St. Petersburg, Florida is in the midst of a revival becoming the next fastest-growing metro in Florida.
Situated between the beautiful Tampa Bay and sandy beaches on barrier islands, St. Petersburg’s resurgence is due to new construction, a revamped downtown, and vibrant, social community.
It’s not uncommon to find neighborhoods having porch parties or constantly hosting community events. Both young and old residents, and tourists alike, mingle together enjoying the city’s bursting arts scene, culture, local shops, restaurants, night clubs, and breweries.
The local economy is booming with ample job opportunities and a strong retail market. One of St. Petersburg’s biggest development projects yet that’s set to open this year, is the $50-million New St. Petersburg Pier, a 3,065-foot-long pier reaching out over Tampa Bay.
The pier will be jam-packed with shops, restaurants, an outdoor amphitheater, concerts, markets, boat docks, a learning center, a park, fishing spots, and so much more, already becoming a quintessential attraction for both residents and tourists.
Indeed, St. Petersburg’s population has tripled in the past decade with more people moving into the city’s eclectic, diverse, and lively neighborhoods.
Each part of the city has its own distinct personality ranging from a bustling hub with high rises and condos, to remote luxury with Grand Spanish Mediterranean-style revival homes, that guarantees there’s a perfect location for everyone.
To help you discover which part of the city is the right fit for you, here are the five best neighborhoods to live in St. Petersburg for 2019.
1. Downtown St. Petersburg
There’s nothing quite like living right in the middle of the action. Considered the heart of the city, the downtown district is simply a one-square mile area packed with shops, businesses, local eateries, markets, waterfront parks, craft breweries, art shows, festivals, and more.
Downtown St. Petersburg has seen a resurgence in recent years, with no signs of slowing down. Many young professionals want to be apart of this vibrant scene and find plenty of condo and townhome options in the vicinity.
One of the most trendy and sought-after streets to live on is Beach Drive where you’ll find yourself not only right within walking distance to all the activity and entertainment, but you’ll be able to settle into beautiful homes and condos all with gorgeous views overlooking the water.
According to Zillow, many of these condos list at $547,450 — with many selling for more at a median price of $605,700. Certainly, as you move further away from popular Beach Drive, you’ll find downtown homes and condos at more affordable rates.
2. Old Northeast
Appropriately named, the streets of Old Northeast are lined with beautiful, historic homes making this neighborhood a premier area for residents of all ages — whether you’re retired or beginning a career and family.
You’ll come upon a mix of old Mediterranean and bungalow styles homes equipped with front porches, big yards, and exquisite architecture, all surrounded by greenery like big oaks, palms, and magnolias.
The median home price in Old Northeast is $692,450 with the current housing trend swinging towards a buyers market. Certainly, this neighborhood is in a prime location right next to downtown St. Petersburg but with more space and quieter streets.
Another appeal of this neighborhood is the active, social community. It’s not uncommon for neighbors in Old Northeast to go all out for the holidays, hold block parties, and host community events.
3. Historic Kenwood
The neighborhood of Historic Kenwood is best known for its thriving artist community where many residents have home studies and teach and sell art out of their homes. Similar to Old Northeast, Historic Kenwood is also a wonderfully social community hosting many events.
Most notable about Historic Kenwood, however, is the style and charm of the homes. Many of the homes in this area are 1920s bungalows that have been restored to their original glory. These colorful homes add to the neighborhood’s already distinct personality.
Median home prices are $268,220, certainly more affordable compared to downtown, making this a great neighborhood for young professionals and families.
And while the area is not as close to downtown as other neighborhoods, Historic Kenwood is within walking distance of the Grand Central District which is home to numerous restaurants, microbreweries, and art shops.
4. Jungle Prada
Who wouldn’t want to live in a neighborhood nicknamed “The Jungle” where you wouldn’t be surprised if you run across a peacock wandering the streets?
The Jungle Prada neighborhood is situated near Boca Ciega Bay and is within short distance of beautiful beaches like St. Pete Beach, Madeira Beach, and Treasure Island. The neighborhood is also only 15 minutes from downtown though the area has plenty of its own amenities.
Jungle Prada boasts its own neighborhood watering hole, The Jungle Tavern, and is just a quick drive from Tyrone Square Mall, which has over a million-square-feet of retail space. Jungle Prada is also near Publix, as well as close by to the beautiful green space of Azalea Park.
And like many of the neighborhoods in St. Petersburg, Jungle Prada has a lot of character with brick roads, an abundance of gorgeous greenery, and colorful homes of every style — Spanish Style Mediterranean classic homes, English Tudor revivals, and Craftsman bungalows.
The median home price in Jungle Prada is $307,889, though you’ll easily be able to find homes under $200,000 or up to $3,000,000.
5. Crescent Lake
The Crescent Lake neighborhood is perfect for outdoor lovers. Home to beautiful Crescent Lake and 52-acre Crescent Lake Park, many residents find themselves hiking the trails, jogging, walking their dogs, and biking throughout this huge green space in the center of the city.
While the neighborhood is close to downtown for entertainment and nightlife, Crescent Lake also has plenty of its own excitement on 4th Street that includes restaurants, retail, grocery stores and more.
The neighborhood vibe is decidedly friendly and extremely safe with many young adults and students residing in the area. And not only are the people safe, but because of Crescent Lake’s location, the area is one of the few that avoids hurricanes and flooding.
Nestled along brick roads and huge trees, the majority of homes here were built in the 1920s, though not to worry as most of these historic homes have been renovated to modern standards. The median price of homes is $351,521.
Finding Your Home
Before you pack your bags, get in touch with Clever to be connected with a top-rated Partner Agent in St. Petersburg for guidance and support throughout the entire home buying process.
Local Clever Partner Agents know the ins and outs of the St. Petersburg neighborhoods and can help you find the perfect home in an area that fits all your needs.
And by working with Clever, you’re eligible for a $1,000 home buyer’s rebate on homes over $150,000, which you can put toward closing costs and other moving expenses.