Bahama Beach Homes for Sale in St. Petersburg, FL

Established bayfront pocket · Pinellas County · ZIP 33705

A small bayfront single-family pocket of large lots and dock homes in the Bahama Shores area of southern St. Petersburg.

Tampa Bay waterfrontLarge lots, private docksMid-century homes

Live Market Pulse

62/100
Momentum

Balanced Market (limited data)

This is a bayfront flood-zone pocket, so the honest read is flood, the FEMA 50 percent rule, insurance, and condition by parcel after the 2024 storms, not a single neighborhood average.

Free · No obligation

Unlock Off-Market Bahama Beach

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

$563K

Median Price

4.5mo

Supply

54days

Avg DOM

Balanced

Seller Leverage

$298/sf

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Bahama Beach is a small waterfront single-family neighborhood inside the larger Bahama Shores area, in the southernmost part of St. Petersburg along the shores of Tampa Bay (lipplyrealestate.com / mikeandmichelleteam.com, 2026). The stock is commonly four and five bedroom single-family homes on large lots along quiet, tree-lined streets, many with their own private docks, with broader Bahama Shores water access through a private community park (lipplyrealestate.com / channelside.com, 2026). On a bayfront pocket like this, the value is the waterfront lot, the dock, and the established home, but the binding constraints are flood and insurance: these low-lying lots are generally in a FEMA special flood hazard area, the area took storm surge from Hurricane Helene in the 2024 season, and the FEMA 50 percent substantial-improvement rule governs major repairs and rebuilds in St. Petersburg flood zones (City of St. Petersburg, 2025). Buy on the lot and the water, then read the elevation certificate, the permits, the 2024 storm and repair history, and the flood and windstorm insurance for the exact address."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Bahama Beach market snapshot (as of June 25, 2026): the median sale price is about $563K ($298 per sq ft), with homes averaging 54 days on market and 4.5 months of supply, a balanced market (limited data). Based on 8 recent closings in live Stellar MLS data.

Bahama Beach is a small waterfront single-family neighborhood within the larger Bahama Shores area, in the southernmost part of St. Petersburg, in the 33705 ZIP, along the shores of Tampa Bay (lipplyrealestate.com / mikeandmichelleteam.com, 2026).

Homes are commonly four and five bedroom single-family houses on large lots along quiet, tree-lined streets. Many have their own private docks, and the broader Bahama Shores neighborhood has water access through a private community park (lipplyrealestate.com / channelside.com, 2026).

The area carries real history. It was originally the site of the Bahama Beach Hotel and Yacht Club, built by Robert Lyons in 1947, and most homes were built in the 1950s and 1960s and have since been renovated and upgraded over the years (Northeast Journal, 2026). Condition and the specific lot therefore matter far more than any neighborhood average.

Flood and insurance are the defining issues. These low-lying waterfront lots are generally in a FEMA special flood hazard area, the FEMA 50 percent substantial-improvement rule governs major repairs and rebuilds in St. Petersburg flood zones, and the area took storm surge in the 2024 hurricane season from Helene. For any home here the honest read is the flood zone, the elevation certificate, the repair and permit history, the FEMA 50 percent math, and a current flood and windstorm insurance quote for the exact address (City of St. Petersburg, 2025).

Quick Match

Who Bahama Beach is best for.

Best for

Buyers who want a single-family waterfront home on Tampa Bay with a private dock
Buyers comfortable with bayfront flood and insurance realities
Renovators or builders who understand the FEMA 50 percent rule
Buyers who value a large lot on a quiet, tree-lined street near downtown St. Petersburg

Probably not for

Buyers who want to avoid flood zones and high windstorm premiums
Anyone unwilling to read the elevation, permits, and FEMA 50 percent math
Buyers who want a maintenance-free, amenity-rich master plan
Buyers expecting low, predictable carrying costs on the water

Market Pulse

How Bahama Beach is performing right now

62/100
momentum

Balanced Market (limited data)

Seller's marketBalancedBuyer's market

4.5Months of supplytight

39Median days on marketdays

2 : 3Under contract vs for salestrong demand

8Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+28%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 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Bahama Beach listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Shore Acres or St. Petersburg. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now3 : 2active : pending

For sale3

Pending2

Sold 12mo8

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Bahama Beach buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Bahama Beach

Live MLS inventory for Bahama Beach. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active · 91 daysTop listing

