A new boutique luxury condo tower a block from Beach Drive in downtown St. Pete.
Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.
"The Nolen is a new boutique luxury condo tower in downtown St. Pete where the value is exclusivity and a prime Beach Drive location; the homework is the dues, the rules, and a thin, brand-new resale market."
Jon Brooks, founder, Momentum Realty · Updated June 2026
The Nolen market snapshot (as of June 25, 2026): the median sale price is about $2.4M ($1050 per sq ft), with homes averaging 320 days on market and 0.3 months of supply, a buyer-leaning market (limited data). Based on 35 recent closings in live Stellar MLS data.
The Nolen is a new 23-story boutique luxury condominium tower in downtown St. Petersburg, one block from Beach Drive at 126 4th Avenue NE, developed by DDA Development, per local reporting. It is an exclusive building of roughly 31 residences nearing completion.
The residences are large and private, with two units per floor on the mid floors (about 2,156 square feet, three bedrooms) and full-floor residences above (about 3,400 square feet, three bedrooms plus a den), most with private elevator lobbies. Amenities include a fourth-floor pool deck with a resort-style heated pool and spa, fire pits, a fitness center, a private lounge, a grand lobby, and on-site concierge.
This is a brand-new, ultra-low-density building, so the resale market is thin and pricing is set by floor, view, and finish rather than comps from a deep history. Confirm the condo dues and what they cover, the reserves and any developer transition details, the lease and pet rules, and the flood and wind insurance for a downtown high-rise before you offer.
Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.
Live from Stellar MLS, as of June 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current The Nolen listings and the trailing twelve months of closed sales.
Our proprietary read on how a home in The Nolen buys, holds, and resells. See the five factors.
Live MLS inventory for The Nolen. 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 The Nolen listings as of 2026-06-25, priced high to low. Listings courtesy of Stellar MLS as distributed by MLS GRID.. Tap any home to ask about it.
Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.
Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.
The Nolen is a new 23-story boutique luxury condominium of roughly 31 residences at 126 4th Avenue NE in downtown St. Petersburg (33701), one block from Beach Drive, developed by DDA Development, with full-floor and half-floor residences, a fourth-floor resort pool deck, a fitness center, a private lounge, and concierge. Confirm the dues, reserves, lease and pet rules, and high-rise insurance before you offer.
The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.
Drive times from The Nolen. They are approximate and vary with traffic and your exact start point.
Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.
Explore more neighborhoods near The Nolen with Momentum Realty’s local guides.
Carrying cost · the no-CDD edge
No CDD bond means thousands less per year than newer master plans.
Roughly $25,000 saved over 10 years in carrying cost, before resale.
Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.
The Nolen is served by Pinellas County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.
Buying with schools in mind? We can confirm the exact zoned schools for any The Nolen address.
What is actually shaping value at The Nolen: its new, exclusive downtown St. Pete delivery and the prime Beach Drive location. Each item is sourced and linked.
Our read on what is being built around The Nolen, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.
A new, exclusive, low-density luxury tower a block from Beach Drive is a notable addition to downtown St. Pete.
With roughly 31 residences and no deep resale history, pricing is set by floor, view, and finish.
Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.
Development, infrastructure, retail, and school activity affecting The Nolen, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.
Showing the latest, scroll for all updates ↓
Local reporting described The Nolen, a 23-story boutique luxury condo tower a block from Beach Drive, nearing completion and welcoming its first residents. Why it matters: A brand-new exclusive building; comp by floor and view as sales occur. Source
Reporting in 2021 detailed the proposed 23-story condo building at 126 4th Avenue NE by DDA Development. Why it matters: The building's exclusivity and location define its market. Source
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
If we were buying in The Nolen, this is the order of operations we would run, and the one we run for our clients.
Confirm the condo dues and exactly what they cover.
Confirm the reserves and any developer-transition details on a new building.
Confirm the lease and pet rules.
Confirm the flood and wind insurance picture for a downtown high-rise.
Comp by floor, view, and finish, since the resale history is thin.
On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.
