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Canvas City Homes WAD in St. Petersburg

Canvas City
Homes WAD Homes for Sale in St. Petersburg, FL

2024 townhome community · Pinellas County · ZIP 33712

A 2024 modern townhome enclave on 5th Avenue South in St. Petersburg's Warehouse Arts District, the residential read for owner-occupiers who want walkable urban design.

Warehouse Arts DistrictNew build 2024Modern townhomes
Live Market Pulse
52/100
Momentum
Buyer-Leaning Market (limited data)
This is a small 10-unit community, so the honest read is the HOA budget, the reserves, the build quality, and the specific unit and exposure, not a townwide average. Confirm every line per unit and per the latest association documents and listing.
Free · No obligation
Unlock Off-Market Canvas City Homes WAD

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
$701K
Median Price
4mo
Supply
7days
Avg DOM
Soft
Seller Leverage
$337/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Canvas City Homes WAD is a small, new-build townhome community rather than a master plan, so the read is a unit-level read: ten three-story modern townhomes completed in 2024 on 5th Avenue South in St. Petersburg's Warehouse Arts District, where the value drivers are the HOA financial health, the reserve funding, the build quality of a young development, and the specific unit, end versus interior, and exposure, not a neighborhood average. As recent construction it should carry fewer near-term deferred-maintenance questions than older St. Pete stock, but a small association means each owner carries a larger share of any shared cost, so the budget and reserve picture has to be read from the current association documents. Its Warehouse Arts District position is the draw and the caveat: the arts-district identity supports a distinct walkable lifestyle, while a transitional urban corridor near Tropicana Field means you should verify the immediate block, parking, and any redevelopment plans for the area. Your leverage is reading the HOA budget, the reserves, and the build documentation honestly before you fall for the design."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Canvas City Homes WAD market snapshot (as of June 25, 2026): the median sale price is about $701K ($337 per sq ft), with homes averaging 7 days on market and 4.0 months of supply, a buyer-leaning market (limited data). Based on 3 recent closings in live Stellar MLS data.

Canvas City Homes WAD is a 10-unit modern townhome community on the 2700 block of 5th Avenue South in St. Petersburg's Warehouse Arts District, built by Tampa-based Sight Development (St Pete Catalyst, 2024; Sight Development project page, 2026). The community officially opened in spring 2024, with industrial-style architecture the developer describes as influenced by the surrounding warehouses that have been converted to artist studios and maker space.

The homes are three-story plans cited at roughly 2,000 to 2,100 square feet with three bedrooms, three and a half baths, and a two-car garage, featuring private yards and balconies (Sight Development project page, 2026; Florida YIMBY, 2022; St Pete Rising, 2022). The property is designed around a shared courtyard and greenspace with collaborative art installations by local artists. Confirm the exact size, bedroom count, and finishes for any specific unit.

Because this is a small community, the money is made or lost on the HOA and the unit, not on the address alone. The drivers are the monthly association dues, the reserve funding, the build quality of a 2024 development, and the specific unit, end versus interior position, and exposure, all of which have to be read from the current association documents and the listing for the exact unit.

The pitch is a walkable arts-district address: the Warehouse Arts District galleries and studios, the SHINE mural corridor, Tropicana Field about a mile away, and downtown St. Petersburg and the Grand Central District are all close. The work is the diligence: read the budget and reserves, confirm what the HOA covers, and verify the immediate block and any area redevelopment plans before you buy the design.

Quick Match

Who Canvas City Homes WAD is best for.

Best for

  • Owner-occupiers who want a new-build townhome in an arts district
  • Buyers who value modern design and low-maintenance urban living
  • Walkability buyers who want galleries, studios, and downtown St. Pete nearby
  • Buyers who will read the HOA budget, reserves, and build documentation closely

Probably not for

  • Buyers who want a single-family home with a large private yard
  • Anyone unwilling to verify HOA dues, reserves, and inclusions per unit
  • Buyers who want an established master-planned community with big amenities
  • Buyers uncomfortable with a transitional urban corridor near the block
Market Pulse

How Canvas City Homes WAD is performing right now

52/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
4Months of supplytight
7Median days on marketdays
0 : 1Under contract vs for salestrong demand
3Sold 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 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Canvas City Homes WAD 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 Canvas City Homes WAD buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Canvas City Homes WAD

Live MLS inventory for Canvas City Homes WAD. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active · 7 daysTop listing
$699,900
3 bd · 3.5 ba · 2,079 sqft · built 2024
2724 5Th Avenue, ST PETERSBURG, 33712
Reno opportunityBest value
Listed by SIGHT REAL ESTATE, LLC

Active and pending Canvas City Homes WAD listings as of 2026-06-25, priced high to low. Listings courtesy of Stellar MLS as distributed by MLS GRID.. Tap any home to ask about it.

