Melrose Mercy St Petersburg in ST PETERSBURG

Melrose Mercy St Petersburg
Homes for Sale in ST PETERSBURG, FL

Community in ST PETERSBURG · Pinellas County
1,388 homesBuilt 1910–2024
Free · No obligation
Talk to a Melrose Mercy St Petersburg Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data13 years of closingsFL DOR public recordsUpdated twice daily
Live · Melrose Mercy St Petersburg Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
50%
Under contract
Pinellas: 21% (1,852 of 8,761)
1 · 1
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
64%
Owner-occupied · Melrose Mercy St Petersburg
894 of 1405 parcels homesteaded (FL DOR 2025)
36%
Non-owner-occupied · Melrose Mercy St Petersburg
incl. 11% trust or LLC-held · 4% out-of-state
0%
Cash buyers · Melrose Mercy St Petersburg
0 of 3 sales, 12 mo ending June 2025
1,388
Homes in the community
plus 17 vacant residential lots · 1405 residential parcels (FL DOR 2025)
Track record · 13 years of records
Est. 1910
Community established
homes built 1910-2024, median 1955 (FL DOR 2025)
2
Failed listings · 2026
peaked at 5 in 2024
0.1%/yr
Turnover rate
about 2 of 1388 homes trade a year
Melrose Mercy St Petersburg Housing Pulse · Momentum Research · as of July 15, 2026

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 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.

Active inventory in distress
0.0%
0 of 39 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-08-24)

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.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • 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.

Dev Momentum63/100 · Active
  1. July 2026
    Development

    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
  2. July 2026
    Infrastructure

    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
  3. July 2026
    Development

    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

Development alerts for Melrose MercyGet a short monthly email when something new is approved, funded, or opens near Melrose Mercy.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

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.

If we were buying in Melrose Mercy St Petersburg 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 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.

Jon Brooks · Founder, Momentum Realty

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 Melrose Mercy St Petersburg sales matched to your home.

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 →

Real comps, not an automated estimate.

Melrose-Mercy Market Scorecard

Buyer's market

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.

8.0
Months supply
$879,400
Median list
$456,250
Median sold
$338
Per sqft
132
Days on mkt
2/0/3
Active/Pend/Sold

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?
As of July 15, 2026, Melrose Mercy St Petersburg is roughly balanced: 6.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Melrose Mercy St Petersburg?
The Florida DOR 2025 assessment roll shows 1,388 homes plus 17 vacant residential lots in Melrose Mercy St Petersburg (public records).
What share of Melrose Mercy St Petersburg is owner-occupied?
64% of Melrose Mercy St Petersburg parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Melrose Mercy St Petersburg built?
Homes in Melrose Mercy St Petersburg were built between 1910 and 2024, with a median year built of 1955 (FL DOR 2025 roll).
Do cash buyers compete in Melrose Mercy St Petersburg?
Cash buyers took 0% of Melrose Mercy St Petersburg sales in the 12 months ending June 2025 (0 of 3 closings, Stellar MLS).
What schools serve Melrose Mercy St Petersburg?
Melrose Mercy St Petersburg is served by Pinellas County Public Schools, typically Melrose Elementary School, John Hopkins Middle School and Gibbs High School. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Melrose Mercy St Petersburg?
The best agent for Melrose Mercy St Petersburg is one who actively works ST PETERSBURG 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 Melrose Mercy St Petersburg.
How do I find a top ST PETERSBURG real estate agent who knows Melrose Mercy St Petersburg?
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 Melrose Mercy St Petersburg and the wider ST PETERSBURG area.
Can Momentum Realty connect me with an agent for Melrose Mercy St Petersburg?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Melrose Mercy St Petersburg purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near Melrose Mercy St Petersburg with Momentum Realty’s local guides.

Floral Villa Estates St Petersburg0.2 mi awayTowns At Union St Petersburg0.5 mi awayPowers Central Park Sub St Petersburg0.8 mi awayPalmetto Park0.9 mi awayColonial Place St Petersburg1.0 mi awayCanvas Wad St Petersburg1.1 mi awayAlante St Petersburg1.1 mi awayCentral Avenue Heights St Petersburg1.1 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: July 16, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33713))
Under-contract sharesStellar MLS records, as of 2026-07-12
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-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.

Own a home here?

You just read the data. Now see what your home is worth.

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.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Thinking of selling in Melrose Mercy St Petersburg? 2 recorded closings (window ending 2026-07-15). See the Pinellas County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
Talk to a Local Melrose Mercy St Petersburg Expert
Call Get Listings