby you've got the character-rich streets of Old Seminole Heights to the west and the University district to the north.
For a buyer today, this is one of Tampa's more approachable markets. The median list price sits at $325,000 with homes moving in about 69 days, and sellers are getting 97% of asking — a balanced market that gives you room to negotiate without feeling like you've missed the window. With 41 of the 149 active listings being new construction, there's genuine choice across price points, from entry-level condos near Lake Magdalene to larger builds.
40th Street Corridor is a community in Tampa, Florida.
Quick facts
$72,500 – $1.6M price range
1,364 sqft median home
$275/mo median HOA
$1,750/mo median rent
311 sold in 12 months
Drive times
Living in the 40th Street Corridor
The 40th Street Corridor is a working, central slice of Tampa — a north-south spine that threads through established residential neighborhoods, pockets of newer construction, and the commercial energy that comes with being close to the University district. It's not a polished tourist destination, and that's part of its appeal: buyers come here for location and value rather than postcard scenery. You're within a short drive of downtown, the University of South Florida area, and the city's main highway connections.
The character is practical and mixed. You'll find modest single-family homes, condos, and a rising share of new builds, with everyday conveniences never far away. This is a neighborhood that suits first-time buyers, investors eyeing rental demand, and commuters who want to trade a longer drive for a lower price.
Who does it suit best? People who prioritize proximity and budget over prestige. If you want to be close to central Tampa, near the University, and roughly 20 minutes from downtown without stretching into six-figure-over-asking territory, this corridor delivers that trade-off honestly.
Neighborhoods and communities in the 40th Street Corridor
The corridor sits near several well-known Tampa communities, each with its own personality. To the west, Old Seminole Heights is known for its bungalows and established tree-lined streets, offering more vintage character for buyers who want it. The University area to the north brings the energy and rental demand that comes with a major campus nearby.
Further afield, Lake Magdalene to the north offers a more suburban, lake-oriented feel, while Hyde Park sits among Tampa's most historic and upscale addresses closer to the water. Gandy/Sun Bay South anchors the city's southern peninsula with its own waterfront draw. Each of these gives corridor buyers a sense of the range available across greater Tampa.
Within the corridor itself, inventory leans toward single-family resale and new construction, with 16 gated listings and a handful of waterfront and pool homes currently active. The variety means you can shop several styles and price points inside a relatively compact area, which is useful when you're comparing value across Tampa neighborhoods.
Homes for sale in the 40th Street Corridor: prices and housing
The numbers tell a clear story. The median list price is $325,000, with active listings spanning from $72,500 to $1.6 million — a wide band that reflects everything from compact condos to larger new-construction homes. The average price per square foot is about $229, and the median home size is around 1,362 square feet, so most inventory falls in the comfortable mid-size range.
Over the past 12 months, 311 homes sold at a median of $305,000, and sellers averaged 97% of their asking price. That tight relationship between list and sold prices, combined with a median 69 days on market, signals a balanced market where pricing is realistic and buyers have negotiating room. New construction is a standout feature here — 41 of the 149 active listings are new builds, an unusually high share for central Tampa.
On carrying costs, the median HOA fee is about $275 per month where it applies, typically in condo and gated communities rather than across every home. Median property tax runs about $2,185 per year. For investors, median rent is around $1,725 per month, which pairs with the entry-level pricing to make the rental math worth running.
Schools in the 40th Street Corridor
The most commonly assigned schools in this part of Tampa include USF/Patel Partnership Elementary School and the Patricia Sullivan Metropolitan Ministries Partnership School at the elementary level, Greco Middle School, and King High School. These are the schools that come up most often for addresses within the corridor, though assignments are not uniform across the whole area.
Because the corridor stretches across several zones, the assigned school can change from block to block. Always confirm the exact zoning for a specific address directly with Hillsborough County Public Schools rather than assuming based on a neighboring property.
If schools are a priority in your search, it's worth narrowing your home search to the attendance zone you want first, then shopping listings within it. Your agent can help you cross-reference the current boundaries before you write an offer.
Getting around the 40th Street Corridor
Location is this neighborhood's strongest card. Downtown Tampa is roughly a 20-minute drive, putting the central business district, waterfront, and entertainment within easy reach for work and weekends. Tampa International Airport is about 33 minutes away, which is manageable for anyone who travels regularly.
The corridor's central position gives it access to Tampa's major north-south and east-west routes, making cross-town trips to the University area, the suburbs, and the interstates straightforward. For most daily errands and commutes, a car remains the practical choice here, as it is across most of Tampa.
That central access is a big part of why value-minded buyers look here. You get genuine proximity to the places you need to be without the price premium of living right downtown or on the water.
Is the 40th Street Corridor a good place to live?
For the right buyer, yes — with eyes open about the trade-offs. The appeal is clear: a median price of $325,000, a central location about 20 minutes from downtown, and an unusually deep supply of new construction with 41 active builds. Add a balanced market with homes selling at 97% of asking over 69 median days, and you have a neighborhood where buyers can shop carefully and negotiate.
The honest counterpoint is that this is a practical, mixed corridor rather than a destination neighborhood. You won't find the polished historic streetscape of Hyde Park or the lakefront calm of Lake Magdalene here — what you get instead is location and value. For first-time buyers, commuters, and investors, that's often exactly the right trade.
