Gulf
Homes for Sale in Belleair Beach, FL

This is a compact 1970s-era condo footprint in Belleair Beach — 15 units, modest square footage, and a coastal Pinellas location where the address does a lot of the work. It rewards buyers who value the location over new construction and are comfortable with the realities of an older building.

Stellar MLS sales records identify 12 homes in Gulf that have changed hands since 2014, built between 1973 and 1973 (median 1973), with a median living area of about 1,130 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. 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.

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

In ZIP 33786, 45 homes are on the market and 11% are under contract — a slower corner of Belleair Beach.

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

In ZIP 33786 (Belleair Beach), 47 homes closed in the last 12 months at a median of $850K ($477/sq ft), down 7.8% year over year, with a median 59 days on market. Right now 18 active and 2 pending listings put supply at about 17.7 months — a soft market. See the live ZIP 33786 housing market and the Pinellas County market.

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

The stock here is homogeneous by design: built within a tight 1973–1979 window, with a median living area near 1,110 square feet. That consistency makes the variables easy to name — how the individual unit has been updated, which floor and orientation it holds, and the condition of the building's shared systems. Buildings of this vintage carry real diligence items: roof, plumbing, and reserve and assessment history matter as much as the interior finishes, and in Florida a current milestone inspection and reserve study are things to read closely before you write an offer.

Because only about 20% of units are homesteaded, this reads as a second-home and investor-leaning building. That has practical consequences: rental rules, occupancy patterns, and lender treatment of the association can all affect what you can do with a unit and how you finance it. None of that is a knock — it is simply the profile to underwrite honestly.

A 15-unit building with no recent closings is exactly where local judgment beats a spreadsheet. We help buyers pressure-test condition, floor position, and association health against a thin comp record, and we help sellers price into a market that has no fresh in-building sale to lean on. Either way, the work is in the diligence and the reading of the association documents — and that is where we earn the engagement.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.