PELICAN ISLAND UNIT 2
Homes for Sale in TAMPA, FL

Community in TAMPA · Hillsborough County · ZIP 33634
84 homesBuilt 1978–2024Median sale $2.08M
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Live Market Pulse
55/100
Market Heat
Near its long-run normal
2015 → 2026 · 89 at the 2022 peak
0 is PELICAN ISLAND UNIT 2's coldest market since 2015, 100 its hottest. Today: 55. How it's scored
Built fromLive Stellar MLS data19 years of closingsFL DOR public recordsUpdated twice daily
Live · PELICAN ISLAND UNIT 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$2.08M
Median sold · 12 mo
up 69.4% vs the prior 12 months
+69.4%
1-yr price change
n = 4 and 5 sales in the two windows
$491/sf
Sold $/sqft · 12 mo
peak $491 in 2026
91.8%
Sale vs ask
Tempo
35days
Median DOM · closed
0 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
92%
Owner-occupied · PELICAN ISLAND UNIT 2
79 of 86 parcels homesteaded (FL DOR 2025)
8%
Non-owner-occupied · PELICAN ISLAND UNIT 2
incl. 5% trust or LLC-held · 0% out-of-state
20%
Cash buyers · PELICAN ISLAND UNIT 2
1 of 5 sales, 12 mo ending June 2026
84
Homes in the community
plus 2 vacant residential lots · 86 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1978
Community established
homes built 1978-2024, median 1983 (FL DOR 2025)
2
Failed listings · 2026
peaked at 8 in 2006
4,710sqft
Median sold home size
12-mo windows, closed sales
4.8%/yr
Turnover rate
about 4 of 84 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Pelican Island Unit 2 carries a median around $900,000 with a median near $299 per square foot, which tells you price here is driven more by the property itself than by any single formula. At that per-foot figure paired with that median, condition, lot, and specific location within the community do most of the work — expect a wide spread depending on what a given home actually offers.

The current posture is fast. Median days on market sit at just 4, so well-prepared listings are moving quickly and buyers should come pre-approved and decisive. One caution: this read rests on a thin closings window of 3, so treat these numbers as a current snapshot rather than a deep trend, and verify against live inventory before you act.

PELICAN ISLAND UNIT 2 Housing Pulse · Momentum Research · as of August 2, 2026

PELICAN ISLAND UNIT 2 right now

🟢 Still climbing. The trailing-12-month median ($2.08M) is up 69.4% from the prior 12 months ($1.23M). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (4 and 5 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

PELICAN ISLAND UNIT 2 market snapshot (as of August 2, 2026): the median sale price is about $2.08M ($491 per sq ft over the trailing 12 months of closed sales), and a median 35 days on market for closed sales. The trailing-12-month median is up 69% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

PELICAN ISLAND UNIT 2 is a community of 84 homes in TAMPA, Hillsborough County, built between 1978 and 2024 (median 1983.0), with a median living area of about 3,720 square feet. 92% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is an upper-bracket Tampa pocket in Hillsborough County where the median clears $900,000 and homes are turning over in days, meaning the market rewards preparation on both sides of the table.

Best for

  • Buyers prepared to compete at a median near $900,000 and to move quickly once approved
  • Sellers with a well-maintained or updated home who want to capitalize on fast turnover
  • Move-in buyers who want an upper-bracket Tampa address in Hillsborough County and can act decisively

Probably not for

  • Buyers working a budget below this median who need lower price points
  • Anyone who wants a long list of recent comps before committing, given the thin closings window
  • Buyers who prefer a slow-moving market with room to negotiate over weeks

Windows contain 0 to 7 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2007 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$1M$2M20122014201620182020202220242026
Up 69.4% year over year.
Every sale since 2007 · price vs size
$0$2M$4M2k4k6k8k
40 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$40020122014201620182020202220242026
Up from $222 in 2012 to a $491 peak in 2026; $491 now.
Median days on market · closed sales
010020030020122014201620182020202220242026
0 days at the 2022 low; 35 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
91.8% now.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 4 in the current window.
Sellers who gave up · failed listings per year
0258200420082012201620242026
Canceled, expired, or withdrawn. 8 quit in 2006; 2 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016201820222026
89 at the 2022 peak, 24 in the troughs, 55 now. Same score as the hero card, full history.
How much local inventory is already under contract

24% of homes for sale in ZIP 33634 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

If we were buying in PELICAN ISLAND UNIT 2 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 UNIT 2.

