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Luxury › Markets › Hillsborough › Tampa › Bel Mar Rev Island Unit
Hillsborough County · Pocket report

Bel Mar Rev Island Unit, Tampa

3 luxury homes closed in Bel Mar Rev Island Unit, Tampa over the last 6 months at a median $2.6M ($584 per square foot), taking a median 25 days to go under contract. Commands 27% more per square foot than Tampa.

Median closing
$2.6M
3 sales · 6 months
Per square foot
$584
median closed
Days to contract
25
median
For sale now
≤1
single-family
Months of supply
—
supply not verified
Sold vs original ask
95%
33% cut price first

If you are selling

Commands 27% more per square foot than Tampa

Bel Mar Rev Island Unit (Tampa) closes at $584/sf against $461/sf for luxury single-family across Tampa. A premium that size is paid for something specific — water, view, block, finish — and a listing that fails to make that case in its first three photographs gives it back.

Worth knowing

Only 3 closed sales in 6 months — no reliable benchmark

Bel Mar Rev Island Unit (Tampa) does not trade often enough for averages to carry weight. At this price point that is normal and it is exactly why portal estimates are worst here: with 3 comparable sales, the condition, the lot and the finish decide the number, not the median.

How to read this

Every figure above is an aggregate over closed sales in Bel Mar Rev Island Unit, Tampa in the 6 months through October 23, 2026, taken from licensed Stellar MLS data. Months of supply is the current number for sale divided by the recent monthly sales pace. "Sold vs original ask" compares the closing price to the price the home was FIRST listed at, which is where overpricing shows up — the final asking price has usually already absorbed the cuts. None of this is an appraisal or a valuation of any particular property.

Nearby luxury pockets

What the whole market has measured

Selling
33%

of $1M+ homes listed January 2024 to October 2025 didn’t sell within a year, counting private sales.

Selling
97% → 90%

of the first price: an offer in the first 30 days, then after.

Buying
40% vs 25%

of homes in flood zone AE vs zone X didn’t sell within a year (listed since 2024).

Investing
$327/sq ft

was the typical break-even building budget on 341 lots and teardowns that became $1M+ homes since 2024.

A private read on your property, before it goes on the market.

Where your home sits against the measured outcomes — its price band, size, flood zone, building age and the time comparable attempts took — and what I would do about it. Written by me, not generated.

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