Odeon Square Homes for Sale in Oldsmar, FL

Odeon Square is a coming-soon collection of 82 three-story luxury townhomes by DRB Homes in downtown Oldsmar, Pinellas County, built on the 6.23-acre site next to the Oldsmar Public Library at 510 St. Petersburg Drive E. The community broke ground in May 2025 after roughly five years of city planning, and the builder lists a Summer 2026 opening. Four floor plans, the Tenor, Baritone, Soprano, and Alto, run from roughly 2,259 to 2,828 square feet with 3 to 4 bedrooms, 3 to 4 baths plus a half bath, two-car garages, and balconies or porches, and 18 of the 82 units are marketed as live-work designs.

Because this is pre-launch, there is no resale history yet, and the practical decision is the floor plan, the position within the community, and the phase. DRB markets the community from the upper $500s with no CDD fees, but official pricing has not been released, so treat the banner as positioning, join the VIP list, and confirm current pricing with the builder. Local reporting also notes living spaces are elevated to about 16 feet above sea level, a design detail worth verifying against the FEMA flood map for the exact parcel.

Life at Odeon Square is planned around a resort-style pool and cabana, a pavilion, a community park and green space, a mail kiosk, and bike parking, with a city-placed public art installation at the front of the community. The bigger amenity is the address: this is downtown Oldsmar, behind the Park Avenue Plaza shopping center off Tampa Road, next to the public library, and about a mile from R.E. Olds Park on Old Tampa Bay, so daily errands, waterfront parks, and downtown events sit within a short walk or drive rather than a commute.

Oldsmar sits at the top of Old Tampa Bay in northern Pinellas County, which is the location argument: Tampa Road (SR 580) and Hillsborough Avenue connect east to Westchase, the Veterans Expressway, and Tampa International Airport in roughly 20 to 25 minutes in typical traffic, while Clearwater, Safety Harbor, and the Gulf beaches sit to the west and south. Mease Countryside Hospital in Safety Harbor and AdventHealth North Pinellas in Tarpon Springs are the nearby full-service hospitals, and the Upper Tampa Bay Trail network is a short drive east. Drive your own routes at your own hours before you commit.

This is a coming-soon community, so verify status first. Confirm the sales-launch date, the delivery timeline for the specific building, and the published pricing once it is released; the builder lists a Summer 2026 opening and markets from the upper $500s, but nothing here has closed or resold yet.

Confirm the all-in monthly. DRB markets Odeon Square as having no CDD fees, which is a genuine carrying-cost advantage if it holds, but the HOA dues and exactly what they cover, exterior maintenance, roof, insurance implications on a three-story attached product, have not been published. Get the HOA budget and the recorded documents in writing before you budget.

If a live-work unit interests you, read the fine print. Tampa Bay Business Journal reporting indicates the 18 live-work units are advertised as live, work, play space but will not be permitted as commercial storefronts, so verify in writing exactly what business use the zoning and the governing documents allow before paying a premium for the flex space.

Weigh buying early against waiting, confirm the school assignments for the address with Pinellas County Schools, pull the FEMA flood zone and insurance quotes for this near-bay downtown parcel, and walk the site: the community sits behind an active shopping center off Tampa Road, so judge the traffic, noise, and sightlines yourself.

Odeon Square's peers are the other new-construction townhome communities in north Pinellas. Against Townes at Island Lake in Pinellas Park, Odeon Square trades a mid-county location closer to St. Petersburg for a downtown Oldsmar address at the top of the bay with larger three-story plans and a shorter run to Tampa; against Montrose at Innisbrook in Palm Harbor, it trades the Innisbrook resort-adjacent setting for a walkable downtown site next to the library and city parks. Compare delivered pricing, HOA scope, and timelines on identical assumptions once DRB releases numbers.

Against East Lake Woodlands, Oldsmar's established gated golf and country-club community a few minutes north, the trade is new construction versus resale: Odeon Square offers a builder warranty, current code, and the no-CDD downtown pitch, while East Lake Woodlands offers mature landscaping, optional club amenities, and a deep resale record you can actually comp. The honest shorthand: pick Odeon Square for a new three-story townhome in walkable downtown Oldsmar and accept that it is pre-launch with no published pricing or resale history; pick the resale communities if you need a confirmed price and a home you can tour today.

Odeon Square fits buyers who want a new-construction, low-maintenance townhome with the space of a single-family home, roughly 2,259 to 2,828 square feet, in a walkable downtown Oldsmar location between Tampa and Clearwater, and who are comfortable joining a VIP list and buying early in a coming-2026 launch before pricing and HOA dues are published.

It is a weaker fit for buyers who need a confirmed price and a finished home to tour before committing, anyone who wants a large single-family lot or on-site golf, buyers planning a true commercial storefront out of a live-work unit, or anyone unwilling to underwrite flood insurance and HOA costs on a near-bay attached product before signing.