Saint Petersburg Real Estate

Known as “Sunshine City”, St. Petersburg is more than meets the eye. According to some media, its pleasant weather and low cost of living make it a favorite destination for retirement. However, as revealed by the 2000 census, residents over 65 only accounted for 17% of the population). This means the community has moved in a younger direction, thanks to the increasing number of students attracted by the University of South Florida and the 10+ oceanographic institutes in the area.

Great efforts have been made to preserve the city’s history and architecture, which harmoniously coexist with 150 parks that cover approximately 2,400 acres (9.7 square kilometers). St. Pete’s waterfront public park system covers 7 miles (11 kilometers), making it the third-largest in the U.S. The city also has the largest suspension bridge in the western part of the world – it is 19 stories high and 4.1 miles (6.5 kilometers) long.

The Burg – yet another nickname for the city – is filled with vintage architecture. One of the most iconic and beautiful places is the Coliseum. This rebuilt facility has one of the most spectacular dance floors in the United States.

The average home sale price in St. Petersburg is $166,700 and the average apartment rent is $1,350. The real estate market there is now hot, particularly good for sellers. The median household income is $44,900 and about 70% of the population are homeowners. The cost of living is 5% lower than the national average (2017).

Featured Real Estate Agents and Agencies in St. Petersburg, FL: Bruce J. Farrell, Steve Castleberry - Benoot Realty, Nancy Alexander, Scott Allen - Smith & Associates Real Estate, Amelia Bayne, Elizabeth Funk - Northstar Realty, Russ Williams - Your Neighborhood Realty, Debbie Cunningham - Your Florida Real Estate Company.

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