$3,195,000

5 bd · 4.5 ba · 4,367 sqft · built 2006

5918 Bahama Shores Drive, ST PETERSBURG, 33705

Strong resaleLakefront

Listed by COMMUNITY REALTY ASSOCIATES

Active · 33 days

$1,320,000

4 bd · 4 ba · 3,836 sqft · built 1948

6000 2Nd Street, ST PETERSBURG, 33705

Reno opportunityBest value

Listed by 54 REALTY LLC

Active · 39 days

$625,000

3 bd · 2 ba · 1,640 sqft · built 1978

201 58Th Avenue, ST PETERSBURG, 33705

Strong resaleReno opportunityBest value

Listed by NEXTHOME SOUTH POINTE

Pending · 5 days

$695,000

4 bd · 2.5 ba · 2,552 sqft · built 1940

120 59Th Avenue, ST PETERSBURG, 33705

Strong resaleReno opportunityBest value

Listed by NEXTHOME SOUTH POINTE

Pending · 5 days

$640,000

2 bd · 2.5 ba · 1,523 sqft · built 1943

6311 Bahama Shores Drive, ST PETERSBURG, 33705

Listed by CORCORAN DWELLINGS REALTY

Active and pending Bahama Beach listings as of 2026-06-25, priced high to low. Listings courtesy of Stellar MLS as distributed by MLS GRID.. Tap any home to ask about it.

Interactive Map

Bahama Beach on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

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.

Nearby & Commute

How far is everything?

The takeaway

Bahama Beach trades bayfront flood and insurance reality for a quiet, tree-lined waterfront life on Tampa Bay, with large lots and private docks a short drive from downtown St. Petersburg.

Drive times from the southern end of St. Petersburg. They are approximate and vary with traffic and your exact lot.

Downtown St. Petersburg~12 to 18 min · via 4th St S

St. Petersburg waterfront parks~12 to 15 min · downtown

Tampa Bay (at the dock)~0 min · waterfront lots

Interstate 275~5 to 10 min · mainland access

Tampa International Airport~30 to 40 min · via I-275

Gulf beaches~25 to 35 min · across the peninsula

Local hospitals~15 to 20 min · St. Petersburg

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

Nearby Communities

Explore more neighborhoods near Bahama Beach with Momentum Realty’s local guides.

BVBay VistaPark Homes for Sale in StSt. Petersburg, FL · 0.4 mi BHBayou HeightsSt. Petersburg, FL · 0.6 mi BCBay ColonyEstatesSt Petersburg, FL · 0.6 mi SSStephenson'sSub NoSt. Petersburg, FL · 0.7 mi

Waterside at Coquina Key SouthSt. Petersburg, FL · 0.7 mi EHEdgewaterEstates Homes for Sale in StSt. Petersburg, FL · 1.0 mi PPPinellas Point,StSt. Petersburg, FL · 1.0 mi LVLake Vista Homes for Sale in StSt. Petersburg, FL · 1.1 mi GVGrand View Terrace Homes for Sale in StSt. Petersburg, FL · 1.1 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

Bahama Beach (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

Bahama Beach 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.

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

The takeaway

What is actually shaping value at Bahama Beach: the FEMA 50 percent substantial-improvement rule and recovery from the 2024 storms across St. Petersburg flood zones, and the enduring draw of Tampa Bay waterfront with private docks and large lots. Each item is sourced and linked.

Recent Developments in Bahama Beach

Development Intelligence

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

Net OutlookBullishBayfront demand on Tampa Bay near downtown St. Petersburg supports prices, while the watch items are flood-insurance cost, the FEMA 50 percent rule on older homes, and the pace of post-storm rebuilding.

FEMA 50 percent substantial-improvement rule enforced

2024-2026

BearishMajor impact

SignificanceRadius: Area

With low-lying bayfront lots generally in the flood hazard area, repairs reaching half a home's value can require elevation or rebuilding, reshaping older-home economics in St. Petersburg flood zones.

Tampa Bay waterfront with private docks

Ongoing

BullishMajor impact

SignificanceRadius: Community

Large bayfront lots with private docks on quiet, tree-lined streets near downtown St. Petersburg underpin long-run demand for renovated and well-elevated homes.

Recovery from the 2024 storm surge

2024-2026

NeutralMajor impact

SignificanceRadius: Area

Hurricane Helene drove surge across southern St. Petersburg in 2024, so repair history, permits, and substantial-damage determinations are central diligence.

Flood and windstorm insurance cost

Ongoing

BearishNotable impact

SignificanceRadius: Community

Flood and windstorm premiums are a major carrying cost and vary sharply with elevation and construction, so they have to be quoted per home.

Large lots and mid-century homes near downtown St. Petersburg

Ongoing

BullishNotable impact

SignificanceRadius: Area

Large lots and renovated mid-century homes a short drive from downtown St. Petersburg support durable demand for the better-condition stock.

