4506 W Melrose AvenueNew Construction Home in Tampa, FL
Tampa, FL 33629 · Hillsborough County
$2,599,000
$2,650,000
$512/sq ft
Photos of 4506 W Melrose Avenue
1 / 3Who is building this home?
This home is listed as built by Homes By Westbay, floor plan Granada A. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
Under Construction. Experience refined luxury in this stunning Granada A residence by Homes by WestBay, offering an impressive 5,072 square feet of thoughtfully designed living space in the heart of South Tampa. Blending sophisticated design with modern functionality, this exceptional home features 5 spacious bedrooms, 4 beautifully appointed bathrooms, and elevated finishes throughout. Designed for both everyday comfort and effortless entertaining, the gourmet kitchen is complemented by a separate scullery kitchen, providing additional prep space, storage, and seamless hosting capabilities. The expansive oversized bonus room offers endless possibilities — perfect for a media room, game room, home gym, or private retreat. The luxurious owner’s suite is a true sanctuary, showcasing a spa-inspired master bath with premium finishes and an oversized walk-in closet designed to impress. From its grand open-concept layout to its carefully curated details, this home delivers the perfect balance of elegance and practicality in one of Tampa’s most sought-after locations. Enjoy close proximity to premier dining, shopping, top-rated schools, downtown Tampa, and the vibrant South Tampa lifestyle. A rare opportunity to own a statement home where luxury, comfort, and location come together beautifully. Estimated completion is December 2026
Home details and costs
- MLS number
- TB8509268
- Property type
- Single Family Residence
- Build stage
- Under Construction
- Builder
- Homes By Westbay
- Floor plan
- Granada A
- Heated square feet
- 5,072 sq ft
- Total under roof
- 6,394 sq ft
- Stories
- 2 Story
- Lot size
- 0.21 acres
- Subdivision
- West Shore Place
- HOA fee
- No HOA
- Annual property tax
- $3,795 (current assessment)
- Days on market
- 164 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
$19,849
$259,900 down (10%) on a $2,339,100 loan
- Principal and interest
- $14,785
- Property tax (estimated)
- $3,824
- Homeowners insurance
- $267
- PMI (under 20% down)
- $975
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 $3,795 a year, while taxing this purchase price works out closer to $45,882. 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?
Here is what this listing's numbers say about the builder's position.
On the market 164 daysWorth knowing
Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.
Reduced $51,000 (2%)Worth knowing
Originally listed at $2,650,000. 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.
Still under constructionContext
The builder has money in the ground but no finished house to carry, so there is less pressure than on standing inventory. The upside is that some finish selections are usually still open.
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.
Other new construction homes in Tampa
Under Construction2% off27$2,649,000
$522/sq ft$2,690,000 ↓ $41,000
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Listed by Homes By Westbay Realty. 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. 4506 W Melrose Avenue, Tampa, FL 33629 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.