Amara Bay Residences in St. Petersburg
Homes for Sale in Pinellas County, FL
True comps, carrying-cost math, and listings before the portals.
What sets value here is the product and the waterfront setting: new Mattamy townhomes of 2,371 to 2,470 square feet versus rental apartments owned by the developer. Only the townhome homesites are for sale, so a for-sale buyer is looking at a small set of 53 homes. With no resale snapshot we cannot judge posture, and early pricing is a builder figure rather than a market median. Compare the builder price with completed townhomes in nearby north St. Petersburg before reserving.
Verify in writing: HOA dues and exactly which amenities the townhome owners can use, since the pools, clubhouse, boardwalk and marina belong to a larger mixed-use project that includes rentals. Ask about marina slip access and cost, flood zone and elevation, wind and flood insurance quotes, rental rules, the construction schedule, and any master association or shared-cost agreement. Confirm the current HOA figures with the association, as none are available to us.
Figures in this note are as of October 12, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Amara Bay Residences & Marina is a 39-acre mixed-use waterfront development on Gandy Boulevard in north St. Petersburg, Pinellas County, just past the Gandy Bridge. Key International is the developer of a project that includes 415 apartments, a marina with 150 slips and an 8,000 square foot restaurant. Mattamy Homes closed on 53 homesites for townhomes of 2,371 to 2,470 square feet, with pricing anticipated in the $700s and sales expected to launch in the summer of 2026. Our MLS feed has no snapshot statistics or tagged amenities for this name yet, so we do not quote price, pace or days on market. This is mostly a new-build and lease-up story, not a resale market.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Amara Bay Residences in St. Petersburg is best for.
Best for
- Buying a new townhome priced from the $700s per the builder.
- Buyers who want a two-car garage and three to four bedrooms.
- Buyers who want a marina and boardwalk close to home and will confirm access terms.
- Buyers who can wait through construction and a summer 2026 sales launch.
Probably not for
- Buyers who need an established neighborhood with resale history.
- Buyers who need a quiet site with no construction nearby.
- Buyers who need confirmed HOA and slip costs before reserving.
The market around Amara Bay Residences in St. Petersburg
Amara Bay Residences in St. Petersburg is too small for its own price trend, so here is the market around it.
Across Pinellas County, 6,550 homes are active and 1,830 pending (22% under contract).
ZIP and county figures describe the wider market, not Amara Bay Residences in St. Petersburg specifically. Momentum Research analysis of MLS records.
The Amara Bay Residences in St. Petersburg buying strategy.
If we were buying in Amara Bay Residences in St. Petersburg today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Amara Bay Residences in St. Petersburg.
A townhome pocket inside a waterfront project
The site is on Gandy Boulevard, just past the Gandy Bridge in north St. Petersburg. We have no sourced drive times to Tampa, the beaches or the airport, so measure them yourself from the site. The surrounding use is a rental apartment and marina project under construction, with pre-leasing expected to begin in late 2026, so expect active building around the townhomes for some time.
The project describes two resort-style pools, a clubhouse, more than 3,000 feet of waterfront with a boardwalk and fitness trails, a kayak launch, an 8,000 square foot restaurant, volleyball, basketball and pickleball courts, a playground, and a marina with 150 slips (130 wet, 20 dry). Which of these are open to townhome owners, and at what cost, is not published; ask for it in writing.
Product is split: six four-story apartment buildings and rental townhomes in the developer's plan, versus 53 Mattamy for-sale homesites. The for-sale townhomes are three to four bedrooms with a two-car garage per the builder release. Confirm the final site plan and phasing before you reserve.
The location and the amenities are priced into every listing in Amara Bay Residences in St. Petersburg. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
For a new-construction townhome community like this we compare Mattamy's pricing and specs with nearby new and resale options, pull the HOA and any master association documents, and read exactly which amenities your lot can use and what they cost. We also line up alternatives in north St. Petersburg and the rest of Pinellas County. There is no cost to the buyer for that work.
Amara Bay Residences in St. Petersburg in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Amara Bay Residences in St. Petersburg buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Amara Bay Residences in St. Petersburg sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Amara Bay Residences in St. Petersburg, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Amara Bay Residences in St. Petersburg home worth?
Get a no-obligation home value based on real comparable sales in Amara Bay Residences in St. Petersburg, 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 Amara Bay Residences in St. Petersburg on the map →
Should you buy in Amara Bay Residences in St. Petersburg?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-08-18 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Recent Developments in Amara Bay Residences
Development, infrastructure, retail, and school activity affecting Amara Bay Residences, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.
- January 2026Builder Activity
Mattamy to build 53 coastal townhomes within Amara Bay waterfront redevelopment
Mattamy Homes announced it closed January 8, 2026 on 53 fully entitled townhome homesites within Amara Bay Residences and Marina at 12000 Gandy Boulevard in north St. Petersburg, acquired for a reported $12.64 million. Plans include two coastal-style designs from about 2,371 to 2,470 square feet, pricing expected from the $700s, with sales targeted for summer 2026.
What it may mean for the marketA waterfront townhome product on the Gandy corridor adds for-sale inventory in north St. Petersburg, where coastal location commands premium pricing and elevated insurance considerations.
Source: Tampa Bay Business and Wealth - October 2025Development
Amara Bay tops out its first building and lands a 121 million dollar construction loan
Key International said at least one apartment building at the 39-acre Amara Bay Residences and Marina on Gandy Boulevard had topped out, with vertical construction moving quickly after site work began in late 2024. The developer announced on October 10, 2025 that it secured a 121 million dollar construction loan led by Abanca USA to complete the 415 apartments, an 8,000 square foot restaurant and a 150-slip marina, and said it expected to finish the apartment buildings, clubhouse and restaurant and begin leasing by winter 2026.
What it may mean for the marketSteady vertical progress on the wider Amara Bay site could mean the marina, restaurant and waterfront amenities take shape around the same period Mattamy targets its townhome sales.
Source: St Pete Catalyst - August 2025Infrastructure
I-275 widening with Gandy Boulevard interchange work begins in Pinellas
FDOT began construction on August 11, 2025 on a 340 million dollar, 7.5-mile widening of I-275 from north of 38th Avenue N to north of 4th Street N, the freeway segment that feeds the Gandy corridor where Amara Bay is rising. The project adds two tolled express lanes in each direction and includes interchange modifications at Gandy Boulevard, with completion estimated in late 2030.
What it may mean for the marketRamp and interchange upgrades at Gandy Boulevard could improve freeway access for the corridor over time, though drivers may see work-zone impacts through the late 2020s.
Source: FDOT Tampa Bay - May 2025Infrastructure
Gandy Boulevard improvements study wins FDOT concept acceptance
The Florida Department of Transportation was granted Location and Design Concept Acceptance for the Gandy Boulevard Project Development and Environment study covering about 7 miles from 4th Street in Pinellas County to West Shore Boulevard in Hillsborough County, the stretch that includes the Amara Bay frontage. The study evaluated widening the four-lane divided road, bridge widening or replacement, and new bicycle and pedestrian facilities.
What it may mean for the marketConcept acceptance may position the Gandy corridor for future design and funding decisions that could eventually change capacity and trail access in front of the development.
Source: FDOT District 7
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 Tampa Bay.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
Email me new listings in Amara Bay Residences
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Amara Bay Residences
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Amara Bay Residences will answer, and the answer is published on this page for the next buyer.
See how Amara Bay Residences in St. Petersburg fits the bigger picture — live prices, inventory, and Momentum Scores:
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Pinellas County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Pinellas County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.