Dolphin Key
Condos for Sale in Indian Shores, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Dolphin Key Condo in Indian Shores, FL has 2 homes for sale. As of September 2026, the MLS records 10 closed sales in Dolphin Key Condo in Indian Shores, FL since 2021, the most recent in February 2025. Across Indian Shores as a whole, 55 homes closed in the last 12 months at a median of $575,000, 97 median days on market, with 16 homes for sale today. At that median and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $11,150 ($10,340 with the full homestead exemption).
Dolphin Key is a 73-unit condo community in Indian Shores, with a build history running from 1972 to 2022 and a median year built of 1982. That spread matters: it tells you price here is driven by condition and updates far more than by any single vintage. Two units of the same square footage can price very differently depending on whether the interior, systems, and finishes have been brought forward. The median living area sits around 1,320 square feet, so this is a right-sized, walk-in footprint rather than a sprawling one.
There were no closings in the reporting window, so there is no fresh transaction to anchor a number to. Treat that as a signal to price from the unit in front of you, not from a headline. For sellers, that means condition and presentation carry the argument. For buyers, it means underwriting each unit on its own merits, and paying close attention to the condo association's reserves, assessments, and the practical realities of coastal ownership.
The 60-Second Overview
Dolphin Key is a compact condo community on Indian Shores in Pinellas County, where the mix of 1970s-through-2020s construction means the building fabric varies unit to unit. With a homestead share of 26%, most units here are held as second homes or rentals rather than primary residences.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Dolphin Key Condo is best for.
Best for
- Buyers seeking a compact coastal condo who will do the work on unit condition and association health
- Second-home buyers comfortable in a building with significant non-homestead ownership
- Value-focused buyers willing to price a renovated versus original interior accurately
Probably not for
- Buyers who need a large, sprawling floor plan well above the ~1,320-square-foot median
- Buyers wanting a clean recent comp before committing, given no closings in the window
- Buyers unwilling to scrutinize reserves, rental rules, and potential assessments
The market around Dolphin Key Condo
Dolphin Key Condo is too small for its own price trend, so here is the market around it.
In ZIP 33785, 171 homes are on the market and 9% are under contract — a slower corner of Indian Shores.
Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).
ZIP and county figures describe the wider market, not Dolphin Key Condo specifically. Momentum Research analysis of MLS records.
Dolphin Key Condo Market Scorecard
Dolphin Key Condo is currently a thin data market. Limited supply, a median asking price of $1,069,944, and homes go under contract in about 20 days.
Typical home value in the 33785 ZIP is $705,653, about 43.3% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Dolphin Key Condo
Live MLS inventory for Dolphin Key Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Dolphin Key Condo listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2025. Tap any home to ask about it.
The Dolphin Key Condo buying strategy.
If we were buying in Dolphin Key Condo 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 Dolphin Key Condo.
What actually moves value at Dolphin Key
The single most useful fact about this community is the 1972-2022 build range against a 1982 median. In a condo of only 73 units, that tells you the value conversation is about the specific unit's condition, updates, and floor position more than the community's overall age. A renovated interior reads very differently from an original one, and the median living area near 1,320 square feet keeps most of these units in efficient, manageable territory.
The homestead share of 26% is the other tell. When roughly three-quarters of units are held as non-homestead, you are buying into a community where seasonal use and rental activity are part of the picture. That shapes everything from association rules to the rhythm of the building through the year. Read the condo docs carefully: rental policy, reserve funding, and any pending assessments will affect both your carrying cost and your resale story more than the sticker will.
The location and the amenities are priced into every listing in Dolphin Key Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With no recent closings to lean on and a wide condition-driven price spread, this is a community where the analysis has to happen unit by unit. We read the association's financials, reserves, and rental rules alongside the physical unit, and we price from what is actually in front of us rather than from a stale comp. That is the difference between buying confidently and inheriting a surprise assessment.
Dolphin Key Condo in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Dolphin Key Condo 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 Dolphin Key Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Dolphin Key Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Dolphin Key Condo home worth?
Get a no-obligation home value based on real comparable sales in Dolphin Key Condo, 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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Should you buy in Dolphin Key Condo?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Dolphin Key Condo with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 12, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2021 (10 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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