The Residences at 400 Central in St. Petersburg

The Residences
at 400 Central Homes for Sale in St. Petersburg, FL

Luxury condominium tower · Downtown St. Petersburg, Pinellas County · ZIP 33701

Downtown St. Petersburg's tallest tower, a brand-new luxury condo address on Central Avenue.

Tallest in St. PeteLuxury condosWalkable downtown
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
As a brand-new luxury tower, value here is set by floor, line, view, and unit, plus the monthly fee, not by a building average across very different residences.
Free · No obligation
Unlock Off-Market 400 Central

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseStellar MLS
n/a
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"400 Central is a brand-new luxury condominium tower, so the read is different from a resale building: floor, line, view, finish level, and the monthly fee drive value, not condition, since everything is new. As the tallest building in St. Petersburg, with ground-floor retail and Class A office below the residences, it carries a true downtown-trophy premium, and pricing spans a wide range from the lower floors to the penthouses. Your leverage is choosing the right line and floor, understanding the monthly cost of a full-service tower, and reading the early resale market as units begin to trade."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

The Residences at 400 Central is a 46-story luxury condominium tower in downtown St. Petersburg, the tallest building in the city and, by the developer's account, the tallest residential tower on Florida's Gulf Coast at about 515 feet. It holds roughly 301 residences above ground-floor retail and Class A office space, developed by New York-based Red Apple Real Estate (St. Pete Rising and TBBW, 2025 to 2026).

The homes range from about two to four bedrooms and roughly 1,300 to 5,600 square feet, with terraces and high-end finishes, and developer-published pricing has run from around one million dollars into the multimillions for the upper floors and penthouses. The building is professionally managed as a full-service tower, with a substantial monthly fee and no CDD.

Because every residence is new, the money here is made or lost on the floor, the line, the view, and an honest read of the monthly cost and the early resale market, not on condition.

The pitch is a true downtown-trophy address: walkable Central Avenue, the waterfront and museums, with ground-floor tenants and a major office headquarters in the same building. The first residents began moving in after the building cleared its initial inspections, with upper floors completing into 2026. The work is choosing the right line and floor and pricing the monthly cost honestly.

Best for

  • Buyers who want a brand-new, full-service luxury tower
  • Buyers who value a walkable downtown St. Petersburg lifestyle
  • Lock-and-leave owners who want professional building management
  • Buyers who want waterfront, arts, and dining at the doorstep

Probably not for

  • Buyers who want single-family ownership or a yard
  • Anyone seeking the lowest possible monthly carrying cost
  • Value buyers who want a renovation upside play
  • Buyers who want a quiet, low-density suburban setting

How 400 Central is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
56Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current 400 Central listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in The Residences at 400 Central buys, holds, and resells. See the five factors.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take
  • The full-service tower is the amenity
  • Private owner amenity program and shared spaces
  • Ground-floor retail and dining at the base
  • Class A office headquarters in the same building
  • Amenities and insurance are funded by the monthly fee

400 Central is a full-service luxury tower, and the building itself is the amenity. Beyond the residences, it includes a private amenity program for owners, ground-floor retail and restaurant space with confirmed tenants such as PNC Bank, Michael Saunders & Company, and Volta Wine and Provisions, and Class A office space anchored by a major financial-firm headquarters, plus structured parking. Because the amenity, staffing, and insurance costs are funded through the monthly fee, confirm the current budget, reserves, and what the fee covers for the specific residence before you buy.

The takeaway

400 Central puts walkable Central Avenue, the waterfront, and the arts district at the doorstep, with I-275 carrying you to the airport, the beaches, and Tampa, the trophy downtown-lifestyle case.

Central Avenue dining and retail~1 to 3 min · at the doorstep
St. Pete waterfront and Pier~5 to 10 min · walkable
The Dali Museum~5 to 8 min · arts district
Interstate 275~5 min · regional access
Tampa International Airport~25 to 35 min · via I-275
St. Pete and Gulf beaches~20 to 30 min · via Central or Treasure Island
Downtown Tampa~30 to 40 min · via I-275

Distances and times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near The Residencesat 400 Central Homes for Sale in St with Momentum Realty’s local guides.

