Marker 5 Condo
Homes for Sale in Redington Shores, FL

Community in Redington Shores · Pinellas County
163 homesBuilt 1958–2015
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Built fromLive Stellar MLS data13 years of closingsFL DOR public recordsUpdated twice daily
Live · Marker 5 Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
15%
Owner-occupied · Marker 5 Condo
24 of 163 parcels homesteaded (FL DOR 2025)
85%
Non-owner-occupied · Marker 5 Condo
incl. 22% trust or LLC-held · 44% out-of-state
100%
Cash buyers · Marker 5 Condo
4 of 4 sales, 12 mo ending June 2022
163
Homes in the community
163 residential parcels (FL DOR 2025)
Track record · 13 years of records
Est. 1958
Community established
homes built 1958-2015, median 1980 (FL DOR 2025)
0
Failed listings · 2025
peaked at 3 in 2014
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Marker 5 Condo is a 163-unit waterfront-area condominium in Redington Shores, and the thing that actually moves price here is condition, not address. The building stock spans a wide era, from 1958 to 2015, with a median build year of 1980, so two units of the same square footage can trade very differently depending on renovation level, floor, and view. There is no single price band to quote — expect a wide spread driven by what has been updated and what has not.

The reported closings window shows no recent recorded sales in the snapshot, so pricing signals are thin right now. That cuts both ways: a seller has less recent comparable data to anchor an aggressive ask, and a buyer should underwrite carefully rather than assume momentum. Slow visible turnover means each listing tends to stand on its own merits.

Best for

  • Second-home buyers wanting a lock-and-leave coastal condo of modest size
  • Buyers comfortable underwriting an older building's reserves and insurance
  • Value-minded buyers willing to renovate an original unit to their spec

Probably not for

  • Buyers needing substantial square footage for full-time living
  • Buyers who want a turnkey unit with no due diligence on the association
  • Buyers relying on heavy recent sales data to price their offer

The market around Marker 5 Condo

Marker 5 Condo is a small community — 14 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

Across Pinellas County, 6,909 homes are active and 1,852 pending (21% under contract).

Homes here are condominium.

ZIP and county figures describe the wider market, not Marker 5 Condo specifically. Momentum Research analysis of MLS records.

If we were buying in Marker 5 Condo 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 Marker 5 Condo.

Best Buy
Buyers wanting a compact, lower-maintenance coastal condo for seasonal or lock-and-leave use.
Biggest Risk
An older median build year raises the stakes on reserves, assessments, and insurance.
Sweet Spot
An updated unit in a financially sound stack of the association.
Avoid If
You need large square footage or want to skip condo due diligence.

A condition-driven condo, not a price-band community

The wide construction range — 1958 through 2015 — is the single most important fact for a buyer to internalize. A 1980 median build year means much of the building predates modern coastal construction standards, so due diligence on the structure, reserves, insurance posture, and any special assessments matters more here than in a newer, single-vintage community. Ask for the association's financials and assessment history before you fall for a view.

Median living area around 1,200 square feet points to units that suit a lock-and-leave or seasonal use pattern more than sprawling primary living. Because homestead occupancy is low, expect a mix of owner-occupied and rental or seasonal units, which is worth confirming against the association's rental rules if you care about that balance.

The location and the amenities are priced into every listing in Marker 5 Condo. 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 building where recorded sales are sparse and price hinges on condition and association health, generic pricing guidance is close to useless. We read the specific unit against the association's reserves, assessment history, and insurance situation, and we tell you plainly when a lower ask is actually the more expensive unit once the numbers are on the table.

Marker 5 Condo in 15 seconds.

Best forBuyers wanting a compact, lower-maintenance coastal condo for seasonal or lock-and-leave use.
Biggest advantageA range of vintages and updated-versus-original units means real negotiating room on condition.
Biggest riskAn older median build year raises the stakes on reserves, assessments, and insurance.
Sweet spotAn updated unit in a financially sound stack of the association.
Avoid ifYou need large square footage or want to skip condo due diligence.

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 Marker 5 Condo sales matched to your home.

What is your Marker 5 Condo home worth?

Get a no-obligation home value based on real comparable sales in Marker 5 Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Marker 5 Condo?
The Florida DOR 2025 assessment roll shows 163 homes in Marker 5 Condo (public records).
What share of Marker 5 Condo is owner-occupied?
15% of Marker 5 Condo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Marker 5 Condo built?
Homes in Marker 5 Condo were built between 1958 and 2015, with a median year built of 1980 (FL DOR 2025 roll).
Do cash buyers compete in Marker 5 Condo?
Cash buyers took 100% of Marker 5 Condo sales in the 12 months ending June 2022 (4 of 4 closings, Stellar MLS).
Who is the best real estate agent for Marker 5 Condo?
The best agent for Marker 5 Condo is one who actively works Redington Shores 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 Marker 5 Condo.
How do I find a top Redington Shores real estate agent who knows Marker 5 Condo?
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 Marker 5 Condo and the wider Redington Shores area.
Can Momentum Realty connect me with an agent for Marker 5 Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Marker 5 Condo purchase or sale - no call center and no pressure.
Second-home buyers wanting a lock-and-leave coastal condo of modest sizeExcellent fit
Buyers comfortable underwriting an older building's reserves and insuranceExcellent fit
Value-minded buyers willing to renovate an original unit to their specExcellent fit
Buyers needing substantial square footage for full-time livingProbably not
Buyers who want a turnkey unit with no due diligence on the associationProbably not
Buyers relying on heavy recent sales data to price their offerProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33708))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2013 (10 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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