Graceline Lakewood Shores
Homes for Sale in St. Petersburg, FL

Community in St Petersburg · Pinellas County · ZIP 33712
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Built fromLive Stellar MLS data9 years of closingsUpdated twice daily

As of September 2026, the MLS records 5 closed sales in Graceline Lakewood Shores Ph Iii in St Petersburg, FL since 2017, the most recent in July 2026. Across St Petersburg as a whole, 3,719 homes closed in the last 12 months at a median of $435,000, 44 median days on market, with 1,078 homes for sale today. At that median and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $8,430 ($7,620 with the full homestead exemption).

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.

Nearby homes for sale

No active listings inside Graceline Lakewood Shores Ph Iii right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

2940 47TH AVENUE
$500K · 0.1 mi away
3 bd · 2 ba · 1,210 sqft
2940 47TH AVENUE
Listed by SMITH & ASSOCIATES REAL ESTATE
2801 51ST AVENUE
$435K · 0.1 mi away
2 bd · 2 ba · 1,376 sqft
2801 51ST AVENUE
Listed by MICHAEL SAUNDERS & COMPANY
3001 58TH AVENUE #613
$160K · 0.5 mi away
1 bd · 1 ba · 640 sqft
3001 58TH AVENUE #613
Listed by CENTURY 21 COASTAL ALLIANCE
3001 58TH AVENUE #1014
$250K · 0.5 mi away
3 bd · 2 ba · 1,140 sqft
3001 58TH AVENUE #1014
Listed by ELITE TAMPA BAY REALTY LLC
3001 58TH AVENUE #1106
$200K · 0.5 mi away
2 bd · 2 ba · 910 sqft
3001 58TH AVENUE #1106
Listed by EPIQUE REALTY, INC.
3001 58TH AVENUE #805
$215K · 0.5 mi away
2 bd · 2 ba · 910 sqft
3001 58TH AVENUE #805
Listed by SEXAUER REAL ESTATE INTL.

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Graceline Lakewood Shores Ph III in St Petersburg, Pinellas County, holds 158 homes spanning nearly a century of construction, with a median living area of 1,713 square feet and a median build year of 1967.

Stellar MLS sales records identify 10 homes in Graceline Lakewood Shores that have changed hands since 2011, built between 2011 and 2012 (median 2011), with a median living area of about 1,833 sq ft and a typical 4-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

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

Graceline Lakewood Shores is too small for its own price trend, so here is the market around it.

In ZIP 33712, 145 homes are on the market and 21% are under contract — a steady corner of St Petersburg.

Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).

In ZIP 33712 (St Petersburg), 363 homes closed in the last 12 months at a median of $460K ($315/sq ft), down 1.7% year over year, with a median 35 days on market. Right now 52 active and 16 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 33712 housing market and the Pinellas County market.

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

Graceline Lakewood Shores Ph Iii by the numbers

From county property records and closed MLS sales for the Graceline Lakewood Shores Ph Iii subdivision: 10 homes on record; built 2011–2012; typical size about 1,831 heated sq ft; 3.5 bedrooms is the median. Housing mix: single-family 100%.

YearRecorded salesMedian price
20171$325,900
20183$278,000
20202$410,000
20231$450,000
20251$600,000
20261$690,000

Newest recorded sale: $690,000 on 2026-07-08.

Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.

If we were buying in Graceline Lakewood Shores 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.

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. 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 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
  • 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.

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 sales matched to your home.

What is your Graceline Lakewood Shores home worth?

Get a no-obligation home value based on real comparable sales in Graceline Lakewood Shores, 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 Graceline Lakewood Shores on the map →

Real comps, not an automated estimate.
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

Under-contract sharesStellar MLS records, as of 2026-09-08
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.

Own a home here?

You just read the data. Now see what your home is worth.

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 local comps.

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Common questions about Graceline Lakewood Shores

Where is Graceline Lakewood Shores?

Graceline Lakewood Shores is a community in St Petersburg, Pinellas County, Florida, ZIP 33712.

How many homes are in Graceline Lakewood Shores?

County property records list 10 homes in Graceline Lakewood Shores, built between 2011 and 2012; the typical home is about 1,831 heated square feet.

What do homes in Graceline Lakewood Shores sell for?

Graceline Lakewood Shores has no MLS sales in the last 12 months. The most recent year with recorded sales on file is 2026 (1 sale, median $690,000). For context, ZIP 33712 has 145 homes on the market with 21% under contract.

Are there homes for sale in Graceline Lakewood Shores right now?

No active listings inside Graceline Lakewood Shores at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Graceline Lakewood Shores have an HOA or CDD?

No HOA is on record for Graceline Lakewood Shores in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Graceline Lakewood Shores with Momentum Realty’s local guides.

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Browse all neighborhood guides →

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