CENTURY 21 Edge
$2,500$2,7502 bd1 ba1,300 sqft$2 /sqft$178 /mo all-in ↓

501 S MAGNOLIA AVENUE UNIT 1, TAMPA, FL, 33606

Active171 days on marketListed Feb 26, 2026MLS #TB8480779

Priced 100% below the TAMPA 33606 medianReduced $250Fully furnishedApartmentPACKWOOD

About this home

501 S MAGNOLIA AVENUE UNIT 1

Available September 1. Fully furnished and turnkey, this beautifully updated apartment offers the perfect blend of historic charm and modern convenience in the heart of Hyde Park / SOHO. Located in a character-filled historic building on South Magnolia Avenue, this second-floor residence features a spacious layout with a dedicated home office and additional guest space. The bright, sun-filled living area showcases expansive windows, sleek laminate flooring, and a decorative fireplace that adds warmth and charm. A fully equipped kitchen makes everyday living effortless, while the on-site laundry room provides added convenience. The primary suite is designed for comfort with a king-sized bed, while the separate office includes a desk, and the den easily converts into a guest sleeping area with a queen sleeper sofa. Enjoy the ease of living with most utilities included: water, sewer, and high-speed internet, all wrapped into one. Just two blocks from Bayshore Boulevard and moments from the vibrant energy of SoHo Tampa, you’re surrounded by top-tier dining, coffee shops, wine bars, and boutique shopping. With exceptional walkability and a prime South Tampa location, this residence delivers a true urban sanctuary with timeless appeal.

Facts & features

The home at a glance

2

Bedrooms

1

Bathrooms

1,300

Sqft

0.07 ac

Lot size

1904

Year built

Multi/Split

Levels

$2

Per sqft

FireplaceFurnished

Inside

AppliancesDishwasher · Dryer · Microwave · Range · Range Hood · Refrigerator · Washer
InteriorCeiling Fan(s) · Open Floorplan · Primary Bedroom Main Floor · Thermostat
LaundryCommon Area · Laundry Room
CoolingCentral Air
HeatingCentral · Electric
FurnishedFurnished

Outside & construction

ParkingCurb Parking · Off Street · On Street · Open · Parking Pad

Community & fees

PetsCats OK, Dogs OK

Utilities & systems

The numbers

What it really costs

Principal and interest plus estimated taxes and insurance. Run your own numbers below.

$178 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$15
FHA mortgage insurance (est.)$1
Est. property taxes (1.1%/yr)$2
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $88Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesEstimated at 1.1%/yrInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $88
Interest rate6.00%
Loan term

Estimated payment

$178/mo

Principal & interest$15
FHA mortgage insurance (est.)$1
Est. property taxes$2
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Tampa actives

$2 vs $301

Days on market

171 vs 42 typical

Where $2/sqft sits among the 400 Tampa actives

68 · this home
216
57
24
12
23
$2–198$198–393$393–589$589–784$784–980$980+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Hyde Park

Map of 501 S MAGNOLIA AVENUE UNIT 1 inside its neighborhood boundary

Drive times from this address

Downtown Tampa2 min
Tampa Int’l Airport (TPA)16 min
Walt Disney World70 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Tampa. See the full Tampa guide →

Hyde Park — neighborhood snapshot

Population

11,614

Median age

38

Median income

$121,864

Median home value

$694,528

Avg household

2

Households w/ children

1,017

For the school run

Hillsborough County School District

MiddleWilson Middle School★★★★
ElementaryGorrie Elementary School★★★★★
ElementaryPatricia Sullivan Metropolitan Ministries Partnership School★★★★★
HighPlant High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Tampa market

Seller’s marketLeans seller4.1 months of inventoryBuyer’s market

$413K$439K

Tampa median sold, yr/yr

97.0%

Sale-to-list ratio (12 mo)

226 of 400

Tampa actives have cut their price

Median sold price, Tampa, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 100% below the TAMPA 33606 median. See the full Tampa market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,500 $250
Feb 26, 2026Listed at $2,750 · 171 days on market since
1904Built · PACKWOOD

Reality check

What actually sold near 501 S MAGNOLIA AVENUE UNIT 1

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

609 W AZEELE STREETSold · Dec ’25

$1,250,000

609 W AZEELE STREET · same community

6 bd · 6 ba · 3,080 sqft · $406/sqft · 29 DOM

604 E DAVIS BOULEVARDSold · Jul ’26

$785,000

604 E DAVIS BOULEVARD

2 bd · 2 ba · 1,309 sqft · $600/sqft · 0 DOM

609 DANUBE AVENUESold · Nov ’25

$887,250

609 DANUBE AVENUE

3 bd · 2 ba · 1,346 sqft · $659/sqft · 78 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Erwin Vazquez

Your agent

Erwin Vazquez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 501 S MAGNOLIA AVENUE UNIT 1 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 501 S MAGNOLIA AVENUE UNIT 1 — before you fall in love.

See it in person

Schedule a tour

Live availability from Erwin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

501 S MAGNOLIA AVENUE UNIT 1 FAQs

What would the monthly payment be for 501 S MAGNOLIA AVENUE UNIT 1?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $178/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

Are pets allowed at 501 S MAGNOLIA AVENUE UNIT 1?+

The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Tampa?+

At $2,500, this home is listed about 99% below the Tampa median of $449,900. The market section on this page shows how the area is trending.

Which schools are assigned to 501 S MAGNOLIA AVENUE UNIT 1?+

Wilson Middle School (middle), Gorrie Elementary School (elementary), Patricia Sullivan Metropolitan Ministries Partnership School (elementary), Plant High School (high) — Hillsborough County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Under the TAMPA 33606 market on paper

$2,500 is 100% below the TAMPA 33606 median of $667,500, and at $2/sqft it sits under the Tampa average of $345.

02Move-in furnished

The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.

03Time on market is leverage

171 days on market against a Tampa median of 42 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Wilson Middle School, Gorrie Elementary School, Patricia Sullivan Metropolitan Ministries Partnership School, Plant High School — Wilson Middle School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $2,750, now $2,500 — a $250 cut. The full history is in the market section below.

Listing courtesy of EXP REALTY LLC · Adrian Petrila. MLS #TB8480779.

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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