Lone Palm Beach 1St Add
Homes for Sale in Redington Beach, FL

Lone Palm Beach 1St Add market snapshot (as of July 15, 2026): the median sale price is about $490K ($364 per sq ft over the trailing 12 months of closed sales), and a median 210 days on market for closed sales.

Lone Palm Beach 1St Add is a community of 746 homes in Redington Beach, Pinellas County, built between 1925 and 2024 (median 1959.0), with a median living area of about 1,932 square feet. 49% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Lone Palm Beach 1St Add is a small, mature barrier-island pocket in Redington Beach where the housing stock ranges from pre-war originals to new construction, and pricing tracks condition more than any single formula. Just under half of homes carry a homestead exemption, pointing to a meaningful share of non-primary and investment ownership.

The century-wide build range (1925–2024) is the whole story. A 1959 median build year means many homes are past the point where roofs, systems, and flood-related updates matter enormously to value, and coastal building requirements can turn a teardown into a rebuild rather than a remodel. The median living area near 1,931 sqft is a useful anchor, but it hides how much variation there is between an untouched original and a modern replacement on the same footprint.

With a homestead share of about 49%, roughly half of this inventory is likely held as a second home or rental. That tends to mean a segment of the stock trades on lifestyle and cash-flow logic rather than owner-occupant timelines, which can add to the slow, condition-driven feel of the market. Read every listing on its own merits — square footage, what has been updated, and how the structure sits relative to coastal exposure.

A market with a 210-day median and thin closing volume rewards the broker who reads condition correctly, and this is a place where original-versus-renovated can swing value dramatically. We underwrite each home on its own structure and updates rather than leaning on a shaky comp set, and we set list and offer strategy around the slow pace so you neither overpay nor chase the market down. On a coastal, older-stock street, that discipline is the difference between a clean close and a stalled listing.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.