Blue Water Bay
Condos for Sale in Tierra Verde, FL
All 60 homes for sale in Tierra Verde, FL · median $842,000 · Pinellas County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 3 closed sales in Blue Water Bay Condo in Tierra Verde, FL since 2016, the most recent in August 2025. Across Tierra Verde as a whole, 34 homes closed in the last 12 months at a median of $1,290,000, 95 median days on market, with 21 homes for sale today. At that median and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $25,010 ($24,200 with the full homestead exemption).
There isn't a large enough pool of current listings here to build a reliable price narrative, and we won't manufacture one. What the snapshot does tell us is structural: this is a small, older condo community — 17 units total, built between 1981 and 1996, with a median build year of 1985 — where the building's age and condo association health matter more to value than the usual comparable-sales math.
The ownership pattern is notable: the large majority of units file for homestead exemption, which points to owner-occupancy rather than a building dominated by investors or seasonal renters. For a buyer, that generally means less turnover and fewer units cycling onto the market at once — useful to know, but it also means patience if you're waiting for the right unit to come up.
Nearby homes for sale
No active listings inside Blue Water Bay Condo right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Blue Water Bay Condo is a compact, 1980s-era community in Tierra Verde with just 17 units and a median living area of 1,280 square feet — a small enough footprint that any given listing can meaningfully shift what the community looks like on paper.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Blue Water Bay Condo is best for.
Best for
- Buyers seeking a modest-sized, owner-occupied condo rather than a large rental-heavy building.
- Buyers willing to do the homework on an older building's reserves and inspection history in exchange for a smaller, quieter community.
- Buyers comfortable with a thin resale market and limited listing volume when timing a purchase.
Probably not for
- Buyers who want on-site amenities like a pool, clubhouse, or fitness room as part of the purchase.
- Buyers who need a large, active resale market with multiple comparable listings to benchmark against.
- Buyers unwilling to review condo association reserve funding and milestone inspection status on a pre-1996 building.
The market around Blue Water Bay Condo
Blue Water Bay Condo is too small for its own price trend, so here is the market around it.
In ZIP 33715, 232 homes are on the market and 14% are under contract — a slower corner of Tierra Verde.
Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).
In ZIP 33715 (Tierra Verde), 276 homes closed in the last 12 months at a median of $490K ($386/sq ft), down 5.6% year over year, with a median 95 days on market. Right now 91 active and 13 pending listings put supply at about 6.5 months — a soft market. See the live ZIP 33715 housing market and the Pinellas County market.
ZIP and county figures describe the wider market, not Blue Water Bay Condo specifically. Momentum Research analysis of MLS records.
Blue Water Bay Condo by the numbers
From county property records and closed MLS sales for the Blue Water Bay Condo subdivision: 6 homes on record; built 1985; typical size about 1,280 heated sq ft; 2 bedrooms is the median. Housing mix: condo 100%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2004 | 1 | $449,000 |
| 2018 | 2 | $434,250 |
| 2020 | 1 | $459,000 |
| 2024 | 1 | $848,250 |
| 2025 | 1 | $835,370 |
Newest recorded sale: $835,370 on 2025-08-04.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
The Blue Water Bay Condo buying strategy.
If we were buying in Blue Water Bay Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Blue Water Bay Condo.
A small building where condition and documents do the talking
With a median year built of 1985, this is an older Florida condo stock, which means the real due diligence isn't the unit finishes — it's the association's reserve funding, milestone inspection status, and any pending assessments. Two units built in the same year can carry very different costs depending on how the building has been maintained and funded over four decades.
No community amenities are identified from current MLS listings, so buyers shouldn't assume a clubhouse, pool, or dock comes with the HOA dues — verify what's actually included before treating this as an amenity-driven purchase. At 17 total homes, this is also a thin dataset: a single listing or sale can move the numbers more than it would in a larger community, so treat any market read here as directional, not statistical.
The location and the amenities are priced into every listing in Blue Water Bay Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 17-unit building with no recent volume to lean on, the work is in the details — pulling the condo docs, reserve study, and any assessment history before you write an offer, not after. We do that groundwork so you're pricing the building's condition and paperwork, not just the square footage.
Blue Water Bay Condo in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Blue Water Bay Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Blue Water Bay Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Blue Water Bay Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Blue Water Bay Condo home worth?
Get a no-obligation home value based on real comparable sales in Blue Water Bay Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Tierra Verde →
Should you buy in Blue Water Bay Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2016 (3 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Blue Water Bay Condo fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Blue Water Bay. These are the public schools most often assigned to other communities in ZIP 33715; zones change and vary by address, so confirm with the district before you buy.
- Gulfport Elementary School · Elementary (assigned to 2 nearby communities)
- Bay Point Middle School · Middle · FLDOE grade A (assigned to 2 nearby communities)
- Lakewood High School · High · FLDOE grade A (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Common questions about Blue Water Bay
Where is Blue Water Bay?
Blue Water Bay is a community in Tierra Verde, Pinellas County, Florida, ZIP 33715.
How many homes are in Blue Water Bay?
County property records list 6 homes in Blue Water Bay, built between 1985 and 1985; the typical home is about 1,280 heated square feet.
What do homes in Blue Water Bay sell for?
Blue Water Bay has no MLS sales in the last 12 months. The most recent year with recorded sales on file is 2025 (1 sale, median $835,370). For context, ZIP 33715 has 232 homes on the market with 14% under contract.
Are there homes for sale in Blue Water Bay right now?
No active listings inside Blue Water Bay at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Blue Water Bay have an HOA or CDD?
No HOA is on record for Blue Water Bay in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Nearby Communities
Explore more neighborhoods near Blue Water Bay with Momentum Realty’s local guides.