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

Community in Apollo Beach · Hillsborough County
120 homesBuilt 1990–2005
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Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · Island Walk Ph Ii Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
63%
Owner-occupied · Island Walk Ph Ii
77 of 122 parcels homesteaded (FL DOR 2025)
37%
Non-owner-occupied · Island Walk Ph Ii
incl. 11% trust or LLC-held · 24% out-of-state
0%
Cash buyers · Island Walk Ph Ii
0 of 3 sales, 12 mo ending June 2023
120
Homes in the community
plus 2 vacant residential lots · 122 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1990
Community established
homes built 1990-2005, median 1996 (FL DOR 2025)
0
Failed listings · 2025
peaked at 2 in 2014
1.7%/yr
Turnover rate
about 2 of 120 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Island Walk Ph II is a built-out pocket of roughly 120 homes in Apollo Beach, put up between 1990 and 2005 with the median vintage around 1996. That age band is the real story here: price in this community is driven less by square footage — most homes cluster near 1,730 living square feet — and more by condition. A home that has had its systems, roof, and kitchen refreshed will command a premium over an original-era house that hasn't been touched, and the spread between the two can be wide.

Closings have been thin in the recent window, so a single sale carries outsized weight in any read of the market. Sellers should price to condition and comparable updates rather than to a headline number, and buyers should underwrite for age-related maintenance up front. With owner-occupancy at roughly 63 percent, this is a settled community rather than a churn-heavy one, which tends to mean fewer listings and slower, condition-sensitive negotiations.

Best for

  • Buyers targeting an established Apollo Beach address who value a settled, low-turnover setting over a brand-new subdivision
  • Renovation-minded buyers with budget set aside for updates who want to buy condition-adjusted and improve over time
  • Owner-occupants planning a longer hold rather than a quick resale

Probably not for

  • Buyers who want new construction or the latest floor plans and finishes
  • Anyone needing significantly more than roughly 1,730 square feet of living space
  • Short-hold investors counting on high listing turnover and frequent comps

The market around Island Walk Ph Ii

Island Walk Ph Ii is a small community — 6 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Island Walk Ph Ii specifically. Momentum Research analysis of MLS records.

If we were buying in Island Walk Ph Ii 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 Ii.

Best Buy
Buyers who want an established Apollo Beach location and are comfortable evaluating an older home on its merits.
Biggest Risk
Age-related maintenance — roofs, HVAC, and systems — can vary widely from house to house.
Sweet Spot
An updated home where the major systems have already been addressed.
Avoid If
You need turnkey new construction or a large, move-up floor plan.

A condition-driven resale market

With homes built from 1990 through 2005 and a median year built of 1996, the inventory here is old enough that big-ticket components — roofs, HVAC, water heaters, windows — are at or past the point where they get replaced. That makes the inspection the most important document in any deal. Two homes at the same square footage can justify very different prices depending on whether those systems have been addressed, and the median around 1,730 square feet means there isn't much size variation to hide behind.

The homestead share of roughly 63 percent points to a community held largely by long-term owner-occupants rather than short-hold investors. Practically, that usually translates to limited listing volume and homes that come to market when an owner is genuinely ready to move — not on a flip timeline. Patience and a willingness to act when the right updated home appears both matter here.

The location and the amenities are priced into every listing in Island Walk Ph Ii. 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, mature community where closings are infrequent, comps are scarce and each one moves the needle. We read past the headline number to what actually sold — the condition, the updates, the age of the systems — so buyers don't overpay for deferred maintenance and sellers don't underprice a genuinely renovated home. That local, deal-by-deal read is where a broker earns their keep in a market this thin.

Island Walk Ph Ii in 15 seconds.

Best forBuyers who want an established Apollo Beach location and are comfortable evaluating an older home on its merits.
Biggest advantageA settled, largely owner-occupied community on a consistent home footprint.
Biggest riskAge-related maintenance — roofs, HVAC, and systems — can vary widely from house to house.
Sweet spotAn updated home where the major systems have already been addressed.
Avoid ifYou need turnkey new construction or a large, move-up floor plan.

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 Ii sales matched to your home.

What is your Island Walk Ph Ii home worth?

Get a no-obligation home value based on real comparable sales in Island Walk Ph Ii, 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 Island Walk Ph Ii on the map →

Real comps, not an automated estimate.

Recent Developments in Island Walk Ph Ii

Development, infrastructure, retail, and school activity affecting Island Walk Ph Ii, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  1. July 2026
    Development

    33-story tower planned for Water Street Tampa expansion

    Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.

    What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 22 miles north of Island Walk Ph Ii, elsewhere in Hillsborough County.

    Source: Florida YIMBY
  2. July 2026
    Infrastructure

    New Interstate 75 interchange planned for Parrish area access

    A new Interstate 75 interchange is being planned to improve access for the Parrish area, primarily located in Hillsborough County and connecting to Manatee County through a possible Fort Hamer Road extension. The project is in the planning phase.

    What it may mean for the marketPlans a new interstate interchange that would expand road capacity and connectivity for a growing area, potentially shaping future development patterns along the corridor. The site is about 2 miles south of Island Walk Ph Ii.

    Source: Tampa Bay Times
  3. July 2026
    Development

    Mercy Oaks II affordable apartments open on North Florida Avenue

    Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.

    What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 27 miles north of Island Walk Ph Ii, elsewhere in Hillsborough County.

    Source: City of Tampa
  4. July 2026
    Builder Activity

    First 3D-printed affordable home nears completion in East Tampa

    The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.

    What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 24 miles north of Island Walk Ph Ii, elsewhere in Hillsborough County.

    Source: Bay News 9

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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.

Frequently Asked Questions

How many homes are in Island Walk Ph Ii?
The Florida DOR 2025 assessment roll shows 120 homes plus 2 vacant residential lots in Island Walk Ph Ii (public records).
What share of Island Walk Ph Ii is owner-occupied?
63% of Island Walk Ph Ii 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 Ii built?
Homes in Island Walk Ph Ii were built between 1990 and 2005, with a median year built of 1996 (FL DOR 2025 roll).
Do cash buyers compete in Island Walk Ph Ii?
Cash buyers took 0% of Island Walk Ph Ii sales in the 12 months ending June 2023 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Island Walk Ph Ii?
The best agent for Island Walk Ph Ii 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 Ii.
How do I find a top Apollo Beach real estate agent who knows Island Walk Ph Ii?
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 Ii and the wider Apollo Beach area.
Can Momentum Realty connect me with an agent for Island Walk Ph Ii?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Island Walk Ph Ii purchase or sale - no call center and no pressure.
Buyers targeting an established Apollo Beach address who value a settled, low-turnover setting over a brand-new subdivisionExcellent fit
Renovation-minded buyers with budget set aside for updates who want to buy condition-adjusted and improve over timeExcellent fit
Owner-occupants planning a longer hold rather than a quick resaleExcellent fit
Buyers who want new construction or the latest floor plans and finishesProbably not
Anyone needing significantly more than roughly 1,730 square feet of living spaceProbably not
Short-hold investors counting on high listing turnover and frequent compsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33572))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2012 (13 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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More Apollo Beach & Tampa & Hillsborough County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa & Hillsborough County or the full Neighborhood Finder.

Thinking of selling in ISLAND WALK PH II? 2 recorded closings (window ending 2026-08-02). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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