AHArt House Homes for Sale in StSt. Petersburg, FL · adjacentCD400 Central,Downtown StSt. Petersburg, FL · adjacentBRThe Beacon on 3rd Street Homes for Sale in StSt. Petersburg, FL · 0.1 miMSMadisonat StSt. Petersburg, FL · 0.2 miFLFlori de LeonSt. Petersburg, FL · 0.2 miBRThe Beacon on 3rd Street Homes for Sale in StSt. Petersburg, FL · 0.2 miCACastilleUrbanaSt Petersburg, FL · 0.3 miRSReflection StSt. Petersburg, FL · 0.3 miSASaltaireSt. Petersburg, FL · 0.3 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
400 Central (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

400 Central is served by Pinellas County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Pinellas County Public Schools (verify by address)

Verifyrating
By address

Confirm zoned elementary, middle, and high

Verifyrating
Choice

Magnet and choice options may apply

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any 400 Central address.

The takeaway

What is actually shaping value at 400 Central: the building's completion and first move-ins, its standing as the tallest tower in St. Petersburg, and the office and retail tenants anchoring the base. Each item is sourced and linked.

Recent Developments in The Residences at 400 Central

Our read on what is being built around 400 Central, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishTrophy-address demand and the building's completion point up, with the watch items being the full-service monthly cost and how the early resale market forms.

Tower clears inspections, first move-ins begin

2025
BullishMajor impact
SignificanceRadius: On-site

A temporary certificate of occupancy for the lower floors let the first owners close and move in, turning the project from construction into a live address.

Tallest building in St. Petersburg

2025
BullishMajor impact
SignificanceRadius: City

Standing as the city's tallest tower gives 400 Central a scarce, durable trophy position downtown.

Class A office headquarters anchors the base

2026
BullishNotable impact
SignificanceRadius: On-site

A major financial firm headquartering in the building, with an office expansion reported in 2026, strengthens the mixed-use base and foot traffic.

Confirmed ground-floor retail tenants

2025
BullishNotable impact
SignificanceRadius: On-site

Named retail and dining tenants at the base add walkable convenience that supports residence values.

Substantial full-service monthly fee

Ongoing
NeutralNotable impact
SignificanceRadius: On-site

A luxury full-service tower carries a meaningful monthly cost, including high-rise insurance, that buyers must underwrite.

Early, still-forming resale market

Ongoing
NeutralNotable impact
SignificanceRadius: On-site

With the building newly delivered, only a few resales set comps, so pricing requires reading the earliest closings carefully.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting The Residences at 400 Central, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. December 2025
    Development

    400 Central clears inspections and begins move-ins

    The City of St. Petersburg issued a temporary certificate of occupancy for the lower floors of the 46-story, roughly 301-unit tower, allowing buyers on those levels to close and begin moving in, with upper floors completing into 2026. Why it matters: Reaching occupancy turns the project into a live address and starts the building's resale market. Source

  2. June 2026
    Development

    Major office tenant expands at 400 Central

    A major financial firm anchoring the building's Class A office space added square footage in 2026, one of the larger downtown St. Petersburg office commitments in recent years. Why it matters: A growing office anchor strengthens the mixed-use base and the daytime vibrancy around the residences. Source

Development alerts for The Residences at 400 CentralGet a short monthly email when something new is approved, funded, or opens near The Residences at 400 Central.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in 400 Central, this is the order of operations we would run, and the one we run for our clients.

1

Choose the line and floor first. In a tower, the line, the floor, and the view drive value far more than square footage alone.

2

Understand the full-service monthly fee. A luxury tower carries a substantial monthly cost for staff, amenities, and insurance, so confirm the amount and what it covers.

3

Read the early resale market. As the first owners close and a few units resell, those trades, not the original developer price, set the comp.

