Peppertree Lake
Condos for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County · ZIP 33716
Median sale $132K
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Built fromLive Stellar MLS data12 years of closingsUpdated twice daily

As of September 2026, Peppertree Lake Condo in St Petersburg, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $132,000, $144 per square foot, a median 84 days on market, sellers accepting 83% of original asking. Homes listed or recently sold were built 1974–1975; 8 of the 8 geocoded homes sit in a FEMA special flood hazard zone (median elevation 6 ft). At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $2,560 ($1,750 with the full homestead exemption).

Live · Peppertree Lake Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$132K
Median sold · 12 mo
$144/sf
Sold $/sqft · 12 mo
peak $189 in 2022
83.3%
Sale vs ask
Pinellas median: 93.6%
Tempo
2.4mo
Supply
3 to 6 months is the balanced band
84days
Median DOM · closed
2 days at the 2022 low
67%
Under contract
Pinellas: 21% (1,729 of 8,357)
1 · 2
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 12 years of records
790sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Peppertree Lake is a small, single-vintage condo community — every unit here dates to 1974, and the typical floor plan runs around 1,100 square feet. With that uniformity, price is driven almost entirely by condition and interior updates rather than by size or age differences. The median sits at $138,000, or roughly $143 a square foot, and the spread you see between units will track directly to how much work each one needs.

Posture right now favors patience on both sides. The median time to a contract is about 72 days — well past the point where a seller can expect a quick, clean sale — so pricing to the market from day one matters. For buyers, that slower pace is leverage: there is time to inspect, compare, and negotiate rather than chase. With only 18 homes and four recent closings, this is a thin market where a single motivated seller can reset the comps.

Peppertree Lake Condo Housing Pulse · Momentum Research · as of September 12, 2026

Peppertree Lake Condo right now

🔴 Seller-leaning market. 2.4 months of supply and 67% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: Medium (3 active and pending listings, 5 closed sales in 12 months).

What's unique here: the median sale price is about 67% below the typical Pinellas County sale ($132K vs $395K, trailing 12 months, Stellar MLS records).

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

Updated September 12, 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

Peppertree Lake Condo market snapshot (as of September 12, 2026): the median sale price is about $132K ($144 per sq ft over the trailing 12 months of closed sales), a median 84 days on market for closed sales, and 2.4 months of supply, a seller-leaning market.

Peppertree Lake is a compact, uniformly built 1974 condo community in St Petersburg where nearly every unit shares the same era and footprint, making condition — not square footage — the real pricing lever.

Best for

  • Buyers targeting an affordable St Petersburg foothold around the $138,000 median
  • Owner-occupants who plan to hold and are willing to update a 1974 unit over time
  • Patient buyers who can use a 72-day market to negotiate on condition

Probably not for

  • Sellers who need a fast, top-dollar exit
  • Buyers who want new construction or a turnkey, no-work interior
  • Investors counting on high turnover and a deep pool of comparable sales

Windows contain 0 to 5 sales each (5 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 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0242014201620182020202220242026
0 to 5 a year; 5 in the current window.

Peppertree Lake Condo Market Scorecard

Strong seller's market

Peppertree Lake Condo is currently a strong seller's market. About 2.4 months of supply, a median asking price of $145,000, and homes go under contract in about 128 days.

2.4
Months supply
$145,000
Median list
$132,000
Median sold
$132
Per sqft
128
Days on mkt
1/2/5
Active/Pend/Sold

Typical home value in the 33716 ZIP is $162,793, about 55.7% below the Florida norm (Zillow Home Value Index).

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

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Peppertree Lake Condo

Live MLS inventory for Peppertree Lake Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Peppertree Lake Condo listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Tap any home to ask about it.

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

Schools

In short
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pinellas Park Elementary-PN · Elementary
  • Fitzgerald Middle-PN · Middle
  • Pinellas Park High-PN · High

Zoned schools reflect the assignments reported on recent Peppertree Lake Condo listings and can change; always confirm with Pinellas County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Peppertree Lake Condo address.

