PENINSULA HEIGHTS in TAMPA

PENINSULA HEIGHTS
Homes for Sale in TAMPA, FL

Community in TAMPA · Hillsborough County · ZIP 33611
42 homesBuilt 1963–2021Median sale $700K
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · PENINSULA HEIGHTS Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$700K
Median sold · 12 mo
$339/sf
Sold $/sqft · 12 mo
peak $368 in 2024
98.5%
Sale vs ask
Tempo
55days
Median DOM · closed
2 days at the 2024 low
0 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
62%
Owner-occupied · PENINSULA HEIGHTS
26 of 42 parcels homesteaded (FL DOR 2025)
38%
Non-owner-occupied · PENINSULA HEIGHTS
incl. 12% trust or LLC-held · 12% out-of-state
0%
Cash buyers · PENINSULA HEIGHTS
0 of 4 sales, 12 mo ending June 2026
42
Homes in the community
42 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1963
Community established
homes built 1963-2021, median 1985 (FL DOR 2025)
0
Failed listings · 2023
peaked at 4 in 2007
2,064sqft
Median sold home size
12-mo windows, closed sales
9.5%/yr
Turnover rate
about 4 of 42 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Peninsula Heights is a small, tightly held pocket of 42 homes, and the numbers reflect it: a median price of $699,995 against a median size of 1,434 square feet works out to $339.47 per square foot, a figure driven less by scale and more by land, location, and the individual condition of an older housing stock. With a year-built range spanning 1963 to 2021 and a median year built of 1985, this is not a uniform product line — you're pricing a 1960s home renovated to a high standard very differently than a 2021 infill build on the same street.

Zero active listings as of this snapshot means there is currently nothing on the market to walk through, and recent closings took a median of just over 54 days to sell. That combination — no inventory, moderate-to-slow absorption on what does sell — tells sellers to price on the comps rather than aspiration, and tells buyers to have financing and a decision ready before something appears, because turnover here is infrequent enough that the next listing may not follow the last one closely.

The 60-Second Overview

PENINSULA HEIGHTS market snapshot (as of August 2, 2026): the median sale price is about $700K ($339 per sq ft over the trailing 12 months of closed sales), and a median 55 days on market for closed sales.

PENINSULA HEIGHTS is a community of 42 homes in TAMPA, Hillsborough County, built between 1963 and 2021 (median 1985), with a median living area of about 1,434 square feet. 62% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Peninsula Heights is a compact Tampa community of 42 homes in Hillsborough County, mixing homes built as far back as 1963 with newer construction through 2021, with roughly six in ten owner-occupied under the homestead exemption.

Best for

  • Buyers comfortable pricing an individual home on its own condition and vintage rather than a subdivision-wide comp set
  • Buyers with financing ready to move quickly once a rare listing surfaces, given the current zero-inventory snapshot
  • Sellers with a well-maintained or updated home who want a pricing approach based on recent closed comps rather than list-price guesswork

Probably not for

  • Buyers who want to compare several active listings side by side before deciding
  • Buyers seeking a newer, uniform-built product — the median year built here is 1985, with homes as old as 1963
  • Buyers relying on built-in community amenities as a deciding factor, since none are identified in current listings

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($700K) IS the median in the snapshot above.

Windows contain 0 to 4 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 2014 through 2025. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0242014201620182020202220242026
0 to 4 a year; 4 in the current window.
Sellers who gave up · failed listings per year
024200620082012201420162023
Canceled, expired, or withdrawn. 4 quit in 2007; 0 so far in 2023. The clearest stress gauge a community has.
How much local inventory is already under contract

23% of homes for sale in ZIP 33611 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).

PENINSULA HEIGHTS Market Scorecard

Balanced

PENINSULA HEIGHTS is currently a balanced market..

$699,995
Median sold
0/0/5
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in PENINSULA HEIGHTS, TAMPA

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
3.85%
1 of 26 listings · short sale 1
Distress share trend — 3.85% now (2026-08-10 → 2026-08-24)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Hillsborough County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Hillsborough County Public Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent PENINSULA HEIGHTS listings and can change; always confirm with Hillsborough County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any PENINSULA HEIGHTS address.

If we were buying in PENINSULA HEIGHTS 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 PENINSULA HEIGHTS.

Best Buy
Buyers and sellers dealing in a low-volume, high-variability pocket of Tampa rather than a cookie-cutter subdivision.
Biggest Risk
With zero active listings at this snapshot, buyers may need to wait or move fast once inventory appears.
Sweet Spot
Homes closer to the median size (around 1,434 sqft) and median vintage (1985) tend to anchor the comps here.
Avoid If
You need a large, predictable pool of comparable homes to shop from right now — this isn't that market.

