Lake Sheffield
Homes for Sale in St. Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $376,000, $287 per square foot, a median 162 days on market, sellers accepting 93% of original asking. At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $7,290 ($6,480 with the full homestead exemption).
| Location | St Petersburg, Pinellas County, FL · ZIP 33710 |
|---|---|
| Homes in the community | 757 (FL DOR 2025 assessment roll) |
| Years built | 1921–2024 (median 1957) |
| Typical living area | 1,383 sq ft (median) |
| Sale prices, last 12 months | $376,000 median across 3 closed sales · $287 per sq ft |
| Days on market (closed sales) | 162 median |
| Owner-occupied (homestead) share | 69% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2010 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Lake Sheffield 2Nd Sec key facts,” movewithmomentum.com/neighborhoods/lake-sheffield-2nd-sec, data as of September 20, 2026.
Lake Sheffield 2Nd Sec is an older St Petersburg pocket where the housing stock spans more than a century, from 1921 through 2024, with the middle of the range built in 1957. That mix is what sets price here: this is not a spec-built subdivision with comparable floor plans, so condition and updates drive value far more than square footage. With a median living area around 1,383 square feet, most of what trades is modest in size, and the spread between a tired original home and a renovated one can be wide.
At roughly 69% homestead, a majority of these homes are owner-occupied rather than held as rentals or second homes, which tends to keep turnover measured. For a seller, that means pricing to condition and letting recent, truly comparable sales lead. For a buyer, it means underwriting the house in front of you on its own merits — age, systems, and updates — rather than assuming the median tells you what any single home is worth.
Nearby homes for sale
No active listings inside Lake SheffieldHomes for Sale in St. Petersburg, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Lake Sheffield market snapshot (as of September 20, 2026): the median sale price is about $376K ($287 per sq ft over the trailing 12 months of closed sales), and a median 162 days on market for closed sales.
In ZIP 33710 (St Petersburg), 632 homes closed in the last 12 months at a median of $411K ($315/sq ft), down 0.9% year over year, with a median 44 days on market. Right now 142 active and 40 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 33710 housing market and the Pinellas County market.
County records show 51 qualified sales in Lake Sheffield across 2024–2025 (31 in 2024, 20 in 2025), median $375,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Lake Sheffield is a community of 757 homes in St Petersburg, Pinellas County, built between 1921 and 2024 (median 1957), with a median living area of about 1,383 square feet. 69% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is an established, owner-heavy stretch of St Petersburg in Pinellas County, built out over generations rather than in one wave, so no two blocks read exactly alike.
Who Lake Sheffield is best for.
Best for
- Buyers who want an established St Petersburg location and will judge a home by its condition, not a formula
- Renovation-minded buyers with budget and appetite to update an older home to current standards
- Owner-occupants planning to stay put in a compact, well-kept house rather than trade up quickly
Probably not for
- Buyers set on a large floor plan well above the roughly 1,383-square-foot median
- Anyone wanting turnkey new construction with uniform finishes across the street
- Investors expecting quick flips in an area where owners tend to hold and inventory is measured
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($376K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2010 through 2026. Deemed reliable but not guaranteed.
26% of homes for sale in ZIP 33710 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 (2026-09-20).
Housing distress & ownership in Lake Sheffield 2Nd Sec, St Petersburg
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
The Lake Sheffield buying strategy.
If we were buying in Lake Sheffield today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lake Sheffield.
Condition, not size, is the variable
With a build range running from 1921 to 2024 and the median home dating to 1957, the practical question in Lake Sheffield 2Nd Sec is how much work a given house has had. A near-century-old home that has been reworked to the studs lives very differently from an unrenovated one of the same vintage, and the price gap between the two reflects that. Roof age, electrical, plumbing, and any storm or flood history in this coastal county deserve close attention on the older end of the range.
Footprints here are generally compact, with a median around 1,383 square feet, so buyers wanting more space should expect to look hard or plan to add on. The high homestead share suggests homes tend to stay in hands for a while, which can limit how many quality options are on the market at any one time. Patience and readiness to move on the right updated listing both matter.
The location and the amenities are priced into every listing in Lake Sheffield. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this varied by age and condition, the median price is a starting point, not an answer. We underwrite each home individually — vintage, systems, updates, and the truly comparable sales nearby — so sellers price to reality and buyers know what they are actually paying for. In older Pinellas stock, that discipline is where the money is made or saved.
Lake Sheffield in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Lake Sheffield buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Sheffield sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Sheffield, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Sheffield home worth?
Get a no-obligation home value based on real comparable sales in Lake Sheffield, 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 Lake Sheffield on the map →
Frequently Asked Questions
What is the median home price in Lake Sheffield?
How long do homes in Lake Sheffield take to sell?
How many homes are in Lake Sheffield?
What share of Lake Sheffield is owner-occupied?
When were the homes in Lake Sheffield built?
Who is the best real estate agent for Lake Sheffield?
How do I find a top St Petersburg real estate agent who knows Lake Sheffield?
Can Momentum Realty connect me with an agent for Lake Sheffield?
Where is Lake Sheffield, and what county is it in?
Should you buy in Lake Sheffield?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (7 streets, ZIP 33710)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2010 (37 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Lake Sheffield 2Nd Sec fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Lake Sheffield. These are the public schools most often assigned to other communities in ZIP 33710; zones change and vary by address, so confirm with the district before you buy.
- Azalea Elementary · Public · FLDOE grade A (assigned to 3 nearby communities)
- Tyrone Middle · Public · FLDOE grade B (assigned to 3 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
More on Lake Sheffield
- Home values · What homes in Lake Sheffield actually sell for
Nearby Communities
Explore more neighborhoods near Lake Sheffield with Momentum Realty’s local guides.