St. Petersburg Neighborhoods With Most Expensive Homes

With 244 miles of shoreline along Tampa Bay, Boca Ciega Bay, the Gulf of Mexico, and the intracoastal waterways, St. Petersburg boasts an abundance of lavish, luxurious, and high-end homes—particularly along its scenic waterfront. While not every luxury property is nestled by the water, many of the city’s most desirable neighborhoods are located near the bay. From historic estates showcasing timeless architectural charm to sleek, modern new construction equipped with the latest technology, here’s an in-depth look at the St. Petersburg neighborhoods known for offering some of the most exclusive and expensive real estate on the market.

Historic Old Northeast 

Bungalows and Mediterranean-style homes dot the brick streets of this downtown-adjacent haven, which oozes vintage charm thanks to around 3,000 historic buildings. It’s lush with jacarandas, pines, palms, and magnolias, and the white sand beach of North Shore Park (which also has biking, walking, and play areas) adds to the allure. Nearby Coffee Pot Bay is well-known for its manatee population and makes for a fun excursion.The shopping district features beloved restaurants and boutiques alongside several city landmarks. St. Petersburg transit system buses service the Historic Old Northeast neighborhood, making for an easy jaunt to the downtown nightlife scene.

Tierra Verde 

Tierra Verde, a breathtaking island community in St. Petersburg, is the epitome of waterfront luxury. Surrounded by the sparkling waters of Tampa Bay and the Gulf of Mexico, this serene neighborhood offers an upscale yet laid-back vibe, perfect for enjoying Florida's coastal beauty.  

Homes in Tierra Verde reflect its exclusive charm, with prices typically ranging from $800,000 to multimillion-dollar estates. Many properties feature private docks, expansive waterfront views, and lush tropical landscaping, making them true havens for those seeking a luxurious lifestyle with direct access to the water.  

Beyond its stunning homes, Tierra Verde boasts proximity to some of Florida's most cherished attractions. The pristine beaches of Fort De Soto Park, a local favorite, are just minutes away, offering unparalleled opportunities for outdoor enjoyment. Exceptional dining, boating, and scenic bike paths further enhance the island's allure.  

Snell Isle 

A tranquil community with an intriguing history, Snell Isle was one of St. Petersburg's first waterfront neighborhoods. It dates back to a century ago, when C. Perry Snell–a Kentucky druggist who’d traveled extensively through Europe and developed an affinity for its upscale towns–moved to the area and began buying properties to develop into residential commercial buildings and public parks. The area’s tropical surroundings with abundant boat docks, beautiful parks, and stunning luxury custom homes grew out of Snell’s vision. Snell Isle is only five minutes from downtown, but its classic architecture, manicured lawns, and tree-lined streets gives it a much different feel. Residents take advantage of kayaking, paddle boarding, sailing, and motor boating opportunities from private docks on a protected waterway that opens out on Tampa Bay.

Bayway Isles 

Bayway Isles, a prestigious gated community in St. Petersburg, exudes elegance and tranquility. Situated between Boca Ciega Bay and the Intracoastal Waterway, this stunning neighborhood offers a luxurious waterfront lifestyle unmatched in charm and beauty. Known for its serene ambiance and well-maintained streets, Bayway Isles boasts an exclusive atmosphere with a strong sense of privacy and security. The community features an array of exquisite homes, ranging from beautiful mid-sized properties to grand waterfront estates. Typical home prices start around $900,000 and can exceed several million dollars, particularly for residences with private docks and expansive water views.  

Adding to its appeal is Bayway Isles’ prime location. Residents are just moments from the sparkling beaches of St. Pete Beach, the cultural vibrancy of downtown St. Petersburg, and the fine dining and shopping of nearby Tierra Verde. The neighborhood’s unparalleled mix of coastal luxury and convenience makes it one of the most desirable in the area. 

Downtown St. Petersburg 

For those who crave the urban scene, downtown St. Pete condo-living is ideal. In addition to its popular beaches, the restaurants, upscale shopping, and job opportunities appeal to singles and families alike. As such, demand for condos in the area has soared, driving up prices in the process. Coveted waterfront listings in highly amenitized luxury towers typically range from $2 million to $6 million. 

Venetian Isles

Another coveted seaside community, Venetian Isles offers 533 waterfront homes–most situated on canals leading out to the bay or with direct bay access. Properties showcase beautifully manicured grounds and private docks on deep water suitable for sailboats. The neighborhood features renovated homes originally developed in the 1960s, alongside some new construction. Home styles include Florida ranch-style, luxury midsize Mediterranean-style, and a few mansions along Carolina Avenue. Listings range from the lower $1 millions to around $6 million. 

Eden Shores 

Eden Shores, located along the picturesque waterfront of St. Petersburg, combines tranquil charm with coastal elegance. This serene neighborhood is defined by its tree-lined streets, lush greenery, and breathtaking views of shimmering waters. Residents enjoy peaceful living with the added convenience of being just moments away from the prestigious Vinoy Golf and Country Club.

Typical home prices in Eden Shores range from $700,000 to over $2 million, making it a refined yet attainable option for those seeking a touch of luxury. Properties here often showcase spacious layouts, modern finishes, and outdoor living areas designed to take full advantage of Florida’s year-round sunshine. Many homes include private docks, perfect for boating enthusiasts who want easy access to the Gulf of Mexico.  

Shore Acres 

Seaside hotspot Shore Acres offers direct access to Tampa Bay and comprises a mix of canal- and bay-front properties (many with excellent views), as well as interior homes. Unsurprisingly, real estate in the area tends to move quickly. A tight knit community gives the neighborhood a pleasant small-town feel: you’ll find neighbors commuting via golf cart between local shops and restaurants, and enjoying its several parks. It’s also just a 12-minute drive from downtown St. Pete.

Pasadena Isle 

Pasadena Isle offers a tranquil and picturesque waterfront lifestyle. Known for its serene ambiance, this charming neighborhood provides a peaceful retreat while remaining just moments away from the vibrant energy of city life. Technically part of South Pasadena, Florida, and near the renowned St. Pete Beach, Pasadena Isle is a highly sought-after residential enclave.  

The neighborhood is distinguished by its abundance of one-story homes, making it an excellent choice for those seeking comfortable, single-level living. Home prices typically range from $800,000 to over $2 million, reflecting the exclusivity and appeal of the area. Many properties feature direct waterfront access, private docks, and lush landscaping, perfect for those who cherish the beauty and relaxation of coastal living. These elegant residences also boast spacious layouts and modern finishes, combining sophistication with functionality to create the ideal Florida lifestyle.