Caribay Condo
Homes for Sale in Clearwater, FL

Community in Clearwater · Pinellas County
20 homesBuilt 1975–1975
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Built fromLive Stellar MLS data16 years of closingsFL DOR public recordsUpdated twice daily
Live · Caribay Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
55%
Owner-occupied · Caribay Condo
11 of 20 parcels homesteaded (FL DOR 2025)
45%
Non-owner-occupied · Caribay Condo
incl. 0% trust or LLC-held · 20% out-of-state
67%
Cash buyers · Caribay Condo
2 of 3 sales, 12 mo ending June 2021
20
Homes in the community
20 residential parcels (FL DOR 2025)
Track record · 16 years of records
Est. 1975
Community established
homes built 1975-1975, median 1975 (FL DOR 2025)
2
Failed listings · 2026
peaked at 18 in 2021
10.0%/yr
Turnover rate
about 2 of 20 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Caribay Condo is a small, single-vintage community — 20 units, all built in 1975, clustered around a median living area of roughly 1,130 square feet. With that little variation in age and layout, price here isn't set by newness or square footage; it's set by condition, floor, view, and how a given unit has been updated. Two identical footprints can trade well apart depending on whether the kitchen and systems have been touched.

The closings window is thin, so read pricing as condition-driven rather than as a firm market rate. Sellers should expect scrutiny on updates and reserves; buyers should underwrite the building — association finances and any planned assessments matter as much as the unit itself in a Pinellas condo of this era.

Best for

  • Buyers seeking a smaller footprint near 1,130 square feet who value simplicity over size
  • Value-minded buyers willing to renovate a dated unit and capture the condition premium
  • Investors comfortable verifying rental rules and association finances before committing

Probably not for

  • Buyers who want newer construction or modern systems out of the box
  • Anyone needing significantly more living space than the community offers
  • Buyers who don't want to dig into reserves, assessments, and building diligence

The market around Caribay Condo

Caribay Condo is a small community — 77 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Pinellas County, 6,909 homes are active and 1,852 pending (21% under contract).

The housing mix here is 76% condominium, 22% townhouse, 1% condo - hotel.

ZIP and county figures describe the wider market, not Caribay Condo specifically. Momentum Research analysis of MLS records.

If we were buying in Caribay Condo 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 Caribay Condo.

Best Buy
Buyers who want a compact, low-maintenance Clearwater condo and will underwrite the building carefully.
Biggest Risk
Thin recent closings and a 1975 vintage mean condition and association health, not headline price, decide value.
Sweet Spot
A renovated unit in a building with sound reserves and no looming assessment.
Avoid If
You need new construction, larger square footage, or want to skip the condo-diligence work.

A single-vintage condo, priced on condition

When 20 homes all date to the same year and cluster around the same size, the usual pricing levers flatten out. What's left is condition: updated interiors, mechanical systems, and floor or view within the building. A buyer comparing two Caribay units is really comparing what's been renovated and what hasn't.

About 55% of units carry a homestead exemption, which points to a mix of owner-occupied and non-homestead ownership in a building this size. For buyers, that mix is worth confirming against current rental rules and the association's financial posture — for a 1975 structure, reserve funding and any special assessments deserve a hard look before you write an offer.

The location and the amenities are priced into every listing in Caribay Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community this small with few recent closings, a comparable-sales pull only gets you partway. We work the building itself — condition of the specific unit, association finances, assessment history — so you're pricing or offering on what actually moves value at Caribay, not a headline number.

Caribay Condo in 15 seconds.

Best forBuyers who want a compact, low-maintenance Clearwater condo and will underwrite the building carefully.
Biggest advantageA uniform 1975 community where an updated unit stands out clearly.
Biggest riskThin recent closings and a 1975 vintage mean condition and association health, not headline price, decide value.
Sweet spotA renovated unit in a building with sound reserves and no looming assessment.
Avoid ifYou need new construction, larger square footage, or want to skip the condo-diligence work.

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 Caribay Condo sales matched to your home.

What is your Caribay Condo home worth?

Get a no-obligation home value based on real comparable sales in Caribay Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Caribay Condo?
The Florida DOR 2025 assessment roll shows 20 homes in Caribay Condo (public records).
What share of Caribay Condo is owner-occupied?
55% of Caribay Condo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Caribay Condo built?
Homes in Caribay Condo were built between 1975 and 1975, with a median year built of 1975.0 (FL DOR 2025 roll).
Do cash buyers compete in Caribay Condo?
Cash buyers took 67% of Caribay Condo sales in the 12 months ending June 2021 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Caribay Condo?
The best agent for Caribay Condo is one who actively works Clearwater 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 Caribay Condo.
How do I find a top Clearwater real estate agent who knows Caribay Condo?
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 Caribay Condo and the wider Clearwater area.
Can Momentum Realty connect me with an agent for Caribay Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Caribay Condo purchase or sale - no call center and no pressure.
Buyers seeking a smaller footprint near 1,130 square feet who value simplicity over sizeExcellent fit
Value-minded buyers willing to renovate a dated unit and capture the condition premiumExcellent fit
Investors comfortable verifying rental rules and association finances before committingExcellent fit
Buyers who want newer construction or modern systems out of the boxProbably not
Anyone needing significantly more living space than the community offersProbably not
Buyers who don't want to dig into reserves, assessments, and building diligenceProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (20 streets, ZIP 33760))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2010 (33 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.

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More Clearwater & St. Petersburg & Pinellas County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of St. Petersburg & Pinellas County or the full Neighborhood Finder.

Thinking of selling in CARIBAY CONDO? 2 recorded closings (window ending 2026-08-02). See the Pinellas County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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