Shalimar Condo
Homes for Sale in Indian Rocks Beach, FL

Community in Indian Rocks Beach · Pinellas County
166 homesBuilt 1972–2022
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Shalimar Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
23%
Owner-occupied · Shalimar Condo
38 of 166 parcels homesteaded (FL DOR 2025)
77%
Non-owner-occupied · Shalimar Condo
incl. 25% trust or LLC-held · 43% out-of-state
166
Homes in the community
166 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1972
Community established
homes built 1972-2022, median 1985 (FL DOR 2025)
0
Failed listings · 2023
peaked at 6 in 2021
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Shalimar Condo spans a wide construction era, from 1972 through 2022, with a median build year of 1985. That range means unit condition and any updates done since original construction do more to set value here than location within the community alone. Two buyers looking at similar square footage can be looking at very different levels of finish depending on which decade's unit they land on.

With homestead share at roughly 22.9%, a large majority of the 166 units here are not owner-occupied as a primary residence, which is typical for a beach-adjacent condo building and points to a market where turnover and investor or secondary-home activity shape pricing and inventory more than it would in a primarily homesteaded community.

Best for

  • A buyer looking for a unit in Indian Rocks Beach and comfortable evaluating condition on a case-by-case basis given the wide construction-year spread.
  • An investor or secondary-home buyer who is comfortable with a market where the majority of units are not owner-occupied as a primary residence.
  • A buyer prioritizing unit size and location over building amenities, since none are currently identified.

Probably not for

  • A buyer expecting a standardized amenity package as part of the purchase.
  • A buyer who wants every unit in the building to reflect the same era of construction and finish.
  • A buyer relying on a heavily owner-occupied setting as a deciding factor, given the homestead share here.

The market around Shalimar Condo

Shalimar Condo is a small community — 21 recorded sales on file, most recently in 2023 — 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).

Homes here are condominium.

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

If we were buying in Shalimar 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

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 Shalimar Condo.

Best Buy
Buyers who want a straightforward condo purchase in Indian Rocks Beach without relying on shared amenities.
Biggest Risk
With homestead share at roughly 22.9%, this is not a community with a heavily owner-occupied base, so treat it as a turnover-driven market.
Sweet Spot
Units built or renovated closer to the newer end of the 1972-2022 range tend to offer the most updated condition for the size.
Avoid If
You want a community with defined shared amenities, since none are identified from current MLS listings.

A building defined by construction era, not amenities

The MLS record does not show identified community amenities for Shalimar Condo, so buyers should treat this as a straightforward condo purchase decision built around the unit itself, not a lifestyle package of shared facilities. That puts more weight on questions like age of major systems, any assessments tied to the building, and how a specific unit's finish level compares to others on the market at the same time.

The span from 1972 to 2022 construction, with a median year built of 1985, tells you this is not a single-phase development. Buyers comparing units should ask directly what year a given unit was built or last substantially renovated, since that detail affects everything from insurance to expected near-term maintenance, and the building's overall statistics will not answer it for you.

The location and the amenities are priced into every listing in Shalimar 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 building with this much construction-era spread and no amenity package to standardize expectations, unit-level due diligence matters more than the community snapshot. We pull the specifics on individual units, recent comparable closings, and any building-wide financial or maintenance items so you are pricing the actual unit in front of you, not an average across five decades of construction.

Shalimar Condo in 15 seconds.

Best forBuyers who want a straightforward condo purchase in Indian Rocks Beach without relying on shared amenities.
Biggest advantageThe wide range of construction years means options at different levels of unit condition within one building.
Biggest riskWith homestead share at roughly 22.9%, this is not a community with a heavily owner-occupied base, so treat it as a turnover-driven market.
Sweet spotUnits built or renovated closer to the newer end of the 1972-2022 range tend to offer the most updated condition for the size.
Avoid ifYou want a community with defined shared amenities, since none are identified from current MLS listings.

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 Shalimar Condo sales matched to your home.

What is your Shalimar Condo home worth?

Get a no-obligation home value based on real comparable sales in Shalimar 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.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Shalimar Condo?
The Florida DOR 2025 assessment roll shows 166 homes in Shalimar Condo (public records).
What share of Shalimar Condo is owner-occupied?
23% of Shalimar Condo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Shalimar Condo built?
Homes in Shalimar Condo were built between 1972 and 2022, with a median year built of 1985.0 (FL DOR 2025 roll).
Who is the best real estate agent for Shalimar Condo?
The best agent for Shalimar Condo is one who actively works Indian Rocks Beach 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 Shalimar Condo.
How do I find a top Indian Rocks Beach real estate agent who knows Shalimar Condo?
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 Shalimar Condo and the wider Indian Rocks Beach area.
Can Momentum Realty connect me with an agent for Shalimar Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Shalimar Condo purchase or sale - no call center and no pressure.
A buyer looking for a unit in Indian Rocks Beach and comfortable evaluating condition on a case-by-case basis given the wide construction-year spread.Excellent fit
An investor or secondary-home buyer who is comfortable with a market where the majority of units are not owner-occupied as a primary residence.Excellent fit
A buyer prioritizing unit size and location over building amenities, since none are currently identified.Excellent fit
A buyer expecting a standardized amenity package as part of the purchase.Probably not
A buyer who wants every unit in the building to reflect the same era of construction and finish.Probably not
A buyer relying on a heavily owner-occupied setting as a deciding factor, given the homestead share here.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33785))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (4 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.

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