Comparative
Market Analysis
7604 Antilla Street, Tampa, Florida 33625
New CMA
MARCH 26, 2023
Robert Gonzalez
Comparative Market Analysis 7604 Antilla Street, Tampa, Florida 33625
Map of Comparable Listings
STATUS: P = PENDING A = ACTIVE
MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE
1 Subject 7604 Antilla St - - - -
2 T3432934 P 3413 W SAN JUAN STREET 5 4.00 3,167 $1,750,000
3 U8187086 A 818 W VIRGINIA AVENUE 6 7.00 4,036 $1,999,999
4 U8195049 A 7604 ANTILLA STREET 3 4.00 2,551 $1,400,000
5 U8168703 A 7608 ANTILLA STREET 4 4.00 3,008 $1,350,000
6 U8194687 A 3702 W PLATT STREET 5 4.00 4,116 $1,595,000
7 A4543213 A 2524 COBALT SHORES LANE 5 5.00 3,092 $1,199,995
Robert Gonzalez
2
Comparative Market Analysis 7604 Antilla Street, Tampa, Florida 33625
Summary of Comparable Properties
P PENDING LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
3413 W SAN JUAN STREET - 5 4.00 3,167 $1,750,000 $553
Averages 3,167 $1,750,000 $553
A ACTIVE LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
818 W VIRGINIA AVENUE - 6 7.00 4,036 $1,999,999 $496
7604 ANTILLA STREET - 3 4.00 2,551 $1,400,000 $549
7608 ANTILLA STREET - 4 4.00 3,008 $1,350,000 $449
3702 W PLATT STREET - 5 4.00 4,116 $1,595,000 $388
2524 COBALT SHORES LANE - 5 5.00 3,092 $1,199,995 $388
Averages 3,360 $1,508,998 $454
Robert Gonzalez
3
Comparative Market Analysis 7604 Antilla Street, Tampa, Florida 33625
Comparable Properties
3413 W SAN JUAN STREET 818 W VIRGINIA AVENUE 7604 ANTILLA STREET
TAMPA, FL 33629 TAMPA, FL 33603 TAMPA, FL 33625
PENDING 3/17/23 ACTIVE 1/21/23 ACTIVE 3/24/23
Details
MLS # T3432934 MLS # U8187086 MLS # U8195049
List Price $1,750,000 List Price $1,999,999 List Price $1,400,000
Sold Price - Sold Price - Sold Price -
Adjusted Price - Adjusted Price - Adjusted Price -
Sold Date - Sold Date - Sold Date -
$/Sqft $553 $/Sqft $496 $/Sqft $549
DOM 8 DOM 62 DOM 1
Year Built 2023 Year Built 2024 Year Built 2022
Sqft 3,167 Sqft 4,036 Sqft 2,551
Lot Size (sqft) 5,000 Lot Size (sqft) 9,750 Lot Size (sqft) 5,460
Area 33629 - Tampa / Palma Ceia Area 33603 - Tampa / Seminole Heights Area 33625 - Tampa / Carrollwood
Taxes 4635.0 Taxes - Taxes 687.0
Beds 5 Beds 6 Beds 3
Baths 4.00 Baths 7.00 Baths 4.00
Garages 2 Garages 3 Garages 2
Acres 0.11 Acres 0.22 Acres 0.13
REALTY ADVISORS LLC TOP NOTCH ASSOCIATES FUTURE HOME REALTY INC
Robert Gonzalez
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Comparative Market Analysis 7604 Antilla Street, Tampa, Florida 33625
Comparable Properties
7608 ANTILLA STREET 3702 W PLATT STREET 2524 COBALT SHORES LANE
TAMPA, FL 33625 TAMPA, FL 33609 CLEARWATER, FL 33761
ACTIVE 7/12/22 ACTIVE 3/13/23 ACTIVE 7/23/22
Details
MLS # U8168703 MLS # U8194687 MLS # A4543213
List Price $1,350,000 List Price $1,595,000 List Price $1,199,995
Sold Price - Sold Price - Sold Price -
Adjusted Price - Adjusted Price - Adjusted Price -
Sold Date - Sold Date - Sold Date -
$/Sqft $449 $/Sqft $388 $/Sqft $388
DOM 212 DOM 3 DOM 239
Year Built 2021 Year Built 2020 Year Built 2022
Sqft 3,008 Sqft 4,116 Sqft 3,092
Lot Size (sqft) 5,460 Lot Size (sqft) 7,552 Lot Size (sqft) 13,440
Area 33625 - Tampa / Carrollwood Area 33609 - Tampa / Palma Ceia Area 33761 - Clearwater
Taxes 106.0 Taxes 13919.0 Taxes 1863.0
Beds 4 Beds 5 Beds 5
Baths 4.00 Baths 4.00 Baths 5.00
Garages 2 Garages 2 Garages 3
Acres 0.13 Acres 0.17 Acres 0.3
COLDWELL BANKER REALTY COLDWELL BANKER REALTY TAMPA TBI REALTY LLC
Robert Gonzalez
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Comparative Market Analysis 7604 Antilla Street, Tampa, Florida 33625
Comparable Property Statistics
P 1 Pending Listings
LOWEST AVERAGE HIGH
AVG PRICE / SQFT AVG DOM
$1,750,000 $1,750,000 $1,750,000 $553 8
A 5 Active Listings
LOWEST AVERAGE HIGH
AVG PRICE / SQFT AVG DOM
