Lake Palms Apartments Co-Op
Homes for Sale in St. Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Lake Palms Apts Co-Op in St Petersburg, FL has 1 home for sale. Over the 12 months ending 2026-08-02, 4 recorded sales closed at a median of $137,500, $205 per square foot, a median 74 days on market, sellers accepting 88% of original asking. Homes listed or recently sold were built 1956 - 1980; none of the 10 geocoded homes sit in a FEMA special flood hazard zone (median elevation 27 ft). At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $2,670 ($1,850 with the full homestead exemption).
Lake Palms is a co-op building, which changes the math from a typical condo purchase - financing, resale, and board approval all run differently, and that structure does more to set who buys here than square footage does. With a median living area of 1,394 sqft and a build range spanning 1950 to 2024 (median year built 1973), unit condition and any updates since the original construction will move value more than location within the building.
Only 2 active listings against 323 total homes is a thin slice of inventory, and at 3.4 months of supply the market here reads balanced rather than tilted toward either side. That combination means pricing power sits with whoever is willing to be patient - sellers aren't getting bid up, but buyers also don't have much to compare against at any given moment.
Lake Palms Apartments Co-Op right now
🔴 Seller-leaning market. 1.7 months of supply and 50% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Medium (2 active and pending listings, 4 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lake Palms Apartments Co-Op market snapshot (as of August 2, 2026): the median sale price is about $138K ($205 per sq ft over the trailing 12 months of closed sales), a median 75 days on market for closed sales, and 1.7 months of supply, a seller-leaning market.
In ZIP 33701 (ST PETERSBURG), 1,156 homes closed in the last 12 months at a median of $1.65M ($833/sq ft), up 7.1% year over year, with a median 20 days on market. Right now 169 active and 32 pending listings put supply at about 2.7 months - a healthy market. See the live ZIP 33701 housing market and the Pinellas County market.
Lake Palms Apartments Co-Op is a community of 323 homes in St Petersburg, Pinellas County, built between 1950 and 2024 (median 1973), with a median living area of about 1,394 square feet. 51% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Lake Palms is a co-op community in St Petersburg built out in stages from 1950 through 2024, with the bulk of the building dating to a 1973 median year built, and just over half of homes here carrying a homestead exemption.
Who Lake Palms Apartments Co-Op is best for.
Best for
- A buyer comfortable with co-op financing and board approval steps in exchange for a secured, amenity-equipped building.
- Someone prioritizing low-maintenance living with on-site laundry, storage, and elevator access over unit customization.
- A buyer willing to do extra diligence on co-op bylaws and financials given the thin comparable-sales pool.
Probably not for
- A buyer who needs standard conventional mortgage financing without co-op-specific underwriting.
- Anyone needing to park a truck, RV, or motorcycle on-site, given the building's stated vehicle restrictions.
- A buyer wanting a wide selection to compare - with 2 active listings, choice is limited at any given time.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($138K) IS the median in the snapshot above.
Windows contain 0 to 7 sales each (4 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 2015 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Pinellas County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Pinellas County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Lake Palms Apts Co-op Market Scorecard
Lake Palms Apts Co-op is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 33701 ZIP is $750,349, about 117.6% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Lake Palms Apartments Co-Op
Live MLS inventory for Lake Palms Apartments Co-Op. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Lake Palms Apartments Co-Op listings as of 2026-09-14, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Tap any home to ask about it.
Lake Palms Apartments Co-Op on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.
Life at Lake Palms Apartments Co-Op
- Community Mailbox · reported on 3 of 5 listings
- Laundry · reported on 3 of 5 listings
- Gated Community - No Guard · reported on 2 of 5 listings
- Elevator(s) · reported on 2 of 5 listings
- Key Card Entry · reported on 1 of 5 listings
- Gated · reported on 1 of 5 listings
- Lobby Key Required · reported on 1 of 5 listings
- Storage · reported on 1 of 5 listings
- Vehicle Restrictions · reported on 1 of 5 listings
- No Truck/RV/Motorcycle Parking · reported on 1 of 5 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Pinellas County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Pinellas County Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Magnet and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Lake Palms Apartments Co-Op listings and can change; always confirm with Pinellas County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Lake Palms Apartments Co-Op address.
Shop the zone: Homes zoned for St. Petersburg High-Pn High School
The Lake Palms Apartments Co-Op buying strategy.
If we were buying in Lake Palms Apartments Co-Op 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 Lake Palms Apartments Co-Op.
A co-op, not a condo
The building's amenity set is built around controlled access and low-maintenance living: key card entry, a staffed-free gated perimeter, elevators, on-site laundry, and storage. Vehicle restrictions and a no truck/RV/motorcycle policy signal this is a building that manages parking and traffic tightly rather than leaving it open - worth confirming directly with the HOA before you assume your vehicle fits the rules.
Because it's structured as a cooperative, buyers should expect a different approval and financing path than a standard condo purchase - lenders, closing timelines, and resale mechanics can all differ. With only 2 active listings at any given time, there isn't a deep pool of recent comparables to lean on, so due diligence on the co-op's financials and bylaws matters more here than in a larger condo association.
The location and the amenities are priced into every listing in Lake Palms Apartments Co-Op. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Lake Palms Apartments Co-Op buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.0). Basis: Liquidity & Demand 1.7 months of supply; Owner Commitment 51% owner-occupied; Pricing Power 87.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Co-op transactions carry more procedural steps than a typical resale - board applications, financing that not every lender handles the same way, and bylaws that vary building to building. We walk buyers and sellers through that process specifically, and with inventory this thin, we track new listings and co-op paperwork closely enough to move when a unit does come up.
Lake Palms Apartments Co-Op in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $848/month (about $10,176/yr) · median of 6 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $848 per month ($10,176 a year) - the median AssociationFee across 6 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 Lake Palms Apartments Co-Op 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 Lake Palms Apartments Co-Op sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Palms Apartments Co-Op, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Palms Apartments Co-Op home worth?
Get a no-obligation home value based on real comparable sales in Lake Palms Apartments Co-Op, 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 Lake Palms Apartments Co-Op on the map →
Frequently Asked Questions
What is the median home price in Lake Palms Apartments Co-Op?
How long do homes in Lake Palms Apartments Co-Op take to sell?
Is Lake Palms Apartments Co-Op a buyer's or seller's market right now?
How many homes are in Lake Palms Apartments Co-Op?
What share of Lake Palms Apartments Co-Op is owner-occupied?
When were the homes in Lake Palms Apartments Co-Op built?
Do cash buyers compete in Lake Palms Apartments Co-Op?
What schools serve Lake Palms Apartments Co-Op?
Who is the best real estate agent for Lake Palms Apartments Co-Op?
How do I find a top St Petersburg real estate agent who knows Lake Palms Apartments Co-Op?
Can Momentum Realty connect me with an agent for Lake Palms Apartments Co-Op?
Should you buy in Lake Palms Apartments Co-Op?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 14, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2015 (27 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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More St. Petersburg & St. Petersburg & Pinellas County guides
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