If your priorities are proximity to central Tampa, access to the airport and highways, and a budget that stretches further than it would in the city's marquee neighborhoods, the 40th Street Corridor is worth a serious look. Confirm the school zone, the HOA, and the property tax on any specific home, and you'll have a clear picture of what your money buys.
On the market now
Homes for sale in 40th Street Corridor
View all 152 →
$339,900
8120 N GREENWOOD AVENUE, TAMPA
3 bd · 2.5 ba · 1,506 sqft
$249,900
3404 E HANNA AVENUE, TAMPA
3 bd · 2 ba · 1,875 sqft
$191,000
7301 E BANK DRIVE, TAMPA
3 bd · 2.5 ba · 1,364 sqft
$430,000
8709 N RENFREW PLACE, TAMPA
4 bd · 2 ba · 1,280 sqft
$295,000
3407 E FERN STREET E, TAMPA
3 bd · 2 ba · 1,413 sqft
$230,000
6210 N 45TH STREET, TAMPA
3 bd · 2 ba · 1,050 sqft
$225,000
5109 PURITAN CIRCLE UNIT 1601, TAMPA
3 bd · 2 ba · 1,757 sqft
$189,000
5133 TENNIS COURT CIRCLE UNIT 72, TAMPA
2 bd · 2.5 ba · 1,138 sqft
$169,900
3721 E IDLEWILD AVENUE, TAMPA
2 bd · 1 ba · 672 sqft
$146,000
7510 NEEDLE LEAF PLACE UNIT 57, TAMPA
2 bd · 1.5 ba · 1,074 sqft
$115,900
7601 ABBEY LN Unit C, TAMPA
2 bd · 1.5 ba · 1,074 sqft
$104,777
7169 E BANK DRIVE UNIT 7169, TAMPA
1 bd · 1 ba · 504 sqft
Every active listing inside the 40th Street Corridor boundary
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Browse 40th Street Corridor
By feature — on the live map
Where the market lives
The numbers that matter
The 40th Street Corridor market
311
Sold, last 12 months
$305,000
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
30 days
Median time to sell
40th Street Corridor vs Tampa
Median list price
Price per sqft
Days on market
Live Stellar MLS data — every listing and closed sale inside the 40th Street Corridor boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools 40th Street Corridor is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median 40th Street Corridor home
≈ $2,381/mo
$325,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$275/mo
Median HOA
From current listings inside the boundary
$1,750/mo
Median rent
Homes for rent inside the boundary
Population
36,788
Median age
37
Median income
$41,693
Median home value
$181,398
Beyond the listings
Living in 40th Street Corridor
Lifestyles
Nerd Culture
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
Entertainment
Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Active
Functional Fitness
Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.
Relationships
Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Attitudes
Deal Seekers
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Appearance oriented
All About Hair
Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.
People who close here
Our Tampa experts
Straight answers
40th Street Corridor FAQs
Is the 40th Street Corridor a good place to live?+
It suits buyers who want proximity to central Tampa at a more accessible price than the marquee neighborhoods. You're about 20 minutes from downtown and close to the University district, with a practical mix of older homes and new builds. It's more of a commuter-and-value play than a destination neighborhood, which is exactly why the pricing works.
Is it expensive to buy here?+
Compared to much of Tampa, no — the median list price is $325,000 and active listings run from $72,500 all the way up to $1.6 million. The average price per square foot is about $229, so there's real range depending on whether you want a compact condo or a larger new-construction home. Only one active listing is above $1 million, so this is squarely a mid-market corridor.
What do homes cost in the 40th Street Corridor?+
The median list price is $325,000 and the median home size is about 1,362 square feet at roughly $229 per square foot. Over the last 12 months, 311 homes sold at a median of $305,000, so list and sold prices are tracking closely. That tight gap tells you asking prices here are generally realistic.
How is the market right now?+
It's balanced and moving at a measured pace — median days on market is 69, and sellers are collecting about 97% of their asking price. With 149 active listings against 311 sales in the past year, there's healthy turnover and enough inventory that buyers aren't forced into bidding wars. That combination gives you time to tour, compare, and negotiate.
What should I expect for HOA fees and property taxes?+
The median HOA fee is about $275 per month, which typically applies to the condo and gated communities rather than every single-family home. Median property tax runs around $2,185 per year, which is modest for the area. Always confirm the specific HOA and millage on any home, since they vary across the corridor.
What schools serve the area?+
Commonly assigned schools include USF/Patel Partnership Elementary, Patricia Sullivan Metropolitan Ministries Partnership School, Greco Middle School, and King High School. School zones here can shift block to block, so verify the exact assignment for any address with Hillsborough County Public Schools before you commit.
How is the commute from here?+
Downtown Tampa is about a 20-minute drive, and Tampa International Airport is roughly 33 minutes away. The corridor's central location and access to major roads make it practical for commuters working across the city. For frequent flyers, that half-hour airport run is a real convenience.
Is there new construction available?+
Yes — 41 of the 149 active listings are new construction, which is a notably high share for a central Tampa neighborhood. That gives buyers the option of a modern build without heading out to the suburbs. It also means more move-in-ready inventory than you'd find in older established areas like Hyde Park.
Keep exploring
More Tampa neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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