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Real estate in Odessa

The sunshine state of Florida in the United States is rapidly becoming a favorite for domestic and international property buyers and investors. If you’re dreaming of owning an opulent home or a sun-drenched apartment in a picturesque location near mesmerizing beaches, Odessa should definitely be on your list for consideration. This enchanting town is located in the Tampa Bay area and is renowned for its sprawling lakefront properties and traditional Spanish-style villas, giving it the moniker "The Lakefront City." Before dialing up a local real estate agent, spend some time understanding the real estate market in this area, what kinds of properties are on the market in Odessa, and the average costs to purchase a vacation home in such an exceptional location. Odessa offers a vast array of properties, from modern condos with lake views to luxury single-family homes and estate properties, making it a versatile location for home buyers with varied preferences and budgets. Whether you’re looking for a sophisticated townhouse in a serene neighborhood or a country club estate by the water, Odessa, Florida, has a diversified real estate portfolio worth exploring.

Odessa properties: Market trends overview

Odessa's thriving real estate market has recently seen continued price appreciation, drawing the attention of overseas purchasers and investors, particularly from Canada, the UK, and European countries. Its appealing and relaxed suburban lifestyle, yet its easy access to the excitement and bustle of neighboring Tampa, has helped to boost the local property market. Odessa, being encircled by natural lakes and boasting of several golf clubs, offers the perfect blend of a slow-paced life with plenty of recreational activities to keep the residents engaged and active. Odessa, with its picturesque environ, ample green spaces, and an exceptional quality of life, continues to see significant infrastructural investments in recent years. The local authorities are focused on the township's development, offering an extensive range of property options for local citizens and international home buyers. The range varies from sleek and functional townhouses, apartments, modern-style villas, traditional ranch-style homes to luxurious penthouses. Property seekers can easily find homes for sale in Odessa, Florida, that suit every budget and lifestyle needs. With its allure of natural beauty and a welcoming community, Odessa, Florida, undoubtedly stands as an attractive destination for foreign and local home buyers alike.

Average price of a property for sale in Odessa

What would be the average cost to purchase a property in Odessa, Florida? Unfortunately, there isn't a definitive answer due to numerous factors at play, including the type of property, its proximity to natural attractions and downtown, access to facilities, and individual preferences (luxury features, size, ease of access, and others). Recent data highlights that the highest asking price for a property in Odessa was recorded as $318 per square foot. The priciest properties are located in the Eaglewood Estates neighbourhood of Odessa. Conversely, the most affordable properties, boasting an average price per square foot of $238, are found in the Keystone Park Colony area. The average listed price for a house in Odessa currently hovers around $692,560.

Types of properties can you find in Odessa

Odessa, Florida, real estate provides an array of property choices, ranging from modern apartments, opulent penthouses, luxurious lakefront estates, to typical American ranch-style homes. The most desirable property for purchase is situated in a secured residential community. There are 3-4 bedroom apartments available complete with expansive patios, along with 2-story homes. Each floor in these homes has its own entryway and features sizeable patios and an individual kitchen. Alternatively, you can choose a newly-built mansion poised in an exclusive location in Odessa, Florida, offering panoramic lake views, within walking distance to the water, offering an idyllic living situation.