CINNAMON LAKE
Homes for Sale in ST PETERSBURG, FL
True comps, carrying-cost math, and listings before the portals.
Cinnamon Lake is an established St Petersburg pocket where the housing stock does most of the pricing work. With a median build year of 1959 and homes stretching back to 1950 and up through 2021, condition and updates matter more than square footage here — the median home sits around 1,411 finished square feet, so what a buyer pays turns largely on whether a house has been modernized or left original.
The snapshot shows no closings in the current window, which means there is no fresh transactional read to anchor to. Treat any single list price with skepticism and lean on comparable sold data before pricing a sale or framing an offer. The high owner-occupancy here — roughly 81% homestead — tends to keep resale inventory tighter and turnover slower, so sellers hold some leverage and buyers should be patient rather than expect a steady flow of options.
Who CINNAMON LAKE is best for.
Best for
- Buyers targeting a right-sized mid-century home who are prepared to budget for updates on an original property
- Long-hold owner-occupants who value a low-turnover, owner-heavy neighborhood over constant inventory
- Renovation-minded buyers who can price condition accurately and want a home in the 1,411-square-foot range
Probably not for
- Buyers who need a large-footprint home well above the neighborhood's median size
- Shoppers who want many active listings to choose from and a fast timeline
- Investors chasing high rental turnover, given the strong owner-occupied character here
The market around CINNAMON LAKE
CINNAMON LAKE is a small community — 29 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.
In ZIP 33702, 272 homes are on the market and 22% are under contract — a steady corner of ST PETERSBURG.
Across Pinellas County, 6,999 homes are active and 1,872 pending (21% under contract).
The housing mix here is 49% townhouse, 48% condominium, 1% single family residence.
ZIP and county figures describe the wider market, not CINNAMON LAKE specifically. Momentum Research analysis of MLS records.
The CINNAMON LAKE buying strategy.
If we were buying in CINNAMON LAKE today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 CINNAMON LAKE.
A mid-century core with a long build tail
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.
The location and the amenities are priced into every listing in CINNAMON LAKE. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
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.
CINNAMON LAKE in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a CINNAMON LAKE buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed CINNAMON LAKE sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in CINNAMON LAKE, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your CINNAMON LAKE home worth?
Get a no-obligation home value based on real comparable sales in CINNAMON LAKE, 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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Frequently Asked Questions
How many homes are in CINNAMON LAKE?
What share of CINNAMON LAKE is owner-occupied?
When were the homes in CINNAMON LAKE built?
Do cash buyers compete in CINNAMON LAKE?
Who is the best real estate agent for CINNAMON LAKE?
How do I find a top ST PETERSBURG real estate agent who knows CINNAMON LAKE?
Can Momentum Realty connect me with an agent for CINNAMON LAKE?
Should you buy in CINNAMON LAKE?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33702)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2006 (34 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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