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St Petersburg Waterfront Neighborhoods: Broadwater Market Update

 A popular waterfront neighborhood in St Petersburg is Broadwater, located in southwest St Petersburg on Boca Ciega Bay, west of I-275 and north of the Maximo Marina Channel. Most of the homes are on sailboat water. Broadwater residents like the convenient location, 15 minutes from downtown St Petersburg and 15 minutes from the beaches. They also like the boating location: getting from Broadwater to the Gulf of Mexico is easy and fast and there are dozens of restaurants nearby where you can dock your boat.

Broadwater Market Update for January 2012:

Five Broadwater waterfront homes were on the market at the end of January, ranging in price from $475,000 to $3,500,000. Three Broadwater waterfront homes sold (closed) during the month of January, ranging from $300,000 to $380,000.

Two waterfront homes in Maximo Moorings, south of the Maximo Channel, are on the market, ranging in price from $490,000 to 495,000.

For more information on

  • Waterfront homes for sale
  • Waterfront homes that sold recently
  • Buying a waterfront home
  • Selling a waterfront home

please call 727-898-2582 or email The Simms Team at ALVA International, Inc.



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Broadwater has new street signs

Click to enlarge Broadwater street sign

Broadwater has been getting new street signs lately. Nice black posts (matching stop signs) have the Broadwater logo identifying the neighborhood – notice the sailboat logo representing the majority of homes here that are on sailboat water.

Our street, 48th Ave S., is the longest street in the neighborhood and also the one many people don’t know is there (and can’t find when they’re searching for an address. Because of the marina and the canals, it’s one of those “you can’t get there from here” streets. You have to turn on 46th Ave S, then turn south on 38th St S which turn turns a right angle and becomes 48th Ave S. It’s nice to have a custom street sign that indicates how to get there.

The neighborhood residents donated hours of community work to provide a matching portion for the grant from the City of St. Petersburg for the new signs.

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3 Broadwater Waterfront Homes reduce prices

Broadwater homes on the water had three price reductions this week, ranging from $17,000 to $140,000 – yes, $140,000.
3 bedroom pool home reduced from $544,900 to $528,000
3 bedroom pool home reduced from $669,900 to $529,000
3 bedroom pool home reduced from $815,000 to $789,000

Obviously there’s a difference in size, waterfront location and upgrades. There are currently 20 waterfront homes in Broadwater for sale. Most are on canals, suitable for sailboats as well as powerboats, and 3 are on open Boca Ciega Bay with views across to St. Pete Beach. There’s only one bridge between Broadwater and the Gulf of Mexico, and that’s a drawbridge. Home prices currently range from $528,000 to $1,500,000 for these waterfront homes in southwest St. Petersburg, Florida.

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