Coquina Key Townhomes market snapshot (as of June 25, 2026): the median sale price is about $251K ($166 per sq ft), with homes averaging 79 days on market and 12.0 months of supply, a buyer's market. Based on 7 recent closings in live Stellar MLS data.
Coquina Key Townhomes is a townhome community on Coquina Key, a residential island in southeast St. Petersburg, Pinellas County, ZIP 33705, a short drive from downtown St. Petersburg and the I-275 corridor (St. Petersburg neighborhood guides, 2026). Coquina Key is described as a relaxed, almost entirely island neighborhood about three miles from downtown, connected to the mainland by bridges (St. Petersburg neighborhood guides, 2026).
Local real estate guides place the community in the mid-2000s era and describe a gated, waterfront setting with shared amenities; reported figures vary by source on the exact unit count and size range, so confirm the year built, the number of units, and the floor plan with the association and the listing. This community is distinct from the nearby Waterside at Coquina Key condominium villages, so confirm the exact subdivision and legal description on any listing.
Because this is a townhome community on a low waterfront island, the money is made or lost on the HOA and the flood picture, not on the address alone. The drivers are the monthly HOA dues, the reserve funding, what the dues cover, and the FEMA flood zone, the unit elevation, and the storm-surge history, all of which have to be read from the current association documents, an elevation certificate, and an insurance quote for the exact unit.
The pitch is island townhome living near downtown St. Petersburg, with the water, the bridges, and the city close. The work is the diligence: read the HOA budget and reserves, confirm what the dues cover, pull the FEMA flood zone and elevation, review the storm-surge history, and quote flood and wind insurance before you buy the view. Confirm the HOA, reserves, and flood quote per unit.