3. DOWNTOWN ST. PETERSBURG

OVERVIEW

Located in the southeast corner of Pinellas County (home to Clearwater Beach), Downtown St. Pete is included in the “Tampa Bay area”, which is one of the Top 25 Fastest Growing Cities in the U.S. (Forbes Fastest Growing Cities of 2018).  Located along miles of waterfront on the western coastline of Tampa Bay which ultimately leads to the Gulf of Mexico, St. Pete is also on the national radar for companies, real estate investors and developers and future residents.  As opposed to downtown Tampa, downtown St. Pete is considered to be a cultural city with a great “local” feel with Saturday morning farmer’s markets, antique shops, weekend art and music festivals along Straub Park on the Bay, many live theater venues, and a strong artist community and eclectic music scene.  St. Pete is home to Salvador Dali Museum, Historic Vinoy Hotel and the Museum of Fine Arts.  It is working to enhance its status as a commerce city, with the addition of more office/business development in its plans.  Many miles of biking and walking paths to various local neighborhoods already exist, with more planned.  It is a pedestrian and bike-friendly city.

St. Pete/Tampa Metro Areas

The 2019 forecasts show Tampa/St. Pete as a combined metropolitan region and indicate it as a growing area, according to the 2019 Urban Land Institute-PWC Emerging Trends in Real Estate Report (see page 37).  Among “18-hr. cities” (or secondary markets), the Tampa/St. Petersburg market was listed in the top 10 “U.S. Markets to Watch”,  ranking #10 in the “Overall Real Estate Prospects” and #2 in “Homebuilding Prospects”.  61% of survey respondents recommended Tampa/St. Pete as a city to continue to “Buy” in, 21% voted it as a “Hold” and 18% voted it as a “Sell” (see page 39) and had an overall “Strong” outlook for our bay area (see page 40).  Tampa/St. Pete was also ranked #12 in “Development/ Redevelopment Opportunities”.  Cranes abound in this bustling and growing city and new developments are too numerous to list.  As with Tampa, opportunity is everywhere.  Call Stacy for detailed information on investment opportunities in both Tampa and St. Pete.

HOME TYPES

  • Single Family Homes (Eclectic mix)
  • Historic bungalows built from 1910s-1920s (many without garages)          
  • Florida “Cracker-style” 1-story Homes (many with carports only)
  • New Construction One and Two-story Contemporary Homes (with garages)

Other Property Types

  • Condos (hi-rise, low-rise)
  • Townhomes
  • Duplexes

AMENITIES

  • Public Parks/Playgrounds
  • Waterfront Parks/Fishing Piers
  • Public Boat Ramps
  • Beach Drive Blvd. Walking/Jogging/Biking/Rollerblading Path along Tampa Bay’s Coastline
  • Cultural Scene
  • University of South Florida St. Petersburg (USFSP) – Public Univ. (4,000+ students), 46-acre campus
  • Salvador Dali Museum
  • Tampa Bay Rays Team (Major Leage Baseball/MLB) – 25,000-seat Tropicana Field
  • Tampa Bay Rowdies (United Soccer League/USL) – 7,500-seat Al Lang Stadium 
  • Chihuly Collection – Morean Arts Center 
  • Palladium Theater
  • Historic Vinoy Hotel
  • Downtown Festivals & Parades

TRAVEL TIMES

  • Tampa Int’l Airport =35 mins.
  • St. Pete/Clearwater Airport =20-25 mins.
  • Beaches=45 mins.
  • Reg’l Mall & Major Shopping – 20 mins.
  • Hospitals = All Children’s – 5 mins.
  • St. Pete General Hospital – 20 mins.

OTHER PHOTOS OF NEIGHBORHOOD & HOMES