Located in Pinellas County and a suburb of St. Petersburg, Tierra Verde is a collection of small, affluent islands best characterized by its stately estates and gorgeous blue gulf waters. This tight-knit island suburb is best known for its superb fishing spots, excellent boating community, and variety of casual, family-friendly restaurants. As one of the best places to retire in America, Tierra Verde provides a luxurious and private tight-knit community for those seeking a life of serenity and solace. Whether you are considering buying or selling in this incredible area, read on for The Salamone Group’s guide to learn about what is trending in the luxury Tierra Verde real estate market.
1. THE ALLURE OF TIERRA VERDE
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Tierra Verde is an exclusive and gorgeous island community that offers the ultimate luxury island lifestyle. Over the past ten years, Tierra Verde has experienced steady upward growth in population. As a small island community, Tierra Verde offers a relaxed, carefree vibe for its population of 3,860 inhabitants.
Many people move to Tierra Verde real estate to retire or expand their family, captivated by the enchantingly serene waters of the Gulf of Mexico and fantastic boat launches. Some are enticed by the expansive, historic Fort De Soto Park, which offers numerous hiking, walking, and boating opportunities. Several local favorites for casual and formal dining abound, from award-winning Maritana at the Don CeSar to the community’s best-kept secret, Vista at the Top. From gorgeous scenery to amenities and adventure, Tierra Verde has it all.
2. ONE-OF-A-KIND LUXURY PROPERTIES THAT FIT YOUR LIFESTYLE
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There are a variety of Tierra Verde luxury homes for sale. You can find a property that fits your lifestyle best, from gated, deed-restricted affluent communities to multi-family luxury condominiums. Whether your property is directly on the waterfront with convenient access to a dock or a mere block away from the beach within an exclusive community, you will find an excellent blend of luxury and casual island living.
For example, consider this exquisite gated multi-family condominium offering panoramic views of the surrounding Gulf waters, a swimming pool with a heated spa, private boat slips, and electric car charging stations. This home is the perfect retreat for anyone who is a boating or water enthusiast while maintaining a convenient distance to the local trails, famous country clubs, and airports for a quick getaway. If you want a taste of Key West but prefer to stay on the Gulf Coast, consider this luxurious single-family three-story home a few blocks from the beach. This home features spacious rooms, a private balcony connected to the main suite, swimming pools in a private fenced-in space, and updated appliances with a fireplace. You can enjoy considerable privacy with all your affluent needs met in this luxury home in a gorgeous, tree-lined neighborhood.
No matter where your home is located in this beautiful community, you can be assured that you will have your luxurious and private piece of island paradise here.
3. THE TIME TO BUY IS NOW
As many water and boating enthusiasts realize the value and potential of a luxury home in Tierra Verde, the market is remaining somewhat competitive. Luxury single-family and multi-family homes are selling steadily.
In Pinellas County, the median sale price of single-family homes as of July 2022 was $450,000, which is up 20% from July 2021. Also, single-family homes sold in a median time of 46 days. In addition, within the county, active inventory is up 45.9% from a year ago, and there were 1.7 months of inventory available as of July 2022, which is also an increase from July 2021. This means that buyers may have more options when looking at properties, and they may not feel as pressured to rush. With buyers having more options and flexibility, the real estate market in Tierra Verde is currently a buyer’s paradise for those with the cash to buy in.
That said, Tierra Verde beach houses are highly sought after and command high prices in the millions. Despite the current advantageous climate geared toward home buyers in the area, sellers too can capitalize on the gorgeous properties buyers are looking for. Sellers can craft a strategic marketing plan and offer unique high-end amenities to sell for top dollar in the current Tierra Verde real estate market.
4. WORKING WITH A TIERRA VERDE REAL ESTATE TEAM IS ESSENTIAL
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Whether you plan on buying or selling Tierra Verde luxury homes, you need to work with a real estate team familiar with the luxury market and the local area. They will ensure that you reach success and that the process is as streamlined as possible.
As a buyer, working with a skilled, professional team that is closely familiar with the ins and outs of the Tierra Verde community will provide a wealth of resources and referrals through their extensive network of connections. Your real estate agent will work closely with you to learn about your must-haves and even your want-to-haves to find you a luxurious, exclusive island home in Tierra Verde.
As for sellers, your real estate agent will conduct a comparative market analysis to determine the optimal time to sell your luxury home so that it is most profitable for you. Your agent will also help you create a strategic, tried-and-true marketing and negotiating plan so that you can sell your home for top dollar offers.
Whether you are interested in buying, selling, or investing in the luxury real estate market in beautiful Tierra Verde, your real estate team will provide top-notch service to deliver results that best cater to your needs.
READY TO GET STARTED?
The small, tranquil, gorgeous community of Tierra Verde is the perfect oasis for retirees and families to experience that fantastic island lifestyle while being a short drive away from major metropolitan cities, such as St. Petersburg and Tampa. If you’re buying or selling in the area, work with only the best! Consult with the local real estate professionals at The Salamone Group for expert guidance on buying or selling waterfront luxury homes. With over 200 luxury homes sold, this highly skilled team is your number one local resource for the luxury Tierra Verda real estate market. Get started today!
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