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Move-In ReadyNew Construction

1505 W Grace StreetNew Construction Home in Tampa, FL

Tampa, FL 33607 · Hillsborough County

$1,349,900

$420/sq ft

5 Beds4 Baths3,211 sq ft2-Car GarageBuilt 2026

Photos of 1505 W Grace Street

1505 W Grace Street, Tampa, photo 1 of 301 / 30

About this home

Stunning new-construction home offering modern luxury, thoughtful design, and exceptional attention to detail in the heart of Tampa. This two-story residence features 5 bedrooms and 3.5 bathrooms, including a private en-suite bedroom downstairs and four additional bedrooms upstairs. The gorgeous modern kitchen showcases an extra-large island, contemporary fixtures, and KitchenAid stainless steel appliances, while the open living area features a beautiful wine cellar—perfect for wine enthusiasts and entertaining. Luxury waterproof vinyl flooring runs throughout the home, complemented by high-quality finishes and carefully selected details. The two-car garage features an impact-rated garage door and epoxy flooring. Impact-resistant windows and sliding doors throughout provide added protection and peace of mind. Upstairs, the front balcony offers a gorgeous view of the Downtown Tampa skyline. Modern, elegant, and designed for comfortable living, this exceptional new home is ready to impress.

Home details and costs

MLS number
TB8547652
Property type
Single Family Residence
Build stage
Move-In Ready
Heated square feet
3,211 sq ft
Total under roof
4,182 sq ft
Stories
2 Story
Lot size
0.11 acres
Subdivision
Collins Philip 2nd Add
HOA fee
No HOA
Annual property tax
$3,528 (current assessment)
Days on market
25 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

$10,402

$134,990 down (10%) on a $1,214,910 loan

Principal and interest
$7,679
Property tax (estimated)
$1,950
Homeowners insurance
$267
PMI (under 20% down)
$506

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 $3,528 a year, while taxing this purchase price works out closer to $23,398. 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 home

What is negotiable on this home?

Here is what this listing's numbers say about the builder's position.

  • On the market 25 daysContext

    Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.

  • 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.

Ask Barrett what this builder will move on

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Other new construction homes in Tampa

Listed by Duo Realty Llc. 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. 1505 W Grace Street, Tampa, FL 33607 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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