Condo Hotels, New luxury condominiums, homes and duplexes are being put up where old hotels and run
down properties once existed.
Madeira Bay is adding hundreds of units in the Madeira Beach Area, The Redington Shores Yacht Club will
soon break ground in Redington Shores. Multi Million dollar renovations are happening at The Beach
Cottage Condo in Indian Shores and the downtown area of Clearwater Beach will be practically brand new in
the coming years as luxury hotels and condominiums are added to the beach including the BeachWalk in
Clearwater, Florida.
Prices have increased dramatically in the barrier islands over the last few years, like much of Florida. However, the market has been retreating recently.
Its a buyer's market so get in now if you can.
Here are a few resources to assist you in evaluating our local market:
http://www.gulfcoastcondoreport.com/
http://www.michaelkmorris.com
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Being surrounded by water - an amenity that's hard to come by in most downtowns - gives Tampa
Downtown a distinct advantage over the average urban residential area. That, and a lightning-quick
commute, are the main reasons people are clamoring for downtown housing. Developers are responding in
kind. Here's a forecast for the Channelside District.
The Channelside District is evolving from what was once industrial to luxurious upscale residential lifestyle.
Low-rise, hi-rise, shopping, entertainment, and restaurants you would expect from a brand new urban
development.
There are several 5-Star condominium projects proposed or underconstruction in Downtown Tampa and
Channelside district. Price ranges from $250K and up. Retail spaces with these condo projects will also be
available for lease or sale.