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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 waterfront Market Update 7-6-09

The last Broadwater waterfront home sale was one of our listings on 6-6-09 at a high for the year of $410,000. One waterfront home has gone to contract since then, a renovated 3 bedroom pool home with 2,338 sq ft – it has been on the market for over 100 days, but when the listing price dropped to $449,999 it went to contract. Four waterfront homes in Broadwater are currently under contract, with list prices ranging from $420,000 to $499,000.

The MLS shows 13 active listings, ranging from $414,900 to $1,250,000. There are other offerings from unrepresented sellers and signs on some homes whose listings expired long ago.

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Broadwater waterfront sales increasing in price

Broadwater waterfront home sold

Broadwater just had its 5th waterfront closing for 2009 – The Simms Team sold it in one day. Sharon listed the home and Rob brought the buyers. The $410,000 sale is a high for the year in Broadwater, topping an April sale of $405,000. The highest list price was $450,000. Home prices have been $125 to $224/sq ft. The highest list price of the 4 homes currently under contract is $499,000. Sharon’s sold over 100 homes in Broadwater over the last 18 years. The sellers we represented who closed in December at $590,000 are pretty happy (now, looking back) that they took our advice to accept the offer.

As for available waterfront homes in Broadwater,  there are 21 ranging from $414,900 to $1,250,000. Price per sq ft is $210 to $432.

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