4

Confirm what conveys. Parking spaces, storage, finishes, and any developer incentives vary by residence, so get them in writing.

5

Weigh new versus resale downtown. Cross-shop other downtown St. Petersburg condos to price the new-tower premium honestly.

Best Buy
A well-chosen line and floor matched to the earliest resale comps
Biggest Risk
Underreading the full-service monthly fee and insurance
Best Lot
A higher floor with a protected water or city view
Smart Timing
Confirm completion status and what conveys before you close
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Homes

Type

New luxury condominium residences

Size

Roughly 1,300 to 5,600 square feet, 2 to 4 bedrooms

Building

46 stories, about 515 feet, roughly 301 residences

Developer

Red Apple Real Estate, part of the Red Apple Group

Costs & Fees

Monthly fee

Substantial full-service condo fee, varies by residence

CDD

None on the tower

Worth noting

High-rise master insurance is a real fee component

Amenities

Building

Full-service tower with an owner amenity program

Base

Ground-floor retail and Class A office space

Parking

Structured parking in the building

Setting

Walkable Central Avenue, downtown St. Petersburg

Location

Area

Downtown St. Petersburg, Pinellas County, ZIP 33701

Access

I-275 to the airport, Tampa, and the beaches

Lifestyle

Waterfront, museums, and dining at the doorstep

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Lower Floors

The most attainable residences on the lower levels, the entry into a new downtown-trophy address.

Lowest entry
The Mid-Rise Core

Two and three-bedroom residences on the middle floors with strong city and water views, the heart of the building.

Most inventory
The Penthouse Tier

The largest residences and penthouses on the top floors with the best views, the trophy end of the tower.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

The Lower Floors
The most attainable residences on the lower levels, the entry into a new downtown-trophy address.
The Mid-Rise Core
Two and three-bedroom residences on the middle floors with strong city and water views, the heart of the building.
The Penthouse Tier
The largest residences and penthouses on the top floors with the best views, the trophy end of the tower.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Golf and lake lots resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Location within St. PetersburgStrong
Established communityPositive
HOA and CDD postureConfirm per parcel
Home condition and systemsVerify per home
Flood read per lotVerify per address

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in 400 Central

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Ignoring the optional club cost
  • Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

Everything here is brand new, so condition is not the question. The deal is won or lost on the floor, the line, the view, and the monthly cost.

Jon Brooks · Founder, Momentum Realty
8.0B+ · Buy Score
Resale Strength7.4/10
Renovation Risk3.0/10
Location Efficiency9.2/10
Long-Term Defensibility8.0/10
Carrying Cost Advantage5.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on 400 Central is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take
  • The floor and the line drive value in a tower
  • Protected water and city views command the premium
  • Higher floors generally hold value best
  • Everything is new, so condition is not the question
  • Read the view and the line before the finishes

In a condominium tower the residence, not a lot, is the asset, and the floor, the line, and the view are what the market gives back. A higher floor with a protected water or downtown view holds value better than a lower, blocked exposure. Because the building is new, condition is uniform; the differentiator is position in the tower. Read the line and the view first, then price the residence against the earliest comparable closings.

400 Central in 15 seconds.

Best forBuyers who want a brand-new, full-service luxury tower in walkable downtown St. Pete.
Biggest advantageA true downtown-trophy address, the tallest building in the city, with retail and office below.
Biggest riskA substantial full-service monthly fee and a still-forming resale market.
Sweet spotA well-chosen line on a higher floor with a protected view, priced to early comps.
Avoid ifYou want single-family ownership, low carrying cost, or a suburban setting.

Monthly Fees & What They Cover

15-Second Take
  • Full-service condo ownership with a substantial monthly fee
  • No CDD on the tower
  • The fee funds staff, amenities, and master insurance
  • High-rise insurance is a real component, verify the budget
  • Confirm parking and storage that convey with the unit

400 Central is condominium ownership in a full-service tower, with a substantial monthly fee and no CDD. The fee funds building staff, the amenity program, common areas, and the tower's insurance. Confirm the exact monthly amount and what it includes for the specific residence.

