What is the rental yield in North Oak Heights, Tampa, Florida?

The gross yield in North Oak Heights, Tampa, Florida is 6.8. That sits alongside prices about 13% below Tampa and 9% above Florida, with a 9.5 rise over the past year. The Red Flag score of 58 suggests a moderate overall risk level.

How have prices changed in North Oak Heights, Tampa, Florida over the past year?

Prices in North Oak Heights, Tampa, Florida rose 9.5 over the past year. The neighborhood is priced about 13% below Tampa and 9% above Florida, with gross yield of 6.8. The Red Flag score is 58, which keeps the risk profile in the middle range.

How does North Oak Heights, Tampa, Florida compare with Tampa and Florida?

North Oak Heights, Tampa, Florida is about 13% below Tampa and 9% above Florida on price. Gross yield is 6.8, walkability is 47, and education is in the 50th percentile. The Red Flag score of 58 is a notable risk factor to weigh against the yield.

Neighborhood

North Oak Heights

Tampa, Florida US

North Oak Heights, Tampa, Florida offers a mixed investment profile with gross yield of 6.8 and prices about 13% below Tampa but 9% above Florida. Over the past year, prices rose 9.5, which supports momentum, while a Red Flag score of 58 points to moderate risk. Walkability is 47 and education is in the 50th percentile, so the profile is balanced rather than extreme.

AI Summary•Updated May 2026

Area

1.21 mi²

ZIP Code

33610

County

Hillsborough County

State

Florida

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$321,904

YoY+9.5%

Gross Rental Yield

6.8%

Listed rent · ZORI annualized

Red Flag Index

Moderate

58 / 100

Walkability Score

Car-Dependent

OpenStreetMap POI density · national percentile

Education Score

50 / 100

Fair · better than 50% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Good

DistrictScore attractiveness · national model

North Oak Heights Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for North Oak Heights, Tampa.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$321,904	+9.5%
Price / Sq Ft (Verified)	$252/sqft	+12.4%
Asking Rent (Median)	$1,826/mo	-4.7%
Gross Rental Yield	6.8%	—
Liquidity Score	34 / 100	Moderate
Homes Sold (Period)	110	-16.7%

Is North Oak Heights Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Florida crime context.

Red Flag Breakdown

58 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Hurricane100Very High

Flood80Very High

Tornado80Very High

Hail80Very High

Heat40Moderate

Strong Wind40Moderate

Wildfire20Low

Earthquake20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Florida averaged 16.9 crimes and 2.7 violent per 1,000 residents (-4.5% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Above-average gross rental yield at 6.8%

Appreciating market — +9.5% sale-price YoY

Active transaction volume — 110 homes sold last period

Hurricane risk is Very High (100/100)

Flood risk is Very High (80/100)

Insights are generated from North Oak Heights's live DistrictScore metrics.

North Oak Heights Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Florida-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.1 µg/m³ Meets EPA, above WHO guideline+35.6% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the North Oak Heights centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 53% of U.S. neighborhoods.

Florida Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	16.9	2.7	-4.5%
2023	18.0	2.9	-2.3%
2022	19.0	2.9	+4.4%
2021	18.6	3.4	-13.5%
2020	21.5	3.8	-13.7%
2019	25.2	3.8	—

Reported at the state level — the finest official US crime aggregation; North Oak Heights inherits the Florida figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · North Oak Heights

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)2.0 kmHigh

Industrial odor2 nearbyVery High

Point-source screening near North Oak Heights: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in North Oak Heights

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

47

Car-Dependent

Walkability Score

4

Grocery

1

Dining

5

Schools

0

Universities

2

Hospitals

1

Pharmacies

7

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within North Oak Heights's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

North Oak Heights vs Tampa vs Florida

How North Oak Heights benchmarks against its city and state medians.

Benchmark vs City & State

Across North Oak Heights, the median sale price sits about 13% below the median for Tampa neighborhoods and about 8% above the statewide median. Gross rental yield is 6.8%, against 5.3% for Tampa neighborhoods and 6.2% statewide. Over the past 12 months, prices rose 9.5%. Transaction liquidity sits above the median for Tampa neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
North Oak Heights	$252/sqft	6.8%	34
Tampa	$290/sqft	5.3%	32
Florida	$232/sqft	6.2%	36

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Buying Property in the US as a Foreigner

Federal & Florida tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.76% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No state capital gains tax.

Transfer Tax

Real estate transfer tax: documentary stamp $0.70 per $100 ($0.60 in Miami-Dade).

Assessment Cap

Save Our Homes caps homestead assessment growth at 3%/CPI; reassessed to market value on sale.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents8

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Homestead Exemption

Homestead: up to $50,000 off taxable value, plus unlimited protection from most creditors.

Senior & Veteran Exemptions

Extra $50,000 senior exemption plus property-tax discounts for veterans.

Foreign buyers (non-residents)6

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Foreign Ownership Restrictions

SB 264 restricts buyers from 7 countries of concern (incl. China) from residential property near sensitive sites. Verify first.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Florida property-tax guidance for foreign buyers

Latest Tampa Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

North Oak Heights Real Estate FAQ

North Oak Heights, Tampa, Florida shows a mixed profile. Gross yield is 6.8, prices are about 13% below Tampa and 9% above Florida, and values rose 9.5 over the past year. The Red Flag score is 58, so the risk profile is moderate rather than low.

Neighborhoods near North Oak Heights

Compare North Oak Heights with nearby neighborhoods in Tampa.

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