Shipwatch Yacht and Tennis Club in Largo

Shipwatch Yacht and Tennis Club Homes for Sale in Largo, FL

404 units, 10 phases · Pinellas County · ZIP 33774

A 56-acre private waterfront yacht-and-tennis community of condos and villas on the Intracoastal in Largo, a ten-minute walk to the Gulf.

Gated Intracoastal waterfrontMarina, tennis, two poolsCondos and villas, 404 units

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

Shipwatch is a condominium and villa community, so the read is the unit (villa or tower, water view, floor), the condo fee, the reserves and milestone status under Florida law, marina slip availability, the rental rules, and the flood picture per unit, not a single community average.

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Unlock Off-Market Shipwatch

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseStellar MLS

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Median Price

0mo

Supply

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Avg DOM

Soft

Seller Leverage

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Median $/Sqft

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1-Yr Price Change

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Distress

Jon's Current Read

"Shipwatch Yacht and Tennis Club is a 56-acre private, deed-restricted waterfront community of condos and villas on the Intracoastal Waterway in Largo, on the western Seminole side just south of Walsingham Road near the Indian Rocks Bridge, with 404 units across 10 phases (about 112 condos and 292 villas) and a ten-minute walk to the Gulf (shipwatchyachtandtennisclub.com, lipplyrealestate.com, and Redfin, 2026). The draw is the amenity package and the water: a 32-slip marina, two pools, eleven Har-Tru tennis courts, two pickleball courts, a pro shop, and two clubhouses on professionally landscaped grounds with ponds. Because the community includes two mid-rise tower buildings, Florida's post-Surfside structural-reserve and milestone-inspection rules apply to qualifying buildings, so the things that actually move your number here are the unit type, the water view, the condo fee, the reserves and milestone status, marina slip availability, the rental rules, and the flood and insurance math, far more than the Shipwatch name itself."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Shipwatch Yacht and Tennis Club sits on 56 acres along the Intracoastal Waterway in Largo, in the 33774 ZIP, on the western Seminole side just south of Walsingham Road near the Indian Rocks Bridge, a private, deed-restricted waterfront community a ten-minute walk from the Gulf (shipwatchyachtandtennisclub.com and lipplyrealestate.com, 2026).

The community has 404 units across 10 phases, made up of villas and two mid-rise tower buildings, roughly 112 condos and 292 villas, so a buyer is really choosing between a villa and a tower unit, each with its own view, floor, and association picture (shipwatchyachtandtennisclub.com and Redfin, 2026). Shipwatch One is one of the phases or buildings within the larger community.

Amenities include two swimming pools, an exercise room, eleven Har-Tru tennis courts and two pickleball courts, a pro shop, two clubhouses, a 32-slip marina, and professionally landscaped grounds with ponds (shipwatchyachtandtennisclub.com, 2026). The marina and the tennis program are the signature draws, and slip availability and any separate slip fee should be confirmed per the association.

Because the community includes mid-rise tower buildings, the honest read is the association picture: confirm the current condo fee and what it includes, the reserve study and any structural-reserve assessment, the milestone-inspection status for qualifying buildings under Florida law, marina slip availability, the rental rules, and the flood zone and insurance for the specific unit.

Quick Match

Who Shipwatch is best for.

Best for

Buyers who want gated Intracoastal waterfront living with resort amenities in Largo
Boaters and tennis players who value a marina, Har-Tru courts, and a yacht-and-tennis club
Buyers comfortable doing condo-association diligence on fees, reserves, and milestone status
Buyers who will verify the rental rules and slip availability before they offer

Probably not for

Buyers who want a detached single-family home with a private yard
Anyone unwilling to budget for condo fees and possible reserve assessments
Buyers who want to skip milestone-inspection and reserve diligence on mid-rise buildings
Buyers who want to avoid flood and windstorm insurance on the water

Market Pulse

How Shipwatch is performing right now

50/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

0Months of supplytight

56Median days on marketdays

1 : 0Under contract vs for salestrong demand

0Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Shipwatch listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare The Cloisters at Bardmoor or Largo. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now0 : 1active : pending