$1,199,995 $1,508,998 $1,999,999 $454 103
Robert Gonzalez
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Comparative Market Analysis 7604 Antilla Street, Tampa, Florida 33625
Online Valuation Analysis
How accurate are Zestimates?
6.3% $75,000
Zestimates varied up to 6.3% or $75,000 compared to actual MLS prices.
P 1 Pending
ADDRESS PRICE ZESTIMATE DIFFERENCE
3413 W SAN JUAN STREET $1,750,000 $1,721,399 -1.6%
A 5 Active
ADDRESS PRICE ZESTIMATE DIFFERENCE
818 W VIRGINIA AVENUE $1,999,999 $1,934,107 -3.3%
7604 ANTILLA STREET $1,400,000 - -
7608 ANTILLA STREET $1,350,000 - -
3702 W PLATT STREET $1,595,000 $1,549,428 -2.9%
2524 COBALT SHORES LANE $1,199,995 $1,124,995 -6.3%
Source: Zillow
Robert Gonzalez
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Comparative Market Analysis 7604 Antilla Street, Tampa, Florida 33625
Suggested List Price
Analysis of the comparable properties suggests a list price of:
$1,400,000
Comparable Averages per Status
P 1 Pending A 5 Active
$1,750,000 $553 / sqft $1,508,998 $454 / sqft
8 Days on Market $1,508,999 $454 / sqft
103 Days on Market
Disclaimer
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information
is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose
is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the
market.
Robert Gonzalez
8
Comparative Market Analysis 7604 Antilla Street, Tampa, Florida 33625
CMAs vs Appraisals
Establishing a home's market value is equally important to buyers, sellers, lenders and real estate professionals so that
listings can go on market and transactions can proceed quickly and efficiently.
A real estate professional may prepare a comparative market analysis (CMA) for their sellers to help them establish a
listing price. The CMA includes recently sold homes and homes for sale in the seller's neighborhood that are most similar
to the seller's home in appearance, features, and general price range.
Although the CMA is used to help determine current market value, it does not establish the seller's home value. The CMA
is merely a guide to help the seller learn what's happening in their local market, so they can better understand where their
home fits in term of an estimated listing price, based on location, features and condition.
Once the home is listed on the open market, a buyer makes an offer, which could be based in part on a CMA the buyer's
agent has prepared. CMAs can help buyers better understand the local market as well as sellers.
If the buyer is receiving financing through a bank, the bank will order an appraisal.
Unlike the CMA, a bank appraisal is a professional determination of a home's value. The appraisal is completed by a
licensed appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing
loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac.
An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a
home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the
handrail is installed or repaired.
Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are
also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank.
They will take into consideration - and can adjust values to reflect - the speed of the market and whether prices are rising
or falling.
When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain
items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending
guidelines, the bank will decline the loan.
Despite stricter lending and appraisal standards, most buyers' loan applications go through to closing - nearly 85 percent.
One reason for that is that real estate agents are preparing CMAs that are better tuned to lending standards, for sellers
and buyers to fully understand not only what the market is doing, but how much lenders are willing to finance.
Robert Gonzalez
