Deerwood Gardens market snapshot (as of June 25, 2026): the median sale price is about $165K ($173 per sq ft), with homes averaging 54 days on market and 24.0 months of supply, a buyer-leaning market. Based on 2 recent closings in live Stellar MLS data.
Deerwood Gardens sits in Largo in the 33778 ZIP, in the Seminole area of Pinellas County, an established and affordable condominium community built in phases from about 1975 to 1994. Units are compact, roughly 623 to about 1,010 square feet, and the community is pet-friendly, which broadens its appeal among smaller Pinellas condo communities.
Amenities are practical and community-oriented: a swimming pool, a recreation building, tennis courts, and shuffleboard, along with guest parking and on-site laundry facilities. The location is a core draw, with the Pinellas Gulf beaches about ten minutes away and Largo and Seminole shopping and services close by.
The defining feature of this community is its land lease. Owners here own their unit but lease the land beneath it, and the land-lease fee is reported to be bundled into the monthly maintenance fee of roughly $398 to $564, which also covers basic cable, building and flood insurance, water and sewer, pest control, escrows, and landscaping. A land lease can affect financing, monthly carrying cost, and resale, so it is the first thing to verify, not the last.
Because the buildings date to the 1970s and 1980s, the honest read is the association picture: confirm the land-lease terms, remaining term, and any fee escalation; confirm lender approval for a leased-land condo; read the reserve study and building-condition status under Florida's condo-reserve law; and run the flood zone and a real insurance quote for the specific building and unit.