Graceline Lakewood Shores Ph Iii
Homes for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County
158 homesBuilt 1925–2023
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Built fromLive Stellar MLS data9 years of closingsFL DOR public recordsUpdated twice daily
Live · Graceline Lakewood Shores Ph Iii Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
58%
Owner-occupied · Graceline Lakewood Shores Ph Iii
93 of 159 parcels homesteaded (FL DOR 2025)
42%
Non-owner-occupied · Graceline Lakewood Shores Ph Iii
incl. 11% trust or LLC-held · 6% out-of-state
67%
Cash buyers · Graceline Lakewood Shores Ph Iii
2 of 3 sales, 12 mo ending June 2021
158
Homes in the community
plus 1 vacant residential lots · 159 residential parcels (FL DOR 2025)
Track record · 9 years of records
Est. 1925
Community established
homes built 1925-2023, median 1967 (FL DOR 2025)
0
Failed listings · 2025
peaked at 3 in 2025
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a community defined by its build era, not its amenities. With a median year built of 1967 and a range stretching from 1925 to 2023, Graceline Lakewood Shores Ph III is a mix of legacy mid-century homes and newer infill, which means condition and updates — not square footage or a shared feature list — do most of the work in setting price. Two homes on the same street can sit at very different points on value simply based on what's been touched inside.

There is no clubhouse, pool, or gated amenity package tied to this community based on current MLS data, so buyers are paying for the lot, the location within St Petersburg, and the home itself rather than a maintained amenity system. That keeps carrying costs simpler but also means there's no shared infrastructure propping up comparables — each sale stands more on its own.

Best for

  • Buyers comfortable evaluating homes individually rather than relying on a uniform community standard
  • Buyers interested in mid-century construction with the option to renovate or buy already-updated
  • Buyers who want a St Petersburg location without HOA-managed amenity fees

Probably not for

  • Buyers who want new construction as the baseline rather than the exception
  • Buyers expecting a clubhouse, pool, or other shared community amenity
  • Buyers who want a narrow, single-era architectural profile throughout the community

The market around Graceline Lakewood Shores Ph Iii

Graceline Lakewood Shores Ph Iii is a small community — 9 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

Across Pinellas County, 6,909 homes are active and 1,852 pending (21% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Graceline Lakewood Shores Ph Iii specifically. Momentum Research analysis of MLS records.

If we were buying in Graceline Lakewood Shores Ph Iii 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 Graceline Lakewood Shores Ph Iii.

Best Buy
Buyers looking for a St Petersburg address with a mid-century housing base and room to find an updated or original-condition home depending on budget priorities.
Biggest Risk
Wide condition spread across a near-century build range means underwriting each property on its own merits is essential.
Sweet Spot
Homes near the 1,713 sqft median tend to match the broadest pool of comparable sales.
Avoid If
Skip this one if you specifically want a community with maintained shared amenities — none are identified here.

A community built in layers

The 1925–2023 build range tells you this isn't a single-phase subdivision that went up over a couple of years — it's accumulated housing stock over close to a century, with a concentration around the mid-century mark given the 1967 median. That matters for inspections and renovation scope: an older home here may carry original systems or a documented history of updates, while newer or more recently renovated properties nearby can look nothing alike on paper despite similar square footage.

At a median of 1,713 square feet, most homes here sit in a moderate size range — not oversized, not compact — which keeps the pool of interested buyers broad. With just under 59% of homes carrying a homestead exemption, a meaningful share of the community is owner-occupied on a long-term basis, though this figure describes tax filing status on the property, not who lives there.

The location and the amenities are priced into every listing in Graceline Lakewood Shores Ph Iii. 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 community this age-diverse, pulling the right comparables means filtering by build year and renovation history, not just square footage. We walk each listing against homes from its actual construction era so pricing reflects real condition, not a blended neighborhood average.

Graceline Lakewood Shores Ph Iii in 15 seconds.

Best forBuyers looking for a St Petersburg address with a mid-century housing base and room to find an updated or original-condition home depending on budget priorities.
Biggest advantageNo HOA amenity overhead — value here is tied to the home and lot, not a shared fee structure.
Biggest riskWide condition spread across a near-century build range means underwriting each property on its own merits is essential.
Sweet spotHomes near the 1,713 sqft median tend to match the broadest pool of comparable sales.
Avoid ifSkip this one if you specifically want a community with maintained shared amenities — none are identified here.

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 Graceline Lakewood Shores Ph Iii sales matched to your home.

What is your Graceline Lakewood Shores Ph Iii home worth?

Get a no-obligation home value based on real comparable sales in Graceline Lakewood Shores Ph Iii, 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 Graceline Lakewood Shores Ph Iii?
The Florida DOR 2025 assessment roll shows 158 homes plus 1 vacant residential lots in Graceline Lakewood Shores Ph Iii (public records).
What share of Graceline Lakewood Shores Ph Iii is owner-occupied?
58% of Graceline Lakewood Shores Ph Iii parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Graceline Lakewood Shores Ph Iii built?
Homes in Graceline Lakewood Shores Ph Iii were built between 1925 and 2023, with a median year built of 1967.0 (FL DOR 2025 roll).
Do cash buyers compete in Graceline Lakewood Shores Ph Iii?
Cash buyers took 67% of Graceline Lakewood Shores Ph Iii sales in the 12 months ending June 2021 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Graceline Lakewood Shores Ph Iii?
The best agent for Graceline Lakewood Shores Ph Iii is one who actively works St Petersburg 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 Graceline Lakewood Shores Ph Iii.
How do I find a top St Petersburg real estate agent who knows Graceline Lakewood Shores Ph Iii?
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 Graceline Lakewood Shores Ph Iii and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Graceline Lakewood Shores Ph Iii?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Graceline Lakewood Shores Ph Iii purchase or sale - no call center and no pressure.
Buyers comfortable evaluating homes individually rather than relying on a uniform community standardExcellent fit
Buyers interested in mid-century construction with the option to renovate or buy already-updatedExcellent fit
Buyers who want a St Petersburg location without HOA-managed amenity feesExcellent fit
Buyers who want new construction as the baseline rather than the exceptionProbably not
Buyers expecting a clubhouse, pool, or other shared community amenityProbably not
Buyers who want a narrow, single-era architectural profile throughout the communityProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33712))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2017 (5 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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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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