Bay Pines Lakes
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 $530,000, $247 per square foot, a median 56 days on market, sellers accepting 93% of original asking (-1% versus the prior year). At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $10,270 ($9,460 with the full homestead exemption).
The story here is condition and vintage, not location alone. With a median build year of 1980 and a span running from 1952 all the way to 2022, what you pay in Bay Pines Lakes Ph 1 tracks closely to how much work a given home has already had done. The median sits at $533,250, or about $281 per square foot on a typical footprint just over 2,000 square feet — but that median masks a wide spread between untouched original homes and fully renovated ones.
At a median of roughly 42 days on market, this is not a frenzied market where you write blind and hope. Buyers have time to inspect, compare, and negotiate on condition. Sellers, in turn, should price to the home's actual state rather than the neighborhood's top comp — the days-on-market figure rewards realistic pricing and punishes aspirational numbers.
Figures in this note are as of July 13, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Bay Pines Lakes right now
🟡 Off the recent peak. The trailing-12-month median ($530K) is down 1.2% from the prior 12 months ($536K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 18, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside Bay Pines LakesHomes 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
Bay Pines Lakes market snapshot (as of September 20, 2026): the median sale price is about $530K ($247 per sq ft over the trailing 12 months of closed sales), and a median 56 days on market for closed sales. The trailing-12-month median is down 1% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).
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.
County records show 6 qualified sales in Bay Pines Lakes across 2024–2025 (4 in 2024, 2 in 2025), median $716,700 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Bay Pines Lakes is a community of 119 homes in St Petersburg, Pinellas County, built between 1952 and 2022 (median 1980), with a median living area of about 2,062 square feet. 82% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Bay Pines Lakes Ph 1 is a small, established St Petersburg community of 119 homes in Pinellas County, where a high owner-occupancy share and a decades-wide range of build years mean each sale really has to be read on its own merits.
Who Bay Pines Lakes is best for.
Best for
- Buyers around the mid-$500s median who can weigh a home's condition and factor updates into their offer
- Owner-occupants seeking an established, low-turnover St Petersburg community rather than a high-churn investment street
- Renovation-minded buyers willing to take on an older home to build value through improvements
Probably not for
- Buyers who need a strictly new-construction, zero-maintenance home
- Investors chasing quick flips or high rental turnover in a heavily owner-occupied community
- Anyone needing a fast, no-contingency close, given the roughly 42-day typical time on market
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 ($530K) IS the median in the snapshot above, and the move from 2025 ($536K) IS the -1.2% one-year change.
Windows contain 0 to 4 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 2006 through 2026. Deemed reliable but not guaranteed.
16% of homes for sale in ZIP 33702 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).
The Bay Pines Lakes buying strategy.
If we were buying in Bay Pines Lakes 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 Bay Pines Lakes.
A condition-driven market on a fixed footprint
With only 119 homes and a median vintage of 1980, inventory here is finite and largely mid-century-through-early-2000s stock, with a handful of homes built as recently as 2022. The practical takeaway: two homes on the same street can price very differently depending on roof, systems, kitchens, and whether the original floor plan has been opened up. The $281 per-square-foot median is a starting reference point, not a rule.
The homestead share of about 82% tells you this is predominantly an owner-occupied community rather than an investor block. That tends to mean homes turn over less frequently and are maintained as primary residences — a stability worth factoring in when only a few closings define the recent window.
The location and the amenities are priced into every listing in Bay Pines Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Bay Pines Lakes buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.4). Basis: Recent Direction -1.2% year-over-year; Owner Commitment 82% owner-occupied; Pricing Power 92.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a small community where a thin number of recent closings sets the tone, pricing is more art than arithmetic — and condition drives everything. We walk the home, weigh it against the actual comparable sales rather than the headline median, and build a number that reflects what a buyer is really paying for here. On the buy side, that same discipline keeps you from overpaying for cosmetics or underestimating deferred maintenance.
Bay Pines Lakes 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 Bay Pines Lakes 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 Bay Pines Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Bay Pines Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Bay Pines Lakes home worth?
Get a no-obligation home value based on real comparable sales in Bay Pines Lakes, 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 Bay Pines Lakes on the map →
| Location | St Petersburg, Pinellas County, FL · ZIP 33702, 33708 |
|---|---|
| Homes in the community | 119 (FL DOR 2025 assessment roll) |
| Years built | 1952–2022 (median 1980) |
| Typical living area | 2,062 sq ft (median) |
| Sale prices, last 12 months | $530,000 median across 3 closed sales · $247 per sq ft · -1.2% vs the prior 12 months |
| Days on market (closed sales) | 56 median |
| Owner-occupied (homestead) share | 82% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Bay Pines Lakes key facts,” movewithmomentum.com/neighborhoods/bay-pines-lakes-ph-1, data as of September 20, 2026.
Housing distress & ownership in Bay Pines Lakes Ph 1, 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.
More St Petersburg home searches
- All homes for sale in St Petersburg, FL
- Homes for sale in Pinellas County, FL
- St Petersburg pool homes for sale
- St Petersburg waterfront homes for sale
- Gated communities in St Petersburg
- St Petersburg golf course homes
- Homes under $300K in St Petersburg
- Homes from $300K to $500K in St Petersburg
- 4-bedroom homes for sale in St Petersburg
- St Petersburg home values: what is my house worth?