Best Buy
Buyers and sellers operating comfortably in the upper bracket who value speed.
Biggest Risk
A thin sample of recent closings makes the numbers easy to misread.
Sweet Spot
A well-presented home priced against real, current condition-based comps.
Avoid If
You need a large body of comps or a slow, deliberate shopping pace.

Reading a thin, fast market

Two facts define Pelican Island Unit 2 right now: a $900,000 median and a 4-day median time to contract. Together they describe a higher-priced segment that is not sitting. When homes at this level move that fast, pricing and presentation are usually dialed in, and the gap between a sharp listing and an average one shows up quickly.

The important asterisk is the closings window of just 3. That is a small sample, and small samples move on a single unusual sale. The median per square foot near $299 is a useful anchor, but the honest move is to underwrite each home on its own merits — condition, layout, and exact position within the community — rather than assuming the median describes the next house you tour.

The location and the amenities are priced into every listing in PELICAN ISLAND UNIT 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.9B+ · Buy Score
Recent Direction10.0/10
Owner Commitment9.2/10
Pricing Power4.5/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (7.9). Basis: Recent Direction +69.4% year-over-year; Owner Commitment 92% owner-occupied; Pricing Power 91.8% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this fast and this thin on recent closings, the value is in accurate, current pricing and quick, clear-eyed execution. We read each property against the limited comps that exist, tell you when the median is misleading for a specific home, and help you move without overpaying or underselling.

PELICAN ISLAND UNIT 2 in 15 seconds.

Best forBuyers and sellers operating comfortably in the upper bracket who value speed.
Biggest advantageHomes are moving in days, which rewards well-prepared listings.
Biggest riskA thin sample of recent closings makes the numbers easy to misread.
Sweet spotA well-presented home priced against real, current condition-based comps.
Avoid ifYou need a large body of comps or a slow, deliberate shopping pace.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed PELICAN ISLAND UNIT 2 sales matched to your home.

What is your PELICAN ISLAND UNIT 2 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in PELICAN ISLAND UNIT 2?
The median sale price in PELICAN ISLAND UNIT 2 was $2.08M over the 12 months ending August 2, 2026 (4 closed sales, Stellar MLS).
How long do homes in PELICAN ISLAND UNIT 2 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 35 days on market (4 sales, Stellar MLS).
How many homes are in PELICAN ISLAND UNIT 2?
The Florida DOR 2025 assessment roll shows 84 homes plus 2 vacant residential lots in PELICAN ISLAND UNIT 2 (public records).
What share of PELICAN ISLAND UNIT 2 is owner-occupied?
92% of PELICAN ISLAND UNIT 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in PELICAN ISLAND UNIT 2 built?
Homes in PELICAN ISLAND UNIT 2 were built between 1978 and 2024, with a median year built of 1983.0 (FL DOR 2025 roll).
Do cash buyers compete in PELICAN ISLAND UNIT 2?
Cash buyers took 20% of PELICAN ISLAND UNIT 2 sales in the 12 months ending June 2026 (1 of 5 closings, Stellar MLS).
Who is the best real estate agent for PELICAN ISLAND UNIT 2?
The best agent for PELICAN ISLAND UNIT 2 is one who actively works TAMPA and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for PELICAN ISLAND UNIT 2.
How do I find a top TAMPA real estate agent who knows PELICAN ISLAND UNIT 2?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows PELICAN ISLAND UNIT 2 and the wider TAMPA area.
Can Momentum Realty connect me with an agent for PELICAN ISLAND UNIT 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PELICAN ISLAND UNIT 2 purchase or sale - no call center and no pressure.
Buyers prepared to compete at a median near $900,000 and to move quickly once approvedExcellent fit
Sellers with a well-maintained or updated home who want to capitalize on fast turnoverExcellent fit
Move-in buyers who want an upper-bracket Tampa address in Hillsborough County and can act decisivelyExcellent fit
Buyers working a budget below this median who need lower price pointsProbably not
Anyone who wants a long list of recent comps before committing, given the thin closings windowProbably not
Buyers who prefer a slow-moving market with room to negotiate over weeksProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33634))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2007 (40 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.

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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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CallFree valuation →
Thinking of selling in PELICAN ISLAND UNIT 2? 4 recorded closings; median 34 days on market (window ending 2026-08-02). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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