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Waterfront homes come in a range of prices, with some real buys right now

Times Correspondent

Waterfront property is everyone's dream. And, believe it or not, it's not out of reach — at least not all of it. • While a house on the Gulf of Mexico may be only for the seven-figure rich, there are many other bodies of water to live on — bays, lakes, rivers and even ponds — in every price range.

The smaller the body of water, the lower the price of the houses around it — usually. Inland harbors attract owners of yachts and big sailboats who want some protection for their boats.

David and Jane Anne Knowlton are two of the lucky ones. They live in one of the original houses on Snell Isle Harbor in St. Petersburg. The 5,779-square-foot Frank Lloyd Wright-inspired estate at 411 Cordova Blvd. NE is David Knowlton's family home. He lived in it when he was 12. It's on the market for $3.3 million.

"There's something soothing about being on the water," he said, looking out over the deep sailboat waters behind the home. "There's only so much waterfront property. You can't replace it."

Alona Dishy, a top seller of high-end waterfront properties with Realty Executives in St. Petersburg, said now is the time to buy. "Prices are well below what they were five years ago," she said. "There's a scarcity of waterfront properties, especially in the high end."

Waterfront sales are also brisk in Tampa, said Jeanne Wolfe, a broker with Smith & Associates who sells many of the waterfront homes available on Davis Islands.

"The Hillsborough and Pinellas areas are fortunate and relatively unique. Waterfront homes situated in an urban environment are a scarce commodity. We are blessed with lovely neighborhoods with water access; many large metropolitan areas located on the water do not have individual homes directly on the water," Wolfe said.

She said that even though the demand is always there, short sales and foreclosures have made the Hillsborough waterfront more affordable than ever.

There are deals in Manatee County, too. A buyer looking on Longboat Key can find everything from a turnkey villa on a deepwater marina for $179,000 to a beachfront estate for $11.5 million.

What your money will buy on the water

These examples are for single-family homes only.
Condominiums on the water are available for less than $100,000 up to the millions.


$109,900 — 4322 22nd Ave. N,
St. Petersburg
2 bedrooms, 2 baths, 1,344 square feet on Lake Louise.

$130,000 — 11035 Huron Road,
3 bedrooms, 2 baths, 1,332 square feet on a small pond (approved short sale)

$169,877 — 2129 Keene Road N,
3 bedrooms, 2 baths, 1,736 square feet with pool on Spring Lake

$164,900 — 1901 58th Circle S,
St. Petersburg
3 bedrooms, 2 baths, 1,570 square feet with pool on a small lake in Arlington Park

$199,000 — 3012 Grandview Ave.,
3 bedrooms, 3 baths, 2,024 square feet on Lake Louise


$226,000 — 320 Tallahassee Drive NE,
St. Petersburg
4 bedrooms, 3 baths, 1,613 square feet on a canal in Weedon Island Preserve

$240,000 — 525 E Park Drive, Largo
3 bedrooms, 2 baths, 1,837 square feet on Keene Lake

$244,000 — 5018 Gilbert Ave., Tampa
3 bedrooms, 2 baths, 1,396 square feet on a canal in Bay Crest

$295,000 — 15306 Harbor Drive,
Madeira Beach
3 bedrooms, 2 baths, 1,628 square feet on the Intracoastal, 2 blocks from the Gulf of Mexico

$300,000 — 822 Eagle Lane, Apollo Beach
3 bedrooms, 2 baths, 2,124 square feet on a canal


$309,000 — 3039 Manatee Ave., Ruskin
3 bedrooms, 2 baths, 1,636 square feet on two lots on the Little Manatee River

$310,000 — 4906 14th Ave. E, Bradenton
4 bedrooms, 3 baths, 2,073 square feet on the Braden River with direct access to the gulf

$315,000 — 5165 Lake Valencia Blvd. W, Palm Harbor
5 bedrooms, 4 baths, 3,894 square feet on a pond (short sale)

