Franklin Heights in St. Petersburg

Franklin
Heights Homes for Sale in St. Petersburg, FL

Established St. Pete neighborhood · St. Petersburg · ZIP 33713

An established, no-HOA neighborhood of mid-century homes in St. Petersburg.

No HOAMid-century homesCentral St. Pete
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
This is a built-out, largely no-HOA neighborhood of mid-century homes; condition, the roof and systems, and the flood picture decide value, so confirm them for a specific home.
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Unlock Off-Market Franklin Heights

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseStellar MLS
n/a
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Franklin Heights is an established, largely no-HOA neighborhood in St. Petersburg, so the read is a condition-and-value read: public sources describe a neighborhood dating to 1950 with cozy, reasonably priced homes ranging widely in size, in a central St. Pete location. Carrying costs are light, with most homes carrying no HOA, but condition and updates vary home to home, and central Pinellas carries flood and insurance considerations that differ by parcel. Your leverage is reading a specific home's roof and systems, the lot, and the flood zone and insurance quote."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Franklin Heights is an established single-residential neighborhood in St. Petersburg, in central Pinellas County's 33713 ZIP. Public sources describe a neighborhood dating to 1950 with cozy, reasonably priced homes that have continued to develop, ranging widely in size.

There is generally no homeowners association here, so carrying costs are property taxes, insurance, and upkeep rather than monthly dues, and there are no community amenities or shared standards. The location is central to St. Petersburg, convenient to downtown, the interstates, and the beaches.

Because the neighborhood is built out, nearly every purchase is a resale, so condition drives value: the build era, the roof and systems age, prior updates, and the lot set where a home lands. Central St. Pete carries flood and insurance considerations that vary by parcel, so confirm the flood zone, elevation, and insurance quote for a specific home.

For buyers who want an affordable, no-HOA home central to St. Petersburg, Franklin Heights is one of the established options. The work is reading the home's condition and the flood and insurance picture honestly before you fall for the price.

Best for

  • Buyers who want an affordable, no-HOA home central to St. Petersburg
  • Anyone comfortable updating a mid-century home
  • Buyers who value proximity to downtown, the interstates, and the beaches
  • Owner-occupants and investors reading the condition and lot honestly

Probably not for

  • Buyers who want new construction or a low-maintenance home
  • Anyone who wants community amenities or managed standards
  • Buyers who will not read the flood zone and insurance picture
  • Anyone who wants a suburban master plan

How Franklin Heights is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
56Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Franklin Heights listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Franklin Heights buys, holds, and resells. See the five factors.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

Franklin Heights sits in St. Petersburg, with everyday shopping, major roads, and the wider Tampa Bay area within a reasonable drive.

Downtown St. Petersburg~8-12 min · waterfront, arts, dining
I-275~3-5 min · regional connector
Gulf beaches (St. Pete Beach)~15-20 min · barrier-island beaches
Tropicana Field / Gas Plant District~5-8 min · redevelopment area
Tampa (via the bridges)~30-40 min · cross-bay commute
Tampa International Airport (TPA)~30-40 min · via I-275

Distances and times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near FranklinHeights with Momentum Realty’s local guides.

SESirmons EstatesSt. Petersburg, FL · 0.1 miAPAnn ParkHeightsSt. Petersburg, FL · 0.1 miMWMount Washington2ndSt. Petersburg, FL · 0.6 miJPJoslyn ParkStSt. Petersburg, FL · 0.6 miHOHeritage OaksTownhomesSt. Petersburg, FL · 0.6 miCRCrestmontSt. Petersburg, FL · 0.6 miBTBiltmore TerraceSt. Petersburg, FL · 0.7 miRORouseManorSt. Petersburg, FL · 0.7 miAHArcadian HeightsSt. Petersburg, FL · 0.8 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Franklin Heights (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Franklin Heights is served by Pinellas County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Pinellas County Public Schools (verify by address)

Verifyrating
By address

Confirm zoned elementary, middle, and high

Verifyrating
Choice

Magnet and choice options may apply

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any Franklin Heights address.

The takeaway

What is actually shaping value around Franklin Heights: the no-HOA carrying-cost structure, the central St. Petersburg location near downtown and the beaches, and the condition and flood picture of an established housing stock. Each item is sourced and linked.

Recent Developments in Franklin Heights

Our read on what is being built around Franklin Heights, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe central location and no-HOA structure support steady demand, while the watch items are flood and insurance costs, which vary by elevation, and the condition of an older home.

No HOA and a central location anchor demand

Ongoing
BullishNotable impact
SignificanceRadius: Neighborhood

Affordable, no-HOA homes central to St. Petersburg draw both owner-occupants and investors, supporting demand.