For sale0

Pending1

Sold 12mo0

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Shipwatch Yacht and Tennis Club buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Shipwatch

Live MLS inventory for Shipwatch Yacht and Tennis Club. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Pending · 12 days

$345,000

2 bd · 2 ba · 1,225 sqft · built 1984

11730 Shipwatch Drive #604, LARGO, 33774

Listed by PREMIER SOTHEBY'S INTL REALTY

Active and pending Shipwatch listings as of 2026-06-25, priced high to low. Listings courtesy of Stellar MLS as distributed by MLS GRID.. Tap any home to ask about it.

Interactive Map

Shipwatch on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take

A 32-slip marina on the Intracoastal Waterway
Eleven Har-Tru tennis courts and two pickleball courts
Two swimming pools and an exercise room
Two clubhouses and a pro shop on site
56 acres of landscaped grounds with ponds, gated

Shipwatch Yacht and Tennis Club is a private, deed-restricted waterfront community of condos and villas rather than a single-family neighborhood, so the lifestyle centers on the water and the shared amenities: a 32-slip marina on the Intracoastal, eleven Har-Tru tennis courts and two pickleball courts, two swimming pools, an exercise room, a pro shop, and two clubhouses on 56 acres of professionally landscaped grounds with ponds, a ten-minute walk from the Gulf. Because the community includes two mid-rise tower buildings, confirm the specific building's reserves, the milestone-inspection status under Florida law, the marina slip availability, the association rules, and the rental rules before you buy.

Nearby & Commute

How far is everything?

The takeaway

Shipwatch trades a single-family yard for gated Intracoastal waterfront living a ten-minute walk from the Gulf, minutes from Indian Rocks Beach and central Largo.

Drive times from Shipwatch in Largo. They are approximate and vary with traffic and your exact building.

Indian Rocks Beach~5 to 10 min · Gulf beach via Indian Rocks Bridge

Walsingham Road~3 min · local access just north

Largo town center~10 to 15 min · shopping and services

Seminole City Center~10 min · retail and dining

Downtown St. Petersburg~25 to 35 min · via the Pinellas grid

Tampa International Airport~40 to 50 min · via the bridges and I-275

Distances and drive times are approximate and vary with traffic and your specific unit. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Shipwatch Yacht and Tennis Club Homes for Sale in Largo, FL with Momentum Realty’s local guides.

ISIndian Springs Colony Homes for Sale in Largo, FLLargo, FL · 0.1 mi CSCurlewLandings South Homes for Sale in Indian Rocks Beach, FLIndian Rocks Beach, FL · 0.7 mi IRIndian Rocks Beach Homes for SaleIndian Rocks Beach, FL · 0.7 mi GTGulf Terrace Homes for Sale in Largo, FLLargo, FL · 0.7 mi LLLakeviewof Largo Homes for SaleLargo, FL · 0.7 mi KOKensington OaksLargo Homes for SaleLargo, FL · 0.8 mi IGImperial GrovesLargo Homes for SaleLargo, FL · 0.9 mi CHCarltonEstates Homes for Sale in Largo, FLLargo, FL · 0.9 mi HMHillcrest Manor Homes for Sale in Largo, FLLargo, FL · 1.0 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Shipwatch (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Pinellas County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Shipwatch is served by Pinellas County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Shipwatch address.

The takeaway

What is actually shaping value at Shipwatch: the marina and resort amenities, the gated Intracoastal waterfront setting near the Gulf, Florida's post-Surfside structural-reserve and milestone law reaching the mid-rise towers, and coastal flood and windstorm diligence after the 2024 surge. Each item is sourced and linked.

Recent Developments in Shipwatch Yacht and Tennis Club

Development Intelligence

Our read on what is being built around Shipwatch, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishWaterfront and amenity demand in coastal Pinellas supports prices, while the watch items are the mid-rise buildings' reserve and milestone trajectory under Florida law and how coastal flood and windstorm insurance affects carrying cost.

