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2507 W GRAY STREET, Tampa, FL, 33609

2beds
1baths
1,252sqft
$549,900
$439price/sqft
$4,644/moest. monthly cost
$185,760/yrincome needed

About This Home

Offering 5.99% interest rate!! Charming updated bungalow situated on a corner lot within one of Tampa's most sought-after school districts, featuring Mitchell Elementary, Wilson Middle, and Plant High School. Offering two bedrooms, one bathroom, and approximately 1,200 square feet of living space, this home underwent a complete renovation in 2021 that blended modern updates with its original bungalow charm. The interior was fully remodeled with wide-plank laminate flooring, period-appropriate trim work, new interior and exterior doors, fresh paint, and an open floor plan with high ceilings that create a bright and inviting living space. The updated kitchen overlooks the main living areas and features ample counter space (with space for counter seating), pull-out cabinet shelving, and a custom tiled backsplash. The bathroom has been thoughtfully updated with a custom tiled shower, dual sink vanity, and additional linen storage. The larger bedroom features French doors leading directly to the backyard, providing plenty of natural light and easy outdoor access. Major system improvements include central HVAC, upgraded electrical panel, fencing, landscaping, sod, paver driveway, and numerous other updates. A fully enclosed laundry and utility room is located at the rear of the home and leads to a covered back porch overlooking the fully fenced backyard. Additional storage includes a versatile utility room that could potentially be converted into a home office, game room, hobby space, or additional entertaining area. A separate shed provides convenient storage for tools and outdoor equipment. Conveniently located near Downtown Tampa, Hyde Park, SOHO, Midtown, major interstates, and area bridges, this home offers easy access to professional sports venues, universities, hospitals, parks, shopping, dining, and all that Tampa has to offer. Make your appointment for a private showing today!

Getting Around

83
WalkingVery Walkable
35
TransitSome Transit
66
BikeBikeable

Schools

9/10
9/10
Wilson Middle SchoolGrades 6-81.3 mi
8/10
Plant High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Crawlspace
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Inside,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),High Ceilings,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor
  • Flooring: Ceramic Tile,Laminate

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,926
  • Total interior livable area: 1,252 sqft

Kitchen

  • Level: First
  • Area: 169
  • Dimensions: 13x13

Living Room

  • Level: First
  • Area: 351
  • Dimensions: 13x27

Primary Bedroom

  • Features: Built-in Closet
  • Level: First
  • Area: 260
  • Dimensions: 20x13

Property

Details

  • Parcel number: A2229184IF00000900013.0
  • Zoning: RM-16
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch,Rear Porch
  • Exterior features: Irrigation System
  • Fencing: Vinyl

Lot

  • Lot size: 4,800 sqft
  • Features: Corner Lot,City Lot,Landscaped
  • Lot size dimensions: 50 x 96

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Tornado
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Hillsborough County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,780$33,360
Home Insurance *$664$7,968
Property Taxes $1,003$12,036
Electricity $197$2,366
Total$4,644$55,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$159,222/yr
40% on housing$139,320/yr
45% on housing$123,840/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$439This listing

vs Other Active Listings

Avg $/sqft

ZIP 33609$408
Hillsborough County$216

vs Homes Sold Last Month

Median $/sqft

ZIP 33609$398
Hillsborough County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$549,500
2026-07-30Price change$549,900
2026-07-09Price change$554,900
2026-06-30Price change$564,000
2026-06-23Price change$574,000
2026-06-18Listed for sale$579,000
2020-08-28Sold$249,000
2020-07-27Pending sale$259,000
2020-07-25Listed for sale$259,000

For Sale by Agent

AgentRandall Heffernan
BrokerageFRANK ALBERT REALTY

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