Real Estate Views from St Pete

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Buy a Slip - Get a House

Most of the marinas here in the Tampa Bay area are no longer renting slips but are selling "dockominiums" many of which are $200,000 and up, plus the monthly maintenance fee, of course. So, for $700,000 you can buy a waterfront pool home with your own dock/slip behind your house.

Dockominiums aren't much hotter than Condominiums here at the moment, so I'm not sure why marina owners are making renters move and then leaving the slips empty. Doesn't seem to make economic sense in the short run.

 

8 comments • Sharon Simms St Pete FL - CRS CIPS CLHMS RSPS • November 24 2007 08:39PM
Broadwater Market Update - St Petersburg Florida - Nov 24, 2007
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