Saint Petersburg, Florida
Pinellas County Real Estate - Saint Petersburg
St. Petersburg is the fourth most populous city in Florida and located in Pinellas County. St. Petersburg has, on average, 361 days of sunshine a year, making it an attractive destination for retirees. However, the city has gradually attracted younger residents as well. The core of St. Petersburg's economy is fueled by tourism, contributing $2 billion in direct revenue annually. Other growth industries are financial services, manufacturing, medical technologies, information technology, and marine sciences. The largest employers for St. Petersburg are All Children's Hospital, Raymond James, Bayfront Medical Center, Home Shopping Network, and Fidelity National Information services. St. Petersburg has the highest rate of violent crime in Florida.
Saint Petersburg is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 244,769.
The median age for residents of Saint Petersburg is 41.6. Around 24.8% of Saint Petersburg households include school aged children and 25.9% of households include individuals aged 65 years or over. Census records indicate 68.6% of the Saint Petersburg population are White, 23.9% are Black or African American, .2% American Indian, 3.1% Asian and 2.4% are Two or more Races.
There are 129,401 housing units in Saint Petersburg. 20,586 (15.9%) of these were reported as vacant in the 2010 Census. Saint Petersburg is a tourist destination, 25.9% (5,336) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 49,536 residential rental units in Saint Petersburg. 42,797 of them were occupied in 2010 providing a residential rental vacancy rate of 13.1%.
Saint Petersburg links:

Saint Petersburg is located in Pinellas County. It has a population of approximately 244,769 people. The population increased 0.7% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 0.5% for Pinellas County and a 1.7% increase for the country as a whole. Saint Petersburg occupies 61.74 of the 273.8 square miles in Pinellas County. It had a population density of 3964.4 persons per square mile in 2010. This compared to 3347.5 for the county, 350.6 for Florida and 87.4 for the country.
25.7% ( 129,401) of the 504,146 housing units in Pinellas County are in Saint Petersburg (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Saint Petersburg has a 63.2 homeownership rate compared to Pinellas County's 69.6% homeownership rate and Florida's rate of 69.0%.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
Pinellas County | 916,542 | $37,192 | 0.5% | $45,891 | 504,146 | $172,900 |
Saint Petersburg | 244,769 | $6,120 | 0.7% | $44,510 | 129,401 | $167,800 |
Saint Petersburg's medium household income in 2011 was $44,510. Pinellas County's medium household income was $45,891, which is lower than the medium income for Florida as a whole: $47,827. 15.3% of the population in Saint Petersburg lives below the poverty line, compared to 14.7% in Florida, 12.6% of the population in Pinellas County and 14.3% nationwide. Additional Information:
Saint Petersburg Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Saint Petersburg. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $6,120 million, Saint Petersburg's economic activity represents 16.46% of Pinellas County's $37,192MM in economic activity. Pinellas County represents 5.90% of the Florida economy.
Activity | Value (Millions) | Percentage |
---|---|---|
Manufacturers shipments | $1,601 | 26.2% |
Merchant wholesaler sales | $806 | 13.2% |
Retail sales | $3,262 | 53.3% |
Accommodation and food services sales | $451 | 7.4% |
Total | $6,120 | 100% |
Pinellas County Regional Comparisons
City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Clearwater | 107,685 | $4,422 | 0.4% | $41,986 | 59,156 | $179,900 |
Dunedin | 35,321 | $355 | 0.3% | $48,420 | 21,113 | $184,800 |
Largo | 77,648 | $2,077 | Z | $40,493 | 46,859 | $114,900 |
Oldsmar | 13,591 | $935 | 0.6% | $55,114 | 5,871 | $177,400 |
Palm Harbor | 57,439 | $1,080 | X | $54,133 | 30,339 | $200,600 |
Pinellas Park | 49,079 | $6,160 | 1.2% | $43,132 | 23,458 | $132,600 |
Safety Harbor | 16,884 | $227 | 0.5% | $60,611 | 8,062 | $235,500 |
Saint Petersburg | 244,769 | $6,120 | 0.7% | $44,510 | 129,401 | $167,800 |
Seminole | 17,233 | $401 | 0.2% | $47,013 | 10,344 | $164,300 |
Tarpon Springs | 23,484 | $617 | 0.7% | $44,826 | 12,433 | $190,500 |
