FLORIDA – Tampa Bay condos, townhomes that became rentals reconverting to condos
”That’s gonna go straight through, right back to the family room,” Carol Ackerman instructs a mover wrestling an armchair through the door.
Over the next three days Ackerman, who stages homes for sale, will work with Toni Donadio, a Back Bay sales assistant, to transform this vacant house into a tastefully decorated showplace they hope people will be itching to buy.
The ultimate goal: Make Back Bay a community of 55 individually owned homes instead of the rental project it was forced to become after the housing market crash.
With the market again perking up, Back Bay is part of a trend of converting, or in some case reconverting, rentals. Leading the way is New York City, where hundreds of rental apartments have gone condo as prices skyrocket. Read more: