The Beacon on 3rd Street in St. Petersburg

The Beacon on 3rd Street Homes for Sale in St. Petersburg, FL

Downtown condo high-rise · St. Petersburg, Pinellas County · ZIP 33701

A mid-century high-rise condo in downtown St. Petersburg, a 1963 landmark with a rooftop pool steps from the Dali.

Downtown high-riseRooftop pool and gymWalk to the Pier and Dali
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
The Beacon on 3rd is a downtown condo high-rise, so the unit, the floor and view, and the association, not a community average, decide the buy.
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Unlock Off-Market The Beacon on 3rd Street

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseStellar MLS
n/a
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"The Beacon on 3rd Street is a mid-century high-rise condominium in the heart of downtown St. Petersburg, built in 1963 as Carlton Towers and converted to condos in 2005, so the read is by unit rather than one number: 183 units from studios to two bedrooms in a distinctive Y-shaped tower with a rooftop pool, lounge, and gym, around-the-clock security, and assigned parking, steps from the Dali Museum and the waterfront. The unit, the floor, the view, the condition, and the association budget and rules drive value. Your leverage is matching the unit and view to real comps and reading the association budget, with the downtown-walkable, near-waterfront location and the rooftop amenities as the draws."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

The Beacon on 3rd Street is a mid-century high-rise condominium at 470 3rd Street South in the heart of downtown St. Petersburg, Pinellas County, built in 1963 as Carlton Towers and converted to condominiums in 2005 (downtown St. Petersburg condo and listing sources, 2026).

The 183-unit building has a distinctive Y-shaped configuration that maximized views and natural light, with floor plans from studios to two-bedroom units. Amenities include a rooftop pool and lounge with hardscaping for entertaining, a modern gym, around-the-clock security, and assigned parking. It is steps from many downtown spots, including the Dali Museum and the University of South Florida St. Petersburg.

This is a downtown high-rise, association-driven market, so the money is made or lost on the unit, the floor, the view, the condition, and the association budget and rules, not the headline price.

The pitch is walkable downtown St. Pete living in a landmark tower with a rooftop pool, steps from the waterfront, the Pier, and the museums. The work is sorting the unit, floor, and view, reading the association budget, reserves, and rules, judging condition, and pricing against real comps before you offer.

Best for

  • Buyers who want a walkable downtown St. Pete condo
  • Buyers who value a rooftop pool, a gym, and security
  • Downsizers and lock-and-leave buyers near the waterfront
  • Buyers who want to walk to the Pier, the Dali, and dining

Probably not for

  • Buyers who want a detached single-family home with a yard
  • Anyone unwilling to read a condo association budget and rules
  • Buyers who want new construction with a warranty
  • Buyers who want a large private lot

How The Beacon on 3rd Street is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
56Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current The Beacon on 3rd Street listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in The Beacon on 3rd Street buys, holds, and resells. See the five factors.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take
  • A rooftop pool and lounge
  • A modern gym
  • Around-the-clock security
  • Assigned parking
  • A landmark 1963 Y-shaped tower

The Beacon on 3rd Street is a mid-century high-rise condominium in the heart of downtown St. Petersburg, built in 1963 as Carlton Towers and converted to condos in 2005. The 183-unit Y-shaped tower offers studios to two-bedroom units with a rooftop pool and lounge, a modern gym, around-the-clock security, and assigned parking, steps from the Dali Museum, USF St. Petersburg, the Pier, and the waterfront. Because the association budget and rules on the 1963 building are central, confirm the unit, floor, and view, the dues, reserves, assessments, and milestone-inspection status, the parking, and the rules before you buy.

The takeaway

The Beacon on 3rd pairs a landmark downtown tower with a rooftop pool steps from the Dali, the Pier, and the waterfront, the walkable-downtown case in St. Petersburg, subject to reading the 1963-building association.

