Casablanca Condo
Homes for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County
17 homesBuilt 1976–1976Median sale $195K
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Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · Casablanca Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$195K
Median sold · 12 mo
$189/sf
Sold $/sqft · 12 mo
peak $254 in 2024
88.6%
Sale vs ask
Pinellas median: 93.3%
Tempo
145days
Median DOM · closed
4 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
59%
Owner-occupied · Casablanca Condo
10 of 17 parcels homesteaded (FL DOR 2025)
41%
Non-owner-occupied · Casablanca Condo
incl. 12% trust or LLC-held · 6% out-of-state
33%
Cash buyers · Casablanca Condo
1 of 3 sales, 12 mo ending June 2026
17
Homes in the community
17 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1976
Community established
homes built 1976-1976, median 1976 (FL DOR 2025)
4
Failed listings · 2026
peaked at 11 in 2021
955sqft
Median sold home size
12-mo windows, closed sales
17.6%/yr
Turnover rate
about 3 of 17 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Casablanca Condo is a small, single-vintage building — everything here was built in 1976, and the typical unit runs right around 955 square feet. That uniformity matters: with the whole community sharing one era and a tight size band, price is driven far more by condition and updates than by square footage. The median sits at $195,000, or about $188 per square foot, and the spread you see in any given listing is mostly a story about what has and hasn't been renovated inside.

The market posture is slow and deliberate. Median days on market is around 145 — this is not a building where units trade in a weekend. For buyers, that means room to evaluate, negotiate, and avoid overpaying for cosmetic staging. For sellers, it means realistic pricing and patience win; a unit priced to the median with honest condition will move, but expecting a quick premium exit is the wrong plan here.

The 60-Second Overview

Casablanca Condo market snapshot (as of July 15, 2026): the median sale price is about $195K ($189 per sq ft over the trailing 12 months of closed sales), and a median 145 days on market for closed sales.

Casablanca Condo is a community of 17 homes in St Petersburg, Pinellas County, built between 1976 and 1976 (median 1976), with a median living area of about 955 square feet. 59% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Casablanca Condo is a compact 17-unit community in St Petersburg where every home shares a 1976 build year and a footprint near 955 square feet, so the buying decision comes down to condition and price rather than floor plan variety.

Best for

  • Right-sizers targeting a sub-1,000-square-foot condo who value simplicity over space
  • Value-focused buyers willing to renovate a 1976 unit to build in equity through condition
  • Investors who have read the condo docs and are comfortable with the rental rules in a roughly 60% owner-occupied building

Probably not for

  • Buyers who need to close fast in a market where units sit around 145 days
  • Anyone wanting newer construction or a large, varied floor plan selection
  • Buyers unwilling to scrutinize an older building's reserves and potential assessments

Windows contain 0 to 6 sales each (3 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
$100K$200K20122014201620182020202220242026
Every sale since 2004 · price vs size
$0$100K$200K$300K1k1k1k
35 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $46 in 2012 to a $254 peak in 2024; $189 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
4 days at the 2022 low; 145 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
88.6% now vs Pinellas 93.3%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 3 in the current window.
Sellers who gave up · failed listings per year
051020082012202020242026
Canceled, expired, or withdrawn. 11 quit in 2021; 4 so far in 2026. The clearest stress gauge a community has.

If we were buying in Casablanca 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 Casablanca Condo.

Best Buy
Buyers who want a compact, low-square-footage St Petersburg condo and are comfortable with a 1976 building.
Biggest Risk
As a 1976 building, assessments and reserves are the variable to underwrite before you commit.
Sweet Spot
A well-updated unit acquired near the $195,000 median without paying a premium for cosmetics.
Avoid If
You need a quick transaction or a large floor plan — neither exists here.

A single-vintage building where condition is the whole game

With just 17 homes and one construction year, Casablanca is easy to underwrite once you understand it. There is no new-construction wing, no mix of eras — a buyer is choosing among 1976 units in roughly the same size class. That makes comparisons clean: the primary variable is how much interior work has been done and how the building's reserves and assessments are positioned. In a condo this age, the association's financial health and any planned capital work deserve as much scrutiny as the unit itself.

Owner-occupancy sits a little under 60% based on homestead share, which is a meaningful data point for anyone weighing this as a residence versus an investment. It tells you the building isn't dominated by either camp. Buyers should read the condo docs closely for rental rules, and both sides should treat the ~145-day median as the baseline pace — this is a market that rewards preparation over speed.

The location and the amenities are priced into every listing in Casablanca 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

A 17-unit building trades on details most portals miss: the true condition behind a listing photo, the association's reserve position, and how a slow 145-day market shapes negotiating leverage. We track this community closely enough to tell you when a unit is priced to condition and when it isn't — and we will tell you plainly when Casablanca isn't the right fit for what you're trying to do.

Casablanca Condo in 15 seconds.

Best forBuyers who want a compact, low-square-footage St Petersburg condo and are comfortable with a 1976 building.
Biggest advantageA slow market gives buyers real time and leverage to evaluate condition and negotiate.
Biggest riskAs a 1976 building, assessments and reserves are the variable to underwrite before you commit.
Sweet spotA well-updated unit acquired near the $195,000 median without paying a premium for cosmetics.
Avoid ifYou need a quick transaction or a large floor plan — neither exists here.

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 Casablanca Condo sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Casablanca Condo?
The median sale price in Casablanca Condo was $195K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Casablanca Condo take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 145 days on market (3 sales, Stellar MLS).
How many homes are in Casablanca Condo?
The Florida DOR 2025 assessment roll shows 17 homes in Casablanca Condo (public records).
What share of Casablanca Condo is owner-occupied?
59% of Casablanca Condo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Casablanca Condo built?
Homes in Casablanca Condo were built between 1976 and 1976, with a median year built of 1976 (FL DOR 2025 roll).
Do cash buyers compete in Casablanca Condo?
Cash buyers took 33% of Casablanca Condo sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Casablanca Condo?
The best agent for Casablanca Condo 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 Casablanca Condo.
How do I find a top St Petersburg real estate agent who knows Casablanca 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 Casablanca Condo and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Casablanca Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Casablanca Condo purchase or sale - no call center and no pressure.
Right-sizers targeting a sub-1,000-square-foot condo who value simplicity over spaceExcellent fit
Value-focused buyers willing to renovate a 1976 unit to build in equity through conditionExcellent fit
Investors who have read the condo docs and are comfortable with the rental rules in a roughly 60% owner-occupied buildingExcellent fit
Buyers who need to close fast in a market where units sit around 145 daysProbably not
Anyone wanting newer construction or a large, varied floor plan selectionProbably not
Buyers unwilling to scrutinize an older building's reserves and potential assessmentsProbably 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 (15 streets, ZIP 33712/33785))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (35 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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Thinking of selling in CASABLANCA CONDO? 3 recorded closings; median 145 days on market (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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