St. Petersburg, Florida, has quickly become one of the hottest real estate destinations in the country. With year-round sunshine, award-winning beaches, a thriving arts and culture scene, and a booming local economy, it’s no wonder people are flocking to “The Sunshine City.” From young professionals and retirees to families and investors, St. Pete offers something for everyone.
As a local real estate professional with over 26 years in the area, I’ve seen firsthand why buyers are making the move here and exactly where they’re choosing to live. Below, I’ll break down the top 5 neighborhoods attracting new residents, complete with price points and buyer demographics.
Why St. Petersburg?
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Lifestyle Appeal: With more than 360 days of sunshine each year, outdoor living is at the heart of the St. Pete lifestyle. Boating, paddleboarding, beach runs, and rooftop dining are all part of the everyday experience.
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Arts & Culture: From the Salvador Dalí Museum to the vibrant mural scene downtown, St. Petersburg has become a cultural hub.
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Walkability & Growth: The walkable downtown core, new luxury developments, and expanding job market make it ideal for professionals and entrepreneurs.
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Tax Benefits: Florida’s no state income tax continues to attract individuals from high-tax states like New York, New Jersey, Illinois, and California.
Top 5 St. Petersburg Neighborhoods People Are Moving To
1. Downtown St. Petersburg
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Average Price Point: $600,000 – $2 million+ for condos and luxury high-rises
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Who’s Moving Here: Young professionals, executives, and retirees seeking a walkable lifestyle with access to restaurants, nightlife, and waterfront views
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Why It’s Hot: Downtown combines urban living with waterfront charm. New developments like The Ritz-Carlton Residences and ONE St. Petersburg attract buyers looking for luxury, investment potential, and convenience.
2. Snell Isle
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Average Price Point: $1 million – $5 million+
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Who’s Moving Here: Luxury buyers, boaters, and families looking for prestige and waterfront access
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Why It’s Hot: Just minutes from downtown, Snell Isle offers large waterfront estates, golf course access, and deepwater canals perfect for boating enthusiasts.
3. Old Northeast
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Average Price Point: $800,000 – $2.5 million
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Who’s Moving Here: Families, professionals, and history lovers
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Why It’s Hot: Known for its brick streets, oak trees, and historic homes, Old Northeast blends timeless architecture with proximity to downtown. It’s one of St. Pete’s most sought-after neighborhoods for those seeking charm and character.
4. Kenwood (Historic Kenwood)
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Average Price Point: $450,000 – $800,000
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Who’s Moving Here: Artists, LGBTQ Friendly, young couples, first-time buyers
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Why It’s Hot: This neighborhood is filled with 1920s bungalows and a strong sense of community. The Grand Central District nearby is packed with galleries, breweries, and restaurants, making Kenwood one of the most vibrant neighborhoods in the city.
5. St. Pete Beach
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Average Price Point: $700,000 – $3 million+
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Who’s Moving Here: Retirees, second-home buyers, and beach lovers
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Why It’s Hot: Consistently ranked among the top beaches in the United States, St. Pete Beach is perfect for those who want the ultimate coastal lifestyle. Waterfront condos and single-family homes put residents steps away from white sand and turquoise waters.
Final Thoughts
St. Petersburg is no longer Florida’s best-kept secret. Whether you’re searching for a luxury waterfront estate, a historic bungalow, or a modern downtown condo, there’s a neighborhood here that fits your lifestyle.
👉 If you’re thinking about making the move to St. Pete, let’s connect. With 26 years of local knowledge and 6+ years of real estate experience, I’ll guide you through the process and help you find the perfect home. Call, text, or email me today to start your St. Petersburg home search.
/Aaron Hoffman Cømpass Real Estate/ 813.817.7914
