603 ARBOR LAKE LN, TAMPA, FL, 33602
Active71 days on marketListed Jun 2, 2026MLS #TB8511212
About this home
603 ARBOR LAKE LN
Rare opportunity to get into the desirable 24-HOUR GUARD-GATED COMMUNITY of Island Walk on exclusive waterfront HARBOUR ISLAND for under $450,000 - a price point that is increasingly hard to find in one of Tampa’s most walkable and convenient neighborhoods. This TOWNHOME-STYLE CONDO offers 2 BEDROOMS, 2 BATHROOMS, and a PRIVATE 1-CAR GARAGE with incredible potential for the next owner to make it their own. Whether you are looking for a primary residence, downtown Tampa retreat, or long-term investment, this home offers a rare chance to create value in a premier location. Set among mature trees and tucked inside one of Harbour Island’s most established communities, the property offers a peaceful, residential feel while still being just minutes from the energy of downtown Tampa. The second-floor living space is all on one level, with an open and functional floor plan that provides the perfect canvas for renovation, customization, and personal design. Unlike fully renovated units that command a premium, this home gives the next owner the opportunity to choose their own finishes, style, and upgrades - without paying for someone else’s design choices. Bring your vision and unlock the potential of this well-located Harbour Island residence. Island Walk residents enjoy RESORT-STYLE POOLS, hot tub, lighted tennis courts, a STATE-OF-THE-ART FITNESS CENTER, playground, clubhouse, 24-hour guarded entry, and beautifully maintained grounds. The HOA also covers water, sewer, concierge trash pickup, pest control, building insurance, and exterior/grounds maintenance, creating a truly LOW-MAINTENANCE LIFESTYLE. Prime location just steps from everything Tampa has to offer. Walk to the RIVERWALK, SPARKMAN WHARF, WATER STREET, AMALIE ARENA, Tampa General Hospital, USF Medical, and some of the city’s best restaurants, coffee shops, fitness studios, and entertainment. Quick access to Tampa International Airport, Bayshore Boulevard, Hyde Park, Channelside, and downtown Tampa. Pet friendly, secure, walkable, and full of upside. A rare chance to own in HARBOUR ISLAND at an approachable price point — and make the home exactly what you want it to be. SCHEDULE YOUR PRIVATE SHOWING TODAY.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,183
Sqft
0.01 ac
Lot size
1
Garage
1991
Year built
Two
Levels
$359
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,317 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,317/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. 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.
vs edgeAI estimate
−19.4%
$/sqft vs Tampa actives
$359 vs $299
Days on market
71 vs 44 typical
Where $359/sqft sits among the 400 Tampa actives
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 Tampa
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tampa. See the full Tampa guide →
TAMPA 33602 — neighborhood snapshot
Population
19,694
Median age
35.2
Median income
$88,569
Median home value
$560,400
Avg household
1.78
Households w/ children
1,289
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tampa market
$413K → $435K
Tampa median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
210 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 27% below the TAMPA 33602 median. See the full Tampa market guide →
Paper trail
This home's history
Reality check
What actually sold near 603 ARBOR LAKE LN
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$400,000
104 CHESAPEAKE AVENUE UNIT C6
2 bd · 2.5 ba · 1,192 sqft · $336/sqft · 2 DOM
Sold · Dec ’25$480,000
404 DANUBE AVENUE
2 bd · 1.5 ba · 1,192 sqft · $403/sqft · 182 DOM
Sold · Jul ’26$700,000
403 COLUMBIA DRIVE
2 bd · 1 ba · 1,194 sqft · $586/sqft · 0 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.
Your agent
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 603 ARBOR LAKE LN — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 603 ARBOR LAKE LN — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
603 ARBOR LAKE LN FAQs
What would the monthly payment be for 603 ARBOR LAKE LN?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,317/mo — principal and interest, the actual property-tax bill, the $836/mo association fee 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.
How much are the HOA fees at 603 ARBOR LAKE LN?+
The association fee works out to $836 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 603 ARBOR LAKE LN?+
The most recent tax bill on record (2025) was $7,579. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 603 ARBOR LAKE LN?+
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 $425,000, this home is listed about 6% below the Tampa median of $449,900. The market section on this page shows how the area is trending.
Which schools are assigned to 603 ARBOR LAKE LN?+
Gorrie Elementary School (elementary), Wilson Middle School (middle), 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
Four things that matter here
01Under the TAMPA 33602 market on paper
$425,000 is 27% below the TAMPA 33602 median of $580,000.
02Know the monthly fee
The association fee is $836/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
03Strong assigned schools
Gorrie Elementary School, Wilson Middle School, Patricia Sullivan Metropolitan Ministries Partnership School, Plant High School — Gorrie Elementary School rates 5 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $449,000, now $425,000 — a $24K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of SOUTH CEDAR REAL ESTATE, INC · Stefan Alvarez. MLS #TB8511212.
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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