Pinellas โฃBeachesโฃ 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,โ reveal a dynamic market with sales spanning St. Pete Beach, Treasure Island, and Madeira โขBeach. These โคsales provide a snapshot of current property valuesโค and โขbuyer activity in this highly sought-after coastal region. The data โhighlights a rangeโ ofโค priceโ points and property types,offering insights for both potential buyers and sellers.
St. Pete Beach Sales
Several properties changed hands on St. โPeteโข Beach during the reporting period. Aโค three-bedroom, two-and-a-half-bathroom home at 131 N. Tessier Dr.,built in 1982 and encompassing 1,748 square feet,sold โฃfor $1.85 million after initially listing at $1.9 million. โAnother transaction โฃinvolved a three-bedroom, two-bathroom home at 6437 1st Palm Point,โฃ constructed โฃin 1970 with โ2,170 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 atโ 421 77th Ave., built in 1952 andโ offering 942 square feet, sold for $512,000 after being listed at โ$550,000. Similarly,a three-bedroom,one-and-a-half-bathroom home at 507 79thโ Ave., โฃbuilt in โ1950 with 1,134 square feet, โsold for $335,000, slightly below its $349,000 listing price. A three-bedroom, โone-bathroom home at 321 77th Ave., built in 1951 โand spanning 768 โขsquare feet, sold โfor a significantly reduced $180,000, compared to its $265,000 listing. a one-bedroom, one-bathroom condo at 7050 Sunset โคWay, #26,โ 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 โขBeach offersโข a uniqueโข blend of historic charm and modern amenities, making it a consistently popular destination โfor both residentsโฃ and tourists.
Treasure Island Transactions
Treasure Island also experienced a number of sales. A two-bedroom,two-and-a-half-bathroom townhouse at โค12550 Capri Circle N., #3, built in 1979 and encompassing โข1,260 square feet, soldโฃ for $557,000โค after listing โฃat $597,250. A two-bedroom, two-bathroom condo at 12321 Sunโ Vistaโข Court W.,โ #52, built in 1987 with 920 square feet,โฃ soldโข for โข$399,000, matchingโข its listing โprice.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, โคa two-bedroom, two-bathroom condo at 15000 Gulf Blvd., #901, built in 1981 and spanning 1,225 square feet, โsold for $800,000, below its $875,000 listing โprice.
Proโ Tip: When considering a property purchase โin these beach communities, factor in potential rental income opportunities,โค asโฃ many properties are utilized as vacation rentals.
Are you consideringโ 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 โขPrice | Sale Price |
|---|---|---|---|---|---|
| St. Pete Beach | Single-Family Home | 3/2.5 | 1,748โ 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 realโฃ estate decisions. according to the National Association of โRealtors, coastalโฃ properties often experienceโ different appreciation rates thanโ inland โคareas [National Association of Realtors]. Furthermore, factors like flood insurance and potential storm damage should โbe carefully considered whenโ investing in beachfront property [Federal Emergency Management Agency].
The Pinellas County real estate market has consistently demonstrated resilience, driven byโข its desirable climate, gorgeous beaches, โand strong tourism industry. Long-term trends โขindicate continued demandโ for properties in these coastal communities, making themโฃ attractive investment opportunities. However, potential buyers should be aware of factors suchโ as rising property taxes and homeowner’sโ insurance costs, which can impact affordability.Staying informed about local zoningโ regulations and advancement plansโ isโข also essentialโ for making sound investment decisions.
Frequentlyโ Asked Questions About Pinellas Beaches Real โฃEstate
- What is the average price of a condoโฃ in Treasure Island? The average price varies,but recent sales indicate โa range between $300,000 andโ $875,000.
- Are there manyโ opportunities forโ vacation rentals on St. Pete Beach? โคYes, St.Peteโค Beach is a popular vacation destination, and many โpropertiesโฃ are utilized as short-term rentals.
- What should I consider when buying a beachfront property? Flood insurance, potential storm damage, and homeowner’s insurance costsโค are crucial considerations.
- How has the Pinellas County real estate market performed recently? The market has shown resilience with consistent demand, โthough 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 Madeiraโข Beach for detailed information.
We hope this overviewโข ofโ recent Pinellas beaches real estate sales providesโข valuable insights. โข Do you have any questions โabout the local โmarket or are you consideringโ buying or selling? We’d love to hear from you – please share your thoughts in the comments below or subscribe to our newsletterโ for more โupdates!
