Blue Water Cove is a small, established single-residential neighborhood in east Largo, in central Pinellas County. Homes here were built roughly between 1979 and 1983, a mostly single-story stock of three-bedroom homes with water access, set near Lake Seminole and the Bardmoor corridor inside ZIP 33773 (Homes by Marco and Neighborhoods.com community pages, 2026).
Because the homes are now more than forty years old, this is a condition-driven market. The roof age, the systems, the windows, and the flood zone of the specific parcel drive value far more than the headline list, and two homes a street apart can carry very different insurance and renovation math.
The location is the durable part of the story. Blue Water Cove sits minutes from Lake Seminole Park, the Bardmoor and Bryan Dairy employment corridor, and Seminole City Center, with the Gulf beaches and downtown St. Petersburg both reachable in a normal drive. That central-Pinellas position is what underpins demand here.
The pitch is established water-access living at a Largo address, and the work is sorting the parcel: verifying the FEMA flood zone, quoting insurance for the exact home, and reading the roof and systems before you fall for a price. Confirm any HOA or deed line for the specific parcel, since small older neighborhoods like this vary.