Lakes Villas Condo I
Homes for Sale in Clearwater, FL

Community in Clearwater · Pinellas County
225 homesBuilt 1972–2002Median sale $113K
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Built fromLive Stellar MLS data10 years of closingsFL DOR public recordsUpdated twice daily
Live · Lakes Villas Condo I Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$113K
Median sold · 12 mo
$153/sf
Sold $/sqft · 12 mo
peak $168 in 2024
82.3%
Sale vs ask
Pinellas median: 93.3%
Tempo
117days
Median DOM · closed
20 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
77%
Owner-occupied · Lakes Villas Condo I
173 of 225 parcels homesteaded (FL DOR 2025)
23%
Non-owner-occupied · Lakes Villas Condo I
incl. 4% trust or LLC-held · 11% out-of-state
67%
Cash buyers · Lakes Villas Condo I
2 of 3 sales, 12 mo ending June 2026
225
Homes in the community
225 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 1972
Community established
homes built 1972-2002, median 1978 (FL DOR 2025)
2
Failed listings · 2026
peaked at 6 in 2019
865sqft
Median sold home size
12-mo windows, closed sales
1.8%/yr
Turnover rate
about 4 of 225 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Lakes Villas Condo I is a condo community in Clearwater where price is driven far more by condition and updates than by square footage. The median sits at $113,450, or about $153 per square foot on a median unit of roughly 1,660 square feet. With stock built between 1972 and 2002 and a median vintage of 1978, the spread between an original unit and a renovated one is where the real negotiation happens.

The posture right now is patient. A median of just over 116 days on market tells you these units are not clearing quickly, which gives buyers room to inspect, negotiate, and walk if the numbers do not work. Sellers should price to condition from day one; the market here is not rewarding optimism, and a listing that lingers only confirms the pace.

The 60-Second Overview

Lakes Villas Condo I market snapshot (as of July 15, 2026): the median sale price is about $113K ($153 per sq ft over the trailing 12 months of closed sales), and a median 117 days on market for closed sales.

Lakes Villas Condo I is a community of 225 homes in Clearwater, Pinellas County, built between 1972 and 2002 (median 1978), with a median living area of about 1,660 square feet. 77% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is an established Pinellas County condo community of 225 homes with a high owner-occupancy share — roughly 77% homestead — which tends to signal stable ownership rather than a rental-heavy building.

Best for

  • Buyers targeting a sub-$115K entry point who will do their homework on the building's finances
  • Owner-occupant buyers wanting a stable, established condo rather than a rental play
  • Buyers willing to trade an older vintage for a lower per-square-foot price and negotiating leverage

Probably not for

  • Buyers who need to close fast in a competitive, fast-moving market
  • Buyers unwilling to underwrite reserves, assessments, and aging mechanicals
  • Buyers set on newer construction or turnkey finishes with no renovation appetite

Windows contain 0 to 5 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 %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024201620182020202220242026
0 to 5 a year; 4 in the current window.
Sellers who gave up · failed listings per year
02462006201020162018202020242026
Canceled, expired, or withdrawn. 6 quit in 2019; 2 so far in 2026. The clearest stress gauge a community has.

If we were buying in Lakes Villas Condo 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 Lakes Villas Condo I.

Best Buy
Buyers who want an established Clearwater condo and are comfortable evaluating an older building.
Biggest Risk
1970s-era construction means reserves and mechanicals can drive unexpected cost.
Sweet Spot
An updated unit priced near the community median around $113,450.
Avoid If
You need a quick, competitive close or turnkey new construction.

Condition is the whole story

With a median build year of 1978 and units dating back to 1972, mechanicals, roofs, and reserves matter as much as anything cosmetic. Two units of similar size can sit far apart on price depending on updates, so read the numbers on any single listing against the community median rather than assuming it defines your unit. The $153-per-square-foot median is a midpoint, not a floor or a ceiling.

The high homestead share — about 77% — points to a community held largely by owner-occupants rather than investors. For a buyer, that generally means a more settled building; for a seller, it means your buyer pool leans toward people who intend to live in the unit, which rewards a clean, move-in-ready presentation.

The location and the amenities are priced into every listing in Lakes Villas Condo 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 condo community this age, the diligence is in the details — reserves, special assessments, roof and mechanical age, and how a specific unit's condition stacks up against the median. With closings thin and days on market long, we help buyers use that slack to negotiate and help sellers price honestly to condition instead of chasing a number the market has not supported.

Lakes Villas Condo I in 15 seconds.

Best forBuyers who want an established Clearwater condo and are comfortable evaluating an older building.
Biggest advantageA long median time on market gives buyers real negotiating room.
Biggest risk1970s-era construction means reserves and mechanicals can drive unexpected cost.
Sweet spotAn updated unit priced near the community median around $113,450.
Avoid ifYou need a quick, competitive close or turnkey new construction.

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 Lakes Villas Condo I sales matched to your home.

What is your Lakes Villas Condo I home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Lakes Villas Condo I?
The median sale price in Lakes Villas Condo I was $113K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in Lakes Villas Condo I take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 117 days on market (4 sales, Stellar MLS).
How many homes are in Lakes Villas Condo I?
The Florida DOR 2025 assessment roll shows 225 homes in Lakes Villas Condo I (public records).
What share of Lakes Villas Condo I is owner-occupied?
77% of Lakes Villas Condo I parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lakes Villas Condo I built?
Homes in Lakes Villas Condo I were built between 1972 and 2002, with a median year built of 1978 (FL DOR 2025 roll).
Do cash buyers compete in Lakes Villas Condo I?
Cash buyers took 67% of Lakes Villas Condo I sales in the 12 months ending June 2026 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Lakes Villas Condo I?
The best agent for Lakes Villas Condo I is one who actively works Clearwater 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 Lakes Villas Condo I.
How do I find a top Clearwater real estate agent who knows Lakes Villas Condo 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 Lakes Villas Condo I and the wider Clearwater area.
Can Momentum Realty connect me with an agent for Lakes Villas Condo I?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lakes Villas Condo I purchase or sale - no call center and no pressure.
Buyers targeting a sub-$115K entry point who will do their homework on the building's financesExcellent fit
Owner-occupant buyers wanting a stable, established condo rather than a rental playExcellent fit
Buyers willing to trade an older vintage for a lower per-square-foot price and negotiating leverageExcellent fit
Buyers who need to close fast in a competitive, fast-moving marketProbably not
Buyers unwilling to underwrite reserves, assessments, and aging mechanicalsProbably not
Buyers set on newer construction or turnkey finishes with no renovation appetiteProbably 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 (2 streets, ZIP 33762))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2016 (18 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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