Madrigal Apartments
Condos for Sale in St Petersburg, FL

A small, 1967-built condo building in St Petersburg with just five homes on record and a compact median footprint of 780 square feet — this is a niche, owner-occupied corner of the Pinellas condo market rather than a large or amenity-driven 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.

Madrigal Apartments Condo is too small for its own price trend, so here is the market around it.

In ZIP 33708, 370 homes are on the market and 14% are under contract — a slower corner of St Petersburg.

Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).

In ZIP 33708 (St Petersburg), 467 homes closed in the last 12 months at a median of $530K ($357/sq ft), up 9.3% year over year, with a median 74 days on market. Right now 171 active and 24 pending listings put supply at about 6.5 months — a buyer's market. See the live ZIP 33708 housing market and the Pinellas County market.

ZIP and county figures describe the wider market, not Madrigal Apartments Condo specifically. Momentum Research analysis of MLS records.

With only five homes in the entire association, Madrigal Apartments Condo does not behave like a typical condo community where trends emerge across dozens of comparable sales. Every unit here effectively sets its own data point. Condition, floor level, and any individual updates will matter more to value than broader community-wide comparisons.

The building dates to 1967, and the median unit size of 780 square feet points to a compact, efficient layout typical of that era. No community amenities were identified from current MLS listings, so this is a building to evaluate on the unit and the structure itself — not on shared recreational features. The 100 percent homestead share suggests a base of owners using these as primary residences rather than short-term or investment holdings, which can matter for association rules and rental policy questions a buyer should confirm directly.

In a five-unit building, there is no shortcut to due diligence — you have to look at the actual condo docs, reserve fund status, and each unit's individual condition rather than lean on community-wide statistics. We pull the specific listing history and association details for a building this size before you write an offer, and we tell you plainly if the numbers don't support the ask.

Listings in this community report association dues of about $576 per month ($6,912 a year) — the median AssociationFee across 38 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, 2026-10.

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