Wedgewood Park 5Th Add
Homes for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County
209 homesBuilt 1955–2020
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Built fromLive Stellar MLS data13 years of closingsFL DOR public recordsUpdated twice daily
Live · Wedgewood Park 5Th Add Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
80%
Owner-occupied · Wedgewood Park 5Th Add
168 of 209 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Wedgewood Park 5Th Add
incl. 9% trust or LLC-held · 8% out-of-state
209
Homes in the community
209 residential parcels (FL DOR 2025)
Track record · 13 years of records
Est. 1955
Community established
homes built 1955-2020, median 1964 (FL DOR 2025)
0
Failed listings · 2018
peaked at 2 in 2018
Jon Brooks, founder of Momentum Realty
Jon's Current Read

What moves value in Wedgewood Park 5th Add is age and condition of the individual structure, not a shared amenity package or a uniform build era. With a median year built of 1964 but a construction span running from 1955 to 2020, buyers are comparing homes that range from largely original to fully rebuilt or newly constructed infill, and that spread is the real pricing variable here.

The 80.4% homestead share is the more telling number for posture. This is a neighborhood where most owners are living in the home rather than cycling it as a rental or flip, which tends to mean slower turnover and less competitive urgency than an investor-heavy pocket. Sellers should expect buyers to scrutinize condition and updates closely; buyers should expect to compete less on speed and more on finding the right specific house.

Best for

  • Buyers seeking an established, non-HOA St Petersburg subdivision with room to choose a home based on individual condition rather than a uniform build era
  • Buyers comfortable evaluating each property on its own renovation history, given the 1955–2020 construction span
  • Buyers who value a track record of stable, owner-occupied living (80.4% homestead share) over rental turnover

Probably not for

  • Buyers who want on-site community amenities such as a pool, clubhouse, or gated access, since none are identified here
  • Buyers who prefer new-construction uniformity and want to avoid comparing homes across a wide range of build years
  • Buyers wanting a fast-turnover market driven by frequent listings; the ownership pattern here trends toward longer holds

The market around Wedgewood Park 5Th Add

Wedgewood Park 5Th Add is a small community — 4 recorded sales on file, most recently in 2018 — 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 single family residence.

ZIP and county figures describe the wider market, not Wedgewood Park 5Th Add specifically. Momentum Research analysis of MLS records.

If we were buying in Wedgewood Park 5Th 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 Wedgewood Park 5Th Add.

Best Buy
Buyers hunting a specific renovated or rebuilt home within an established St Petersburg subdivision rather than a packaged amenity community.
Biggest Risk
The wide build-year range (1955 to 2020) means condition and updates vary sharply from house to house, so comps require care.
Sweet Spot
Homes near the median living area of 1,763 sqft that have had meaningful updates since original construction.
Avoid If
You want a shared-amenity community — none is identified in current MLS listings for this subdivision.

A neighborhood defined by the house, not the package

There is no clubhouse, pool, or gated entry driving demand in Wedgewood Park 5th Add — the FACTS show no community amenities identified from current MLS listings. That means the sale here is about the structure itself: lot, square footage, layout, and how much of the original 1964-vintage build has been updated or replaced. A home built in 1955 sitting next to one built in 2020 is not an unusual pairing on this street, and appraisals and offers should be built around that specific unit, not neighborhood comps that assume uniformity.

The high homestead share (80.4%) points to a base of long-term owner occupancy rather than a rotating rental or flip market. For a seller, that generally means less transactional churn to compete against. For a buyer, it means inventory turns over less by volume and more by individual life events, so patience and a wider search radius within the subdivision often pay off more than trying to time a wave of new listings.

The location and the amenities are priced into every listing in Wedgewood Park 5Th Add. 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 subdivision with no shared amenities and a six-decade construction range, the work is in the diligence: verifying what year a given home was actually renovated versus originally built, and pricing condition accurately against a median living area of 1,763 square feet. We do that comparison house by house rather than leaning on broad neighborhood averages.

Wedgewood Park 5Th Add in 15 seconds.

Best forBuyers hunting a specific renovated or rebuilt home within an established St Petersburg subdivision rather than a packaged amenity community.
Biggest advantageA high owner-occupancy share (80.4%) signals steadier, less speculative turnover than rental-heavy pockets.
Biggest riskThe wide build-year range (1955 to 2020) means condition and updates vary sharply from house to house, so comps require care.
Sweet spotHomes near the median living area of 1,763 sqft that have had meaningful updates since original construction.
Avoid ifYou want a shared-amenity community — none is identified in current MLS listings for this subdivision.

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 Wedgewood Park 5Th Add sales matched to your home.

What is your Wedgewood Park 5Th Add home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Wedgewood Park 5Th Add?
The Florida DOR 2025 assessment roll shows 209 homes in Wedgewood Park 5Th Add (public records).
What share of Wedgewood Park 5Th Add is owner-occupied?
80% of Wedgewood Park 5Th Add parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Wedgewood Park 5Th Add built?
Homes in Wedgewood Park 5Th Add were built between 1955 and 2020, with a median year built of 1964 (FL DOR 2025 roll).
Who is the best real estate agent for Wedgewood Park 5Th Add?
The best agent for Wedgewood Park 5Th 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 Wedgewood Park 5Th Add.
How do I find a top St Petersburg real estate agent who knows Wedgewood Park 5Th 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 Wedgewood Park 5Th Add and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Wedgewood Park 5Th Add?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Wedgewood Park 5Th Add purchase or sale - no call center and no pressure.
Buyers seeking an established, non-HOA St Petersburg subdivision with room to choose a home based on individual condition rather than a uniform build eraExcellent fit
Buyers comfortable evaluating each property on its own renovation history, given the 1955–2020 construction spanExcellent fit
Buyers who value a track record of stable, owner-occupied living (80.4% homestead share) over rental turnoverExcellent fit
Buyers who want on-site community amenities such as a pool, clubhouse, or gated access, since none are identified hereProbably not
Buyers who prefer new-construction uniformity and want to avoid comparing homes across a wide range of build yearsProbably not
Buyers wanting a fast-turnover market driven by frequent listings; the ownership pattern here trends toward longer holdsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33712))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2013 (5 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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