Island Walk
Homes for Sale in Apollo Beach, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 13 closed sales in Island Walk Ph Ii in Apollo Beach, FL since 2012, the most recent in March 2026. Across Apollo Beach as a whole, 323 homes closed in the last 12 months at a median of $501,250, 71 median days on market, with 137 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $7,880 ($7,260 with the full homestead exemption).
Part of Island Walk A Condo, Apollo Beach, FL — see all Island Walk A Condo homes for sale (7 listings across 4 sections in the MLS).
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.
Nearby homes for sale
No active listings inside Island Walk Ph Ii 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
This is a mature, fully established Apollo Beach community of about 120 homes on a consistent floor plan footprint — the kind of place where what you pay tracks what has been updated inside, not the size on the tax roll.
Stellar MLS sales records identify 62 homes in Island Walk that have changed hands since 2004, built between 1989 and 2000 (median 1998), with a median living area of about 1,500 sq ft and a typical 3-bedroom, 2-bath layout; 98% 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.
Who Island Walk is best for.
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
Island Walk is too small for its own price trend, so here is the market around it.
In ZIP 33572, 442 homes are on the market and 19% are under contract — a steady corner of Apollo Beach.
Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).
In ZIP 33572 (Apollo Beach), 843 homes closed in the last 12 months at a median of $501K ($216/sq ft), down 0.5% year over year, with a median 71 days on market. Right now 137 active and 29 pending listings put supply at about 5.3 months — a balanced market. See the live ZIP 33572 housing market and the Hillsborough County market.
ZIP and county figures describe the wider market, not Island Walk specifically. Momentum Research analysis of MLS records.
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.
- July 2026Development
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 - July 2026Infrastructure
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 - July 2026Development
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 - July 2026Builder 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
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.
The Island Walk buying strategy.
If we were buying in Island Walk today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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. The deal is won or lost on condition, the comps, and the renovation math.
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 in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Island Walk buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Island Walk sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Island Walk, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Island Walk home worth?
Get a no-obligation home value based on real comparable sales in Island Walk, 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 all homes for sale in Apollo Beach →
Should you buy in Island Walk?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-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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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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See how Island Walk Ph Ii fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Island Walk. These are the public schools most often assigned to other communities in ZIP 33572; zones change and vary by address, so confirm with the district before you buy.
- Lennard High School · Public · FLDOE grade B (assigned to 4 nearby communities)
- Eisenhower Middle School · Public · FLDOE grade C (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Common questions about Island Walk
Where is Island Walk?
Island Walk is a community in Apollo Beach, Hillsborough County, Florida, ZIP 33572.
Are there homes for sale in Island Walk right now?
No active listings inside Island Walk at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Island Walk have an HOA or CDD?
No HOA is on record for Island Walk 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 Island Walk with Momentum Realty’s local guides.