Interactive Map

Canvas City Homes WAD on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

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.

Nearby & Commute

How far is everything?

The takeaway

Canvas City Homes WAD trades a large yard for a walkable arts-district address, with the Warehouse Arts District, the Grand Central District, Tropicana Field, and downtown St. Petersburg close and the airport a manageable drive.

Drive and walk times from the community. They are approximate and vary with traffic and your exact routine.

Warehouse Arts District studios and galleries~1 to 5 min · at the door
Grand Central District~3 to 8 min · shops and dining
Tropicana Field and Gas Plant District~3 to 6 min · about a mile away
Downtown St. Petersburg~8 to 12 min · to the east
Interstate 275~3 to 6 min · regional access
St. Pete Pier and waterfront~10 to 15 min · downtown waterfront
Tampa International Airport~25 to 35 min · via the interstate

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

Nearby Communities

Explore more neighborhoods near Canvas CityHomes WAD with Momentum Realty’s local guides.

EHEastRoselawn Homes for Sale in StSt. Petersburg, FL · 0.4 miDCDriftwoodon Central Homes for Sale in StSt. Petersburg, FL · 0.4 miHKHistoric Kenwood(Halls Central Avenue) Homes for Sale in StSt. Petersburg, FL · 0.4 miHCHalls Central Avenue Homes for Sale in StSt. Petersburg, FL · 0.4 miPalmetto Park,StPalmetto Park,StSt. Petersburg, FL · 0.4 miUKUptown Kenwood Homes for Sale in StSt. Petersburg, FL · 0.6 miMMMelrose-Mercy Homes for Sale in StSt. Petersburg, FL · 0.8 miTHTangerine Highlands Homes for Sale in StSt. Petersburg, FL · 0.8 miMHMansfield Heights Homes for Sale in StSt. Petersburg, FL · 0.9 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
Canvas City Homes WAD (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

Canvas City Homes WAD 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
Choice

Magnet and choice options may apply

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any Canvas City Homes WAD address.

The takeaway

What is actually shaping value at Canvas City Homes WAD: the redevelopment of the Tropicana Field site into the Gas Plant District, the growth of St. Petersburg's Warehouse Arts District, and Florida condo and HOA reserve rules that affect small associations. Each item is sourced and linked.

Recent Developments in Canvas City Homes WAD

Development Intelligence

Our read on what is being built around Canvas City Homes WAD, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishArts-district momentum and nearby major redevelopment support the area profile over time, with the watch items being a small association's reserve and assessment picture and the pace and certainty of the Gas Plant District plan.

Tropicana Field and Gas Plant District redevelopment

2024
BullishMajor impact
SignificanceRadius: Area

Major planned redevelopment of the Tropicana Field site about a mile away could reshape the surrounding corridor over time, though the plan has faced uncertainty.

Warehouse Arts District growth and SHINE murals

Ongoing
BullishNotable impact
SignificanceRadius: Community

The district's galleries, studios, and annual mural festival reinforce a distinct walkable arts identity that supports the community pitch.

Small-association reserve and assessment risk

2025
NeutralMajor impact
SignificanceRadius: Community

In a 10-unit HOA each owner carries a larger share of shared costs and any assessment, so the reserve and budget read is essential diligence.

New-build construction versus older stock

Ongoing
BullishNotable impact
SignificanceRadius: Community

As a 2024 development it should carry fewer near-term deferred-maintenance questions than older St. Petersburg housing stock.

Transitional urban corridor

Ongoing
NeutralNotable impact
SignificanceRadius: Community

The 5th Avenue South corridor is a transitional industrial-to-residential area, so the immediate block, parking, and surroundings should be verified per unit.

St. Petersburg insurance and flood pricing

Ongoing
NeutralNotable impact
SignificanceRadius: Area

Florida insurance and flood pricing varies by location and elevation, so quote coverage for the exact unit before you buy.