The Dali Museum~1 to 5 min · waterfront museum
St. Pete Pier~3 to 8 min · waterfront attraction
Downtown St. Petersburg dining~1 to 5 min · restaurants and shops
USF St. Petersburg~2 to 6 min · campus
Interstate 175 and I-275~3 to 8 min · regional access
Tampa International Airport~25 to 35 min · via I-275
St. Pete Beach and the Gulf~20 to 30 min · beaches

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near The Beacon on 3rd Street Homes for Sale in St with Momentum Realty’s local guides.

BRThe Beacon on 3rd Street Homes for Sale in StSt. Petersburg, FL · 0.2 miMSMadisonat StSt. Petersburg, FL · 0.2 miAHArt House Homes for Sale in StSt. Petersburg, FL · 0.2 miSASaltaireSt. Petersburg, FL · 0.2 miRCThe Residencesat 400 Central Homes for Sale in StSt. Petersburg, FL · 0.2 miCD400 Central,Downtown StSt. Petersburg, FL · 0.2 miFLFlori de LeonSt. Petersburg, FL · 0.3 miCACastilleUrbanaSt Petersburg, FL · 0.4 miNOThe NolenSt. Petersburg, FL · 0.4 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
The Beacon on 3rd Street (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

The Beacon on 3rd Street is served by Pinellas County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Pinellas County Schools (verify by address)

Verifyrating
By address

Confirm zoned elementary, middle, and high

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any The Beacon on 3rd Street address.

The takeaway

What is actually shaping value at The Beacon on 3rd Street: strong demand for walkable downtown St. Pete condos, the landmark tower and rooftop amenities, and the condo-association dynamics of a 1963 building. Each item is sourced and linked.

Recent Developments in The Beacon on 3rd Street

Our read on what is being built around The Beacon on 3rd Street, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishWalkable downtown demand supports value, with the watch items being reserves, the milestone inspection, and any assessments on the 1963 building.

Walkable downtown location

Ongoing
BullishMajor impact
SignificanceRadius: Area

A location steps from the Dali, the Pier, the waterfront, and downtown dining underpins strong, durable demand.

Landmark tower and rooftop pool

Ongoing
BullishNotable impact
SignificanceRadius: Community

A distinctive 1963 landmark tower with a rooftop pool and lounge is a draw that supports value.

1963-building association budget

Ongoing
NeutralMajor impact
SignificanceRadius: Community

On a 1963 building, the dues, reserves, milestone inspection, and any assessments are central to value and must be verified per unit.

Around-the-clock security and parking

Ongoing
BullishNotable impact
SignificanceRadius: Community

Security and assigned parking add value in a downtown high-rise.

Florida condo-law compliance

Ongoing
NeutralNotable impact
SignificanceRadius: Community

Milestone inspections and reserve studies under Florida condo law affect costs on older buildings and should be confirmed.

Near the Dali and USF St. Pete

Ongoing
BullishMinor impact
SignificanceRadius: Area

Proximity to the Dali Museum and USF St. Petersburg adds everyday and cultural value.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting The Beacon on 3rd Street, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. January 2026
    Market

    The Beacon on 3rd remains a downtown St. Pete landmark condo

    The Beacon on 3rd Street is described as a mid-century high-rise at 470 3rd Street South built in 1963 as Carlton Towers and converted to condos in 2005, with 183 units, a rooftop pool, a gym, security, and a location steps from the Dali Museum. Why it matters: A landmark tower steps from the waterfront keeps the building in strong demand. Source

  2. January 2025
    Civic

    Florida condo-law reserves shape older-building carrying costs

    Statewide, Florida condominium reserve and milestone-inspection requirements have shaped dues and special assessments across older condo buildings, making the association budget central to value. Why it matters: Buyers should verify reserves, the reserve study, the milestone inspection, and any assessments for the specific Beacon unit. Source

Development alerts for The Beacon on 3rd StreetGet a short monthly email when something new is approved, funded, or opens near The Beacon on 3rd Street.

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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.

If we were buying in The Beacon on 3rd Street, this is the order of operations we would run, and the one we run for our clients.

1

Sort the unit, floor, and view first. The Beacon is a high-rise, so the floor, the view, and the unit drive value.

2

Read the condo association budget. Verify the dues, the reserves, the inclusions, any special assessments, and the milestone-inspection and reserve-study status on the 1963 building.