Marina and resort amenities

Ongoing

BullishNotable impact

SignificanceRadius: Community

A 32-slip marina, eleven tennis courts, two pools, and two clubhouses differentiate the community and support amenity-driven demand.

Gated waterfront Intracoastal setting near the Gulf

Ongoing

BullishNotable impact

SignificanceRadius: Area

A private, deed-restricted 56-acre Intracoastal community a ten-minute walk from the Gulf supports steady buyer demand.

Florida structural-reserve and milestone law

2025-2026

BearishMajor impact

SignificanceRadius: Community

Post-Surfside rules require reserve studies and milestone inspections for the mid-rise tower buildings, which can raise condo fees and trigger assessments.

Coastal flood and windstorm exposure

Ongoing

BearishNotable impact

SignificanceRadius: Community

As an Intracoastal waterfront community where Pinellas coastal areas took 2024 storm surge, flood and windstorm insurance and elevation are core to carrying cost and have to be read per unit.

Villa versus tower and rental-rule read

Ongoing

NeutralNotable impact

SignificanceRadius: Community

The choice between a villa and a tower unit, plus the association rental rules, shapes both value and financing and should be confirmed per association.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Shipwatch Yacht and Tennis Club, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

January 2026
Community
Shipwatch 56-acre Intracoastal yacht-and-tennis community in Largo
Shipwatch Yacht and Tennis Club is a 56-acre private, deed-restricted waterfront community of condos and villas on the Intracoastal Waterway in Largo, 404 units across 10 phases, with a 32-slip marina, eleven Har-Tru tennis courts, two pools, a pro shop, and two clubhouses, a ten-minute walk from the Gulf. Why it matters: The amenity package and the water are the draw, but the unit type, the marina slip, the reserves, and the milestone status are the diligence. Source
December 2025
Regulation
Florida structural-reserve and milestone law reaches mid-rise condo buildings
Under Florida's post-Surfside law, condominium associations must complete a Structural Integrity Reserve Study and, for buildings three stories or taller, milestone inspections, per the state condominium regulator, which reaches communities with mid-rise tower buildings. Why it matters: Communities with mid-rise towers should be asked directly about their reserve study, milestone inspection, and the fee or assessment impact. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The Shipwatch buying strategy.

If we were buying in Shipwatch, this is the order of operations we would run, and the one we run for our clients.

Pull the condo budget and reserve study. Read the reserves, the structural-reserve status, and any special assessment before anything else, especially for the mid-rise tower buildings.

Confirm the milestone-inspection status. For qualifying buildings three stories or taller, ask the association where it stands on milestone inspection and its Structural Integrity Reserve Study under Florida law.

Read the condo fee and exactly what it includes. Confirm whether the marina, grounds, amenities, water, sewer, trash, and any utilities are bundled, and how the fee has trended.

Confirm marina slip availability and the rental rules. Verify whether a slip conveys or is available, any separate slip fee, and the current leasing and minimum-lease rules with the association.

Cross-shop a nearby Pinellas waterfront condo community at The Cloisters at Bardmoor and run flood and windstorm for the exact unit.

The Quick Decision

Best Buy

An updated water-view unit in a building or phase with healthy reserves

Biggest Risk

A special assessment or milestone finding on a mid-rise tower building

Best Lot

A villa or tower unit with an Intracoastal view, good elevation, and slip access

Smart Timing

Confirm reserves, milestone status, slip, and rental rules before you offer

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Shipwatch Homes For Sale

What your money buys in Shipwatch.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Shipwatch today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Entry Unit

An interior or garden-view villa or tower condo, the affordable way into a gated waterfront yacht-and-tennis community, where condition and the building's reserves drive value.

Lowest entry

The Water View

An updated villa or tower unit with an Intracoastal view, the heart of the resale market here, where the view and the building's health set the number.

Most inventory

The Top

A larger water-view unit with marina slip access and the best Intracoastal views, the stock that holds value best when reserves are healthy and milestone status is clean.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$900K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

The Entry Unit

An interior or garden-view villa or tower condo, the affordable way into a gated waterfront yacht-and-tennis community, where condition and the building's reserves drive value.