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 Canvas City Homes WAD, 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. May 2024
    Development

    Canvas City Homes WAD townhomes officially open in the Warehouse Arts District

    St Pete Catalyst reported that Canvas City Homes WAD, a 10-unit townhome community built by Tampa-based Sight Development on 5th Avenue South about a mile from Tropicana Field, officially opened, with pricing reported in the upper-six-figure range. Why it matters: A completed new-build community sets the baseline for resale, but in a small HOA the budget and reserves still have to be read per unit. Source

  2. September 2022
    Development

    Canvas City Homes planned for 5th Avenue South in St. Pete

    Florida YIMBY reported plans for ten three-story townhomes at 2700 5th Avenue South in St. Petersburg's Warehouse Arts District, citing roughly 2,040 to 2,070 square feet, three bedrooms, three and a half baths, and two-car garages. Why it matters: The early plans confirm the unit mix and design intent, useful for reading any specific resale listing against the original program. Source

Development alerts for Canvas City Homes WADGet a short monthly email when something new is approved, funded, or opens near Canvas City Homes WAD.

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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.

The Strategy

The Canvas City Homes WAD buying strategy.

If we were buying in Canvas City Homes WAD, this is the order of operations we would run, and the one we run for our clients.

1

Read the HOA budget and reserves first. In a small 10-unit community, the reserve funding and each owner's share of shared costs drive the real carrying cost more than the dues line alone.

2

Confirm exactly what the HOA covers. The association is cited as covering insurance, ground and structure maintenance, management, water, sewer, and reserves, so verify the current inclusions and any owner responsibilities for the exact unit.

3

Verify the build quality and any warranty. On a 2024 development, confirm the builder, any remaining warranty, and the condition of shared elements before you offer.

4

Pick the unit, position, and exposure. In a small townhome row the unit is the asset, so end versus interior position, light, and the courtyard or street view set value within the community.

5

Check the immediate block and area plans. The Warehouse Arts District is a transitional corridor, so confirm parking, the immediate surroundings, and any nearby redevelopment, including activity around Tropicana Field and the Gas Plant District.

The Quick Decision
Best Buy
An end unit with strong light and a courtyard outlook in a well-reserved HOA
Biggest Risk
A small association underbudgeting reserves and shared-cost surprises
Best Lot
An end position with a private yard and a documented build and warranty read
Smart Timing
Confirm the HOA budget, reserves, and inclusions before you offer
Deep-Dive Intelligence

The full read, only if you want it.

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

Canvas City Homes WAD is a small townhome community rather than a large neighborhood, so the lifestyle is low-maintenance urban living in St. Petersburg's Warehouse Arts District. The developer describes a shared common-area courtyard and greenspace with collaborative art installations for residents, with the district's galleries, studios, and maker spaces, the SHINE mural corridor, the Grand Central District, and downtown St. Petersburg all close by. Inclusions, pet rules, and parking allocations vary, so confirm the current rules and what each unit includes with the association before you buy.

Canvas City Homes WAD Homes For Sale

What your money buys in Canvas City Homes WAD.

The takeaway

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

Here are the broad resale bands in Canvas City Homes WAD today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Entry Unit
$696K to $701K

An interior townhome, the more affordable way into the community, where condition and exposure drive value.

Lowest entry
The Core Unit
$701K to $715K

A well-positioned interior or near-end townhome with strong light and a courtyard outlook, the heart of the community resale market.

Most inventory
The End Unit
$715K to $715K

An end-position townhome with the best light, the most privacy, and the strongest outlook, the units that hold value best in the row.

Strongest resale

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

See Off-Market & Private Listings
What Your Money Buys

What ~$701K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$696K to $701K
The Entry Unit
An interior townhome, the more affordable way into the community, where condition and exposure drive value.
$701K to $715K
The Core Unit
A well-positioned interior or near-end townhome with strong light and a courtyard outlook, the heart of the community resale market.
$715K to $715K
The End Unit
An end-position townhome with the best light, the most privacy, and the strongest outlook, the units that hold value best in the row.

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

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Canvas City Homes WAD, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Proprietary Data

The renovation premium.

Renovated-listing inventory in Canvas City Homes WAD is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

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.

Resale Strength Scorecard

How well Canvas City Homes WAD holds value.

Our read on the factors that protect resale here, and the one to manage.

Building ageCompleted 2024, recent new construction
Reserve and assessment riskSmall HOA, read reserve study and cost share
Corridor and surroundingsTransitional arts district, verify the block
Location and walkabilityArts district, Grand Central, downtown nearby
Unit interior conditionNew-build finishes, read condition per listing

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Canvas City Homes WAD

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

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Canvas City Homes WAD1

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Canvas City Homes WAD2

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Canvas City Homes WAD3

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Canvas City Homes WAD4

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Canvas City Homes WAD5

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Canvas City Homes WAD is one small 2024 community, not a neighborhood average. The deal is won or lost on the HOA, the reserves, the build quality, and the specific unit.

