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Tampa: Clearwater Beach
Price: $675,000

This condo -- with access to a putting green and croquet lawn near the white sand beach of Sand Key -- would have sold for more than $900,000 three years ago, says agent Tom Smith of Keller Williams Gulfside Realty.

That's unlikely today, but in the No. 1 state for retirees, Tampa is still an attractive alternative to Florida's pricey East Coast and landlocked central communities, with prices that were 30% to 40% less than Miami's during the boom. Prices are down 22% over last year in Tampa Bay (though hurricane-insurance premiums can add to the cost).

NEXT: Tampa: Davis Islands

Last updated June 12 2009: 9:45 AM ET
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Source: Source: S&P/Case-Shiller Home Price Index
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