Bayway Isles Unit 1
Homes for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County
183 homesBuilt 1965–2024Median sale $2M
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Live Market Pulse
31/100
Market Heat
Cooler than normal
2013 → 2026 · 83 at the 2022 peak
0 is Bayway Isles Unit 1's coldest market since 2013, 100 its hottest. Today: 31. How it's scored
Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Bayway Isles Unit 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$2M
Median sold · 12 mo
down 10.1% vs the prior 12 months
-10.1%
1-yr price change
n = 11 and 13 sales in the two windows
$609/sf
Sold $/sqft · 12 mo
peak $609 in 2026
89.7%
Sale vs ask
Pinellas median: 93.4%
Tempo
131days
Median DOM · closed
27 days at the 2022 low
11
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
80%
Owner-occupied · Bayway Isles Unit 1
148 of 184 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Bayway Isles Unit 1
incl. 9% trust or LLC-held · 8% out-of-state
46%
Cash buyers · Bayway Isles Unit 1
5 of 11 sales, 12 mo ending June 2026
183
Homes in the community
plus 1 vacant residential lots · 184 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1965
Community established
homes built 1965-2024, median 1984 (FL DOR 2025)
10
Failed listings · 2026
peaked at 63 in 2021
3,282sqft
Median sold home size
12-mo windows, closed sales
6.0%/yr
Turnover rate
about 11 of 183 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by land and condition more than by any single vintage. The homes span construction from 1965 through 2024, with a median build near 1983, so on any given street a mid-century original can sit next to a full teardown-and-rebuild. That spread is why the $2,500,000 median tells you the midpoint but not the story — what a buyer pays tracks the quality of the renovation or the value of the lot underneath a dated house.

The market posture is patient. A median of 142 days on market means well-priced, move-in-ready homes still trade, but sellers who lean on ambition rather than condition sit. With only 3 closings in the window, comps are thin, so pricing is an argument built house by house, not pulled off a chart. Buyers have room to negotiate on anything that has lingered; sellers need to be right on price the first time.

Bayway Isles Unit 1 Housing Pulse · Momentum Research · as of July 15, 2026

Bayway Isles Unit 1 right now

🔴 Off the recent peak. The trailing-12-month median ($2M) is down 10.1% from the prior 12 months ($2.23M). With about 7 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 July 15. Confidence: Medium (11 and 13 sales in the two windows).

What's unique here: the median sale price is about 5x the typical Pinellas County sale ($2M vs $390K, trailing 12 months, Stellar MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Bayway Isles Unit 1 market snapshot (as of July 15, 2026): the median sale price is about $2M ($609 per sq ft over the trailing 12 months of closed sales), and a median 131 days on market for closed sales. The trailing-12-month median is down 10% from the prior 12 months, computed from record-level Stellar MLS closed sales (11 closings in the current window).

Bayway Isles Unit 1 is a community of 183 homes in St Petersburg, Pinellas County, built between 1965 and 2024 (median 1984), with a median living area of about 3,721 square feet. 80% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Bayway Isles Unit 1 is a small, established waterfront-oriented enclave in St Petersburg's Pinellas County, where a high homestead share and a long build range mean most homes are lived-in rather than turned over quickly.

Best for

  • Buyers with a seven-figure budget who want a large home and are prepared to pay for location and finish
  • Long-hold owners who value an established, low-turnover setting over quick resale
  • Renovation-minded buyers willing to take on an older home for the lot and rebuild potential

Probably not for

  • Buyers who need to move quickly and dislike a market where homes can sit past four months
  • Bargain hunters expecting entry-level pricing rather than a high-median waterfront segment
  • Anyone wanting deep comp data and predictable pricing from a high volume of recent sales

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($2M) IS the median in the snapshot above, and the move from 2025 ($2.23M) IS the -10.1% one-year change.

Windows contain 1 to 14 sales each (11 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 %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$1M$2M20122014201620182020202220242026
Down 10.1% year over year.
Every sale since 2006 · price vs size
$0$2M$4M$6M2k4k6k
104 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$400$60020122014201620182020202220242026
Up from $195 in 2012 to a $609 peak in 2026; $609 now.
Median days on market · closed sales
10020020122014201620182020202220242026
27 days at the 2022 low; 131 now.
Sale price vs original ask · median
80%85%90%95%20122014201620182020202220242026
89.7% now vs Pinellas 93.4%.
Homes sold per 12-mo window
05101520122014201620182020202220242026
1 to 14 a year; 11 in the current window.
Sellers who gave up · failed listings per year
02040602004200820122016202020242026
Canceled, expired, or withdrawn. 63 quit in 2021; 10 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
83 at the 2022 peak, 23 in the troughs, 31 now. Same score as the hero card, full history.