If we were buying in Peppertree Lake Condo 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Peppertree Lake Condo.

Best Buy
Buyers who want a low entry point into St Petersburg and are comfortable evaluating condition.
Biggest Risk
Thin turnover means a single sale can move the comps in either direction.
Sweet Spot
An updated 1974 unit priced honestly near the median.
Avoid If
You need a quick sale or want move-in-ready with no condition risk.

A single-vintage condo pocket

Because all 18 homes were built in 1974 and cluster around 1,100 square feet, there is no meaningful new-versus-old or big-versus-small tradeoff here. That simplicity cuts both ways: comparables are easy to read, but the condition of any given unit — kitchens, baths, systems, flooring — is what separates a well-priced buy from an overpriced one. Read the interior carefully.

This is a low-turnover community. Four closings in the recent window against a total of 18 homes means inventory is limited and data is thin, so any one sale carries outsized weight in the comps. Roughly two-thirds of units carry a homestead exemption, which points to a base of owner-occupants and a modest resale pipeline rather than heavy investor churn.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a thin, single-vintage market like this, the wrong comp or the wrong condition assumption can cost real money on either side. We price against the handful of relevant sales, weigh each unit on its actual condition rather than a headline median, and read the association details that matter for a 1974 building. With a median of 72 days to contract, we set realistic timelines and negotiate from data, not hope.

Peppertree Lake Condo in 15 seconds.

Best forBuyers who want a low entry point into St Petersburg and are comfortable evaluating condition.
Biggest advantageA slow market gives buyers time to inspect, compare, and negotiate.
Biggest riskThin turnover means a single sale can move the comps in either direction.
Sweet spotAn updated 1974 unit priced honestly near the median.
Avoid ifYou need a quick sale or want move-in-ready with no condition risk.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Peppertree Lake Condo sales matched to your home.

What is your Peppertree Lake Condo home worth?

Get a no-obligation home value based on real comparable sales in Peppertree Lake Condo, 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 Peppertree Lake Condo on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Peppertree Lake Condo?
The median sale price in Peppertree Lake Condo was $132K over the 12 months ending September 12, 2026 (5 closed sales, Stellar MLS).
How long do homes in Peppertree Lake Condo take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 84 days on market (5 sales, Stellar MLS).
Is Peppertree Lake Condo a buyer's or seller's market right now?
As of September 12, 2026, Peppertree Lake Condo leans toward sellers: 2.4 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Peppertree Lake Condo?
The best agent for Peppertree Lake Condo is one who actively works St Petersburg 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 Peppertree Lake Condo.
How do I find a top St Petersburg real estate agent who knows Peppertree Lake Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Peppertree Lake Condo and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Peppertree Lake Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Peppertree Lake Condo purchase or sale - no call center and no pressure.
Buyers targeting an affordable St Petersburg foothold around the $138,000 medianExcellent fit
Owner-occupants who plan to hold and are willing to update a 1974 unit over timeExcellent fit
Patient buyers who can use a 72-day market to negotiate on conditionExcellent fit
Sellers who need a fast, top-dollar exitProbably not
Buyers who want new construction or a turnkey, no-work interiorProbably not
Investors counting on high turnover and a deep pool of comparable salesProbably not

Nearby Communities

Explore more neighborhoods near Peppertree Lake Condo with Momentum Realty’s local guides.

Windward Pointe St Petersburg0.5 mi awayBack Bay At Carillon1.3 mi awaySun Plaza Isles Sec 3 St Petersburg1.5 mi awayEnclave At St Petersburg1.5 mi awayGeorgian Terrace St Petersburg1.6 mi awaySun Lit Shores St Petersburg1.7 mi awayBarcley Estates 3Rd Add St Petersburg1.8 mi awayGateway Square Apts St Petersburg2.2 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 12, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2014 (23 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 local comps.

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Thinking of selling in Peppertree Lake Condo? 5 recorded closings; median 84 days on market (window ending 2026-09-12). See the Pinellas 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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