Covington Park Ph 5B
Homes for Sale in Apollo Beach, FL
True comps, carrying-cost math, and listings before the portals.

Covington Park Ph 5B is a small, tightly-defined pocket of 61 homes in Apollo Beach, built in a narrow window from 2005 to 2007. When a subdivision is this uniform in age and this large in footprint — a median of roughly 3,268 finished square feet — price is driven less by square footage and more by condition, updates, and how a given home has been maintained across two decades. Two homes of nearly identical size can price very differently here, and that spread is real.
There were no closings in the current window, so there is no fresh trade to anchor pricing off of. That cuts both ways: sellers don't have a recent comp to lean on, and buyers can't point to a just-closed sale to justify an offer. Expect pricing conversations to hinge on the home in front of you rather than the last one that sold. With about 71% of homes carrying a homestead exemption, day-to-day turnover tends to be modest, so listings that do come up deserve close attention.
Who Covington Park Ph 5B is best for.
Best for
- Buyers seeking substantial square footage and willing to weigh condition and updates over raw size
- Long-hold owner-occupants comfortable in a stable, low-turnover setting
- Patient buyers who can wait for the right listing rather than shop a crowded field
Probably not for
- Buyers who need immediate selection and multiple active listings to choose from
- Anyone wanting a recent run of comparable sales before committing to a number
- Buyers looking for smaller or newer-construction floor plans
The market around Covington Park Ph 5B
Covington Park Ph 5B is a small community — 19 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.
Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).
The housing mix here is 98% single family residence, 2% ?.
ZIP and county figures describe the wider market, not Covington Park Ph 5B specifically. Momentum Research analysis of MLS records.
The Covington Park Ph 5B buying strategy.
If we were buying in Covington Park Ph 5B 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 Covington Park Ph 5B.
A uniform-vintage enclave where condition is the variable
The defining trait of Covington Park Ph 5B is consistency of stock: 61 homes, all built between 2005 and 2007, with a median build year of 2006. That means buyers are largely comparing homes of a similar era and generous scale — the median living area sits around 3,268 square feet. The differentiators are what an individual owner has done since: roof, systems, kitchens, and finishes are where value is won or lost, not floor plan lottery.
With roughly 71% homestead occupancy, this leans owner-occupied and slower-moving, which typically keeps the streetscape stable but limits how often you get a shot at buying in. There were zero closings in the measured window, so both sides should treat this as a market where you set price from the specific asset and its condition rather than from a run of recent sales.
The location and the amenities are priced into every listing in Covington Park Ph 5B. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 61-home community with no recent closings, generic pricing models fall apart — there simply isn't a stream of trades to lean on. We price and negotiate off the actual home: its condition, its updates, and how it stacks against the uniform mid-2000s stock around it. That's the work that matters when inventory is thin and every listing is its own event.
Covington Park Ph 5B 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 Covington Park Ph 5B 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 Covington Park Ph 5B sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Covington Park Ph 5B, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Covington Park Ph 5B home worth?
Get a no-obligation home value based on real comparable sales in Covington Park Ph 5B, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Covington Park Ph 5B on the map →
Frequently Asked Questions
How many homes are in Covington Park Ph 5B?
What share of Covington Park Ph 5B is owner-occupied?
When were the homes in Covington Park Ph 5B built?
Do cash buyers compete in Covington Park Ph 5B?
Who is the best real estate agent for Covington Park Ph 5B?
How do I find a top Apollo Beach real estate agent who knows Covington Park Ph 5B?
Can Momentum Realty connect me with an agent for Covington Park Ph 5B?
Should you buy in Covington Park Ph 5B?
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 (2 streets, ZIP 33572)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (28 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Covington Park Ph 5B fits the bigger picture — live prices, inventory, and Momentum Scores:
