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Apr 5, 2024 · The St. Petersburg housing market exudes a competitive edge, with homes swiftly making their way off the market within 33 days of listing. This rapid turnover underscores the fervent demand for housing in the area, compelling buyers to act swiftly to secure their desired properties.
Learn if real estate investing in St. Petersburg is worth pursuing. Analyze our statistical data showing the local real estate investment market trends. Compare St. Petersburg to other cities for the best investment opportunities.
- Palmetto Park. Ten minutes’ drive west of downtown, Palmetto Park is very close to Tropicana Field (or the Trop, as locals call it), where Major League Baseball’s Tampa Bay Rays play.
- North Kenwood. This sparse suburban neighborhood 10 minutes northwest of downtown currently has “a ton of development,” says Waters, but still room for more.
- Historic Roser Park. Directly to the south of downtown is Historic Roser Park, at the center of which is Johns Hopkins All Children’s Hospital; a few blocks to the east is the Waterfront Arts District and the Salvador Dalí Museum, where 400,000 international visitors flock annually to see the creations of the Spanish Surrealist.
- Magnolia Heights. This neighborhood north of downtown has “a ton of potential,” says Waters. Nearby is the Vinoy Golf Club and Route 275, offering quick access to Tampa and points to the north and south.
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A Florida real estate investment firm focused on place-based experiential urban retail investment and development. Learn More. The EDGE District St. Petersburg, FL. Revolutionizing Florida Real Estate Through Strategic Partnerships, Joint Ventures, and Syndication.
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Search for the top real estate investments in St Petersburg, Florida. Find traditional & Airbnb St Petersburg investment property based on cash flow, cash on cash return and cap rate calculations. Median Property Sale Price: $470,000, 3.00 Aribnb and 3.00 Traditional Cash on Cash Return.