Proximity to downtown and redevelopment supports demand

Ongoing
BullishNotable impact
SignificanceRadius: Area

Closeness to downtown St. Pete and nearby redevelopment supports demand for a central neighborhood.

Flood and insurance costs vary across central Pinellas

2024-2025
NeutralNotable impact
SignificanceRadius: Pinellas

Premiums vary by elevation and roof age; read the flood zone and get a quote on a specific home.

Built-out neighborhood means condition drives value

Ongoing
NeutralNotable impact
SignificanceRadius: Neighborhood

With no new inventory, the roof, systems, and updates on a specific home decide where it lands.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Franklin Heights, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. January 2025
    Community

    Franklin Heights keeps its established, central St. Pete character

    Local guides describe Franklin Heights as an established St. Petersburg neighborhood dating to 1950 with cozy, reasonably priced homes, central to downtown, the interstates, and the beaches. Why it matters: Condition and the flood picture, not amenities, drive value here. Source

  2. October 2024
    Storm

    2024 storm season tests coastal Pinellas

    Hurricanes Helene and Milton in 2024 brought flooding to low-lying coastal Pinellas, with impact varying by elevation across the county. Why it matters: Confirm a specific home's flood zone, elevation, and history; impact varied block to block. Source

Development alerts for Franklin HeightsGet a short monthly email when something new is approved, funded, or opens near Franklin Heights.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Franklin Heights, this is the order of operations we would run, and the one we run for our clients.

1

Read the flood and insurance picture first. Pull the flood zone, elevation, and a windstorm and flood quote before you judge any price.

2

Inspect the roof and systems. On a mid-century home, roof age, electrical, and plumbing drive both price and insurability.

3

Confirm there is no HOA or hidden restriction. Verify the no-association status and any deed limitations for a specific parcel.

4

Read the lot. Corner versus interior, drainage, and what the home backs to affect value.

5

Compare St. Pete options, and cross-shop Garden Manor for another St. Petersburg neighborhood.

Best Buy
An updated home with a newer roof and a clean flood read
Biggest Risk
Underbudgeting roof, systems, and flood insurance on an older home
Best Lot
A higher, drier lot over one in a higher flood zone
Smart Timing
Confirm the no-HOA status and an insurance quote before you offer
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Franklin Heights is an established single-residential neighborhood in St. Petersburg, in central Pinellas County's 33713 ZIP. Public sources describe a neighborhood dating to 1950 with cozy, reasonably priced homes ranging widely in size, in a central St. Pete location convenient to downtown, the interstates, and the beaches. There is generally no homeowners association, so carrying costs are taxes, insurance, and upkeep, and condition varies home to home, while the flood and insurance picture, which varies by elevation, is the part to read on any specific home.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Entry Home

Original or lightly updated mid-century homes, often needing a roof or systems, the renovation route into central St. Pete.

Lowest entry
The Core Home

Updated homes with a newer roof and HVAC on a solid, well-drained lot, the heart of the resale market here.

Most inventory
The Top

The most updated and largest homes on the best lots, the homes that hold value best in a no-HOA neighborhood.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

The Entry Home
Original or lightly updated mid-century homes, often needing a roof or systems, the renovation route into central St. Pete.
The Core Home
Updated homes with a newer roof and HVAC on a solid, well-drained lot, the heart of the resale market here.
The Top
The most updated and largest homes on the best lots, the homes that hold value best in a no-HOA neighborhood.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Location within St. PetersburgStrong
Established communityPositive
HOA and CDD postureConfirm per parcel
Home condition and systemsVerify per home
Flood read per lotVerify per address

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Franklin Heights

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

There are no dues and no amenities to price. The deal is won or lost on condition, the roof, and an honest read of the flood and insurance picture.

Jon Brooks · Founder, Momentum Realty
7.3B- · Buy Score
Resale Strength7.6/10
Renovation Risk5.2/10
Location Efficiency8.0/10
Long-Term Defensibility7.0/10
Carrying Cost Advantage7.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Franklin Heights is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take
  • The lot and the homesite are the scarce, durable asset here
  • A better-positioned lot holds value at resale
  • The homesite cannot be changed, the house can
  • Read the lot and the flood zone before the finishes
  • Condition and renovation level drive the number

In Franklin Heights, the part of your money the market protects is the lot, the position, and the condition of the home. Read the lot, the homesite, and the flood zone first, then price the condition and the renovation level against it.

Franklin Heights in 15 seconds.

Best forBuyers who want an affordable, no-HOA home central to St. Petersburg.
Biggest advantageNo HOA and a central location near downtown, the interstates, and the beaches.
Biggest riskRoof, systems, and flood-insurance costs on an older, coastal-influenced home.
Sweet spotAn updated home with a newer roof on a higher, drier lot.
Avoid ifYou want amenities, new construction, or no flood and insurance homework.