Pinellas County is located in the Tampa Bay Region. This region is responsible for 22.6% of Florida's economic activity. Pinellas County represents 26.1% of the region's economy.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Citrus County | 141,236 | $1,515 | -1.3% | $38,189 | 78,423 | $134,800 |
Hernando County | 172,778 | $2,311 | 0.4% | $42,700 | 84,887 | $145,000 |
Pasco County | 464,697 | $6,731 | 1.2% | $44,103 | 231,008 | $145,100 |
Hillsborough County | 1,229,226 | $48,928 | 3.9% | $50,195 | 540,190 | $185,900 |
Pinellas County | 916,542 | $37,192 | 0.5% | $45,891 | 504,146 | $172,900 |
Polk County | 602,095 | $27,540 | 2.3% | $44,398 | 281,004 | $133,200 |
Manatee County | 322,833 | $9,029 | 3.4% | $48,181 | 173,660 | $195,300 |
Sarasota County | 379,448 | $9,371 | 1.8% | $49,212 | 229,346 | $213,400 |
Total | 4,318,438 | $142,617 | 1.5% | $45,359 | 2,122,664 | $165,700 |
Saint Petersburg Real Estate
There are 152,264 properties in Saint Petersburg. The following table shows a summary of them based on 2014 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 8 | 0.01 | 1 | $600,000 | $194 | June 1st, 2014 | June 1st, 2014 |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 270 | 0.18 | 2 | $417,500 | $27 | June 1st, 2014 | July 1st, 2014 |
Health Care | 39 | 0.03 | 1 | $18,219,000 | $259 | April 1st, 2014 | April 1st, 2014 |
Hotel & Motel | 1,643 | 1.08 | 145 | $330,000 | $411 | January 1st, 2014 | September 1st, 2014 |
Industrial | 1,177 | 0.77 | 44 | $292,500 | $43 | January 1st, 2014 | September 1st, 2014 |
Miscellaneous Property | 88 | 0.06 | 1 | $750,000 | $1,563 | July 1st, 2014 | July 1st, 2014 |
Mobile/Manufactured | 3,276 | 2.15 | 155 | $35,000 | $37 | January 1st, 2014 | September 1st, 2014 |
Multifamily | 7,706 | 5.06 | 564 | $141,000 | $68 | January 1st, 2014 | October 1st, 2014 |
Office | 1,689 | 1.11 | 51 | $296,000 | $103 | January 1st, 2014 | September 1st, 2014 |
Residential | 133,253 | 87.51 | 7,985 | $107,300 | $86 | January 1st, 2014 | October 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 2,295 | 1.51 | 98 | $550,000 | $153 | January 1st, 2014 | October 1st, 2014 |
Senior Housing | 61 | 0.04 | 1 | $3,000,000 | $147 | February 1st, 2014 | February 1st, 2014 |
Special Purpose | 657 | 0.43 | 10 | $312,500 | $105 | February 1st, 2014 | August 1st, 2014 |
Sports & Entertaining | 102 | 0.07 | 3 | $1,600,000 | $157 | January 1st, 2014 | April 1st, 2014 |
Agricultural Real Estate in Saint Petersburg, Florida
8( .01%) of the properties in Saint Petersburg are classified as Agricultural. 1 of them sold between June 1st, 2014 and June 1st, 2014. The total value of these sales was $600,000. The median sales price was $600,000. In 2014 the median sales price for Agricultural in Saint Petersburg was $194 per sq ft.
Commercial Real Estate in Saint Petersburg, Florida
0( .00%) of the properties in Saint Petersburg are classified as Commercial.
Government Real Estate in Saint Petersburg, Florida
270( .18%) of the properties in Saint Petersburg are classified as Government. 2 of them sold between June 1st, 2014 and July 1st, 2014. The total value of these sales was $835,000. The median sales price was $417,500. In 2014 the median sales price for Government Property in Saint Petersburg was $27 per sq ft.
Health Care Real Estate in Saint Petersburg, Florida
39( .03%) of the properties in Saint Petersburg are classified as Health Care. 1 of them sold between April 1st, 2014 and April 1st, 2014. The total value of these sales was $18,219,000. The median sales price was $18,219,000. In 2014 the median sales price for Health Care in Saint Petersburg was $259 per sq ft.
Hotel & Motel Real Estate in Saint Petersburg, Florida
1,643( 1.08%) of the properties in Saint Petersburg are classified as Hotel & Motel. 145 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $917,389,300. The median sales price was $330,000. In 2014 the median sales price for A Class Hotel & Motel in Saint Petersburg was ####### per sq ft, B Class properties sold for $411/ft and C Class $182/ft.
Industrial Real Estate in Saint Petersburg, Florida
1,177( .77%) of the properties in Saint Petersburg are classified as Industrial. 44 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $45,093,500. The median sales price was $292,500. In 2014 the median sales price for A Class Industrial in Saint Petersburg was $99 per sq ft, B Class properties sold for $43/ft and C Class $26/ft.
