Bay Terrace & Bay Terrace
Homes for Sale in Clearwater, FL

Bay Terrace & Bay Terrace market snapshot (as of September 12, 2026): the median sale price is about $510K ($424 per sq ft over the trailing 12 months of closed sales), a median 35 days on market for closed sales, and 1.2 months of supply, a seller-leaning market. The trailing-12-month median is down 1% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).

In ZIP 33755 (Clearwater), 512 homes closed in the last 12 months at a median of $280K ($242/sq ft), down 5.6% year over year, with a median 52 days on market. Right now 57 active and 18 pending listings put supply at about 3.8 months — a balanced market. See the live ZIP 33755 housing market and the Pinellas County market.

Bay Terrace & Bay Terrace is a community of 90 homes in Clearwater, Pinellas County, built between 1925 and 1988 (median 1953.0), with a median living area of about 1,346 square feet. 61% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Bay Terrace is a small, established Clearwater pocket of about 217 homes where the per-square-foot figure runs high against modest living areas — a sign that location and land, not size, set the value.

With build years running from 1922 to 2022 and a median of 1954, this is a community you underwrite house by house. Two homes at the same address on paper can be worlds apart in practice: one an original 1950s cottage, the next a recent rebuild. The median living area near 1,347 square feet keeps footprints compact, so the roughly $448 median per square foot reflects the value of being here rather than the value of extra room. Read every listing on its own condition and systems, not on the community average.

Owner-occupancy sits at about 57% homesteaded, which points to a stable core of long-held homes alongside a meaningful non-homestead share. With only 8 closings in the snapshot window and a 57-day median, this is a thin, slow-turning market where comparable sales are limited — another reason pricing here rewards a careful, property-specific read over broad assumptions.

In a thin market with wide variation in age and condition, the community median only takes you so far. We price and evaluate each home on its own systems, updates, and lot — and in a balanced market with room to negotiate, that granular read is what protects you on both sides of the table.

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