The Water View

An updated villa or tower unit with an Intracoastal view, the heart of the resale market here, where the view and the building's health set the number.

The Top

A larger water-view unit with marina slip access and the best Intracoastal views, the stock that holds value best when reserves are healthy and milestone status is clean.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Shipwatch, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Golf and lake lots resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Shipwatch is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Unit Value

The unit premium.

In a condo the value the market gives back at resale is set by the unit, not a lot: the floor, the view line (direct versus partial), and the exposure. The interior can be renovated, but the floor and view cannot, so higher floors and better views hold their value better. How much more they command varies by building, line, and condition, which is why we read it unit by unit against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Shipwatch holds value.

Our read on the factors that protect resale here, and the one to manage.

Kitchen and bath updatesStandard refresh, broadly recoverable

Impact windows and slidersWind and insurance value

Flooring and interior finishesCosmetic, mostly recoverable

Intracoastal view and marina slipStrongest value driver here

Building structure and reservesAssociation-controlled, limited owner upside

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in Shipwatch

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Ignoring the optional club cost
Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

Golf frontage, lakefront, and preserve lots carry real, durable premiums. Pay an estate price for an interior lot and you are buying the weakest version of the value.

Ignoring the club decision

The club is optional and separate, so two similar homes can cost very differently to own. Buyers who do not price the membership they will actually use misread their real monthly number.

Skipping the systems check

A 1990s home means 1990s-era systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Shipwatch sells the marina and the tennis, but the deal is won or lost on the unit, the condo fee, the reserves and milestone status, the slip, the rental rules, and the flood math.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

6.7B- · Buy Score

Resale Strength6.5/10

Renovation Risk5.6/10

Location Efficiency7.5/10

Long-Term Defensibility6.4/10

Carrying Cost Advantage5.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Shipwatch is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Unit Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

Fill = price per square foot; ring = by realized $/sqft per unit. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take

Intracoastal-facing units carry the strongest view premium
Verify the FEMA flood zone and elevation for the exact building
Marina slip access adds value, confirm availability and any fee
The unit type, view, and building, not the floor plan alone, drive price
Read the reserve and milestone picture before the finishes

In a waterfront community of condos and villas, the parcel is really the unit, the building, and the view, and that is the part of your money the market protects. Intracoastal-facing units, and units with marina slip access, hold value better than interior units. The finishes can be redone; the view, the flood elevation, the building's reserve health, and its milestone status cannot. Read the unit type, the building, and the water first, then price the condition of the unit against it.

The 15-Second Verdict

Shipwatch in 15 seconds.

Best forBuyers who want gated Intracoastal waterfront living, a marina, and a tennis club in Largo near the Gulf.

Biggest advantageA 56-acre waterfront setting with a 32-slip marina, eleven tennis courts, and two pools on the Intracoastal.

Biggest riskCondo fees, reserve assessments, and milestone findings on the mid-rise tower buildings.

Sweet spotAn updated water-view villa or tower unit in a building with healthy reserves and slip access.

Avoid ifYou want a detached single-family home or to avoid condo-association and milestone risk.

HOA, Fees & Reserves

15-Second Take

Monthly condo fee covering the marina and amenities, confirm the amount
Fee may bundle some utilities, verify the exact inclusions
Mid-rise towers, read the reserve study closely
Florida structural-reserve and milestone rules can raise fees, ask the association
Confirm marina slip availability and the rental rules

A monthly condominium association fee applies and covers the shared waterfront amenities, the marina, and the grounds, so the fee reflects the amenity package. Confirm the exact fee, what it includes, the reserve study, the milestone-inspection status for qualifying buildings, and any current or planned assessment with the association.

Where bundled, the fee typically covers community amenities, the gated entry, the marina and grounds, the two pools, the eleven Har-Tru tennis courts and pickleball, the pro shop, and the two clubhouses, and commonly some utilities. Verify the current inclusions and reserve picture per the association documents.