Email me new listings in Bay Pines LakesHomes for Sale
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Bay Pines LakesHomes for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Bay Pines LakesHomes for Sale will answer, and the answer is published on this page for the next buyer.
Recent Developments in Bay Pines Lakes Ph 1
Development, infrastructure, retail, and school activity affecting Bay Pines Lakes Ph 1, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Development
ClearView apartments complete at $1 billion Echelon City Center in St. Petersburg
The 363-unit ClearView community, with ground-floor retail, is complete within the Echelon City Center development by Third Lake Partners and Echelon. A 3rd & 3rd residential high-rise with ground-floor retail is expected to open in the first quarter of 2027.
What it may mean for the marketNew downtown apartments and walkable retail add rental inventory and amenities in central St. Petersburg. The site is about 3 miles north of Bay Pines Lakes Ph 1.
Source: Tampa Bay Business and Wealth - September 2026Development
Carbon dioxide terminal planned at Seaport Manatee for proposed biomethanol plant
Aptamus Carbon Solutions will plan a CO2 terminal and marine transport system at Seaport Manatee tied to Demeter Energy's proposed biomethanol plant. The plant would produce about 100,000 metric tons of biomethanol and capture about 200,000 metric tons of CO2 yearly. Cost and timeline were not disclosed.
What it may mean for the marketPlanned industrial and port activity could add maritime and industrial employment at the port. The site is about 8 miles southeast of Bay Pines Lakes Ph 1.
Source: Tampa Bay Business and Wealth - July 2026Infrastructure
St. Pete approves temporary downtown dock for Tampa Bay ferry
The St. Petersburg City Council approved a temporary ferry dock on Bayshore Boulevard near the Vinoy in downtown St. Petersburg under a three-year contract costing about 324,200 dollars. Hubbard's Marina will operate cross bay service between downtown St. Petersburg and the Tampa Convention Center, with two vessels running year round. Service is expected to begin in October or November.
What it may mean for the marketEstablishes a temporary downtown dock and cross bay ferry connection, adding a new transit option and waterfront infrastructure serving the downtown St. Petersburg market. The site is about 4 miles northeast of Bay Pines Lakes Ph 1.
Source: FOX 13 Tampa Bay - July 2026Development
St. Pete advances housing plan for nine vacant city lots
The St. Petersburg City Council unanimously approved a first reading of an ordinance to place a measure on the November 3 ballot that would remove nine vacant city lots in Methodist Town from the city's Charter Park and Waterfront Map. The change would allow up to 41 units of affordable or workforce housing, with four lots planned for single family homes and five larger parcels for multifamily housing. The lots have held park designations since 1984 but have remained vacant.
What it may mean for the marketAdvances a plan to convert nine vacant city lots into new single family and multifamily housing, adding to local housing inventory. Placing the parcels on the ballot could open long dormant land for residential construction. The project is about 3 miles north of Bay Pines Lakes Ph 1, elsewhere in Pinellas County.
Source: St Pete Catalyst - July 2026Development
Blake-Related team selected to redevelop 86-acre Historic Gas Plant District
St. Petersburg selected a bid led by Blake Investment Partners, with the Related Group as co-developer, to redevelop the 86-acre Historic Gas Plant District at the Tropicana Field site. The roughly 8.1 billion dollar mixed use plan calls for more than 3,600 income-restricted residential units, a 13-acre central park, and office, retail, hotel and civic space over an estimated 20-year buildout. The developers plan to purchase about 58 acres while the city retains roughly one third.
What it may mean for the marketAdds a large mixed use district with thousands of new residential units, a central park, and office, retail, hotel and civic space to the downtown St. Petersburg market. Redevelopment of the Tropicana Field site reshapes the surrounding property landscape and expands housing supply. The site is about 3 miles north of Bay Pines Lakes Ph 1.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in Bay Pines Lakes?
How long do homes in Bay Pines Lakes take to sell?
How many homes are in Bay Pines Lakes?
What share of Bay Pines Lakes is owner-occupied?
When were the homes in Bay Pines Lakes built?
Who is the best real estate agent for Bay Pines Lakes?
How do I find a top St Petersburg real estate agent who knows Bay Pines Lakes?
Can Momentum Realty connect me with an agent for Bay Pines Lakes?
Where is Bay Pines Lakes, and what county is it in?
Should you buy in Bay Pines Lakes?
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 (4 streets, ZIP 33702/33708)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2006 (28 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Bay Pines Lakes Ph 1 fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Bay Pines Lakes. These are the public schools most often assigned to other communities in ZIP 33702 / 33708; zones change and vary by address, so confirm with the district before you buy.
- Lynch Elementary School · Elementary · FLDOE grade A (assigned to 2 nearby communities)
- Meadowlawn Middle School · Middle · FLDOE grade C (assigned to 2 nearby communities)
- Northeast High School · High · FLDOE grade A (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Nearby Communities
Explore more neighborhoods near Bay Pines Lakes with Momentum Realty’s local guides.