Covington Park Ph 5B
Homes for Sale in Apollo Beach, FL

Community in Apollo Beach · Hillsborough County
61 homesBuilt 2005–2007
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Covington Park Ph 5B Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
70%
Owner-occupied · Covington Park Ph 5B
43 of 61 parcels homesteaded (FL DOR 2025)
30%
Non-owner-occupied · Covington Park Ph 5B
incl. 3% trust or LLC-held · 3% out-of-state
33%
Cash buyers · Covington Park Ph 5B
1 of 3 sales, 12 mo ending June 2025
61
Homes in the community
61 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 2005
Community established
homes built 2005-2007, median 2006 (FL DOR 2025)
0
Failed listings · 2025
peaked at 4 in 2010
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

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.

If we were buying in Covington Park Ph 5B 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 Covington Park Ph 5B.

Best Buy
Buyers who want a larger mid-2000s home in a small, stable Apollo Beach pocket.
Biggest Risk
No recent closings means thin comps and pricing that must be built from the home itself.
Sweet Spot
A well-maintained or updated home near the ~3,268 sq ft median, priced to its condition.
Avoid If
You need a fast selection with lots of active inventory to compare.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers who want a larger mid-2000s home in a small, stable Apollo Beach pocket.
Biggest advantageConsistent build era and generous square footage make condition the clearest lever on value.
Biggest riskNo recent closings means thin comps and pricing that must be built from the home itself.
Sweet spotA well-maintained or updated home near the ~3,268 sq ft median, priced to its condition.
Avoid ifYou need a fast selection with lots of active inventory to compare.

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 Covington Park Ph 5B sales matched to your home.

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.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Covington Park Ph 5B?
The Florida DOR 2025 assessment roll shows 61 homes in Covington Park Ph 5B (public records).
What share of Covington Park Ph 5B is owner-occupied?
70% of Covington Park Ph 5B parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Covington Park Ph 5B built?
Homes in Covington Park Ph 5B were built between 2005 and 2007, with a median year built of 2006 (FL DOR 2025 roll).
Do cash buyers compete in Covington Park Ph 5B?
Cash buyers took 33% of Covington Park Ph 5B sales in the 12 months ending June 2025 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Covington Park Ph 5B?
The best agent for Covington Park Ph 5B is one who actively works Apollo Beach 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 Covington Park Ph 5B.
How do I find a top Apollo Beach real estate agent who knows Covington Park Ph 5B?
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 Covington Park Ph 5B and the wider Apollo Beach area.
Can Momentum Realty connect me with an agent for Covington Park Ph 5B?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Covington Park Ph 5B purchase or sale - no call center and no pressure.
Buyers seeking substantial square footage and willing to weigh condition and updates over raw sizeExcellent fit
Long-hold owner-occupants comfortable in a stable, low-turnover settingExcellent fit
Patient buyers who can wait for the right listing rather than shop a crowded fieldExcellent fit
Buyers who need immediate selection and multiple active listings to choose fromProbably not
Anyone wanting a recent run of comparable sales before committing to a numberProbably not
Buyers looking for smaller or newer-construction floor plansProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33572))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-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.

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Thinking of selling in Covington Park Ph 5B? See the Hillsborough 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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