Happy Wednesday!

The holiday season is quickly approaching. I wish you and your family a Happy Thanksgiving!

A 35-acre surf park, Peak Surf Park, has been announced for Pasco County, and Tampa Bay is about to receive a cutting-edge tool for precision surgery through the USF-TGH partnership!

We’re also taking a look at the comparison between selling FSBO and through an agent—you won’t believe how much you could be losing!

—Sean

🏄 Surf’s Up in Pasco: Peak Surf Park to Transform Tampa Bay

Driving the news: A massive surf park is on its way to Pasco County.

Peak Surf Park, the brainchild of Tony Miller, will anchor the entertainment scene within the Two Rivers community, a 6,000-acre development.

Scheduled to open in late 2027, this 35-acre destination will blend surf culture with resort-style amenities to deliver a unique experience.

Details:

• The park will feature a state-of-the-art Surf Lakes lagoon, producing waves for all skill levels.
  

• Attractions include sandy beaches, event spaces, dining, retail, and fitness facilities.
  

• Two Rivers will complement this with luxury residential areas, golf courses, and a private social club.

Why it matters: This project is set to transform Pasco County into a premier destination for adventure enthusiasts.

It combines outdoor recreation with community-centric spaces, providing a fresh outlet for locals and drawing visitors to the region.

The big picture: Surf parks like Peak are part of a growing trend of curated adventure hubs.

By merging entertainment, wellness, and hospitality, the park enhances Tampa Bay's appeal as a lifestyle destination.

By the numbers:

• $1.3 billion projected in business output over a decade.
  

• 700 jobs expected annually.
  

• $150 million in tax revenue anticipated within 10 years.

What’s next: A crowdfunding campaign is underway to finance pre-construction efforts, with opportunities for retail investors launching next year.

Construction is set to begin following a year-long entitlement process.

The bottom line: Peak Surf Park isn’t just a new attraction—it’s a community catalyst poised to boost Pasco County’s economy and lifestyle appeal.

🏡 7-Bed Luxury Home in GATED COMMUNITY for $999,900!

7 Beds | 5.5 Baths | 5,523 sqft

Live in a spacious home with soaring ceilings, dual master suites, and a gourmet kitchen featuring upgraded countertops and stainless steel appliances. Enjoy indoor-outdoor living with a spacious family room opening to a covered lanai with conservation views.

This home boasts a main floor owner's suite with dual walk-in closets and a luxurious bathroom. Upstairs, you'll find a bonus game room and additional bedrooms with en-suite baths.

Located in the prestigious K-Bar Ranch community with a pool, tennis courts, and playgrounds. Enjoy top-rated schools, shopping, and dining in New Tampa.

📍 19258 Briarbrook Dr, Tampa, FL 33647

🏥 USF & TGH Partner to Revolutionize Cancer Recovery in Florida

Driving the news: The University of South Florida (USF) and Tampa General Hospital (TGH) are collaborating with Medical Microinstruments, Inc. (MMI) to introduce a state-of-the-art surgical robotic system to Tampa Bay.

This technology, known as the Symani Surgical System, is the first of its kind in the Southeast United States and aims to enhance reconstructive oncology care.

Details:

• The Symani Surgical System facilitates microvascular and lymphatic repair with exceptional precision.
  

• USF and TGH join leading institutions such as Cleveland Clinic, NYU, and Cedars-Sinai in utilizing the technology.
  

• The partnership agreement was signed in Italy during a trade mission led by Florida Gov. Ron DeSantis.

Why it matters: This partnership positions Tampa Bay as a hub for advanced medical care, providing local patients access to groundbreaking cancer treatment options.

The initiative also underscores Florida’s commitment to improving health outcomes and fostering economic ties with international technology leaders.

The big picture: By integrating cutting-edge robotics into clinical practice, USF and TGH strengthen their role as leaders in academic medicine, bridging the gap between innovation and patient care.

What’s next: As the Symani system becomes operational, USF and TGH will likely lead training programs and conduct research to maximize its impact, benefiting patients statewide and beyond.

💸 What Most Home Sellers Get Wrong About Selling Their Homes

Driving the news: A survey from Clever Real Estate shows 46% of home sellers believe that selling their home on their own—For Sale by Owner (FSBO)—is the most profitable route.

But sellers who use real estate agents typically earn higher profits despite the fees.

Details:

• FSBO Perception: 46% of sellers think FSBO is the most profitable, and 51% view it as the least expensive option. However, 66% also find it the most challenging.
  

• Agent Preference: 77% of sellers use real estate agents for ease and speed; 76% say the cost is worth it.
  

• Actual FSBO Usage: The FSBO approach hit a record low of 6% as of 2024, according to the National Association of Realtors (NAR).
  

• Profit Reality: Sellers working with agents consistently net higher profits despite perceptions about costs.

Why it matters: Many homeowners miss opportunities to maximize profits due to misconceptions about the value of real estate agents.

Locally, this knowledge empowers sellers to make informed decisions and potentially boost their return on investment, ensuring stronger community wealth.

The big picture: FSBO comes with challenges, like marketing, negotiations, and legal complexities, which often outweigh the cost savings.

Missteps in FSBO transactions can lead to seller regrets; 38% of sellers who skipped agents believe they could have earned more.

By the numbers:

• 90% of sellers used agents in transactions from June 2023 to June 2024.
  

• 48% of surveyed sellers prioritize profit over convenience, making agent expertise critical.
  

• 27% of those selling to cash buyer companies regret the decision, citing low trust and perceived scams.

What’s next: Educating sellers about the tangible benefits of working with agents can reduce misconceptions.

Real estate professionals should spotlight their track records and share success stories to bridge the knowledge gap.

The bottom line: Working with a real estate agent is not just about convenience—it's about securing the best financial outcome while navigating a complex process with expert guidance.

📊 Our Current Local Market Data:

The Tampa and Pasco markets are still hot as fall approaches.

I am happy to help you create a real estate strategy that will allow you to navigate the current market.

If you ever have questions, don’t hesitate to ask.

If you’re curious how much your home could sell for now, then reply “What’s my home value” or you can get an estimated value here.

Or if you’re just curious about how the current market affects your situation & what’s going on in your specific neighborhood, just reply & ask.

📰 In Other News:

• Snowcat Ridge returns with Florida’s winter wonderland for holiday season
  

• Thanksgiving travel set to break records: Here’s what you need to know
  

• Tampa Thanksgiving Guide: pre-orders, pies to go, and restaurants open on Turkey Day

That’s all for today, I hope you have an amazing week!

If there’s ever anything you need:

• a custom market or home value report

• a home services list for a reliable contractor or services professional

• feedback or a professional opinion on a home project

Just let me know! We’re here to help with all your home needs.

Talk soon,

- Sean, and the Bello Home Team

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