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 Bahama Beach, 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 ↓

January 2025
Regulation
St. Petersburg flood-zone and FEMA 50 percent enforcement after the 2024 storms
City of St. Petersburg recovery guidance after the 2024 hurricane season notes that low-lying waterfront properties are generally in the special flood hazard area and that the FEMA 50 percent substantial-improvement and substantial-damage rule governs major repairs and rebuilds in city flood zones, with recovery assistance for storm-damaged homes. Why it matters: On these bayfront lots, the FEMA 50 percent math should be run before planning any major renovation or rebuild. Source
January 2026
History
Bahama Beach and Bahama Shores waterfront character and 1947 yacht club history
Local reporting describes the Bahama Shores area, including the Bahama Beach pocket, as a southern St. Petersburg waterfront neighborhood originally the site of the Bahama Beach Hotel and Yacht Club, built by Robert Lyons in 1947, with most homes built in the 1950s and 1960s and renovated and upgraded since. Why it matters: The mid-century stock and renovation history mean condition and the specific lot drive value far more than the neighborhood name. Source

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.

The Strategy

The Bahama Beach buying strategy.

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

Run the flood zone and elevation first. On these low-lying bayfront lots, the FEMA flood zone, the base flood elevation, and the elevation certificate drive everything.

Read the FEMA 50 percent rule for the home. Repairs and improvements that reach half the structure value can force elevation or rebuilding in St. Petersburg flood zones, so understand the math before you plan work.

Pull the storm and permit history. The area took 2024 surge from Helene, so check repair records, permits, and any substantial-damage determination for the exact address.

Quote flood and windstorm insurance early. Premiums on bayfront lots are a major carrying cost and can change the deal, so quote the specific home.

Buy the lot, the water, and the dock, then cross-shop nearby St. Petersburg waterfront pockets such as Shore Acres to test value.

The Quick Decision

Best Buy

A renovated or well-elevated dock home on a large bayfront lot

Biggest Risk

A substantially damaged older home facing the FEMA 50 percent rule

Best Lot

A higher-elevation large lot on the water with a sound dock

Smart Timing

Confirm flood, elevation, FEMA 50 percent, and insurance before you offer

Deep-Dive Intelligence

The full read, only if you want it.

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

Bahama Beach is a small bayfront single-family pocket rather than an amenity community, so the lifestyle is the water and the lot: Tampa Bay frontage, private docks, large lots, and quiet, tree-lined streets in the southernmost part of St. Petersburg, with the broader Bahama Shores water access through a private community park and St. Petersburg city services rather than a full slate of private amenities. Because this is a flood-zone bayfront pocket that took 2024 surge, confirm the specific home's flood zone, elevation, repair history, and the FEMA 50 percent status before you buy.

Bahama Beach Homes For Sale

What your money buys in Bahama Beach.

The takeaway

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

Here are the broad resale bands in Bahama Beach today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Entry Mid-Century Home

$335K to $550K

An older 1950s or 1960s single-family home, the more affordable way onto the bay, where elevation, condition, and the FEMA 50 percent rule drive value.

Lowest entry

The Renovated Dock Home

$550K to $672K

A renovated home on a large lot with a private dock, the heart of the resale market here, where compliance and condition set the number.

Most inventory

The Top

$672K to $770K

A well-elevated or rebuilt waterfront home built to current flood standards on a strong bayfront lot, the stock that holds value best.

Strongest resale

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

See Off-Market & Private Listings

What Your Money Buys

What ~$563K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$335K to $550K

The Entry Mid-Century Home

An older 1950s or 1960s single-family home, the more affordable way onto the bay, where elevation, condition, and the FEMA 50 percent rule drive value.

$550K to $672K

The Renovated Dock Home

A renovated home on a large lot with a private dock, the heart of the resale market here, where compliance and condition set the number.

$672K to $770K

The Top

A well-elevated or rebuilt waterfront home built to current flood standards on a strong bayfront lot, the stock that holds value best.

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

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Bahama Beach, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Better lots and views resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Bahama Beach is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

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.

Resale Strength Scorecard

How well Bahama Beach holds value.

Our read on the factors that protect resale here, and the one to manage.

Elevation or rebuild to codeOften the value-defining move here

Impact windows and doorsWind and insurance value

Kitchen and bath updatesStandard refresh, recoverable

Roof and major systemsMid-century stock, budget and insurance driven

Dock, seawall, and bayfront lotThe durable value driver

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Bahama Beach

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Underbudgeting the carrying costs
Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

On a bayfront pocket like Bahama Beach, you are buying the waterfront lot, the dock, and the large lot, then living with the flood zone, the FEMA 50 percent rule, the elevation, and the insurance.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

6.7B- · Buy Score

Resale Strength6.8/10

Renovation Risk6.3/10

Location Efficiency8.0/10

Long-Term Defensibility6.4/10

Carrying Cost Advantage4.4/10

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.

