Cherry Creek real estate
Cherry Creek, Tampa: A Hidden Gem of Convenience and Charm
Relevé’s Insights
“Tucked between Carrollwood and Citrus Park, Cherry Creek offers one of Tampa’s best-kept secrets – an affordable, centrally-located neighborhood with surprising character. This 1970s-1980s community attracts first-time buyers, downsizers, and investors with its large lots, mature landscaping, and unbeatable access to Tampa’s best amenities. With home prices still below area averages and a quiet, neighborly atmosphere, Cherry Creek delivers exceptional value in today’s competitive market.”
Neighborhood Overview
Cherry Creek is a value-driven residential community known for:
✔ Median Home Price: $350,000 – $500,000 (30% below Carrollwood averages)
✔ Home Styles: 1970s-1990s ranch & split-level homes (1,500 – 2,800 sq ft) with renovation potential
✔ Lot Sizes: 0.25 – 0.5 acres – some of Tampa’s largest lots at this price point
✔ Top-Rated Schools: Citrus Park Elementary (A), Sergeant Smith Middle, Sickles High (A-)
✔ Community Features: No HOA, wide streets, mature oaks, and quick highway access
✔ Ideal For: First-time buyers, rental investors, and value-conscious families
Lifestyle & Amenities
🌳 Local Favorites
Cherry Creek Park: Neighborhood anchor with playgrounds and sports fields
Veterans Expressway: 2-minute access for easy commuting
Hidden Lake: Community fishing spot with dock access
🛍️ Shopping & Dining
5 minutes to Citrus Park Mall (Tampa’s largest indoor mall)
3 minutes to Gunn Highway grocery corridor (Publix, Walmart, Aldi)
15+ local restaurants within 2 miles (including beloved Cherry Creek Cafe)
🏫 School Options
Public: Citrus Park Elementary (A-rated STEM programs)
Charter: Learning Gate Community (K-8 environmental focus)
Private: Keystone Prep nearby
2025 Market Insights
🏡 Current Trends
Median Price: $375,000 (up 12% YoY)
Rental Potential: $2,100-$2,600/month for 3/2 homes
Hot Ticket: Renovated homes sell in <15 days
Development Alert: New townhome community approved nearby
📈 Why Investors Love Cherry Creek
8-10% annual appreciation (outpacing Tampa average)
Low maintenance costs (no HOA, concrete block construction)
Strong rental demand from airport and Westshore workers
💡 Neighborhood Secrets
Best Blocks: Properties north of Cherry Creek Dr have largest lots
Hidden Value: Many homes have unseen backyard expansion potential
Future Growth: Planned road improvements will enhance connectivity
Why We’re Cherry Creek Experts
With 19 closed transactions here since 2022, we offer:
✅ Pre-market access to estate sales and off-market deals
✅ Renovation cost guides for the neighborhood’s common home styles
✅ Rental investment analysis for buyer-investors
Your Cherry Creek Advantage
For buyers/sellers:
→ Value Finder Report: Identify undervalued properties with upside
→ Fix-Up Consultation: Which upgrades actually matter here
→ Neighbor Network: Meet long-time residents before you buy
Final Thought: Cherry Creek proves you don’t need a luxury budget to get great Tampa living. With its big yards, convenient location, and friendly vibe, this neighborhood offers the single best value in Northwest Tampa right now.