Run Your Numbers

Tools for a Shipwatch buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxPinellas County millage and the homestead picture.Rent vs buyThe breakeven on owning in Shipwatch.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Shipwatch

Price to the unit, the view, the slip, and the reserve picture, not a Shipwatch average.

Selling at Shipwatch means pricing to your specific unit, your view, your slip access, and the association's reserve and milestone picture, not a community-wide average. A water-view villa or tower unit with recent updates and healthy reserves commands a different number from an interior unit facing an assessment.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Shipwatch, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping The Cloisters at Bardmoor, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Shipwatch home worth?

Get a no-obligation home value based on real comparable sales in Shipwatch matched to your condition, lot, and view, 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 homes for sale in Shipwatch Yacht and Tennis Club on the map →
Or get your Shipwatch Yacht and Tennis Club home value & selling guide →

Real comps, not a Zestimate.

How much local inventory is already under contract

45% of homes for sale in ZIP 33774 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-06-25).

Shipwatch One Largo Market Scorecard

Thin data

Shipwatch One Largo is currently a thin data. Limited supply, a median asking price of n/a.

n/a

Months supply

n/a

Median list

n/a

Median sold

n/a

Per sqft

n/a

Days on mkt

0/1/0

Active/Pend/Sold

Typical home value in the 33774 ZIP is $371,111, about 2.8% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Shipwatch Yacht and Tennis Club?

It is in Largo, in the 33774 ZIP, on the western Seminole side along the Intracoastal Waterway just south of Walsingham Road near the Indian Rocks Bridge, a private, deed-restricted waterfront community a ten-minute walk from the Gulf (shipwatchyachtandtennisclub.com, 2026).

Is Shipwatch a condominium community?

Yes. It is a private, deed-restricted waterfront community of condos and villas, 404 units across 10 phases, about 112 condos and 292 villas, including two mid-rise tower buildings. Buying here means condo-association diligence on fees, reserves, milestone status, and rules.

How many units are at Shipwatch?

There are 404 units across 10 phases, made up of villas and two mid-rise tower buildings, roughly 112 condos and 292 villas, on 56 acres (shipwatchyachtandtennisclub.com and Redfin, 2026).

What is Shipwatch One?

Shipwatch One is one of the phases or buildings within the larger Shipwatch Yacht and Tennis Club community. Confirm which phase or building any specific listing belongs to and read that building's reserve and milestone picture.

What amenities does Shipwatch have?

Public sources describe two swimming pools, an exercise room, eleven Har-Tru tennis courts and two pickleball courts, a pro shop, two clubhouses, a 32-slip marina, and professionally landscaped grounds with ponds (shipwatchyachtandtennisclub.com, 2026).

Does Shipwatch have a marina?

Yes. Public sources describe a 32-slip marina on the Intracoastal Waterway. Slip availability, whether a slip conveys, and any separate slip fee should be confirmed for the specific listing and with the association.

What does the condo fee include?

The fee covers the shared waterfront amenities, the marina, the grounds, and commonly some utilities, so it reflects the amenity package. Confirm the exact fee and inclusions, plus the reserve and milestone picture, with the association before you offer.

Can I rent out a unit at Shipwatch?

Leasing rules and minimum lease terms are set by the association and change over time. Confirm the current rental rules and any owner-occupancy considerations before buying, especially if you plan to lease or need financing.

Does Florida's condo safety law affect Shipwatch?

Because the community includes mid-rise tower buildings, Florida's post-Surfside law, which requires structural-reserve studies and milestone inspections for buildings three stories or taller, applies to qualifying buildings. Ask the association where it stands on its reserve study, milestone inspection, and any assessment (Florida condominium regulator, 2026).

Is Shipwatch in a flood zone?

It is an Intracoastal waterfront community, so flood and windstorm exposure is real and varies by building and elevation, and Pinellas coastal areas took storm surge in the 2024 hurricane season. Always run the FEMA flood zone and a flood and windstorm insurance quote for the exact unit during diligence.

