Pelican Island
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 6 closed sales in Pelican Island Unit 1 in Tampa, FL since 2021, the most recent in May 2025. Across Tampa as a whole, 4,890 homes closed in the last 12 months at a median of $442,500, 39 median days on market, with 1,287 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $6,960 ($6,340 with the full homestead exemption).
Pelican Island is a small pocket of 84 homes, but the size of the houses is the story here. Median living area runs around 3,720 square feet, which is large for a single-section community, and that scale is what drives value more than any amenity package or shared infrastructure.
With no community amenities identified from current MLS listings, buyers are paying for the house and the site, not for a clubhouse or gated entry. Construction spans 1978 through 2024, so pricing on any given listing will hinge heavily on whether it is an original-era home or a newer build within the same footprint.
Nearby homes for sale
No active listings inside Pelican Island Unit 1 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
Pelican Island sits in Tampa, Hillsborough County, as a compact enclave of larger-format homes with a wide build-year spread and no listed community amenities, meaning the property itself carries the value case.
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 Pelican Island is best for.
Best for
- Buyers prioritizing square footage and willing to assess each home's condition individually
- Buyers who do not need community amenities as part of the purchase
- Buyers comfortable with a mix of original-era and newer construction on the same street
Probably not for
- Buyers who want a clubhouse, pool, or other shared community amenity
- Buyers who need consistent vintage or system age across comparable listings
- Buyers expecting a large, active resale pool given the small size of this community
The market around Pelican Island
Pelican Island is a small community — 15 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.
Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Pelican Island specifically. Momentum Research analysis of MLS records.
The Pelican Island buying strategy.
If we were buying in Pelican Island 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 Pelican Island.
Size and vintage do the talking
The median year built of 1983 puts the core of this pocket in an early-1980s construction era, but the range extending to 2024 means there is real variation in what a buyer will find walking through comparable-sized homes here. Systems, layouts, and finish levels will differ substantially between an original 1980s home and a recent build, and that gap matters more in a community this size, where each closing can move the read on value.
A homestead share of 91.9% is notably high and points to a community where most homes are held as owner-occupied primary residences rather than cycled as investment or seasonal stock. That tends to correlate with more consistent upkeep over time, though buyers should still evaluate each home on its own condition and history rather than assume uniformity across the 84 properties.
The location and the amenities are priced into every listing in Pelican Island. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this small, with no shared amenities to normalize value and a construction span of nearly five decades, pricing a home correctly means evaluating it against very specific comparables rather than a community-wide average. We track condition, vintage, and square footage on a home-by-home basis in Pelican Island so pricing conversations are grounded in what is actually on the ground, not a generic neighborhood figure.
Pelican Island 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 Pelican Island 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 Pelican Island sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pelican Island, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pelican Island home worth?
Get a no-obligation home value based on real comparable sales in Pelican Island, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Pelican Island on the map →
Frequently Asked Questions
How many homes are in Pelican Island?
What share of Pelican Island is owner-occupied?
When were the homes in Pelican Island built?
Do cash buyers compete in Pelican Island?
Who is the best real estate agent for Pelican Island?
How do I find a top Tampa real estate agent who knows Pelican Island?
Can Momentum Realty connect me with an agent for Pelican Island?
Should you buy in Pelican Island?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 33634)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2021 (6 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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More Tampa & Tampa & Hillsborough County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa & Hillsborough County or the full Neighborhood Finder.
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