3

Confirm the rules. Verify any pet and rental restrictions and the parking assignment for the specific unit.

4

Judge the unit by condition. Read the systems and any updates for the specific condo.

5

Use the downtown context, and cross-shop other downtown condos such as 400 Central.

Best Buy
A well-kept unit with a good floor and view in a well-funded association matched to comps
Biggest Risk
Underreading the reserves, assessments, and rules on a 1963 building
Best Lot
A higher floor with a water or city view over a lower, lesser view
Smart Timing
Confirm the association budget, reserves, and milestone-inspection status before you offer
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Homes

Type

Condo high-rise units

Units

183, studios to two bedrooms

Era

Built 1963, condos since 2005

Design

Distinctive Y-shaped tower

Costs & Fees

Dues

Cover the building, pool, and security

Reserves

Verify reserves and milestone inspection

Worth noting

Confirm assessments and rules

Amenities

Pool

Rooftop pool and lounge

Fitness

Modern gym

Security

Around-the-clock security

Parking

Assigned parking

Location

Area

St. Petersburg, Pinellas County, ZIP 33701

Access

I-175 and I-275

Nearby

Dali Museum, the Pier, and the waterfront

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Studio or Lower Floor

The studios and lower-floor units, the affordable way into the downtown landmark tower.

Lowest entry
The View Unit

The higher-floor units with water or city views, the heart of the resale market here.

Most inventory
The Top

The most updated higher-floor units with the best views in a well-funded association, the ones that hold value best.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

The Studio or Lower Floor
The studios and lower-floor units, the affordable way into the downtown landmark tower.
The View Unit
The higher-floor units with water or city views, the heart of the resale market here.
The Top
The most updated higher-floor units with the best views in a well-funded association, the ones that hold value best.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Golf and lake lots resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Location within St. PetersburgStrong
Established communityPositive
HOA and CDD postureConfirm per parcel
Home condition and systemsVerify per home
Flood read per lotVerify per address

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in The Beacon on 3rd Street

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Ignoring the optional club cost
  • Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

The landmark tower, the rooftop pool, and the downtown location are the draw; the units and the association vary. The deal is won or lost on the unit, the view, and the association budget and rules.

Jon Brooks · Founder, Momentum Realty
7.6B+ · Buy Score
Resale Strength7.6/10
Renovation Risk4.6/10
Location Efficiency9.2/10
Long-Term Defensibility7.4/10
Carrying Cost Advantage5.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on The Beacon on 3rd Street is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take
  • Higher floors with water or city views hold value best
  • Lower, lesser-view units trade at a discount
  • A well-funded association protects value
  • Verify reserves and the milestone inspection on the 1963 building
  • Read the unit and the association before the finishes

In a downtown high-rise, the unit, the floor and view, and the health of the association are the part of your money the market protects. Higher-floor, view units in well-funded associations hold value better than lower, lesser-view units or buildings with thin reserves, and the landmark tower, the rooftop pool, and the steps-from-the-waterfront location are durable draws. The unit can be updated; the building, the view, and the association picture cannot. Read the unit, the view, and the association budget, reserves, and milestone inspection first, then price the condition against comparable downtown condo sales.

The Beacon on 3rd Street in 15 seconds.

Best forBuyers who want a walkable downtown St. Pete condo with a rooftop pool steps from the Dali.
Biggest advantageA landmark tower, rooftop pool and gym, security, and a steps-from-the-waterfront location.
Biggest riskThe 1963-building association budget, reserves, and milestone inspection to verify per unit.
Sweet spotA well-kept unit with a good floor and view in a well-funded association, matched to comps.
Avoid ifYou want a detached home, new construction, or a large lot, or you will not read the association.

Condo Dues, Reserves & Rules

15-Second Take
  • Condo dues cover the building, pool, and security
  • Verify reserves and the reserve study
  • Confirm the milestone-inspection status on the 1963 building
  • Check any pet and rental rules and parking
  • The association budget is central to value

The Beacon on 3rd Street is a condo high-rise where monthly dues cover the building, the rooftop pool and amenities, security, and certain utilities. On a 1963 building, confirm the current dues, the reserves and reserve study, any special assessments, the milestone-inspection status, and the inclusions for the specific unit, because the association budget is central to value.

