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Home Affordability

Affordable Real Estate: Hidden Gems Available in Florida Under $400K

Mackenzie Scibetta by Mackenzie Scibetta
October 6, 2023
in Affordability, Florida, United States
Reading Time: 8 mins read
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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

Ashley Atkins Grogan, The Property Pros Real Estate
Ashley Atkins Grogan, The Property Pros Real Estate

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

Arium Real Estate, LLC
Arium Real Estate, LLC

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

hb realty
hb realty

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

re/max heritage professionals
re/max heritage professionals

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

barefoot realty group
barefoot realty group

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

lpt realty
lpt realty

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

exp realty llc
exp realty LLC

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.

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Mackenzie Scibetta

Mackenzie Scibetta

Mackenzie Scibetta is a seasoned Content Marketing Specialist at Zoocasa, where she brings her expertise to the world of real estate. As a dedicated real estate writer, Mackenzie's primary goal is to equip home buyers and sellers with the most up-to-date market insights, enabling them to navigate their real estate ventures with confidence. Mackenzie's writing is characterized by its depth and breadth, covering a wide range of topics related to the real estate industry. From exploring the intricacies of mortgages to meticulously tracking and analyzing trends in local markets across Canada and the U.S., Mackenzie is known for her comprehensive and data-driven reports. Her commitment to providing valuable information is evident in the consistent quality of her work. Mackenzie's research and insights have earned her recognition from prominent media outlets. Her expertise has been featured in BNN Bloomberg, CTV News, the National Post, The Globe and Mail, and even The New York Times. These accolades underscore her position as a trusted authority in the field of real estate.

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