Tropical Shores 3Rd Add
Homes for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County
428 homesBuilt 1905–2024Median sale $1.19M
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Live Market Pulse
37/100
Market Heat
Cooler than normal
2014 → 2026 · 74 at the 2015 peak
0 is Tropical Shores 3Rd Add's coldest market since 2014, 100 its hottest. Today: 37. How it's scored
Built fromLive Stellar MLS data14 years of closingsFL DOR public recordsUpdated twice daily
Live · Tropical Shores 3Rd Add Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.19M
Median sold · 12 mo
up 18.0% vs the prior 12 months
+18.0%
1-yr price change
n = 3 and 7 sales in the two windows
$545/sf
Sold $/sqft · 12 mo
peak $545 in 2026
78.8%
Sale vs ask
Pinellas median: 93.3%
Tempo
60days
Median DOM · closed
1 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
57%
Owner-occupied · Tropical Shores 3Rd Add
248 of 437 parcels homesteaded (FL DOR 2025)
43%
Non-owner-occupied · Tropical Shores 3Rd Add
incl. 19% trust or LLC-held · 5% out-of-state
100%
Cash buyers · Tropical Shores 3Rd Add
3 of 3 sales, 12 mo ending June 2026
428
Homes in the community
plus 9 vacant residential lots · 437 residential parcels (FL DOR 2025)
Track record · 14 years of records
Est. 1905
Community established
homes built 1905-2024, median 1954 (FL DOR 2025)
0
Failed listings · 2025
peaked at 9 in 2024
2,360sqft
Median sold home size
12-mo windows, closed sales
0.7%/yr
Turnover rate
about 3 of 428 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Tropical Shores 3Rd Add is driven far more by condition and lot than by any standard product type. With a housing stock spanning from 1905 all the way to 2024 and a median build year in the early 1950s, you are buying into a block where original cottages sit next to full rebuilds. That mix is why the median lands at $1,187,000 and why the price per foot runs around $545 — you are often paying for land and location, not square footage, at a median living area under 1,700 feet.

The market posture here is patient, not frantic. A median 60 days on market and a heat score of 38 tell you this is not a bidding-war environment; sellers who price to condition transact, and those who price to the top of the last comp sit. Year-over-year the median is up 18%, so there is real underlying demand, but buyers currently have time to inspect, negotiate, and walk. That combination favors a prepared buyer and a realistic seller.

Tropical Shores 3Rd Add Housing Pulse · Momentum Research · as of July 15, 2026

Tropical Shores 3Rd Add right now

🟢 Still climbing. The trailing-12-month median ($1.19M) is up 18.0% from the prior 12 months ($1.01M). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Low (3 and 7 sales in the two windows).

What's unique here: the median sale price is about 3x the typical Pinellas County sale ($1.19M vs $390K, trailing 12 months, Stellar MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Tropical Shores 3Rd Add market snapshot (as of July 15, 2026): the median sale price is about $1.19M ($545 per sq ft over the trailing 12 months of closed sales), and a median 60 days on market for closed sales. The trailing-12-month median is up 18% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

Tropical Shores 3Rd Add is a community of 428 homes in St Petersburg, Pinellas County, built between 1905 and 2024 (median 1953.5), with a median living area of about 1,698 square feet. 57% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Tropical Shores 3Rd Add is a compact St Petersburg pocket of 428 homes where age and condition vary widely from block to block, so two houses at similar sizes can price very differently. Just over half of the homes carry a homestead exemption, which points to a core of long-term owners rather than a pure investor or rental street.

Best for

  • Buyers with a budget near the $1.187M median who value location over square footage
  • Renovation-minded buyers ready to underwrite the cost of updating older stock
  • Long-hold owners who want a moderate-turnover street rather than a churn market

Probably not for

  • Buyers needing a large floor plan, given a median living area under 1,700 square feet
  • Anyone wanting a fast, competitive close in a hot-market environment
  • Value-shoppers uncomfortable paying land-and-location premiums per square foot

Windows contain 0 to 11 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$500K$750K$1M$1.3M20122014201620182020202220242026
Up 18.0% year over year.
Every sale since 2012 · price vs size
$0$1M$2M$3M2k3k
58 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$40020122014201620182020202220242026
Up from $176 in 2012 to a $545 peak in 2026; $545 now.
Median days on market · closed sales
025507520122014201620182020202220242026
1 days at the 2022 low; 60 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
78.8% now vs Pinellas 93.3%.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 11 a year; 3 in the current window.
Sellers who gave up · failed listings per year
02582006201420162018202020242025
Canceled, expired, or withdrawn. 9 quit in 2024; 0 so far in 2025. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620242026
74 at the 2015 peak, 24 in the troughs, 37 now. Same score as the hero card, full history.

