The ugliest house on the best street is the best deal on the street.
September 9, 2026 · from the county record, published agendas, SEC filings and licensed MLS aggregates
In Tampa 33629, Tampa 33611, Tampa 33609, the county appraiser has quietly stopped counting the house: on 765 lots in Tampa 33629 alone, the land is at least 70% of the value. Builders read those rolls the way other people read menus. Mobley Homes paid a median $730,000 for 8 South Tampa lots this year, and one Pinellas lot went from $325,000 to a $1,595,000 sale in 425 days. If you own the tired ranch on the pretty street, congratulations: you own a lot with a price on it, and the price is not the one in the mailer. Five examples from the deed record.
Five examples
- 4109 W Tacon St, Tampa 33629
A custom builder’s price for the dirt on this street; the house on it was a demolition cost.
- 113 Huron Ave, Tampa 33606
A custom builder’s price for the dirt on this street; the house on it was a demolition cost.
- 1425 48th Ave N, St Petersburg 33703
A true teardown: the lot was bought at land value and the new house set the price, per the recorded deeds.
- 3012 W Helen Ave, Tampa 33611
A true teardown: the lot was bought at land value and the new house set the price, per the recorded deeds.
- 3019 W Ballast Point Blvd, Tampa 33611
A true teardown: the lot was bought at land value and the new house set the price, per the recorded deeds.
Examples are public records: county appraiser parcels, recorded deeds, published agendas, SEC filings. No listing, photo or valuation of a specific home.
Five more answers
Which Tampa Bay neighborhoods have the most teardown lots?
Tampa 33629 (1,830), Tampa 33611 (518), Tampa 33609 (568), St Petersburg 33704 (3,183), Tampa 33606 (909): pre-1980 homes assessed at $400k+ where the land is nearly all of the value.
What do builders pay for a teardown lot in South Tampa?
Mobley Homes: median $730,000 across 8 recorded lot purchases in the last year, $525,000 to $800,000.
How much does a teardown resell for after the rebuild?
Pinellas: median basis $475,000, resale $1,585,000, 3.53× in about 414 days; Hillsborough: median basis $625,000, resale $1,200,000, 2.38× in about 412 days.
How do I know if my house is a teardown?
Look at the county appraiser’s split of your assessed value. At 70% land, builders are already looking; at 90% or more, the market treats the house as a demolition cost.
Should I sell my lot to a builder now?
Get two builder offers and compare both to the recorded lot prices on your street before signing anything, especially an option contract. Send the address and I will pull them.
Sources: County Property Appraiser parcel rolls and recorded sales · Recorded deeds (repeat buyers, builders) · Stellar MLS closed sales (ZIP aggregates, under license). Homes for sale that fit this play: Proven.