The monthly fee typically covers building management and staff, the amenity deck and shared spaces, common-area and exterior maintenance, and master insurance on the structure. High-rise master insurance is a meaningful component, so verify the current budget and reserves.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In 400 Central, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Downtown St. Pete, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your 400 Central home worth?

Get a no-obligation home value based on real comparable sales in 400 Central matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in The Residences at 400 Central on the map →
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Real comps, not a Zestimate.

400 Central Market Scorecard

Thin data

400 Central is currently a thin data. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
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Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Go deeper: true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

What is 400 Central?
The Residences at 400 Central is a 46-story luxury condominium tower in downtown St. Petersburg, the tallest building in the city, with about 301 residences above ground-floor retail and Class A office space (St. Pete Rising, 2025 to 2026).
Who developed 400 Central?
400 Central was developed by New York-based Red Apple Real Estate, part of the Red Apple Group.
How tall is 400 Central?
The tower rises about 515 feet, making it the tallest building in St. Petersburg and, by the developer's account, the tallest residential tower on Florida's Gulf Coast.
How many residences are in 400 Central?
About 301 residences, generally two to four bedrooms and roughly 1,300 to 5,600 square feet, with terraces and high-end finishes.
How much do residences at 400 Central cost?
Developer-published pricing has run from around one million dollars into the multimillions for upper floors and penthouses. As units resell, the early closings, not the original list, set the market. We pull current comps for any specific residence.
Is there a CDD at 400 Central?
No. It is a condominium tower with a monthly fee, not a CDD-assessed community. The monthly fee funds the full-service building.
What is the monthly fee at 400 Central?
As a full-service luxury tower, the monthly fee is substantial and funds staff, amenities, common areas, and master insurance. Confirm the exact amount and inclusions for the specific residence.
Who manages 400 Central?
The tower is professionally managed as a full-service building. Confirm the current management and the amenity and staffing program during diligence.
Is 400 Central finished?
The first residents began moving in after the building cleared its initial inspections in late 2025, with upper floors completing into 2026. Confirm the completion status of the specific floor.
What is downtown around 400 Central like?
It is walkable Central Avenue, with the waterfront, museums, dining, and the building's own ground-floor retail and a major office headquarters in the same tower.
Can I rent out a residence at 400 Central?
Leasing rules are set by the condominium association. Confirm the specific building's leasing policy before buying if rental is part of your plan.
Is 400 Central a good investment?
A trophy downtown address and new-tower scarcity support the case, but a substantial monthly cost and a still-forming resale market are real considerations. Line, floor, and pricing discipline drive the outcome; this is not a guarantee of future value.
Who is the best real estate agent for The Residences at 400 Central?
The best agent for The Residences at 400 Central is one who actively works St. Petersburg and knows the community's pricing, HOA and CDD details, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for The Residences at 400 Central.
How do I find a top St. Petersburg real estate agent who knows The Residences at 400 Central?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows The Residences at 400 Central and the wider St. Petersburg area.
Can Momentum Realty connect me with an agent for The Residences at 400 Central?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your The Residences at 400 Central purchase or sale - no call center and no pressure.
Buyers who want a brand-new, full-service luxury towerExcellent fit
Buyers who value walkable downtown St. Petersburg livingExcellent fit
Lock-and-leave owners who want professional managementExcellent fit
Buyers who want waterfront, arts, and dining at the doorstepExcellent fit
Buyers who will read the full-service monthly cost honestlyExcellent fit
Buyers who want single-family ownership or a yardProbably not
Anyone seeking the lowest possible monthly carrying costProbably not
Value buyers who want a renovation upside playProbably not
Buyers who want a quiet, low-density settingProbably not
Buyers unwilling to navigate a still-forming resale marketProbably not

Get the inside read on 400 Central

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your 400 Central home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty 400 Central specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in The Residences at 400 Central — what to look for, questions to ask, and your local expert.
Stellar MLS logoMLS GRID logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

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