Clearwater Beach New Condos
Clearwater Beach, Florida – Yesterday it was announced that the Indigo Beach Residence & Suites, a new Clearwater Beach real estate condo development to be built on the site of the old Adam’s Mark Hotel on south Clearwater Beach is the latest casualty in the changing Clearwater real estate market.
They announce that the Indigo Beach Residence & Suites to be built on Clearwater Beach Florida been canceled.
All Indigo condo deposits are now being returned to the would-be Clearwater Beach buyers of the Indigo condos on south Clearwater Beach. This is just another sign that with all the recent Clearwater and Tampa Bay condo conversions, the new condo developments, skyrocketing insurance rates and high property taxes, especially for those that don’t qualify for our homestead exemption -most Clearwater Beach condos prices have risen to a level that are out of reach for most at over $600,000 on average compared to the mid $300,000s just 2-3 years ago.
There is talk of attracting a signature hotel to this fabulous piece of Clearwater Beach real estate – the benefit to Clearwater Beach would be an influx of tourist and tourtist dollars year round – this is a great financial engine to Clearwater’s tourist driven economy.
The St Petersburg Times, our local Pinellas County paper. did an excellent article in November and it’s still true today: condo dreams have dried up on Clearwater Beach, Florida at least for now.
Clearwater Beach Florida Condos Planned
Nine projects totaling $1.4 Billion were schedule but now only the Marquesas Clearwater beach condo project is on schedule the rest have been delayed or cancelled.
The following Clearwater Beach real estate developments been effected:
- Aqualea Residence – Luxury condo projecton Clearwater beach;
- Clearwater Grande – Luxury condo project on Clearwater beach;
- Enchantment on Clearwater Beach – Luxury condo project on Clearwater Beach;
- Entrada – Luxury condos on Clearwater Beach project;
- Indigo Beach Residence & Suites – Clearwater Beach FL condo project;
- Kiran Grand Resort & Spa – Clearwater Beach Florida condos;
- Marbella Condominiums – Clearwater Beach FL luxury condos project;
- Sienna Sands – Luxury condos on Clearwater Beach Florida project;
In these changing times having a real estate agent (or 2 in our case) working for you is a real asset! We make sure our condo and home buyers on Clearwater Beach or anywhere in Tampa Bay get great deals – guaranteed. We’d love to talk to you about how we can help you find the perfect property – home or condo at the perfect price.
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Want to sell your Clearwater home? First you’ll want to ask, “What’s my home worth right now?”. Our experience shows it depends on where YOU live so we’re please to offer home sellers a FREE Comparable Market Analysis on your home for your neighborhood! No obligation, of course.
Today in the Tampa Bay real estate market homes are selling for what they sold for in 2004. If you bought your property in the last 5 years or utilized your home’s equity you may owe more on your home than it will appraise for which means selling for what you owe in todays market almost impossible without an approved short sale. It’s important that you act now, be proactive and get professional advice now.
Call us to schedule a FREE private real estate consultation to fully understand your home selling options (no pressure no hassles – guaranteed).
We’d helped many families sell their Clearwater homes, quickly and painlessly even in this difficult Tampa Bay real estate market. One of our happy home sellers even dubbed us the painless Realtors. In fact, we may already have a buyer for your property too because we understand that over 84% of home buyers today are finding their next house on the internet which is why when you use our Wise Home Selling Plan we make sure they are seeing your home first.
Whether you are buying or selling a home in Clearwater / St Petersburg / Tampa Bay Florida
Call us now and let us know what you need help with today! – 727-710-8036.
Cyndee & Jack Haydon, Your Top Choice for Clearwater Beach REALTORS
Local Clearwater or Clearwater Beach Florida Relocation expert.