Apollo Beach Real Estate Market

About Apollo Beach

Apollo Beach is a sleepy, older community-but one that’s wiping the sleep from its eyes and waking up. Situated directly on Tampa Bay, Apollo Beach itself is best known for its views of the towering Tampa Electric smokestacks and its 55-miles of navigable canals lined with stately, extravagant homes and lush, tropical landscaping.

Apollo Beach residents have excellent access to Tampa Bay and the Gulf of Mexico. The term “beach” may be a misnomer though, as the shoreline is mostly rocky dredge from years of construction projects.

However, much habitat reclamation and restoration are now underway so residents and visitors alike may enjoy the unique fishing, shoaling and shark-tooth fossil-hunting offered in the area.

Real Estate Trends

Apollo Beach Boulevard is the main thoroughfare; it bisects Apollo Beach from North to South. U.S. 41 sits along the eastern border of the city.

Older homes, tract housing, and some retail and office space fill the west side of 41, while on the east on what it used to be a large parcel of farmland – Newland is developing Waterset, a brand new community.

If they build it as planned, Apollo Beach will swell to more than 66,000 residents. New infrastructure is being built to meet the expected future growth.

Another popular waterfront community is Mira Bay, also developed by Newland. It’s situated on more than 150 acres, the home prices vary from the low $250s to $2 million, plus.

For someone looking to buy a waterfront home, Apollo Beach and Ruskin are the two areas with relatively affordable prices. The average waterfront home in Apollo Beach is around $550,000.

Starter homes and investment properties are also available, some in Covington Park (B properties) and some in the older Apollo Beach communities (C properties).

Sale and Rent Prices (2020)

  • $305,247, 2% One Year Price Increase
  •  $1550 Average Rent

About the author

Jana Christo is a business owner, real estate investor, and property manager. She has 16 years of experience in most areas of real estate.
During the last recession, she was also the managing partner for a company that bought and rehabbed properties from the court foreclosure auctions. Today, she manages her own portfolio of rental properties and shares her experience on Rentce.com.

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