If we were buying in Tropical Shores 3Rd Add 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 Tropical Shores 3Rd Add.

Best Buy
Buyers who want a St Petersburg location and are comfortable evaluating condition case by case.
Biggest Risk
The wide year-built range makes casual comping unreliable and misprices easy.
Sweet Spot
A well-updated home priced to its true condition peers, not to the newest rebuild nearby.
Avoid If
You need move-in-ready certainty and fast, low-friction turnover.

Reading condition before you read the comp

The single most important thing to understand here is the year-built spread. A community that runs from 1905 to 2024 with a median around 1953 means comps need to be read carefully — a renovated or rebuilt home and an original one can share a street and a footprint yet belong to entirely different price conversations. The median living area near 1,697 square feet is modest, so the premium is frequently in updates, systems, and land rather than raw size.

For sellers, that argues for staging the home's actual condition honestly and pricing against genuinely comparable finishes, not against the newest rebuild on the block. For buyers, a 60-day median gives room to underwrite renovation cost and negotiate rather than chase. With homestead share near 57%, turnover is moderate, so patience on both sides tends to be rewarded over urgency.

The location and the amenities are priced into every listing in Tropical Shores 3Rd Add. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.2C · Buy Score
Recent Direction10.0/10
Owner Commitment5.7/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.2). Basis: Recent Direction +18.0% year-over-year; Owner Commitment 57% owner-occupied; Pricing Power 78.8% sale-to-list. Refreshed with each data update.

Why work with Momentum here

This is a community where the comp math is easy to get wrong — the age range alone means a bad comparable can cost a buyer or seller real money. We underwrite each property against its true condition peers, factor renovation exposure on older stock, and price to how this market is actually moving at a 60-day pace and a heat score of 38, not to headline enthusiasm.

Tropical Shores 3Rd Add in 15 seconds.

Best forBuyers who want a St Petersburg location and are comfortable evaluating condition case by case.
Biggest advantageA patient market with 60-day timelines gives room to inspect and negotiate.
Biggest riskThe wide year-built range makes casual comping unreliable and misprices easy.
Sweet spotA well-updated home priced to its true condition peers, not to the newest rebuild nearby.
Avoid ifYou need move-in-ready certainty and fast, low-friction turnover.

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 Tropical Shores 3Rd Add sales matched to your home.

What is your Tropical Shores 3Rd Add home worth?

Get a no-obligation home value based on real comparable sales in Tropical Shores 3Rd Add, 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

What is the median home price in Tropical Shores 3Rd Add?
The median sale price in Tropical Shores 3Rd Add was $1.19M over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Tropical Shores 3Rd Add take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 60 days on market (3 sales, Stellar MLS).
How many homes are in Tropical Shores 3Rd Add?
The Florida DOR 2025 assessment roll shows 428 homes plus 9 vacant residential lots in Tropical Shores 3Rd Add (public records).
What share of Tropical Shores 3Rd Add is owner-occupied?
57% of Tropical Shores 3Rd Add parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Tropical Shores 3Rd Add built?
Homes in Tropical Shores 3Rd Add were built between 1905 and 2024, with a median year built of 1953.5 (FL DOR 2025 roll).
Do cash buyers compete in Tropical Shores 3Rd Add?
Cash buyers took 100% of Tropical Shores 3Rd Add sales in the 12 months ending June 2026 (3 of 3 closings, Stellar MLS).
Who is the best real estate agent for Tropical Shores 3Rd Add?
The best agent for Tropical Shores 3Rd Add is one who actively works St Petersburg 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 Tropical Shores 3Rd Add.
How do I find a top St Petersburg real estate agent who knows Tropical Shores 3Rd Add?
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 Tropical Shores 3Rd Add and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Tropical Shores 3Rd Add?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tropical Shores 3Rd Add purchase or sale - no call center and no pressure.
Buyers with a budget near the $1.187M median who value location over square footageExcellent fit
Renovation-minded buyers ready to underwrite the cost of updating older stockExcellent fit
Long-hold owners who want a moderate-turnover street rather than a churn marketExcellent fit
Buyers needing a large floor plan, given a median living area under 1,700 square feetProbably not
Anyone wanting a fast, competitive close in a hot-market environmentProbably not
Value-shoppers uncomfortable paying land-and-location premiums per square footProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33705))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2012 (58 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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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 Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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