Pelican Isle Townhomes
Homes for Sale in Tierra Verde, FL

Pelican Isle Townhomes is a compact, older townhome community in Tierra Verde, with homes averaging just under 1,934 square feet and a build era spanning nearly two decades from 1982 to 2000.

Stellar MLS sales records identify 11 homes in Pelican Isle Townhomes that have changed hands since 2013, built between 1996 and 1997 (median 1996), with a median living area of about 1,950 sq ft and a typical 3-bedroom, 2.5-bath layout; 91% 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.

Pelican Isle Townhomes 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 Pelican Isle Townhomes specifically. Momentum Research analysis of MLS records.

This is a small-footprint community by design — 26 total homes means inventory here moves in trickles, not waves. The build years, ranging from 1982 to 2000 with a median of 1991, mean units carry a mix of original systems and updated interiors depending on ownership history, so condition-based due diligence matters more here than in newer construction communities.

No community amenities are identified from current MLS listings, which points to a community whose value proposition rests on the unit and the Tierra Verde location itself rather than on shared recreational infrastructure. Just over 65 percent of homes carry a homestead exemption, an indicator that ownership here tends to run longer-term rather than cycling through frequent investment turnover.

In a community this small, with no recent closings to lean on, pricing a listing or structuring an offer requires pulling comparables from a wider radius and reading unit-level condition carefully. We do that work directly, unit by unit, rather than relying on automated estimates that do not hold up in a market this thin.

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