Clearwater Beach Florida - January 2012 Market Report

Clearwater Beach Florida - January 2012 Market Report

Well, the first month of 2012 is already behind us and on Clearwater Beach there was only ONE single family home that closed. That home was built in 1950 and was a 4 bedroom 3 bath 2299 sq ft home with a carport. The nice thing about these older homes is that they make excellent vacation rentals! You can walk to the beach and have all the conveniences of a home, including the ability to cook your meals! This home was listed for $349,900 and sold after being on the market for over a year for $294,500. Somebody got a great deal since Clearwater Beach is a relatively small island and there just isn't any more space to build!

When we turn our attention to townhomes, condos and villas we find that there were 7 closings during January 2012. The condo at Grand on Sand Key (which is part of Clearwater Beach even though it is over the bridge and on Sand Key) is a 1952 sq ft 3 bedroom 2.5 bath condo directly on the beach that was listed for $825,000. This one sold for $790,000 and it was an ALL CASH deal!

The least expensive of these 7 closings was a bank owned condo in Dolphin Cove on Island Estates. This 2 bedroom 1 bath condo has 895 sq ft. Listed at $124,900 it sold for $125,000.

All predictions are that 2012 is going to be a fantastic year for real estate down here in the Sunshine State. If you are in the market, I sure wouldn't wait!