Island Walk Ph I
Homes for Sale in Apollo Beach, FL

Community in Apollo Beach · Hillsborough County
418 homesBuilt 1990–2005Median sale $306K
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Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Island Walk Ph I Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$306K
Median sold · 12 mo
$204/sf
Sold $/sqft · 12 mo
peak $206 in 2022
97.1%
Sale vs ask
Hillsborough median: 95.9%
Tempo
13days
Median DOM · closed
2 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
55%
Owner-occupied · Island Walk Ph I
230 of 420 parcels homesteaded (FL DOR 2025)
45%
Non-owner-occupied · Island Walk Ph I
incl. 7% trust or LLC-held · 18% out-of-state
33%
Cash buyers · Island Walk Ph I
1 of 3 sales, 12 mo ending June 2026
418
Homes in the community
plus 2 vacant residential lots · 420 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1990
Community established
homes built 1990-2005, median 1991 (FL DOR 2025)
1
Failed listings · 2026
peaked at 10 in 2006
1,500sqft
Median sold home size
12-mo windows, closed sales
0.7%/yr
Turnover rate
about 3 of 418 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Island Walk Ph I is a small, built-out pocket in Apollo Beach, with homes dating to the late 1990s and a median around 1,787 square feet. At a $306,000 median and roughly $204 per square foot, price here is driven less by size tiers and more by condition and updates — a home that has been renovated versus one still wearing its original finishes will land in very different places within the same neighborhood.

The market posture is quick. A median of 13 days on market against a limited number of recent closings tells you well-prepared homes move fast, but it also means the sample is thin — one or two atypical sales can swing the read. Sellers should price to the condition-adjusted median rather than reaching; buyers should be ready to act and to underwrite the individual home's updates rather than the neighborhood average.

The 60-Second Overview

Island Walk Ph I market snapshot (as of July 15, 2026): the median sale price is about $306K ($204 per sq ft over the trailing 12 months of closed sales), and a median 13 days on market for closed sales.

Island Walk Ph I is a community of 418 homes in Apollo Beach, Hillsborough County, built between 1990 and 2005 (median 1991), with a median living area of about 1,448 square feet. 55% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a compact, fully established community of 78 homes built within a narrow window from 1994 to 2000, so the housing stock is consistent in vintage and scale. With roughly 72% homestead, turnover is modest and inventory is generally limited.

Best for

  • Buyers targeting the low-$300s who want an established, mid-size single-family home
  • Buyers who can act decisively when limited inventory turns over
  • Buyers comfortable pricing a home on its updates rather than the neighborhood average

Probably not for

  • Buyers who need a large selection of active listings at any given time
  • Buyers wanting newer construction or a broad spread of floor plans and sizes
  • Buyers who need a slow, low-pressure process in a market where prepared homes move in about two weeks

Windows contain 0 to 12 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K20122014201620182020202220242026
Every sale since 2006 · price vs size
$0$200K$400K1k2k2k
41 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $80 in 2012 to a $206 peak in 2022; $204 now.
Median days on market · closed sales
0204020122014201620182020202220242026
2 days at the 2022 low; 13 now.
Sale price vs original ask · median
95%100%105%20122014201620182020202220242026
97.1% now vs Hillsborough 95.9%.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 12 a year; 3 in the current window.
Sellers who gave up · failed listings per year
05102004200820122026
Canceled, expired, or withdrawn. 10 quit in 2006; 1 so far in 2026. The clearest stress gauge a community has.

If we were buying in Island Walk Ph I 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 Island Walk Ph I.

Best Buy
Buyers who want an established Apollo Beach home in a consistent vintage and are ready to move fast.
Biggest Risk
A thin sales sample means one unusual closing can distort the apparent median.
Sweet Spot
A well-updated home priced near the condition-adjusted median.
Avoid If
You need a wide selection or a range of sizes to choose from.

A condition-driven price, not a size ladder

Because the homes cluster tightly in age and around a 1,787-square-foot median, the usual spread you get from mixed floor plans is muted here. What separates one sale from another is the work that has been done since the late 1990s — roof, systems, kitchen, and baths. Treat the $204-per-square-foot figure as a midpoint, not a rule; updated homes justify more, and dated ones should be underwritten for the deferred work.

The high homestead share, near 72%, points to a neighborhood where owners tend to stay put. For a buyer that means fewer listings to choose from and a premium on being decision-ready when the right one comes up. For a seller it means your competition at any given moment is usually small, which favors clean presentation and honest pricing over waiting for the market to move for you.

The location and the amenities are priced into every listing in Island Walk Ph I. 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 small community with a thin recent-sales window and a fast median time to contract, the margin for error on price and prep is narrow. We read each home on its own condition and updates rather than leaning on a neighborhood average, and we help buyers move quickly without overpaying when inventory is tight.

Island Walk Ph I in 15 seconds.

Best forBuyers who want an established Apollo Beach home in a consistent vintage and are ready to move fast.
Biggest advantageUniform late-1990s stock and a small footprint make comparisons cleaner once you adjust for condition.
Biggest riskA thin sales sample means one unusual closing can distort the apparent median.
Sweet spotA well-updated home priced near the condition-adjusted median.
Avoid ifYou need a wide selection or a range of sizes to choose from.

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 Island Walk Ph I sales matched to your home.

What is your Island Walk Ph I home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Island Walk Ph I?
The median sale price in Island Walk Ph I was $306K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Island Walk Ph I take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 13 days on market (3 sales, Stellar MLS).
How many homes are in Island Walk Ph I?
The Florida DOR 2025 assessment roll shows 418 homes plus 2 vacant residential lots in Island Walk Ph I (public records).
What share of Island Walk Ph I is owner-occupied?
55% of Island Walk Ph I parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Island Walk Ph I built?
Homes in Island Walk Ph I were built between 1990 and 2005, with a median year built of 1991 (FL DOR 2025 roll).
Do cash buyers compete in Island Walk Ph I?
Cash buyers took 33% of Island Walk Ph I sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Island Walk Ph I?
The best agent for Island Walk Ph I is one who actively works Apollo Beach 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 Island Walk Ph I.
How do I find a top Apollo Beach real estate agent who knows Island Walk Ph I?
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 Island Walk Ph I and the wider Apollo Beach area.
Can Momentum Realty connect me with an agent for Island Walk Ph I?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Island Walk Ph I purchase or sale - no call center and no pressure.
Buyers targeting the low-$300s who want an established, mid-size single-family homeExcellent fit
Buyers who can act decisively when limited inventory turns overExcellent fit
Buyers comfortable pricing a home on its updates rather than the neighborhood averageExcellent fit
Buyers who need a large selection of active listings at any given timeProbably not
Buyers wanting newer construction or a broad spread of floor plans and sizesProbably not
Buyers who need a slow, low-pressure process in a market where prepared homes move in about two weeksProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33572/33602/33606))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (41 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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