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.
If you are underwriting an Airbnb investment property in St. Pete, pair that city rule check with the Pinellas County STR map so you can compare the monthly-rental fallback against nearby legal STR markets.
For the full city-specific breakdown, read the St Pete short term rental laws guide before relying on nightly Airbnb revenue.
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.