Condo dues fund the building exterior, the rooftop pool and lounge, the gym, security, common areas, and certain utilities. Verify the exact dues, reserves, assessments, milestone-inspection status, and inclusions for the specific unit.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In The Beacon on 3rd Street, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping 400 Central, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your The Beacon on 3rd Street home worth?

Get a no-obligation home value based on real comparable sales in The Beacon on 3rd Street matched to your condition, lot, and view, 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 The Beacon on 3rd Street on the map →
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Real comps, not a Zestimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Pinellas County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,026/mo
Pinellas County typical true cost to own
$159/mo
Pinellas County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

The Beacon on 3rd Street Market Scorecard

Thin data

The Beacon on 3rd Street is currently a thin data. Limited supply, a median asking price of n/a.

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Months supply
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Median list
n/a
Median sold
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Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Go deeper: true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is The Beacon on 3rd Street?
The Beacon on 3rd Street is a downtown condo high-rise at 470 3rd Street South in St. Petersburg, Pinellas County, ZIP 33701.
What is the history of The Beacon?
It was built in 1963 as Carlton Towers, the tallest building in downtown St. Petersburg at the time, with a distinctive Y-shaped design, and converted to condominiums in 2005.
What kind of units are in The Beacon?
183 units with floor plans from studios to two-bedroom units in a high-rise tower.
What amenities does The Beacon have?
A rooftop pool and lounge, a modern gym, around-the-clock security, and assigned parking.
What does the condo association cover?
Dues cover the building, the rooftop pool and amenities, security, and certain utilities. On the 1963 building, confirm reserves, the reserve study, any assessments, and the milestone-inspection status for the specific unit.
What is near The Beacon?
The Dali Museum, the University of South Florida St. Petersburg, the St. Pete Pier, the waterfront parks, and downtown dining are all close by.
Are pets and rentals allowed at The Beacon?
Confirm any pet and rental restrictions with the association for the specific unit, as these vary.
Does The Beacon flood?
Run the FEMA flood zone and confirm the association's master flood coverage for the building and the specific unit.
Is The Beacon a good value?
A walkable downtown landmark condo with a rooftop pool steps from the waterfront supports demand, with value driven by the unit, the view, the condition, and the association's budget on the 1963 building. This is not a guarantee of future value.
What should I check before buying in The Beacon?
The unit, floor, and view, the dues, reserves, assessments, and milestone-inspection status, the parking, and the rules.
Who is the best real estate agent for Beacon on 3rd St the?
The best agent for Beacon on 3rd St the is one who actively works St. Petersburg and knows the community's pricing, HOA and CDD details, 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 Beacon on 3rd St the.
How do I find a top St. Petersburg real estate agent who knows Beacon on 3rd St the?
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 Beacon on 3rd St the and the wider St. Petersburg area.
Can Momentum Realty connect me with an agent for Beacon on 3rd St the?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Beacon on 3rd St the purchase or sale - no call center and no pressure.
Buyers who want a walkable downtown St. Pete condoExcellent fit
Buyers who value a rooftop pool, a gym, and securityExcellent fit
Downsizers and lock-and-leave buyers near the waterfrontExcellent fit
Buyers who want to walk to the Pier, the Dali, and diningExcellent fit
Buyers who will read the condo association budget and rulesExcellent fit
Buyers who want a detached single-family home with a yardProbably not
Anyone unwilling to read a condo association budget and rulesProbably not
Buyers who want new construction with a warrantyProbably not
Buyers who want a large private lotProbably not
Buyers who want a no-association structureProbably not

Get the inside read on The Beacon on 3rd Street

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your The Beacon on 3rd Street home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty The Beacon on 3rd Street specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in The Beacon on 3rd Street — what to look for, questions to ask, and your local expert.
Stellar MLS logoMLS GRID logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

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