Melrose
Homes for Sale in St. Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Stellar MLS
As of October 2026, the MLS records 35 closed sales in Melrose Sub 1St Add in St Petersburg, FL since 2012, the most recent in December 2025. Recorded prices since 2024 ran from $325,000 to $679,000 (median $445,000), on homes of 858 to 1,696 sq ft. Across St Petersburg as a whole, 3,867 homes closed in the last 12 months at a median of $439,000, 43 median days on market, with 1,068 homes for sale today. At that median and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $8,630 ($7,810 with the full homestead exemption).
| Location | St Petersburg, Pinellas County, FL · ZIP 33713 |
|---|---|
| Homes in the community | 954 (FL DOR 2025 assessment roll) |
| Years built | 1920–2024 (median 1954.0) |
| Typical living area | 1,288 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 68% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Melrose Sub 1St Add key facts,” movewithmomentum.com/neighborhoods/melrose-sub-1st-add, data as of September 20, 2026.
Melrose Sub 1st Add is an older core-city pocket in St Petersburg, with a median build year of 1954 and stock stretching from 1920 all the way to 2024. Price here is driven less by any single formula and more by condition and vintage: at a median of about 1,289 square feet, these are compact homes, and the gap between a period house that has been reworked and one that has not can be wide. Don't anchor to a range — anchor to the specific house in front of you.
With roughly 954 homes and a homestead share near 68%, most of this is owner-occupied rather than a rental churn, which tends to hold inventory tighter. For buyers, that means fewer distressed or investor flips and more homes that reflect long ownership. For sellers, the older median age cuts both ways: a well-updated home stands out sharply against unrenovated neighbors, so condition is your lever.
Nearby homes for sale
No active listings inside MelroseHomes for Sale in St. Petersburg, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
This is a small, established St Petersburg neighborhood of mostly modest-footprint homes on a long timeline — early-1920s originals sitting near recent 2024 construction — so the character shifts block to block.
Stellar MLS sales records identify 95 homes in Melrose that have changed hands since 2005, built between 1925 and 2024 (median 1950), with a median living area of about 1,228 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 80 qualified sales in Melrose across 2024–2025 (48 in 2024, 32 in 2025), median $391,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
Who Melrose is best for.
Best for
- Buyers who value an established central St Petersburg location and plan to hold long-term
- Buyers open to a smaller footprint who will renovate or update over time
- Buyers who want owner-occupied stability over a high-turnover investor market
Probably not for
- Buyers who require large square footage and turnkey condition
- Buyers unwilling to budget for the systems and upkeep an older home can require
- Buyers expecting a predictable price band rather than condition-driven pricing
The market around Melrose
Melrose is too small for its own price trend, so here is the market around it.
In ZIP 33713, 185 homes are on the market and 31% are under contract — a fast-moving corner of St Petersburg.
Across Pinellas County, 6,539 homes are active and 1,627 pending (20% under contract).
In ZIP 33713 (St Petersburg), 460 homes closed in the last 12 months at a median of $388K ($324/sq ft), down 1.7% year over year, with a median 35 days on market. Right now 57 active and 22 pending listings put supply at about 3.5 months — a balanced market. See the live ZIP 33713 housing market and the Pinellas County market.
ZIP and county figures describe the wider market, not Melrose specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Melrose Sub 1St Add, 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 September 2026 through September 2026. Deemed reliable but not guaranteed.
The Melrose buying strategy.
If we were buying in Melrose 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.
A vintage core with a wide condition spread
The defining fact here is age and size: a 1954 median build year and a median under 1,300 square feet mean you are largely shopping smaller footprints, many with the layouts and systems of their era. The build range from 1920 to 2024 tells you renovation and infill have both happened, so two homes a street apart can differ dramatically in updates, mechanicals, and finish level.
That variance is where the real work is. Because you cannot lean on a tidy price band, valuation comes down to reading each property — what's been touched, what hasn't, and what an older St Petersburg home may need behind the walls. The high homestead share suggests a stable, lived-in neighborhood rather than a speculative one, which is a point in favor of buyers who want to hold.
The location and the amenities are priced into every listing in Melrose. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood where the median home dates to 1954 and condition — not a price sheet — sets value, our job is to price and inspect house by house. We will walk you through what an older St Petersburg property's age implies for systems and scope of work, and we will tell you when a listing's asking price is riding on renovation you'd be paying for twice.
Melrose in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 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 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Melrose, 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 home worth?
Get a no-obligation home value based on real comparable sales in Melrose, 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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Frequently Asked Questions
How many homes are in Melrose?
What share of Melrose is owner-occupied?
When were the homes in Melrose built?
Who is the best real estate agent for Melrose?
How do I find a top St Petersburg real estate agent who knows Melrose?
Can Momentum Realty connect me with an agent for Melrose?
Where is Melrose, and what county is it in?
Should you buy in Melrose?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 33713)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (35 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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