Short answer: yes—absolutely. And we’re seeing it firsthand across Tampa Bay.
As local real estate professionals with over 40 years of combined experience, we’ve helped thousands of buyers and investors navigate shifting market trends. One of the most noticeable changes over the past few years is the growing demand for multigenerational homes. Whether it’s parents moving in with adult children, young families welcoming grandparents, or buyers planning ahead for long-term flexibility, multigenerational living is no longer the exception in Tampa—it’s becoming a smart, strategic choice.
Why Multigenerational Living Is Gaining Momentum in Tampa
Tampa is uniquely positioned for this trend. We’re a city that attracts retirees, growing families, remote workers, and investors all at once. Rising home prices, higher interest rates, and lifestyle shifts have encouraged buyers to think more creatively about how they use space—and who they share it with.
Many of our clients are motivated by cost efficiency. Pooling resources allows families to afford larger or better-located homes than they could on their own. Others are driven by care and convenience, especially families with aging parents who want independence but also proximity. And for investors, multigenerational properties often offer strong rental flexibility—think in-law suites, ADUs, or split floor plans that can adapt over time.
What Buyers Are Looking for in Multigenerational Homes
Today’s multigenerational buyers aren’t just looking for “extra bedrooms.” They want intentional design.
In Tampa, we’re seeing strong demand for:
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Homes with in-law suites, private entrances, or converted garages
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Dual primary bedrooms or split-bedroom floor plans
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One-story layouts that work for all ages
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Properties with space for future expansion or renovations
New construction builders have picked up on this trend, but resale homes—especially in established neighborhoods—are often where the best opportunities lie. With the right layout and a little vision, many traditional Tampa homes can be adapted beautifully for multigenerational living.
Which Tampa Areas Are Seeing the Most Demand?
From our experience, neighborhoods in New Tampa, Wesley Chapel, Riverview, Brandon, and parts of South Tampa are especially popular for multigenerational buyers. These areas offer larger lot sizes, newer builds, and easier access to healthcare, shopping, and major roadways.
We’re also seeing increased interest in suburban pockets with strong school districts, where families can plan for both current needs and future resale value. For investors, these areas tend to attract long-term tenants and families looking for stability—always a win.
Is This a Smart Long-Term Investment?
In our professional opinion—yes.
Multigenerational homes offer flexibility that traditional single-use properties often don’t. A space that works for a family today can become a rental suite tomorrow, a home office, or a guest retreat. That adaptability is incredibly valuable in a market like Tampa, where population growth and lifestyle shifts continue to shape housing demand.
From a resale standpoint, we’re already seeing buyers actively seek out homes with separate living areas. That tells us this isn’t just a short-term trend—it’s a structural shift in how people think about housing.
Our Advice as Tampa Real Estate Experts
If you’re a buyer, the key is planning ahead. Even if you don’t need a multigenerational setup today, purchasing a home that offers that potential can protect your investment and give you options down the road.
If you’re a seller, highlighting features like separate entrances, bonus rooms, or guest suites can significantly increase buyer interest—especially when marketed correctly.
And if you’re an investor, this is an area worth serious consideration. Homes that serve multiple living needs tend to attract broader buyer and tenant pools, which can mean stronger long-term returns.
At The Lewkowicz Group, our job isn’t just to help you buy or sell a home—it’s to help you make smart, future-focused real estate decisions. Multigenerational living is one of the most meaningful trends we’re seeing in Tampa today, and we expect it to continue shaping the market for years to come.
If you’re curious whether a multigenerational home makes sense for your goals, we’d love to talk through it with you.