In the last few years, Florida has become one of the hottest places to live in the U.S., with retirees, remote workers and families flocking to the sunshine state during the pandemic. As a result, though, the state’s growing popularity has led to soaring home prices and increasing unaffordability. According to statistics from Florida Realtors, the average price of a single-family home in August 2023 for the state of Florida was $575,832. This is nearly $100,000 over the national average sales price for homes sold in Q2 according to the U.S. Census Bureau.
So does this mean those seeking affordable homes have to look outside of Florida? Not at all! There are plenty of affordable homes available right now in Florida for under both the national and state average sales prices. We’ve compiled a list of some of the most charming hidden gems for sale in Florida now for under $400,000.
1514 E 29th Avenue – Tampa, FL


Property details:
- 3 beds, 2 baths
- Detached
- Walking score 64/Transit score 43
Nestled in the heart of Tampa, this family home is equipped with essential appliances, a fully-owned security system, brand-new vinyl flooring, and new french sliding doors. The bungalow’s bright and cozy living room will greet you upon entering while the bedrooms are strategically located towards the back of the home.
View the listing here.
929 Turquoise Street Se – Palm Bay, FL


Property details:
- 4 beds, 2 baths
- Detached
- Walking score 4/Transit score N/A
This brand-new home features luxury upgrades such as wood-look tile floors, granite cabinets, a vaulted great room, and a floor-to-ceiling marble-tiled shower. Enjoy the outdoors on the home’s trussed porch or head to bayside lakes just minutes away.
View the listing here.
5010 2nd Avenue S – St. Petersburg, FL


Property details:
- 3 beds, 1 bath
- Detached
- Walking score 66/Transit score 49
Located just 30 minutes from downtown St. Petersburg, this beautiful home offers easy access to some of the best beaches and restaurants in Florida. The home was recently remodeled with a new roof, new windows, beautiful flooring, and freshly painted walls.
View the listing here.
309 Ruby Lake Loop – Winter Haven, FL


Property details:
- 3 beds, 2 baths
- Detached
- Walking score 43/Transit score N/A
With high vaulted ceilings and large windows, this home creates an elegant and bright environment throughout. The master suite offers an en-suite bath with a soothing garden tub, a walk-in shower, and dual vanities. The other 2 bedrooms are generously sized and have elegant crown moulding.
View the listing here.
6375 4th Avenue S – St. Petersburg FL


Property details:
- 2 beds, 1 bath
- Detached
- Walking score 70/Transit score 42
This 1950s bungalow is in a prime location in St. Petersburg close to beaches, Gulfport and the downtown. Relax in the screened lanai or in the large backyard area with an above-ground pool.
View the listing here.
806 E Hanna Avenue – Tampa, FL


Property details:
- 2 beds, 2 baths
- Detached
- Walking score 82/Transit score 41
Located in a convenient location in the heart of Tampa, this beautiful home has new laminate floors, new tile work, new baseboards and new interior paints. The kitchen features solid wood cabinets and granite countertops and the fenced backyard offers tons of privacy.
View the listing here.
2890 Detached Circle Se – Palm Bay, FL


Property details:
- 3 beds, 2 baths
- Detached
- Walking and Transit scores N/A
As you enter this charming 3-bed, 2-bath home you’ll be greeted by high ceilings, a spacious atmosphere, and a split floor plan. The open kitchen has stainless steel appliances and granite countertops, and the sizable backyard is ideal for entertaining.
View the listing here.
Need help navigating the Florida real estate market? Give us a call today to speak with one of our experienced real estate agents.