Tampa Bay landlords defer the federal gain (no Florida income tax) and move into passive DST income.
The typical Tampa home is worth about $376,000 (-4.2% over the past year, per Zillow's home value index). For owners of appreciated Tampa investment property, a sale can trigger a large tax bill — which a 1031 exchange into a Delaware Statutory Trust can defer while moving you out of active management.
Tampa market snapshot
Home value & YoY: Zillow Home Value Index, 2026. Cap-rate range approximate — verify for your asset and submarket.
The tax on a Tampa sale
Florida has no state income tax, so a Tampa sale is taxed only federally — 20% long-term capital gains plus the 3.8% net investment income tax, about 23.8% of the gain. A 1031 exchange into a DST defers all of it.
See the full Florida 1031 rules, tax math, and state-specific reporting →
Baker 1031 near Tampa
Realized programs on Tampa-area property. Sponsor-reported, net-to-investor, not independently verified; past performance ≠ future results.
| Program | Sponsor | Avg annual | Equity × | Hold |
|---|---|---|---|---|
| CSRA Bridgeview Apartments, DST | Capital Square | 13.49% | 1.72x | 4.8 yr |
| CSRA Candleglow Apartments, DST | Capital Square | 21.31% | 2.53x | 5.3 yr |
| Boot Ranch Apartment | Syndicated Equities | 14.47% | 1.79x | 4.31 yr |
Tampa FAQ
What's the typical home value in Tampa?
The typical Tampa home value is about $376,000 (-4.2% year-over-year, per Zillow's home value index, 2026). Owners of appreciated Tampa rental or investment property often use a 1031 exchange into a DST to defer tax and move to passive ownership.
Do Tampa sellers owe state tax on a gain?
No. Florida has no state income tax, so a Tampa property sale is taxed only federally — up to 23.8% on the gain — which a 1031 exchange can defer.
Does a DST have to be located in Tampa?
No. A DST doesn't have to hold Tampa (or even Florida) property — you can exchange your Tampa sale proceeds into vetted DST offerings anywhere in the country. We match the replacement to your goals, not your ZIP code.
Disclosures
This page is educational and is not investment, tax, or legal advice, or an offer to sell or a solicitation to buy any security. Home-value data is from Zillow's home value index (2026) and cap-rate ranges are approximate — verify current figures. State tax rules are summarized; confirm with your CPA and attorney. For accredited investors only. Representatives may transact business only in states where registered or exempt. Securities offered through Aurora Securities, Inc., member FINRA/SIPC; Baker 1031 Investments, LLC is independent of Aurora. Past performance does not guarantee future results.