If we were buying in Bayway Isles Unit 1 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Bayway Isles Unit 1.

Best Buy
Buyers seeking a substantial home on an established St Petersburg waterfront footprint.
Biggest Risk
Thin comps — only 3 recent closings — make pricing an argument, not a lookup.
Sweet Spot
A well-renovated or recently rebuilt home priced honestly to its condition.
Avoid If
You need a fast, liquid market or a turnkey home at a bargain.

A condition-driven market on a fixed footprint

With 132 homes and roughly 81% carrying a homestead exemption, inventory here is naturally tight — most owners are settled, not cycling. That keeps the number of listings low and makes each sale carry outsized weight in setting the next one. The median living area of about 3,432 square feet points to substantial houses, and at a median of roughly $739 per square foot, you are paying for location and finish, not square footage alone.

Because the housing stock ranges from 1965 to 2024, due diligence matters more than in a uniform subdivision. A buyer should weigh an older home's systems, roof, and flood posture against a recent rebuild's premium, and read the per-square-foot figure through the lens of condition. The long median days on market is your leverage: there is usually time to inspect thoroughly and structure an offer without a bidding-war clock.

The location and the amenities are priced into every listing in Bayway Isles Unit 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.9C- · Buy Score
Recent Direction3.5/10
Owner Commitment8.0/10
Pricing Power3.1/10

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 (4.9). Basis: Recent Direction -10.1% year-over-year; Owner Commitment 80% owner-occupied; Pricing Power 89.7% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market with only 3 recent closings and a wide range of build years, price is negotiated one property at a time. We build the comp argument from condition, lot, and waterfront position rather than a broad average, and we know which listings have earned their asking price and which have simply sat. That distinction is where deals are won or lost here.

Bayway Isles Unit 1 in 15 seconds.

Best forBuyers seeking a substantial home on an established St Petersburg waterfront footprint.
Biggest advantageA tight, settled enclave where owners tend to stay and inventory rarely floods.
Biggest riskThin comps — only 3 recent closings — make pricing an argument, not a lookup.
Sweet spotA well-renovated or recently rebuilt home priced honestly to its condition.
Avoid ifYou need a fast, liquid market or a turnkey home at a bargain.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bayway Isles Unit 1 sales matched to your home.

What is your Bayway Isles Unit 1 home worth?

Get a no-obligation home value based on real comparable sales in Bayway Isles Unit 1, 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 Bayway Isles Unit 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Bayway Isles Unit 1?
The median sale price in Bayway Isles Unit 1 was $2M over the 12 months ending July 15, 2026 (11 closed sales, Stellar MLS).
How long do homes in Bayway Isles Unit 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 131 days on market (11 sales, Stellar MLS).
How many homes are in Bayway Isles Unit 1?
The Florida DOR 2025 assessment roll shows 183 homes plus 1 vacant residential lots in Bayway Isles Unit 1 (public records).
What share of Bayway Isles Unit 1 is owner-occupied?
80% of Bayway Isles Unit 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Bayway Isles Unit 1 built?
Homes in Bayway Isles Unit 1 were built between 1965 and 2024, with a median year built of 1984 (FL DOR 2025 roll).
Do cash buyers compete in Bayway Isles Unit 1?
Cash buyers took 46% of Bayway Isles Unit 1 sales in the 12 months ending June 2026 (5 of 11 closings, Stellar MLS).
Who is the best real estate agent for Bayway Isles Unit 1?
The best agent for Bayway Isles Unit 1 is one who actively works St Petersburg and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Bayway Isles Unit 1.
How do I find a top St Petersburg real estate agent who knows Bayway Isles Unit 1?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Bayway Isles Unit 1 and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Bayway Isles Unit 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Bayway Isles Unit 1 purchase or sale - no call center and no pressure.
Buyers with a seven-figure budget who want a large home and are prepared to pay for location and finishExcellent fit
Long-hold owners who value an established, low-turnover setting over quick resaleExcellent fit
Renovation-minded buyers willing to take on an older home for the lot and rebuild potentialExcellent fit
Buyers who need to move quickly and dislike a market where homes can sit past four monthsProbably not
Bargain hunters expecting entry-level pricing rather than a high-median waterfront segmentProbably not
Anyone wanting deep comp data and predictable pricing from a high volume of recent salesProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (8 streets, ZIP 33715))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (104 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 your area comps.

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