HOA, CDD & Fees

15-Second Take
  • No HOA and no monthly dues
  • No CDD bond on the tax bill
  • Carrying cost is taxes and insurance
  • Read elevation and the flood map
  • Confirm there is no HOA per parcel

There is generally no homeowners association here, so there are no monthly or annual HOA dues, and no CDD is expected; carrying costs are property taxes, insurance, and upkeep (confirm any HOA and the flood status per parcel).

There is no HOA-managed common area or amenity here, and no shared standards beyond city code. Budget for your own maintenance rather than dues.

There is no community club or amenity package; this is an attainable, established neighborhood rather than an amenity community.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Franklin Heights, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Garden Manor, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Franklin Heights home worth?

Get a no-obligation home value based on real comparable sales in Franklin Heights matched to your condition, lot, and view, 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 Franklin Heights on the map →
Or get your Franklin Heights home value & selling guide →

Real comps, not a Zestimate.

Franklin Heights Market Scorecard

Strong seller's market

Franklin Heights is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 79 days.

1.8
Months supply
$1,019,500
Median list
$847,500
Median sold
$313
Per sqft
79
Days on mkt
6/8/41
Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Franklin Heights?
Franklin Heights is an established single-residential neighborhood in St. Petersburg, in central Pinellas County's 33713 ZIP, central to downtown, the interstates, and the beaches.
Does Franklin Heights have an HOA?
Public sources describe the neighborhood as generally having no homeowners association, so there are usually no HOA dues. Confirm whether a specific home carries any association.
Is there a CDD fee in Franklin Heights?
No Community Development District bond is expected for an established neighborhood like this. Confirm per parcel on the tax bill as a matter of course.
What kind of homes are in Franklin Heights?
Public sources describe cozy, reasonably priced homes dating to around 1950 and ranging widely in size. Because the neighborhood is built out, condition and updates vary home to home.
Did the 2024 hurricanes affect this area?
Hurricanes Helene and Milton brought flooding to low-lying coastal Pinellas in 2024, with impact varying by elevation. Confirm a specific home's flood zone, elevation, and history before you offer.
How far is Franklin Heights from downtown and the beaches?
Downtown St. Petersburg is roughly eight to twelve minutes by car, and the Gulf beaches about fifteen to twenty minutes.
What schools serve Franklin Heights?
The neighborhood is served by Pinellas County Schools. School assignment is by address and changes periodically, so confirm the current zoned schools for a specific home with the district.
Is Franklin Heights affordable?
It is among St. Petersburg's more attainable established neighborhoods, with no HOA dues. The home-specific condition, roof, and insurance picture drive the real cost of ownership.
What should I check before buying in Franklin Heights?
Read the flood zone and elevation, get a windstorm and flood insurance quote, inspect the roof and systems on a mid-century home, confirm there is no HOA, and read the lot.
Is Franklin Heights good for investors?
Its attainable pricing, no HOA, and central location draw both owner-occupants and investors. As with any older home, condition and the insurance picture decide the outcome.
Is Franklin Heights a gated community?
No. It is an open, established neighborhood of individual parcels rather than a gated, HOA-managed community.
Should I use the listing agent to buy here?
No. The listing agent works for the seller. On an older home where condition and the flood and insurance picture swing value, having your own representation is the highest-leverage decision you make.
Who is the best real estate agent for Franklin Heights?
The best agent for Franklin Heights is one who actively works St. Petersburg and knows the community's pricing, HOA and CDD details, 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 Franklin Heights.
How do I find a top St. Petersburg real estate agent who knows Franklin Heights?
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 Franklin Heights and the wider St. Petersburg area.
Can Momentum Realty connect me with an agent for Franklin Heights?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Franklin Heights purchase or sale — no call center and no pressure.
Buyers who want an affordable, no-HOA home central to St. PetersburgExcellent fit
Anyone comfortable updating a mid-century homeExcellent fit
Buyers who value proximity to downtown, the interstates, and the beachesExcellent fit
Owner-occupants and investors reading the condition and lot honestlyExcellent fit
Buyers who will read the flood and insurance picture before offeringExcellent fit
Buyers who want new construction or a low-maintenance homeProbably not
Anyone who wants community amenities or managed standardsProbably not
Buyers who will not read the flood zone and insurance pictureProbably not
Anyone who wants a suburban master planProbably not
Buyers who will not budget roof and systems on an older homeProbably not

Get the inside read on Franklin Heights

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Franklin Heights home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Franklin Heights specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Franklin Heights — what to look for, questions to ask, and your local expert.
Stellar MLS logoMLS GRID logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

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