Regency Cove market snapshot (as of June 25, 2026): the median sale price is about $98K ($128 per sq ft), with homes averaging 294 days on market and 4.4 months of supply, a buyer-leaning market. Based on 19 recent closings in live Stellar MLS data.
Regency Cove is a gated, age-restricted 55-plus waterfront manufactured-home community in South Tampa, at the base of the Gandy Bridge on Tampa Bay in the 33611 ZIP. It spans roughly 45 acres with a few hundred homes and is a resident-owned cooperative, so owners hold a share and there is no lot rent.
Because it is a cooperative, a buyer purchases a share in the corporation that owns the land and amenities, included in the price, together with the manufactured home, rather than fee-simple land or a leased lot. Confirm the share structure, the monthly fee, and what transfers at resale for a specific home in writing, since these define the value. The monthly fee is reported to cover water, sewer, trash, and grounds maintenance.
The amenities are waterfront and active-adult: a 24-hour gated entrance, a clubhouse with activities, a fitness center, a pool and spa, shuffleboard, private boat docks with a launch, large-vehicle storage, and a sunset point on the bay. As a low-lying waterfront community, this is also an area where the 2024 storm season drove surge into Tampa Bay, so confirm the flood zone, elevation, surge history, and a current insurance quote for the specific home.
For an age-qualified buyer who wants gated, on-the-water 55-plus living minutes from downtown Tampa and MacDill, Regency Cove is a distinctive option. The work is underwriting the share, the fee, the home, and the storm and insurance picture honestly before any list price wins you over.
