Blue Water Cove
Homes for Sale in Largo, FL

A compact, established Largo community where home vintage spans a full century, and the typical residence runs a comfortably sized 2,015 square feet — this is a place to evaluate house by house rather than by neighborhood average.

Stellar MLS sales records identify 54 homes in Blue Water Cove that have changed hands since 2007, built between 1979 and 1983 (median 1980), with a median living area of about 1,584 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Blue Water Cove is too small for its own price trend, so here is the market around it.

In ZIP 33773, 67 homes are on the market and 21% are under contract — a steady corner of Largo.

Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).

In ZIP 33773 (Largo), 240 homes closed in the last 12 months at a median of $354K ($271/sq ft), down 0.5% year over year, with a median 49 days on market. Right now 35 active and 7 pending listings put supply at about 3.7 months — a balanced market. See the live ZIP 33773 housing market and the Pinellas County market.

ZIP and county figures describe the wider market, not Blue Water Cove specifically. Momentum Research analysis of MLS records.

The single most defining fact about Blue Water Cove 1st Add is its build-year spread: 1923 to 2024. That is not a rounding artifact — it reflects a neighborhood that has been continuously touched by construction and reconstruction for a century, likely a mix of original bungalow-era homes, mid-century additions, and contemporary infill or rebuilds. A median build year of 1981 tells you the typical home is not new, but it is also well past the earliest wave, so most owners have already navigated at least one major systems update — roof, HVAC, electrical — if the home has been well maintained.

At a median living area of 2,015 square feet, homes here run larger than a typical starter footprint, suggesting this pocket skews toward established, move-in-sized homes rather than compact cottages. No community amenities are identified from current MLS listings, which means this is a straightforward residential grid without a clubhouse, pool, or HOA-run recreation to factor into carrying costs — buyers get flexibility, not shared infrastructure.

In a neighborhood spanning a full century of construction, the comps that matter are the ones built in the same era and condition tier as the home you are evaluating, not a blended neighborhood average. We pull permit and renovation history alongside the MLS record so you are pricing against homes that actually match, not just address proximity.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.