Santa Maria Condo Sailboat
Homes for Sale in South Pasadena, FL

Santa Maria Condo Sailboat is a small community — 12 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

Across Pinellas County, 6,909 homes are active and 1,852 pending (21% under contract).

The housing mix here is 94% condominium, 6% ?.

ZIP and county figures describe the wider market, not Santa Maria Condo Sailboat specifically. Momentum Research analysis of MLS records.

At 76 units built across the 1980s and into the early 1990s, Santa Maria is compact and homogeneous in its bones. When floor plans and square footage barely move, the price gap between two units comes down to renovation level, floor, exposure, and water access. Buyers should underwrite the actual condition in front of them and read the association's finances and reserves carefully — in a building of this age, assessments and deferred maintenance are the questions that matter more than the listing photos.

Homestead exemptions sit on about 46 percent of the units, meaning a little over half are non-homestead — a normal profile for a coastal condo that mixes primary residences with seasonal and investment ownership. That mix can influence rental rules, association priorities, and how quickly units trade, so anyone buying here should confirm the current leasing policy before making assumptions about using a unit as a rental.

In a thin market with only a handful of recent closings, comparable sales are scarce and easy to misread. We price and evaluate units on condition, floor, and water access rather than a single stale comp, and we dig into the association's documents, reserves, and leasing rules before you commit — the details that actually govern value in a small waterfront condo of this age.

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