Jon Brooks · Founder, Momentum Realty
Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.3B · Buy Score
Resale Strength7.1/10
Renovation Risk3.0/10
Location Efficiency8.0/10
Long-Term Defensibility7.0/10
Carrying Cost Advantage6.2/10

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.

Momentum Housing Intelligence

Why our read on Canvas City Homes WAD 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.
About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

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
  • In a townhome row, the unit is the asset, position sets value
  • End units with strong light hold value best
  • Confirm the immediate block and any area redevelopment
  • Read the small HOA reserve study before the finishes
  • Verify courtyard and shared-art upkeep responsibility

In a small townhome community, the part of your money the market protects is the unit position, light, and outlook, plus the financial health of the small association behind it. End units with strong light and a well-funded reserve hold value better than interior units in a community facing assessments. The interior can be refreshed; the position, the light, and the immediate block cannot. Read the reserve study, the budget, the build documentation, and the surrounding corridor first, then price the condition of the unit against them.

The 15-Second Verdict

Canvas City Homes WAD in 15 seconds.

Best forOwner-occupiers who want a walkable new-build townhome in an arts district.
Biggest advantageA 2024 modern townhome with a distinct Warehouse Arts District address.
Biggest riskA small HOA underbudgeting reserves and a transitional urban block.
Sweet spotAn end unit with strong light and a courtyard outlook in a well-reserved HOA.
Avoid ifYou want a single-family home with a large yard or big shared amenities.

HOA Dues, Reserves & Inclusions

15-Second Take
  • Read the reserve study and budget, not just the dues
  • Confirm exactly what the HOA covers and what owners insure
  • In a 10-unit HOA, each owner carries a larger cost share
  • Ask about any special assessments and how they are voted
  • Verify courtyard and shared-art upkeep responsibility

This is a townhome community, so a monthly association fee applies and is cited as covering common-area items, insurance, structure and ground maintenance, management, water, sewer, and an escrow reserve fund. In a small 10-unit community the dues line alone does not tell the story; the reserve funding and each owner's share of shared costs matter more. Confirm the current dues, the reserve study, and any pending assessments from the latest association documents for the exact unit.

Association fees here are cited as covering the master or common-area insurance, ground maintenance, structure maintenance, management, water, sewer, and reserve funding. Owners still carry their own interior coverage and should confirm what each owner must insure separately. Verify exactly what the fee covers, what each owner is responsible for, and whether the courtyard and shared art installations are association-maintained.

Run Your Numbers

Tools for a Canvas City Homes WAD buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxPinellas County millage and the homestead picture.Rent vs buyThe breakeven on owning in Canvas City Homes WAD.Save Our HomesProject your homestead tax cap over time.
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.

Selling in Canvas City Homes WAD

Price to the unit, the position, and the HOA health, not a community average.

Selling here means pricing to your specific unit and the association financial health, not a community-wide estimate. The position, the light, the courtyard outlook, the condition of the unit, and the strength of the small HOA reserves are what set your number in the Warehouse Arts District.

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 Canvas City Homes WAD, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Bayshore condos, 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 Canvas City Homes WAD home worth?

Get a no-obligation home value based on real comparable sales in Canvas City Homes WAD 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 Canvas City Homes WAD on the map →
Or get your Canvas City Homes WAD home value & selling guide →

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

Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Pinellas County scorecard.

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.

How much local inventory is already under contract

24% of homes for sale in Pinellas County 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 (2026-06-25).

Canvas City Homes WAD Market Scorecard

Balanced

Canvas City Homes WAD is currently a balanced. About 4.0 months of supply, a median asking price of $699,900, and homes go under contract in about 7 days.

