Pinellas Terrace
Homes for Sale in Clearwater, FL

Pinellas Terrace is an established, mostly owner-occupied Clearwater community of 157 homes where the mid-century core has been steadily updated over decades, and a handful of newer builds — as recent as 2024 — sit alongside the originals.

Stellar MLS sales records identify 45 homes in Pinellas Terrace that have changed hands since 2004, built between 1959 and 1989 (median 1960), with a median living area of about 1,292 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. 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.

Pinellas Terrace is too small for its own price trend, so here is the market around it.

In ZIP 33759, 87 homes are on the market and 28% are under contract — a steady corner of Clearwater.

Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).

In ZIP 33759 (Clearwater), 142 homes closed in the last 12 months at a median of $300K ($243/sq ft), down 1.8% year over year, with a median 60 days on market. Right now 29 active and 16 pending listings put supply at about 4.3 months — a balanced market. See the live ZIP 33759 housing market and the Pinellas County market.

ZIP and county figures describe the wider market, not Pinellas Terrace specifically. Momentum Research analysis of MLS records.

The build range runs from 1957 to 2024, but the median year of 1963 tells you the character: this is predominantly a mid-century neighborhood. Living areas cluster near 1,479 square feet, so floor plans are modest and efficient rather than sprawling. The value question on almost every home is the same — roof, systems, kitchen, and baths: original or replaced.

Because roughly 80% of homes are homesteaded, inventory is limited and homes often trade only when an owner is ready to move on. The occasional newer construction can reset expectations on a block, but it does not change the underlying fact that most of what you tour will be a decades-old home somewhere on the renovation spectrum. Underwrite the condition, not the square footage alone.

In a thin, condition-driven market like this, the number that matters is not the last sale — it is what a specific home's updates are actually worth. We walk the property, separate cosmetic from structural, and price against the real spread between an original 1960s house and a renovated one. With few closings to lean on, that judgment is the difference between a listing that sits and an offer that holds.

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