How far is Shipwatch from the Gulf?

Public sources describe Shipwatch as a ten-minute walk to the Gulf, near the Indian Rocks Bridge, though exact times depend on your unit and route. Confirm your real route during diligence (shipwatchyachtandtennisclub.com, 2026).

What is the difference between a villa and a tower unit at Shipwatch?

The community is made up of villas, roughly 292 of them, and two mid-rise tower buildings with about 112 condos. Villas and tower units differ in view, floor, and the building reserve and milestone picture, so the unit type is a core part of the read.

Is Shipwatch a good investment?

It offers Intracoastal waterfront living, a marina, and a strong tennis program in Largo, but it is a condo-and-villa community with condo fees, reserve obligations, milestone diligence on mid-rise buildings, and coastal insurance that affect financing and carrying cost. As with any waterfront condo, the reserves and insurability drive the outcome, and this is not a guarantee of future value.

How does Shipwatch compare to nearby Pinellas waterfront condos?

Shipwatch is one of several Pinellas waterfront condo communities. Cross-shop a peer like The Cloisters at Bardmoor and compare the unit type, fee, reserves, milestone status, slip access, and flood picture before deciding.

The Verdict

Should you buy in Shipwatch?

An honest fit check. We will tell you when it is not your community.

Buyers who want gated Intracoastal waterfront living and resort amenities in LargoExcellent fit

Boaters and tennis players who value a marina, Har-Tru courts, and a yacht-and-tennis clubExcellent fit

Buyers comfortable reading a condo budget, reserve study, and milestone statusExcellent fit

Buyers who will verify slip availability and the rental rules before offeringExcellent fit

Buyers who will quote flood and windstorm for the specific unitExcellent fit

Buyers who want a detached single-family home with a yardProbably not

Anyone unwilling to budget for condo fees and possible assessmentsProbably not

Buyers who want to skip milestone and reserve diligence on mid-rise buildingsProbably not

Buyers who want to avoid flood and windstorm insurance on the waterProbably not

Buyers expecting uniform value across every villa, tower, and viewProbably not

Get the inside read on Shipwatch

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your Shipwatch home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Shipwatch specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Shipwatch Yacht and Tennis Club — what to look for, questions to ask, and your local expert.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

Shipwatch Yacht and Tennis Club Homes for Sale in Largo, FL

The 60-Second Overview

Who Shipwatch is best for.

Best for

Probably not for

How Shipwatch is performing right now

Homes For Sale Right Now in Shipwatch

Shipwatch on the map.

The Club & Membership

How far is everything?

Nearby Communities

Schools

Recent Developments in Shipwatch Yacht and Tennis Club

Marina and resort amenities

Gated waterfront Intracoastal setting near the Gulf

Florida structural-reserve and milestone law

Coastal flood and windstorm exposure

Villa versus tower and rental-rule read

Shipwatch 56-acre Intracoastal yacht-and-tennis community in Largo

Florida structural-reserve and milestone law reaches mid-rise condo buildings

The Shipwatch buying strategy.

The full read, only if you want it.

What your money buys in Shipwatch.

What ~$900K buys here.

Renovation & Resale Intelligence

The renovation premium.

The unit premium.

How well Shipwatch holds value.

5 Mistakes Buyers Make in Shipwatch

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Ignoring the club decision

Skipping the systems check

Momentum Buy Score.

Why our read on Shipwatch is different.

Which Lots & Views Hold Value Best

Shipwatch in 15 seconds.

HOA, Fees & Reserves

Tools for a Shipwatch buy.

Price to the unit, the view, the slip, and the reserve picture, not a Shipwatch average.

In Shipwatch, condition and view decide your number

What is your Shipwatch home worth?

Price History: What Homes Here Have Actually Sold For

Shipwatch One Largo Market Scorecard

Frequently Asked Questions

Should you buy in Shipwatch?

Get the inside read on Shipwatch

You are all set.

Need to sell fast in Pinellas County?

You just read the data. Now see what your home is worth.