Parkwood 1St Add
Homes for Sale in Clearwater, FL
True comps, carrying-cost math, and listings before the portals.

Parkwood 1st Add is a builder's-eye mix: homes here span from 1919 up through 2020, with a median build year of 1961. That century-plus range means condition and era do more to set price than any single neighborhood-wide feature. A buyer walking two blocks can go from a pre-war bungalow to a recent rebuild, and each carries a different renovation math.
There is no listed community amenity package tied to this neighborhood in current MLS data, so the draw is the lot and the location itself, not a clubhouse or pool. With homestead exemptions in place on roughly two-thirds of homes, a meaningful share of this stock is owner-held rather than turned over as rental or investment inventory, which tends to keep the market steadier and less reactive to short-term swings.
Who Parkwood 1St Add is best for.
Best for
- Buyers comfortable evaluating each home on its own condition rather than relying on a uniform neighborhood standard
- Buyers seeking a modest-footprint home in an established Clearwater location without amenity-driven HOA fees
- Buyers or investors interested in renovation potential given the presence of older housing stock alongside newer builds
Probably not for
- Buyers who want new construction as the baseline expectation across an entire neighborhood
- Buyers who want a shared amenity package such as a pool, clubhouse, or planned recreational space
- Buyers who prefer a single, predictable architectural era with minimal condition variance from house to house
The market around Parkwood 1St Add
Parkwood 1St Add is a small community — 11 recorded sales on file, most recently in 2025 — 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).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Parkwood 1St Add specifically. Momentum Research analysis of MLS records.
The Parkwood 1St Add buying strategy.
If we were buying in Parkwood 1St Add 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 Parkwood 1St Add.
A neighborhood built in layers
The 1919-2020 build range is the defining fact of this community. It is not a single-era subdivision — it is a layered neighborhood where early-20th-century construction sits alongside recent builds. For buyers, that means due diligence has to be house-specific: the age on a listing tells you almost nothing about what condition to expect without an inspection.
At 236 homes and a median size of 1,550 square feet, this is a compact, established footprint rather than a sprawling master-planned tract. No community amenities are identified in current MLS listings, so this is a neighborhood evaluated on the home and the location, not on shared recreational infrastructure. The 68.4% homestead share suggests a base of longer-term owner occupancy, which typically correlates with more consistent upkeep and less flip-driven turnover, though it does not guarantee condition on any individual property.
The location and the amenities are priced into every listing in Parkwood 1St Add. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A neighborhood spanning a full century of construction rewards agents who read a house on its own terms rather than leaning on neighborhood averages. We walk each property against its actual build year and condition, help you separate a well-maintained older home from one needing near-term capital work, and price accordingly rather than by assumption.
Parkwood 1St Add in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Parkwood 1St Add 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 Parkwood 1St Add sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Parkwood 1St Add, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Parkwood 1St Add home worth?
Get a no-obligation home value based on real comparable sales in Parkwood 1St Add, 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 Parkwood 1St Add?
What share of Parkwood 1St Add is owner-occupied?
When were the homes in Parkwood 1St Add built?
Who is the best real estate agent for Parkwood 1St Add?
How do I find a top Clearwater real estate agent who knows Parkwood 1St Add?
Can Momentum Realty connect me with an agent for Parkwood 1St Add?
Should you buy in Parkwood 1St Add?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33756)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2015 (3 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.
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See how PARKWOOD 1ST ADD fits the bigger picture — live prices, inventory, and Momentum Scores:
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