Clearwater & other areas to invest in greater Tampa

[Nake Grewal]

Hi All,

I'm an out of state investor looking to make investments in the greater Tampa area, and was hoping to connect and hear people's thoughts on what areas might be a good starting place to look. 

I'm still learning the area, but after speaking with some property managers I've been looking mostly in Clearwater and Brandon. Any thoughts/knowledge folks have on those sub-markets would be much appreciated as well.

Thanks in advance!

[Dan Maciejewski]

In Pinellas, I like to stay West of Alt 19.  Whether Largo, Seminole, Clearwater, etc. There's a ton of demand, and generally rents can be a bit higher due to the proximity to the beaches.  

St Pete is its own animal but there is a ton of demand the closer you get to downtown.  And there will be -- at some point -- the redevelopment of the Tropicana Field.  That will bring more people in.  And whatever housing is designated as "affordable" will still be pretty high as it will be new construction.