The Nolen is a new 23-story boutique luxury condominium of roughly 31 residences at 126 4th Avenue NE in downtown St. Petersburg (33701), one block from Beach Drive, developed by DDA Development, with full-floor and half-floor residences, a fourth-floor resort pool deck, a fitness center, a private lounge, and concierge. Confirm the dues, reserves, lease and pet rules, and high-rise insurance before you offer.
Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.
Here are the broad resale bands in The Nolen today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.
The two-per-floor mid-level residences, the entry point to the building.
The larger full-floor residences with private elevator lobbies, the heart of the building.
The highest full-floor residences with the best water and city views, the premium tier.
Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.
Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.
Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.
The factors that actually move value in The Nolen, condition, lot, and the renovation math, read from current listings and recent sales.
Renovated-listing inventory in The Nolen is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.
In a condo the value the market gives back at resale is set by the unit, not a lot: the floor, the view line (direct versus partial), and the exposure. The interior can be renovated, but the floor and view cannot, so higher floors and better views hold their value better. How much more they command varies by building, line, and condition, which is why we read it unit by unit against real comparable sales rather than a single headline figure.
Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.
Our read on the factors that protect resale here, and the one to manage.
Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.
The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.
In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.
1The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.
2A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.
3Golf frontage, lakefront, and preserve lots carry real, durable premiums. Pay an estate price for an interior lot and you are buying the weakest version of the value.
4The club is optional and separate, so two similar homes can cost very differently to own. Buyers who do not price the membership they will actually use misread their real monthly number.
5A 1990s home means 1990s-era systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.
The Nolen is new, exclusive, Beach-Drive-adjacent luxury. The deal is won or lost on the floor, the view, and the dues and rules.
Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.
Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.
Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.
Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.
Fill = price per square foot; ring = by realized $/sqft per unit. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.
In a new boutique luxury tower like The Nolen, the floor, view, and finish drive value, and new construction keeps renovation risk low. Full-floor residences and higher floors with water views command premiums. Because the resale market is thin and brand-new, confirm the dues, reserves, and rules first, then price by floor and view.
The Nolen is a new luxury condominium with monthly dues funding the amenities, concierge, and building. Confirm the current dues, the reserves and any developer-transition details, the lease and pet rules, and the high-rise flood and wind insurance, per residence.
Dues fund a fourth-floor pool deck with a heated pool and spa, fire pits, a fitness center, a private lounge, a grand lobby, concierge, and a private parking structure.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.
If you are selling in The Nolen, the right list price comes from the building's own floor-by-floor sales and the view and finish, with the dues and rules documented, not an automated estimate.
Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.
Because buyers here are weighing your home against renovated comps and cross-shopping Downtown St. Pete, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.
Get a no-obligation home value based on real comparable sales in The Nolen matched to your condition, lot, and view, 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 The Nolen on the map →
Or get your The Nolen home value & selling guide →
Median sale prices in The Nolen year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.
Before the list price, the Florida math the portals skip. These are Pinellas County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Pinellas County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
36% of homes for sale in ZIP 33701 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-06-25).
The Nolen is currently a strong seller's market. About 0.3 months of supply, a median asking price of $1,895,000, and homes go under contract in about 320 days.
Typical home value in the 33701 ZIP is $748,400, about 118.0% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
An honest fit check. We will tell you when it is not your community.
Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your The Nolen home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.
A Momentum Realty The Nolen specialist will reach out personally, usually the same day.
Zoom out before you decide: see the Pinellas County market guide or every community in the Neighborhood Finder.
Get a real cash offer on your The Nolen home in 24 hours and close in as little as 7 days, as-is. Because Momentum is a licensed RealTrends-500 brokerage, we'll also show you what listing would net - so you choose with both numbers.
Get my Pinellas County cash offer →
Sell my house fast in Pinellas County · How Momentum Offers works
Buying or researching Pinellas County? See the full Pinellas County real estate market report — prices, inventory, schools, taxes, and every Pinellas County neighborhood.
Own a home here?
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 local market average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.