$325,000 — 7800 Causeway Blvd. S,
St. Petersburg
3 bedrooms, 2 baths, 1,847 square feet on Boca Ciega Bay

$355,000 — 3498 Shore Drive,
Safety Harbor
4 bedrooms, 2 baths, 2,315 square feet with a long dock on the north end of Tampa Bay

$399,000 — 3540 Coquina Key Drive SE, St. Petersburg
2 bedrooms, 2 baths, 1,628 square feet with 80 feet of Tampa Bay waterfront


$449,000 — 9901 Bay Drive, Gibsonton
4 bedrooms, 3 baths, 3,460 square feet with a covered dock and gated entry on the Alafia River

$449,900 — 12300 Fourth St. E,
Treasure Island
3 bedrooms, 2 baths, 2,050 square feet on a deep canal with room for a 50-foot boat

$450,500 — 6772 Colony Drive S,
St. Petersburg
3 bedrooms, 4 baths, 3,429 square feet on deep water in Tampa Bay

$465,000 — 534 Austin Drive,
Tarpon Springs
3 bedrooms, 2 baths, 2,253 square feet on 3.5 acres in a gated community on Lake Tarpon


$500,000 — 429 Mirabay Blvd.,
Apollo Beach
6 bedrooms, 4 baths, 4,231 square feet with pool on a canal

$524,900 — 401 Sixth Ave. N,
Tierra Verde
3 bedrooms, 2 baths, 2,666 square feet on a canal (short sale)

$525,000 — 674 Norton St.,
Longboat Key
3 bedrooms, 2 baths, 1,720 square feet on a lagoon with easy beach and Intracoastal access

$555,000 — 206 Poinciana Lane, Largo
4 bedrooms, 3 baths, 2,468 square feet on the Intracoastal Waterway in Harbor Bluffs

$595,000 — 2816 Skimmer Point Drive S, Gulfport
4 bedrooms, 3 baths, 2,483 square feet on Boca Ciega Bay in the gated Pasadena Yacht and Country Club

$600,000-$1 million

$600,000 — 17299 Solie Road,
4 bedrooms, 4 bath, 3,361 square feet with a pool and panoramic views of Lake Keystone

$699,000 — 425 180th Ave. E,
Redington Beach
4 bedrooms, 3 baths, 2,616 square feet with pool on Boca Ciega Bay, with private beach access on the gulf

$975,000 — 1208 Beach Trail,
Indian Rocks Beach
1 bedroom, 1 bath, 660 square feet on the beach

More than $1 million

$1.975 million — 1237 Brightwaters Blvd. NE, St. Petersburg
4 bedrooms, 7 baths, 6,008-square-foot home, with an elevator, on deepwater channel on Snell Isle Harbor

$1.999 million — 1403 Pass-a-Grille Way,
St. Pete Beach
5 bedrooms, 5 baths, 3,750-square-foot historic home on channel

$3.3 million — 411 Cordova Blvd. NE,
St. Petersburg
6 bedrooms, 7 baths, 5,779-square-foot midcentury estate on deep water on Snell Isle Harbor

$3.9 million — 950 Park St. N,
St. Petersburg
5 bedrooms, 8 baths, 10,387-square-foot gated mansion on 2 acres on the Intracoastal Waterway with a 280-foot dock that will accommodate an 80-foot yacht

$3.995 million — 8310 Gulf Blvd.,
Treasure Island
5 bedrooms, 6 baths, 4,487-square-foot estate with 100 feet of gulf frontage, an elevator and four fireplaces

$4.3 million — 96 Martinique Ave., Davis Islands, Tampa
4 bedrooms, 6 baths, 8,740-square-foot house on Tampa Bay

$11 million — 16616 Villalenda De Avila, Tampa
8 bedrooms, 9 baths, 15,547-square-foot estate on 10 acres on Chapman Lake

Waterfront homes come in a range of prices, with some real buys right now 11/04/11 [Last modified: Friday, November 4, 2011 5:47pm]
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