Palm Island
Homes for Sale in Tierra Verde, FL

Palm Island is a small, deed-restricted enclave of 56 homes in Tierra Verde, Pinellas County, with a homestead share just above 60%, pointing to a community where a majority of owners occupy the home as their primary residence rather than holding it as a second property or rental.

Stellar MLS sales records identify 10 homes in Palm Island that have changed hands since 2009, built between 1991 and 1992 (median 1992), with a median living area of about 1,650 sq ft and a typical 2-bedroom, 2.5-bath layout; 100% are townhomes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Palm Island is too small for its own price trend, so here is the market around it.

In ZIP 33715, 232 homes are on the market and 14% are under contract — a slower corner of Tierra Verde.

Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).

In ZIP 33715 (TIERRA VERDE), 276 homes closed in the last 12 months at a median of $490K ($386/sq ft), down 5.6% year over year, with a median 95 days on market. Right now 91 active and 13 pending listings put supply at about 6.5 months — a soft market. See the live ZIP 33715 housing market and the Pinellas County market.

ZIP and county figures describe the wider market, not Palm Island specifically. Momentum Research analysis of MLS records.

• Pinellas County Public Schools (verify by address) · Public
• Confirm zoned elementary, middle, and high · By address
• Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent Palm Island listings 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 Palm Island address.

Three active listings out of 56 homes is a thin slice of the community on the market at any one time, and with zero closings recorded in the current window, there is no recent transaction data to anchor pricing conversations. That combination means buyers and sellers here are negotiating largely on the merits of the specific home in front of them rather than on a fresh run of comparable sales.

The typical home carries a median living area of 1,797.5 square feet and was built around 1989, giving a working sense of scale and age for the community, but the built range runs from 1982 to 2000, so there is real variation in floor plans and systems age from one listing to the next. Amenities reported across MLS listings include a pool, community mailbox, cable TV, maintenance, and irrigation using reclaimed water, alongside deed restrictions and a buyer approval requirement, all of which should be verified directly with the HOA before writing an offer.

In a community with only 3 active listings and no closings in the current window, there is no substitute for someone who tracks this inventory closely, understands the deed restrictions and buyer approval process, and can help you evaluate a specific home's condition and age against the range of homes built here between 1982 and 2000. Momentum works this kind of thin, slow-turning market by staying close to what is actually listed rather than relying on stale comparables.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.