Melrose Mercy St Petersburg
Homes for Sale in ST PETERSBURG, FL
True comps, carrying-cost math, and listings before the portals.
Melrose Mercy St Petersburg right now
🟡 Balanced market. 6.0 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.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 July 15, 2026. Confidence: Low (2 active and pending listings, 2 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The setting & the homes.
Aerial and on-site photos of Melrose Mercy St Petersburg. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
The market around Melrose Mercy St Petersburg
Melrose Mercy St Petersburg is a small community — 49 recorded sales on file, most recently in 2026 — 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).
The housing mix here is 99% single family residence, 1% ?.
ZIP and county figures describe the wider market, not Melrose Mercy St Petersburg specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Melrose Mercy St Petersburg, ST PETERSBURG
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Melrose Mercy St Petersburg
Live MLS inventory for Melrose Mercy St Petersburg. 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 Melrose Mercy St Petersburg listings as of 2026-08-23, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Tap any home to ask about it.
Melrose Mercy St Petersburg 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, tiles © CARTO.
Schools
- Pinellas County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Melrose Elementary SchoolFLDOE grade A · Public (Pinellas)
- John Hopkins Middle SchoolFLDOE grade B · Public (Pinellas)
- Gibbs High SchoolFLDOE grade C · Public (Pinellas)
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year 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 Melrose Mercy St Petersburg address.
Recent Developments in Melrose Mercy
Development, infrastructure, retail, and school activity affecting Melrose Mercy, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
St. Pete advances housing plan for nine vacant city lots
The St. Petersburg City Council unanimously approved a first reading of an ordinance to place a measure on the November 3 ballot that would remove nine vacant city lots in Methodist Town from the city's Charter Park and Waterfront Map. The change would allow up to 41 units of affordable or workforce housing, with four lots planned for single family homes and five larger parcels for multifamily housing. The lots have held park designations since 1984 but have remained vacant.
What it may mean for the marketAdvances a plan to convert nine vacant city lots into new single family and multifamily housing, adding to local housing inventory. Placing the parcels on the ballot could open long dormant land for residential construction. The site is about 1 mile northeast of Melrose Mercy.
Source: St Pete Catalyst - July 2026Infrastructure
St. Pete approves temporary downtown dock for Tampa Bay ferry
The St. Petersburg City Council approved a temporary ferry dock on Bayshore Boulevard near the Vinoy in downtown St. Petersburg under a three-year contract costing about 324,200 dollars. Hubbard's Marina will operate cross bay service between downtown St. Petersburg and the Tampa Convention Center, with two vessels running year round. Service is expected to begin in October or November.
What it may mean for the marketEstablishes a temporary downtown dock and cross bay ferry connection, adding a new transit option and waterfront infrastructure serving the downtown St. Petersburg market. The site is about 2 miles northeast of Melrose Mercy.
Source: FOX 13 Tampa Bay - July 2026Development
Blake-Related team selected to redevelop 86-acre Historic Gas Plant District
St. Petersburg selected a bid led by Blake Investment Partners, with the Related Group as co-developer, to redevelop the 86-acre Historic Gas Plant District at the Tropicana Field site. The roughly 8.1 billion dollar mixed use plan calls for more than 3,600 income-restricted residential units, a 13-acre central park, and office, retail, hotel and civic space over an estimated 20-year buildout. The developers plan to purchase about 58 acres while the city retains roughly one third.
What it may mean for the marketAdds a large mixed use district with thousands of new residential units, a central park, and office, retail, hotel and civic space to the downtown St. Petersburg market. Redevelopment of the Tropicana Field site reshapes the surrounding property landscape and expands housing supply. The site is less than a mile northeast of Melrose Mercy.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Tampa Bay.
The Melrose Mercy St Petersburg buying strategy.
If we were buying in Melrose Mercy St Petersburg 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Melrose Mercy St Petersburg.
A closer look at the Melrose Mercy St Petersburg market
Inventory runs at 6.0 months of supply, a balanced market.
The housing stock is 1,388 homes built between 1910 and 2024, and 64% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Melrose Mercy St Petersburg. The deal is won or lost on condition, the comps, and the renovation math.
HOA, CDD & Fees
- 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.
Tools for a Melrose Mercy St Petersburg 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 Melrose Mercy St Petersburg sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Melrose Mercy St Petersburg, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Melrose Mercy St Petersburg home worth?
Get a no-obligation home value based on real comparable sales in Melrose Mercy St Petersburg, 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 Melrose Mercy St Petersburg on the map →
Melrose-Mercy Market Scorecard
Melrose-Mercy is currently a buyer's market. About 8.0 months of supply, a median asking price of $879,400, and homes go under contract in about 132 days.
Go deeper: county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Melrose Mercy St Petersburg a buyer's or seller's market right now?
How many homes are in Melrose Mercy St Petersburg?
What share of Melrose Mercy St Petersburg is owner-occupied?
When were the homes in Melrose Mercy St Petersburg built?
Do cash buyers compete in Melrose Mercy St Petersburg?
What schools serve Melrose Mercy St Petersburg?
Who is the best real estate agent for Melrose Mercy St Petersburg?
How do I find a top ST PETERSBURG real estate agent who knows Melrose Mercy St Petersburg?
Can Momentum Realty connect me with an agent for Melrose Mercy St Petersburg?
Nearby Communities
Explore more neighborhoods near Melrose Mercy St Petersburg with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: July 16, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33713)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2013 (48 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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