Parker Pointe market snapshot (as of June 24, 2026): the median sale price is about $715K ($265 per sq ft), with homes averaging 99 days on market and 4.0 months of supply, a buyer-leaning market (limited data). Based on 12 recent closings in live Stellar MLS data.
Parker Pointe is a gated waterfront community in Odessa, in Pasco County in the 33556 ZIP, in the Keystone and Odessa area northwest of Tampa. It pairs an established phase of single-family homes, built by M/I Homes from the late 1990s into the 2010s, with a newer phase of single-family homes and townhomes, with lake access and boating among the draws.
Because the community mixes products and phases, the read changes by where you buy. The established single-family homes range widely in size and sit on larger lots, while the newer phase adds lower-maintenance townhomes and new construction. Condition matters more in the established phase; the lot and water access matter throughout. Read the specific home honestly before you judge a list price.
The fee structure is a gated-community HOA. Confirm the current HOA dues, what they cover, any townhome exterior coverage, and whether any CDD applies to the specific parcel, in writing before you offer, since the carrying cost varies by phase and product.
The location is the durable asset. Odessa places Parker Pointe in the lake-rich Keystone area near the Suncoast Parkway and the Veterans Expressway toward Tampa, with a gated, waterfront setting and boating. The honest work is matching a specific home to the closest comparable sales by product, phase, lot, and water access, and pricing the full carrying cost before any headline number.