Watermark
Condos for Sale in St Petersburg, FL

Watermark Condo market snapshot (as of September 20, 2026): the median sale price is about $508K ($303 per sq ft over the trailing 12 months of closed sales), a median 195 days on market for closed sales, and 3.0 months of supply, a balanced market.

In ZIP 33702 (St Petersburg), 550 homes closed in the last 12 months at a median of $335K ($274/sq ft), up 2.4% year over year, with a median 56 days on market. Right now 154 active and 30 pending listings put supply at about 4.9 months — a buyer's market. See the live ZIP 33702 housing market and the Pinellas County market.

Watermark Condo is a community of 39 homes in St Petersburg, Pinellas County, built between 1984 and 1986 (median 1985), with a median living area of about 1,660 square feet. 85% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Watermark is a compact 40-unit condo community in St Petersburg with a narrow construction window and a tight square-footage band, so the buying decision here is mostly about a specific unit's condition and setting rather than the building at large.

• Shore Acres Elementary-PN · Elementary
• Meadowlawn Middle-PN · Middle
• Northeast High-PN · High

Zoned schools reflect the assignments reported on recent Watermark Condo listings and can change; always confirm with Pinellas County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Watermark Condo address.

Everything at Watermark was built within a two-year span in the mid-1980s, and the median unit lands at 1,660 square feet. That uniformity is the story: when the bones are this consistent, the spread in what units actually sell for is driven by updates, exposure, and floor level. Read a comp here carefully — the median $507,500 is a center of gravity, not a price you can assume for every unit.

The high homestead share — about 85% — signals a building held largely by owner-occupants rather than investors churning short-term rentals. Paired with the slow 195-day median, that points to a market of deliberate transactions. On a floor plate this small, thin transaction volume also means a single unusual sale can swing the visible numbers, so lean on the actual comps for the unit type you're targeting.

In a 40-unit building with long market times and few closings, the public numbers only get you so far. We track the individual units, their condition and exposure, and the real reasons some sell quickly and others sit — so we can price a listing honestly or tell a buyer whether a given unit's asking price is defensible against its condition and floor.

Listings in this community report association dues of about $1,120 per month ($13,440 a year) — the median AssociationFee across 33 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.