Did you know this happens? A waterspout appears to be a tornado, but is actually a water formation that occurs over the ocean. The clouds don't literally suck the water into the air, it's a beam of condensation. It is possible for them to turn into a weak tornado once they've touched land. It was reported that this one did hit someone's house, causing some minor damage.

We've included a couple different videos of the spout below, and one of the beginning formation.

http://dailypicksandflicks.com/2013/07/10/spectacular-waterspout-in-tampa-bay-video/