Five Towns of St. Petersburg market snapshot (as of June 25, 2026): the median sale price is about $99K ($97 per sq ft), with homes averaging 178 days on market and 6.7 months of supply, a buyer's market. Based on 43 recent closings in live Stellar MLS data.
Five Towns is a large 55-plus condominium community in St. Petersburg, in the 33710 ZIP on a mature, campus-style site of more than a hundred acres west of downtown. It comprises many separate mid-rise condominium buildings, built from the 1970s into the 1980s, and is one of the largest age-restricted communities in the area, with well over a thousand condos.
Because Five Towns is made up of many separate condominium associations, the read is a building-by-building condo read. The community shares deep amenities, but each building has its own association, budget, reserves, and fee, so the financial health of the specific building drives value as much as the unit's floor plan. Review that building's reserve study, budget, insurance, and any current or pending special assessment before you weigh a price.
Florida's condo environment is central to due diligence. Older buildings across the state are working through milestone-inspection and reserve-funding requirements and higher insurance costs, and a large 1970s and 1980s campus like this is exactly where those questions matter. Confirm where a specific building stands before you buy.
The lifestyle is the durable draw: an affordable, low-maintenance, amenity-rich, age-restricted community a few miles from the Gulf beaches and roughly ten miles west of downtown St. Petersburg, with everyday shopping nearby in the Tyrone area. The honest work is matching a specific unit to the closest comparable sales in its building, reading that association's finances, and pricing the full carrying cost before any headline number.
