Prathers Fourth Royal
Homes for Sale in St. Petersburg, FL

This is a compact, older St Petersburg enclave where a century of building dates sit side by side, so no two transactions look quite alike. With only 46 homes, inventory is thin by definition and each listing carries real weight.

Stellar MLS sales records identify 10 homes in Prathers Fourth Royal that have changed hands since 2006, built between 1925 and 2019 (median 1950), with a median living area of about 890 sq ft and a typical 3-bedroom, 1-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.

Prathers Fourth Royal is too small for its own price trend, so here is the market around it.

In ZIP 33712, 145 homes are on the market and 21% are under contract — a steady corner of St Petersburg.

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

In ZIP 33712 (St Petersburg), 363 homes closed in the last 12 months at a median of $460K ($315/sq ft), down 1.7% year over year, with a median 35 days on market. Right now 52 active and 16 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 33712 housing market and the Pinellas County market.

ZIP and county figures describe the wider market, not Prathers Fourth Royal specifically. Momentum Research analysis of MLS records.

The 1925-to-2024 range is the story. A median build near 1951 tells you the core of the neighborhood is mid-century, but the presence of homes from the 2020s means teardowns and new construction are part of the picture. Buyers touring here will move between original older structures and recently built or heavily reworked homes, sometimes within a few doors of each other.

Homestead share sits at 40 percent, which suggests a meaningful portion of these homes are not owner-occupied primary residences. Combined with the small home count, that shapes how quickly comparable sales accumulate and why pricing leans on the specifics of each property rather than a neighborhood average. Do your diligence on the individual home's age, systems, and updates rather than assuming the median describes what you are buying.

In a 46-home pocket with a build range this wide, generic comps mislead. We price and evaluate on the actual condition, era, and lot in front of us, and we know how to read a market where a mid-century original and a 2024 build trade in the same few blocks. That judgment matters more here than in a uniform subdivision.

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