Cinnamon Lake
Homes for Sale in St. Petersburg, FL

Cinnamon Lake is a small, largely owner-occupied St Petersburg neighborhood of 413 homes with a mid-century core and scattered newer construction, where the spread between original and updated houses drives most of the value story.

Stellar MLS sales records identify 62 homes in Cinnamon Lake that have changed hands since 2004, built between 1978 and 1985 (median 1979), with a median living area of about 1,519 sq ft and a typical 3-bedroom, 2-bath layout. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Cinnamon Lake is too small for its own price trend, so here is the market around it.

In ZIP 33702, 264 homes are on the market and 16% are under contract — a slower corner of St Petersburg.

Across Pinellas County, 6,539 homes are active and 1,627 pending (20% under contract).

In ZIP 33702 (St Petersburg), 550 homes closed in the last 12 months at a median of $335K ($274/sq ft), up 2.4% year over year, with a median 56 days on market. Right now 154 active and 30 pending listings put supply at about 4.9 months — a buyer's market. See the live ZIP 33702 housing market and the Pinellas County market.

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

The build range tells you a lot: a median year of 1959 anchors this as a mid-century neighborhood, but the tail runs all the way to 2021, meaning you will find teardown-and-rebuilds and renovations mixed among original homes. That variety widens the price spread and makes on-site condition assessment essential — two homes of similar size can sit far apart on price depending on roof, systems, and updates.

At a median of about 1,411 living square feet, this is a right-sized rather than sprawling market. The high homestead share — near 81% — signals a neighborhood held mostly by long-term owners rather than investors, which historically means less churn and fewer distressed listings, but also fewer chances to buy at any given moment.

With no recent closings to anchor value and a housing stock that ranges from 1950 originals to 2021 rebuilds, pricing in Cinnamon Lake is a condition-by-condition exercise, not a per-square-foot shortcut. We read the actual comparables, weigh updates against age, and tell you plainly when a list price is not supported.

Listings in this community report association dues of about $817 per month ($9,804 a year) — the median AssociationFee across 38 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.