A small market, priced on the individual home

With only 42 homes total and no active listings at the time of this snapshot, Peninsula Heights doesn't behave like a typical subdivision with a repeatable floor plan and a tight price band. The 58-year span between the oldest and newest homes here means every sale is really its own case study — square footage, year built, and renovation state carry more weight in the final price than they would in a community built out in a single decade.

The median days-on-market of about 54.5, paired with the closings data drawn from a four-month window, points to a market that moves in fits and starts rather than a steady cadence. That's consistent with low supply: a handful of sales over several months can move the median and the per-square-foot figure meaningfully, so treat any single data point here as directional, not a guarantee of what the next closing will look like.

The location and the amenities are priced into every listing in PENINSULA HEIGHTS. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A market this thin rewards a broker who tracks it closely rather than one relying on broad Tampa averages — with 42 homes and no current listings, we watch for the next one to hit before it's public, and we price against actual recent closings rather than a generic per-square-foot rule of thumb.

PENINSULA HEIGHTS in 15 seconds.

Best forBuyers and sellers dealing in a low-volume, high-variability pocket of Tampa rather than a cookie-cutter subdivision.
Biggest advantageThe wide build-year range (1963-2021) means there's real variation in style and condition to choose from when something does list.
Biggest riskWith zero active listings at this snapshot, buyers may need to wait or move fast once inventory appears.
Sweet spotHomes closer to the median size (around 1,434 sqft) and median vintage (1985) tend to anchor the comps here.
Avoid ifYou need a large, predictable pool of comparable homes to shop from right now — this isn't that market.

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 PENINSULA HEIGHTS sales matched to your home.

What is your PENINSULA HEIGHTS home worth?

Get a no-obligation home value based on real comparable sales in PENINSULA HEIGHTS, 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 PENINSULA HEIGHTS on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in PENINSULA HEIGHTS?
The median sale price in PENINSULA HEIGHTS was $700K over the 12 months ending August 2, 2026 (4 closed sales, Stellar MLS).
How long do homes in PENINSULA HEIGHTS take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 55 days on market (4 sales, Stellar MLS).
How many homes are in PENINSULA HEIGHTS?
The Florida DOR 2025 assessment roll shows 42 homes in PENINSULA HEIGHTS (public records).
What share of PENINSULA HEIGHTS is owner-occupied?
62% of PENINSULA HEIGHTS parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in PENINSULA HEIGHTS built?
Homes in PENINSULA HEIGHTS were built between 1963 and 2021, with a median year built of 1985 (FL DOR 2025 roll).
Do cash buyers compete in PENINSULA HEIGHTS?
Cash buyers took 0% of PENINSULA HEIGHTS sales in the 12 months ending June 2026 (0 of 4 closings, Stellar MLS).
What schools serve PENINSULA HEIGHTS?
PENINSULA HEIGHTS is served by Hillsborough County Public Schools, typically Hillsborough County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for PENINSULA HEIGHTS?
The best agent for PENINSULA HEIGHTS 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 PENINSULA HEIGHTS.
How do I find a top TAMPA real estate agent who knows PENINSULA HEIGHTS?
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 PENINSULA HEIGHTS and the wider TAMPA area.
Can Momentum Realty connect me with an agent for PENINSULA HEIGHTS?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PENINSULA HEIGHTS purchase or sale - no call center and no pressure.
Buyers comfortable pricing an individual home on its own condition and vintage rather than a subdivision-wide comp setExcellent fit
Buyers with financing ready to move quickly once a rare listing surfaces, given the current zero-inventory snapshotExcellent fit
Sellers with a well-maintained or updated home who want a pricing approach based on recent closed comps rather than list-price guessworkExcellent fit
Buyers who want to compare several active listings side by side before decidingProbably not
Buyers seeking a newer, uniform-built product — the median year built here is 1985, with homes as old as 1963Probably not
Buyers relying on built-in community amenities as a deciding factor, since none are identified in current listingsProbably not

Nearby Communities

Explore more neighborhoods near PENINSULA HEIGHTS with Momentum Realty’s local guides.

Bayshore Pointe Twnhms Phas0.2 mi awayBayhill Estates 2Nd Add Tampa0.3 mi awayBayshore Trails Twnhms Tampa0.6 mi awayInterbay0.7 mi awayThe Preserve At South Tampa0.9 mi awayBallast Point Tampa1.0 mi awayGandy Blvd Park1.2 mi awayCamellia Square Twnhms Tampa1.4 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2014 (19 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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CallFree valuation →
Thinking of selling in PENINSULA HEIGHTS? 4 recorded closings; median 54 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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