407 S Albany Avenue Unit 2New Construction Home in Tampa, FL
Tampa, FL 33606 · Hillsborough County
$1,084,000
$1,199,000
$407/sq ft
Photos of 407 S Albany Avenue Unit 2
1 / 30About this home
Qualified buyers are eligible for a lender credit of up to $5,000 through Goodwin Mortgage Group. Credit amount and eligibility are subject to borrower qualification, loan program, loan amount, and lender terms. NO FLOOD ZONE! PRIME location! Introducing a rare opportunity to own a move-in ready new construction residence in the heart of South Tampa’s highly sought-after SOHO district. This boutique community features just six homes, with Units 1, 2, 4, and 5 currently available. This interior unit offers a thoughtfully designed townhome layout with a low-maintenance lifestyle and well-appointed living spaces throughout. Upon entry, you’re welcomed by a private first-floor guest bedroom with an en-suite bath and direct access to a covered patio and fenced green space, ideal for guests, a home office, or a quiet retreat. The second level showcases a bright, open-concept layout seamlessly connecting the living, dining, and kitchen areas, with large windows bringing in natural light, complemented by light wood flooring and elevated finishes. A stylish half bath and covered balcony make this level perfect for entertaining. The kitchen is both functional and beautifully designed, featuring stone countertops, a tile backsplash, bronze hardware, stainless steel appliances, ample cabinetry, and a spacious walk-in pantry. The third level offers a well-planned layout with a generous laundry room, an additional guest suite with a private bath, and a luxurious primary suite filled with natural light, complete with dual walk-in closets and a spa-inspired bathroom featuring a double vanity, soaking tub, and an oversized walk-in shower. Additional highlights include a two-car garage and a private driveway. Located just steps from South Howard Avenue’s vibrant dining and nightlife, and only minutes to Hyde Park, Bayshore Boulevard, and Downtown Tampa, this home offers the perfect blend of convenience and elevated living. Schedule your private showing today.
Home details and costs
- MLS number
- TB8498322
- Property type
- Townhouse
- Build stage
- Move-In Ready
- Heated square feet
- 2,661 sq ft
- Total under roof
- 2,661 sq ft
- Stories
- 2 Story
- Subdivision
- Albany Walk Townhomes
- HOA fee
- $250/mo
- Annual property tax
- $2,040 (current assessment)
- Days on market
- 51 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$8,641
$108,400 down (10%) on a $975,600 loan
- Principal and interest
- $6,166
- Property tax (estimated)
- $1,551
- Homeowners insurance
- $267
- HOA
- $250
- PMI (under 20% down)
- $407
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $2,040 a year, while taxing this purchase price works out closer to $18,612. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
This listing shows real leverage signals. Here is what its own numbers say.
On the market 51 daysContext
Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.
Reduced $115,000 (10%)Strong signal
Originally listed at $1,199,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.
Finished and standingWorth knowing
A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Assigned schools
- Elementary
- Mitchell-HB
- Middle
- Wilson-HB
- High
- Plant-HB
School assignments come from the MLS and change. Confirm directly with the district before relying on them.
Virtual tour
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Listed by Keller Williams Tampa Central. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 407 S Albany Avenue Unit 2, Tampa, FL 33606 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.