St. Petersburg, FL
St. Petersburg real estate, local broker.
Downtown condos, Old Northeast, Snell Isle, Historic Kenwood, Edge District, beach side — every St. Pete sub-market behaves differently. Troy lives here and trades here.
Where Troy works in St. Pete
Six neighborhoods, six different markets.
Old Northeast
$925K median
Bungalow-belt walkability, AE flood coastal, no nightly STR. Tightest inventory in the city.
Snell Isle
$1.4M median
Waterfront luxury, VE-zone elevation rules in play post-Helene. Long-term hold money.
Downtown / Beach Drive
$650+/sqft
Saltaire, ONE, Art House. CCT-1 is the only legal nightly-STR pocket in town.
Historic Kenwood
$525K median
Most charm-per-dollar in the city. Bungalows on quiet streets, X-zone, fast-moving.
Edge District
$575K median
Walk Score 88, X-zone, mid-rise inventory finally coming online. Best appreciation curve.
Shore Acres
$485K median
High Helene impact. Elevation pre/post comp gap is wide — buyer leverage here.
Articles for this market
St. Petersburg Real Estate Market 2026: Prices, Trends & Forecast
Median prices, where inventory is tight, and which neighborhoods are moving up — straight from local sold comps.
Read article →Downtown St. Pete Condos 2026: Best Buildings & Prices
Real prices, HOA fees, Airbnb rules, and Walk Scores for the top downtown buildings.
Read article →Tampa vs St. Petersburg 2026: Honest Local Comparison
Housing, commutes, beaches, taxes — head to head.
Read article →Pinellas County Flood Zone Map & Insurance Guide (2026)
Look up any address — AE, VE, X — plus what each zone means for insurance and resale.
Read article →St. Pete neighborhoods — side-by-side
St. Pete is six or seven distinct markets sharing one zip-code range. The data below is current mid-2026; click through to the linked articles for the deep dive on any one neighborhood.
| Neighborhood | Median | $/sqft | Flood zone | STR | Walk |
|---|---|---|---|---|---|
| Downtown / Beach Drive | $650K+ | $650 | AE / X mixed | Limited — CRT-1 only | 94 |
| Old Northeast | $925K | $540 | AE coastal | Not permitted (NT) | 78 |
| Snell Isle | $1.4M | $570 | AE / VE | Not permitted (NS) | 46 |
| Historic Kenwood | $525K | $410 | X (most) | Not permitted | 72 |
| Edge District | $575K | $465 | X | Limited downtown only | 88 |
| Shore Acres | $485K | $350 | AE — high Helene impact | Not permitted | 32 |
| Skyway / Pinellas Point | $430K | $305 | X (elevated) | Not permitted | 38 |
Walk Score on a 0–100 scale. STR column reflects current St. Pete zoning ordinance (Chapter 16); always re-check at the address level before writing an offer.
Short-term rental zoning in St. Pete
St. Petersburg enforces the strictest STR rules in Pinellas County. Nightly (under-30-day) rentals are only permitted in two zoning districts:
- CRT-1 (Coastal Resort Tourist): beach-side zones in Pass-a-Grille, Sunset Beach, and parts of Treasure Island border. The bulk of legal STR inventory.
- CCT-1 (Central Core Tourist): a narrow downtown corridor that includes a few hotel-condo hybrid buildings (the Vinoy, the Avalon).
Everywhere else — including Old Northeast (NT), Snell Isle (NS), Historic Kenwood, Edge District residential blocks, Shore Acres, Crescent Heights — is 30-day minimum. The fines for an unregistered nightly STR start at $500/day and the city has aggressively enforced since 2023.
Three tax accounts you need before listing: Florida sales tax (DBPR), Pinellas Tourist Development Tax (0.16% county TDT collected monthly), and the St. Pete Business Tax Receipt. Airbnb/Vrbo only collect part of these — the rest is on the owner.
Troy walks every prospective STR address against the current zoning map and runs realistic gross-rent comps from listings within a half-mile. Free, before you write the offer.
Downtown St. Pete condo market — building by building
Pre-construction inventory from the 2020–2024 boom is now hitting resale in volume. Expect spreads to widen building-to-building through 2026 as buyers price in HOA reserve assessments and the new (stricter) Florida condo structural-integrity rules.
| Building | $/sqft | HOA | Min stay | Notes |
|---|---|---|---|---|
| Saltaire | $1,050+ | $1.20/sqft/mo | 6-month minimum | Newest tower — top of market. |
| ONE St. Petersburg | $925 | $1.05/sqft/mo | 6-month minimum | Most resales of any luxury tower. |
| Art House | $850 | $0.95/sqft/mo | 6-month minimum | Smaller floor plates, walkability play. |
| Signature Place | $680 | $0.85/sqft/mo | 30-day minimum | Older, larger units, better $/sqft. |
| The Salvador | $795 | $1.10/sqft/mo | 6-month minimum | Waterfront views, smaller building. |
| Bliss | $725 | $0.90/sqft/mo | 30-day minimum | Edge District boutique tower. |
Townhouse note: downtown townhouses price like condos on the way up and like single-families on the way down — they capture the walkability premium without the per-square-foot HOA drag. Inventory is thin (~12 active units across the downtown core) and turnover is low.
Insurance & flood — what changed after Helene + Milton
The 2024 hurricane season reset insurance pricing across coastal St. Pete. FEMA is revising flood maps; preliminary panels are out for review and most coastal AE-zone parcels are seeing 30–50% premium increases at renewal. A few specifics:
- Shore Acres / Northeast Park / Riviera Bay: took the most flood damage. Many homes were elevated post-Helene; pre-elevation comps are no longer reliable.
- Snell Isle waterfront: VE-zone exposure is forcing new builds to elevate to 14' finished floor. Older non-elevated homes are losing market value to elevated comps.
- Old Northeast lowlands: a few specific streets (Beach Dr, North Shore Dr) flooded for the first time in decades. Expect underwriters to scrutinize these blocks regardless of historical claims.
- Citizens (state insurer) depopulation: private carriers are re-entering with stricter wind-mit and roof-age requirements. A 15+ year-old roof now blocks most quotes.
Always pull a 4-quote insurance shop (Citizens + 3 private) before signing — premium swings of $4–8K/year on the same house are common in 2026.
St. Petersburg buyer FAQ
Comparing markets?
Pinellas isn’t one market — these three behave very differently. Read the broker take on each.
Looking at St. Pete?
Tell Troy the neighborhood and budget — he'll text neighborhood comps and an address-level STR/flood check within the hour.
Or call us: (727) 625-1777