Miscellaneous Real Estate in Saint Petersburg, Florida
88( .06%) of the properties in Saint Petersburg are classified as Miscellaneous. 1 of them sold between July 1st, 2014 and July 1st, 2014. The total value of these sales was $750,000. The median sales price was $750,000. In 2014 the median sales price for Miscellaneous Property in Saint Petersburg was $1,563 per sq ft.
Mobile/Manufactured Real Estate in Saint Petersburg, Florida
3,276( 2.15%) of the properties in Saint Petersburg are classified as Mobile/Manufactured. 155 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $6,440,100. The median sales price was $35,000. In 2014 the median sales price for A Class Mobile/Manufactured in Saint Petersburg was $63 per sq ft, B Class properties sold for $37/ft and C Class $18/ft.
Multifamily Real Estate in Saint Petersburg, Florida
7,706( 5.06%) of the properties in Saint Petersburg are classified as Multifamily. 564 of them sold between January 1st, 2014 and October 1st, 2014. The total value of these sales was $274,666,400. The median sales price was $141,000. In 2014 the median sales price for A Class Multifamily in Saint Petersburg was $186 per sq ft, B Class properties sold for $68/ft and C Class $24/ft.
Office Real Estate in Saint Petersburg, Florida
1,689( 1.11%) of the properties in Saint Petersburg are classified as Office. 51 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $31,826,600. The median sales price was $296,000. In 2014 the median sales price for A Class Office in Saint Petersburg was $313 per sq ft, B Class properties sold for $103/ft and C Class $45/ft.
Residential Real Estate in Saint Petersburg, Florida
133,253( 87.51%) of the properties in Saint Petersburg are classified as Residential. 7,985 of them sold between January 1st, 2014 and October 1st, 2014. The total value of these sales was $1,505,343,565. The median sales price was $107,300. In 2014 the median sales price for A Class Residential in Saint Petersburg was $213 per sq ft, B Class properties sold for $86/ft and C Class $33/ft.
Residential Real Estate in Saint Petersburg, Florida
0( .00%) of the properties in Saint Petersburg are classified as Residential.
Retail Real Estate in Saint Petersburg, Florida
2,295( 1.51%) of the properties in Saint Petersburg are classified as Retail. 98 of them sold between January 1st, 2014 and October 1st, 2014. The total value of these sales was $95,750,900. The median sales price was $550,000. In 2014 the median sales price for A Class Retail in Saint Petersburg was $617 per sq ft, B Class properties sold for $153/ft and C Class $48/ft.
Senior Housing Real Estate in Saint Petersburg, Florida
61( .04%) of the properties in Saint Petersburg are classified as Senior Housing. 1 of them sold between February 1st, 2014 and February 1st, 2014. The total value of these sales was $3,000,000. The median sales price was $3,000,000. In 2014 the median sales price for Senior Housing in Saint Petersburg was $147 per sq ft.
Special Purpose Real Estate in Saint Petersburg, Florida
657( .43%) of the properties in Saint Petersburg are classified as Special Purpose. 10 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $14,509,500. The median sales price was $312,500. In 2014 the median sales price for Special Purpose in Saint Petersburg was $105 per sq ft.
Sports & Entertaining Real Estate in Saint Petersburg, Florida
102( .07%) of the properties in Saint Petersburg are classified as Sports & Entertaining. 3 of them sold between January 1st, 2014 and April 1st, 2014. The total value of these sales was $4,154,600. The median sales price was $1,600,000. In 2014 the median sales price for Sports & Entertaining in Saint Petersburg was $157 per sq ft.
