Pinellas Beaches Real Estate: Recent Sales Reflect Market Trends
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Recent real estate transactions on Florida’s pinellas beaches, specifically between August 11 and August 15, reveal a dynamic market with sales spanning St. Pete Beach, Treasure Island, and Madeira Beach. These sales provide a snapshot of current property values and buyer activity in this highly sought-after coastal region. The data highlights a range of price points and property types,offering insights for both potential buyers and sellers.
St. Pete Beach Sales
Several properties changed hands on St. Pete Beach during the reporting period. A three-bedroom, two-and-a-half-bathroom home at 131 N. Tessier Dr.,built in 1982 and encompassing 1,748 square feet,sold for $1.85 million after initially listing at $1.9 million. Another transaction involved a three-bedroom, two-bathroom home at 6437 1st Palm Point, constructed in 1970 with 2,170 square feet, which sold for $725,000, down from a listing price of $785,000.
Smaller properties also saw activity.A two-bedroom, one-bathroom home at 421 77th Ave., built in 1952 and offering 942 square feet, sold for $512,000 after being listed at $550,000. Similarly,a three-bedroom,one-and-a-half-bathroom home at 507 79th Ave., built in 1950 with 1,134 square feet, sold for $335,000, slightly below its $349,000 listing price. A three-bedroom, one-bathroom home at 321 77th Ave., built in 1951 and spanning 768 square feet, sold for a significantly reduced $180,000, compared to its $265,000 listing. a one-bedroom, one-bathroom condo at 7050 Sunset Way, #26, built in 1969 and offering 595 square feet, sold for $202,500, down from a listing price of $214,900.
Did You Know? St.Pete Beach offers a unique blend of historic charm and modern amenities, making it a consistently popular destination for both residents and tourists.
Treasure Island Transactions
Treasure Island also experienced a number of sales. A two-bedroom,two-and-a-half-bathroom townhouse at 12550 Capri Circle N., #3, built in 1979 and encompassing 1,260 square feet, sold for $557,000 after listing at $597,250. A two-bedroom, two-bathroom condo at 12321 Sun Vista Court W., #52, built in 1987 with 920 square feet, sold for $399,000, matching its listing price.A two-bedroom, two-bathroom condo at 280 126th Ave., #106, built in 1968 and offering 1,005 square feet, sold for $300,000, down from a listing price of $315,000.
madeira Beach Sales
On Madeira beach, a two-bedroom, two-bathroom condo at 15000 Gulf Blvd., #901, built in 1981 and spanning 1,225 square feet, sold for $800,000, below its $875,000 listing price.
Pro Tip: When considering a property purchase in these beach communities, factor in potential rental income opportunities, as many properties are utilized as vacation rentals.
Are you considering investing in Pinellas County real estate? What factors are most important to you when choosing a beachside property?
| Location | Property Type | Bedrooms/Bathrooms | Square Footage | Listing Price | Sale Price |
|---|---|---|---|---|---|
| St. Pete Beach | Single-Family Home | 3/2.5 | 1,748 sq ft | $1,900,000 | $1,850,000 |
| treasure Island | Townhouse | 2/2.5 | 1,260 sq ft | $597,250 | $557,000 |
| Madeira Beach | Condo | 2/2 | 1,225 sq ft | $875,000 | $800,000 |
Understanding local market dynamics is crucial for making informed real estate decisions. according to the National Association of Realtors, coastal properties often experience different appreciation rates than inland areas [National Association of Realtors]. Furthermore, factors like flood insurance and potential storm damage should be carefully considered when investing in beachfront property [Federal Emergency Management Agency].
The Pinellas County real estate market has consistently demonstrated resilience, driven by its desirable climate, gorgeous beaches, and strong tourism industry. Long-term trends indicate continued demand for properties in these coastal communities, making them attractive investment opportunities. However, potential buyers should be aware of factors such as rising property taxes and homeowner’s insurance costs, which can impact affordability.Staying informed about local zoning regulations and advancement plans is also essential for making sound investment decisions.
Frequently Asked Questions About Pinellas Beaches Real Estate
- What is the average price of a condo in Treasure Island? The average price varies,but recent sales indicate a range between $300,000 and $875,000.
- Are there many opportunities for vacation rentals on St. Pete Beach? Yes, St.Pete Beach is a popular vacation destination, and many properties are utilized as short-term rentals.
- What should I consider when buying a beachfront property? Flood insurance, potential storm damage, and homeowner’s insurance costs are crucial considerations.
- How has the Pinellas County real estate market performed recently? The market has shown resilience with consistent demand, though prices can fluctuate based on property type and location.
- Where can I find more information about local zoning regulations? Contact the city hall for St. Pete Beach, Treasure Island, or Madeira Beach for detailed information.
We hope this overview of recent Pinellas beaches real estate sales provides valuable insights. Do you have any questions about the local market or are you considering buying or selling? We’d love to hear from you – please share your thoughts in the comments below or subscribe to our newsletter for more updates!
