Affordable Luxury in Tampa Bay

posted November 2007

The Florida Luxury real estate market is even more affordable now, especially after the price corrections of the past two years. Florida is one of the best places to retire in the United States, and the Tampa Bay Area offers an appealing combination of world-class amenities. Tampa Bay couldn't be more desirable, with its beautiful weather conditions year-round, an abundance of activities, and luxury living that is affordable compared with other areas in the nation.

The previously ever-increasing prices of the Florida waterfront real estate market are now back to levels seen in 2003 and 2004, creating a great opportunity for those who thought they "missed the boat." However, now, in the Florida beach real estate market, is hard not to notice the down-to-earth prices of Pinellas County. Statistics for luxury homes for the year of 2006 demonstrate the affordability and value of these Florida homes for sale.

Pinellas County, Florida, which includes St. Petersburg, Clearwater, various beach communities along the Gulf of Mexico, and many small municipalities, sold 15,386 properties in 2006 through the Multiple Listing System. 341 of those sales (2.2%) were properties over $1,000,000; 703 (4.6%) were over $750,000; and 1,622 (10.5%) were over $500,000; thus, 82.7% of the properties were sold below $500,000.

As you can see, prices are reasonable, and with so many homes for sale in Florida, the ability to negotiate a great deal is a reality, which, if not taken advantage of, may be regretted in the years to come. Please, have a look at some of the Florida Real estate listings and find your luxury home today! Whether you enjoy golfing, bicycling, boating, fishing, or taking dinning cruises, or simply like taking strolls on beautiful Gulf beaches while watching the sunset, Tampa Bay is the place for you! Combine all of this with perfect weather, tropical breezes, and the nation’s most popular attractions, and you have the perfect place to live.

With superb weather conditions year-round, some of the best golf courses in the United States, fantastic boating and fishing, and affordable luxury, it’s worth your time to consider making Tampa Bay your new home. Enjoy all of the benefits of a large metropolitan area combined with an easy-going, small town feeling. After all, is your life…so get the best value for your dollar without having to sacrifice the things of greatest importance to you!

 

Related links:

Overview of Florida's Real Estate Market

Best Places to Retire in the United States

It's a Buyers Market

Taking advantage of Foreclosures

Retiring in Florida

Facts About Tampa Bay

 

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