Saint Petersburg, Pinellas County Market Data
Property Usage | Property Count | Total Sq Ft |
---|---|---|
Agricultural | 8 | 17,382 |
Government Property | 251 | 12,077,745 |
Health Care | 37 | 3,868,633 |
Hotel & Motel | 1,621 | 6,297,097 |
Industrial | 1,125 | 19,685,558 |
Land | 4,134 | 3,995,066 |
Miscellaneous Property | 85 | 867,291 |
Mobile/Manufactured | 3,258 | 3,054,592 |
Multifamily | 7,544 | 34,479,078 |
Office | 1,592 | 18,063,011 |
Residential | 132,791 | 193,176,638 |
Retail | 2,158 | 18,654,793 |
Senior Housing | 61 | 3,096,461 |
Special Purpose | 581 | 9,073,273 |
Sports & Entertaining | 96 | 1,112,192 |
Saint Petersburg Median Property Values per Sq Ft
Property Class | Class A | Class B | Class C | ||||
---|---|---|---|---|---|---|---|
Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $730 | $24 | $282 | $12 | $64 | $7 |
Auto sales, auto repair and storage or auto service shop | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $730 | $37 | $282 | $17 | $64 | $7 |
Centrally assessed | 2016 | $730 | $42 | $282 | $15 | $64 | $6 |
Church | 2016 | $730 | $24 | $282 | $12 | $64 | $7 |
Club, lodge or union hall | 2016 | $730 | $24 | $282 | $12 | $64 | $7 |
College | 2016 | $730 | $30 | $282 | $15 | $64 | $7 |
Community Shopping Center | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Condominium | 2016 | $730 | $16 | $282 | $16 | $64 | $16 |
Cooperative | 2016 | $730 | $16 | $282 | $16 | $64 | $16 |
County Owned | 2016 | $730 | $30 | $282 | $15 | $64 | $7 |
Cultural organization, facility | 2016 | $730 | $24 | $282 | $12 | $64 | $7 |
Drive-in Restaurant | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Enclosed theater or auditorium | 2016 | $730 | $37 | $282 | $17 | $64 | $7 |
Federal Owned | 2016 | $730 | $30 | $282 | $15 | $64 | $7 |
Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Florist or greenhouse | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Food processing | 2016 | $730 | $17 | $282 | $10 | $64 | $5 |
Forest, park or recreational area | 2016 | $730 | $30 | $282 | $15 | $64 | $7 |
Golf course or driving range | 2016 | $730 | $37 | $282 | $17 | $64 | $7 |
Government Undefined | 2016 | $730 | $30 | $282 | $15 | $64 | $7 |
Grazing land soil capability Class I | 2016 | $730 | $27 | $282 | $15 | $64 | $9 |
Heavy industrial | 2016 | $730 | $17 | $282 | $10 | $64 | $5 |
Home for the aged | 2016 | $730 | $15 | $282 | $10 | $64 | $9 |
Hotel or motel | 2016 | $730 | $33 | $282 | $33 | $64 | $33 |
Improved agricultural | 2016 | $730 | $27 | $282 | $15 | $64 | $9 |
Insurance company office | 2016 | $730 | $30 | $282 | $18 | $64 | $11 |
Light manufacturing | 2016 | $730 | $17 | $282 | $10 | $64 | $5 |
Lumber yard, sawmill or planing mill | 2016 | $730 | $17 | $282 | $10 | $64 | $5 |
Mineral processing, cement plant,refinery, clay plants or gravel plant | 2016 | $730 | $17 | $282 | $10 | $64 | $5 |
Miscellaneous Residential (migrant camp or boarding home.) | 2016 | $730 | $33 | $282 | $33 | $64 | $33 |
Mixed use - store and office or store and residential or residential combination | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Mobile Home | 2016 | $730 | $6 | $282 | $6 | $64 | $6 |
Mortuary, cemetery or crematorium | 2016 | $730 | $24 | $282 | $12 | $64 | $7 |
Multi-family - 10 units or more | 2016 | $730 | $22 | $282 | $13 | $64 | $7 |
Multi-family - less than 10 units | 2016 | $730 | $22 | $282 | $13 | $64 | $7 |
Municipal Owned | 2016 | $730 | $30 | $282 | $15 | $64 | $7 |
Nightclub, cocktail lounge or bar | 2016 | $730 | $37 | $282 | $17 | $64 | $7 |
Office building, non-professional service building, multi-story | 2016 | $730 | $30 | $282 | $18 | $64 | $11 |
Office building, non-professional service building, one story | 2016 | $730 | $30 | $282 | $18 | $64 | $11 |
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $730 | $17 | $282 | $10 | $64 | $5 |
Orphanage, other non-profit or charitable services | 2016 | $730 | $24 | $282 | $12 | $64 | $7 |
Private school or college | 2016 | $730 | $24 | $282 | $12 | $64 | $7 |
Privately owned hospital | 2016 | $730 | $25 | $282 | $17 | $64 | $11 |
Professional service building | 2016 | $730 | $30 | $282 | $18 | $64 | $11 |
Public county school | 2016 | $730 | $30 | $282 | $15 | $64 | $7 |
Regional Shopping Center | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Repair service shop (excluding automotive) | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Restaurant, cafeteria | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Sanitarium or convalescent rest home | 2016 | $730 | $25 | $282 | $17 | $64 | $11 |
Service station | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Single Family | 2016 | $730 | $16 | $282 | $16 | $64 | $16 |
State Owned | 2016 | $730 | $30 | $282 | $15 | $64 | $7 |
Store, one story | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Supermarket | 2016 | $730 | $32 | $282 | $16 | $64 | $8 |
Tourist attraction, permanent exhibit or other entertainment facilities | 2016 | $730 | $37 | $282 | $17 | $64 | $7 |
Utility | 2016 | $730 | $42 | $282 | $15 | $64 | $6 |
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $730 | $17 | $282 | $10 | $64 | $5 |
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