4.0
Months supply
$699,900
Median list
$700,897
Median sold
$337
Per sqft
7
Days on mkt
1/0/3
Active/Pend/Sold

Typical home value in the 33712 ZIP is $318,406, about 11.1% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · 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 Canvas City Homes WAD?
It is a 10-unit townhome community on the 2700 block of 5th Avenue South in St. Petersburg, Pinellas County, ZIP 33712, in the Warehouse Arts District about a mile from Tropicana Field. Address citations vary slightly between 2724 and 2750 5th Avenue South, so confirm the exact address on any listing.
When was the community built?
It officially opened in spring 2024 (St Pete Catalyst, 2024; Sight Development project page, 2026). That makes it a recent new-build townhome community rather than older St. Petersburg stock.
Who developed Canvas City Homes WAD?
It was built by Tampa-based Sight Development, also referenced as Sight Real Estate (St Pete Catalyst, 2024; Sight Development project page, 2026).
How many units are there and what type?
It is a 10-unit community of three-story modern townhomes (Sight Development project page, 2026). The small size means each owner carries a larger share of any shared HOA cost.
What do the homes look like inside?
Listings and the developer cite roughly 2,000 to 2,100 square feet with three bedrooms, three and a half baths, a two-car garage, private yards, and balconies, plus finishes such as quartz counters and stainless appliances. Confirm the exact size, layout, and finishes for any specific unit.
Is this the same as Canvas City Homes GWX?
No. Canvas City Homes WAD is the Warehouse Arts District community on 5th Avenue South. The same developer also markets a separate Canvas City Homes GWX community, so confirm the exact community and address on any listing.
What does the HOA fee cover?
It is cited as covering insurance, ground and structure maintenance, management, water, sewer, and an escrow reserve fund. Owners still carry their own interior coverage. Confirm the exact inclusions and dues from the current association documents.
Why is the HOA read so important in a 10-unit community?
In a small association each owner carries a larger share of shared costs and any assessment, so the reserve study and budget matter even more than in a large community. Read the current reserve study, the budget, and any pending assessments before you offer.
What is the Warehouse Arts District like?
It is a former industrial area transformed into a community of artist studios, galleries, and maker space, home to spaces such as the ArtsXchange and the Morean Center for Clay, and a hub of the SHINE mural festival. Confirm the immediate block and surroundings for the specific unit, since it is a transitional urban corridor.
What insurance do I need as an owner?
Beyond the association insurance you carry your own interior coverage, and you should confirm flood and wind coverage and review the association deductible. Quote the specific unit before you buy, since St. Petersburg insurance pricing varies by location and elevation.
What schools serve the community?
It is part of Pinellas County Schools, with assignment by address that can change. Confirm the exact zoned elementary, middle, and high schools for the specific unit, and note that magnet and choice options may apply.
What is nearby?
The Warehouse Arts District galleries and studios, the Grand Central District, Tropicana Field about a mile away, downtown St. Petersburg, and Interstate 275 are all close. Confirm real drive and walk times for your routine.
Is Canvas City Homes WAD a good investment?
A new-build, walkable arts-district address supports demand, but this is a small townhome HOA, so the association reserves, any assessments, and the immediate area drive the outcome. This is not a guarantee of future value; read the documents and the math.
How does it compare to other St. Pete urban homes?
Compared with downtown St. Petersburg condos or Bayshore-area condos in Tampa, Canvas City Homes WAD offers a fee-simple townhome with a private yard and garage in an arts district. Which is the better buy depends on your budget, maintenance tolerance, and lifestyle. Confirm the exact ownership structure on any listing.
Who is the best real estate agent for Canvas City Homes WAD?
The best agent for Canvas City Homes WAD 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 Canvas City Homes WAD.
How do I find a top St. Petersburg real estate agent who knows Canvas City Homes WAD?
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 Canvas City Homes WAD and the wider St. Petersburg area.
Can Momentum Realty connect me with an agent for Canvas City Homes WAD?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Canvas City Homes WAD purchase or sale — no call center and no pressure.
The Verdict

Should you buy in Canvas City Homes WAD?

An honest fit check. We will tell you when it is not your community.

Owner-occupiers who want a new-build townhome in an arts districtExcellent fit
Buyers who value modern design and low-maintenance urban livingExcellent fit
Walkability buyers who want galleries, studios, and downtown St. Pete closeExcellent fit
Buyers who will read the small HOA budget, reserves, and inclusionsExcellent fit
Buyers who want a fee-simple townhome with a garage and private yardExcellent fit
Buyers who want a single-family home with a large private yardProbably not
Anyone unwilling to verify HOA dues, reserves, and inclusions per unitProbably not
Buyers who want an established community with big shared amenitiesProbably not
Buyers uncomfortable with a transitional urban corridor near the blockProbably not
Buyers unwilling to budget for a larger cost share in a small HOAProbably not

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Thinking about hiring an agent here? How to find the best real estate agent in Canvas City Homes WAD — what to look for, questions to ask, and your local expert.
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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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