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Old 03-10-2008, 10:59 AM
 
Location: Tampa, FL
27,798 posts, read 28,013,349 times
Reputation: 14611

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What are your thoughts about Harbour Island real estate - particularly condos running from $180-$250k. In your opinion, will the prices there drop similarly as the rest of the area over the next year. I noticed that crime statistics are very high in the area - from break-ins, assault, etc. Thought the island has a lot of gated communities where this would be prevented.

Also, do you know where the residents of Harbour Island do their shopping for groceries, gas, etc since the area is very close to the heart of Tampa? Do most people go to Dale Mabry or Brandon?
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Old 03-10-2008, 11:32 AM
 
Location: South Tampa - Bayside West Neighborhood
1,824 posts, read 7,803,481 times
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Wow, Harbour Island has a high rate of crime?? Or is it the zip code that it belongs to?? Almost 80% of the island is gated, and the other 20% is some very new, VERY nice Condo and Aprtment buildings, Office Buildings and a Hotel/Restaurants on the water.

AS far as shopping and gas, I have friends on the island and they go to Publix(about .25 mile) on Bayshore Blvd for groceries, Gas neasrest about .25 mile in Channelside or over on Swann Ave or Platt Street or Kennedy Blvd, tehre is a CVS store downtown. There is even a convience store on the Island and a few nice restaurants. Channelside is just across the Channel. Everything you need is nearby, no need to drive all ther way out to Brandon or Dale Mabry for necessities...Hyde Park also has alot of stores and shoppes(about a mile). IM not sure about the Real Estate question.
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Old 03-10-2008, 11:41 AM
 
Location: Tampa, FL
27,798 posts, read 28,013,349 times
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Thanks Tampaguy - couldn't give you more reps - I used them up I guess on another thread.

I've driven Bayshore - probably 2-3 yrs ago, don't remember seeing Publix in the area, so thanks for the information.

And I think you're right. The stats that I viewed were from a Zip code, so it must have included other communities in the downtown area. I thought they were inflated.

Once again, thanks for the reply.
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Old 03-10-2008, 12:15 PM
 
Location: South Tampa - Bayside West Neighborhood
1,824 posts, read 7,803,481 times
Reputation: 1031
Quote:
Originally Posted by BucFan View Post
Thanks Tampaguy - couldn't give you more reps - I used them up I guess on another thread.

I've driven Bayshore - probably 2-3 yrs ago, don't remember seeing Publix in the area, so thanks for the information.

And I think you're right. The stats that I viewed were from a Zip code, so it must have included other communities in the downtown area. I thought they were inflated.

Once again, thanks for the reply.
Thanks BucFan - the Publix is on the corner of Bayshore Blvd and Platt Street, just across the river from downtown and the convention center.
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Old 03-10-2008, 12:52 PM
 
Location: East Tennessee
3,928 posts, read 10,654,451 times
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Default Parkcrest Harbour Island

From the Mid-Florida MLS in the last 90 days, there were 10 sales ranging from a low of $180K for a 1/1.5 1015sf w/no garage on 1/11/08 up to a high of $320K for a 1648sf, 3/2/2 on 1/31/08. Sales prices per square foot ranged from $181.37 up to $264.97. There are 31 on the retail market with 1 contract pending. Total number of units = 336. Hope this makes sense!

Not to compare apples to oranges, The Plaza is also selling on HI. In the past 90 days, 33 on market, 33 contracts pending, and 21 sales. Total number of units = 130.

TG03 gave you good info already on the grocery, though I thought Publix was going in a storefront near Skypoint downtown and I thought Channelside has a small market as well. Maybe it didn't happen, or just not yet...

P.S. If I knew what market conditions were going to do in the near future I could have predicted the recent bubble. I don't mean to sound sarcastic, I honestly have no clue.
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Old 03-10-2008, 10:46 PM
 
Location: Tampa, FL
27,798 posts, read 28,013,349 times
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Thanks Karen, you're always very helpful. Something tells me that the prices on HI will not drop as expected for houses in the suburbs might.
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Old 03-10-2008, 11:18 PM
 
Location: Imaginary Figment
11,456 posts, read 13,234,061 times
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HI looks like a wonderful place to live. It also (taking a look around craigslist for example) looks like it is full of speculators trying to dump their "investments" off. I am starting to see short sales and reasonable prices as of late.

With plenty of ARMS on the horizon to reset (next 3 years) I wouldn't even consider buying a condo right now. Why not rent and see if you like it there first?

Quote:
Originally Posted by BucFan View Post
Thanks Karen, you're always very helpful. Something tells me that the prices on HI will not drop as expected for houses in the suburbs might.
Prices are falling everywhere and will continue to fall much further than they already have.
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Old 03-11-2008, 01:19 PM
 
Location: Tampa, FL
27,798 posts, read 28,013,349 times
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Good thought on the ARMS. Will be in the TB area in about 18 months. HI looks like a potential place for me to buy.
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Old 03-11-2008, 10:38 PM
 
Location: Imaginary Figment
11,456 posts, read 13,234,061 times
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Quote:
Originally Posted by BucFan View Post
Good thought on the ARMS. Will be in the TB area in about 18 months. HI looks like a potential place for me to buy.
Best of luck to you.
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