Momentum Housing Intelligence

Why our read on Bahama Beach 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.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

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 waterfront lot and the elevation, not the house, carry the value
Verify the FEMA flood zone and base flood elevation per address
The FEMA 50 percent rule can force elevation or rebuild
Check the 2024 storm and permit history for the exact home
Confirm the dock, seawall, and flood and windstorm insurance

On the bay, the lot and its elevation are the part of your money the market protects. Higher-elevation large lots and homes already renovated, elevated, or rebuilt to current flood standards hold value better than older, lower mid-century homes exposed to the FEMA 50 percent rule. The house can be elevated, renovated, or replaced; the flood zone, the elevation, the dock, and the Tampa Bay frontage cannot. Read the flood map, the elevation certificate, and the FEMA 50 percent math first, then price the condition of the home against it.

The 15-Second Verdict

Bahama Beach in 15 seconds.

Best forBuyers who want a single-family waterfront home with a dock on Tampa Bay.

Biggest advantageLarge bayfront lots and private docks on quiet, tree-lined streets near downtown St. Petersburg.

Biggest riskFlood, the FEMA 50 percent rule, and insurance on low-lying lots after the 2024 storms.

Sweet spotA renovated or well-elevated dock home on a strong, higher-elevation bayfront lot.

Avoid ifYou want to avoid flood zones and high windstorm premiums.

HOA, Flood & Insurance

15-Second Take

Most homes likely carry no mandatory HOA, confirm per parcel
Bahama Shores water access is via a private community park
Flood and windstorm insurance is the major carrying cost
Low-lying bayfront lots are generally in the flood hazard area
The FEMA 50 percent rule governs major repairs and rebuilds

Most homes in an older bayfront single-family pocket like this are likely not in a mandatory HOA, so carrying cost is driven by flood and windstorm insurance, taxes, and maintenance rather than dues. Flood and windstorm premiums on the water can be substantial, so quote them for the exact address. Confirm any HOA per parcel.

The broader Bahama Shores neighborhood has water access through a private community park, which is a Bahama Shores feature; confirm any association and what it covers. Where there is no HOA, upkeep is the owner's, and the area relies on St. Petersburg city services rather than private amenities. Verify any specific parcel's situation, including flood zone and the FEMA 50 percent status.

Run Your Numbers

Tools for a Bahama Beach buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxPinellas County millage and the homestead picture.Rent vs buyThe breakeven on owning in Bahama Beach.Save Our HomesProject your homestead tax cap over time.

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.

Selling in Bahama Beach

Price to the elevation, the condition, and the flood reality, not a waterfront average.

Selling at Bahama Beach means pricing to your home's elevation, condition, and flood and insurance reality, not a generic waterfront average. A renovated or well-elevated dock home commands a very different number from an older, lower home facing the FEMA 50 percent rule.

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 Bahama Beach, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Shore Acres, 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 Bahama Beach home worth?

Get a no-obligation home value based on real comparable sales in Bahama Beach 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 Bahama Beach on the map →
Or get your Bahama Beach home value & selling guide →

Real comps, not a Zestimate.

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.

$2,026/mo

Pinellas County typical true cost to own

$159/mo

Pinellas County typical home insurance

Check CDD

Confirm 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.

How much local inventory is already under contract

24% of homes for sale in ZIP 33705 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-06-25).

Bahama Beach Market Scorecard

Balanced

Bahama Beach is currently a balanced. About 4.5 months of supply, a median asking price of $1,320,000, and homes go under contract in about 39 days.

4.5

Months supply

$1,320,000

Median list

$563,450

Median sold

$381

Per sqft

Days on mkt

3/2/8

Active/Pend/Sold

Typical home value in the 33705 ZIP is $327,610, about 6.8% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · 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

Where is Bahama Beach?

It is a small waterfront single-family neighborhood within the larger Bahama Shores area, in the southernmost part of St. Petersburg, in the 33705 ZIP, along the shores of Tampa Bay (lipplyrealestate.com / mikeandmichelleteam.com, 2026).

What kind of homes are in Bahama Beach?

Public sources describe four and five bedroom single-family homes on large lots along quiet, tree-lined streets, many with their own private docks (lipplyrealestate.com / channelside.com, 2026). Most were built in the 1950s and 1960s and have since been renovated and upgraded (Northeast Journal, 2026).

What is the history of the area?

The area was originally the site of the Bahama Beach Hotel and Yacht Club, built by Robert Lyons in 1947, and most homes were built in the 1950s and 1960s and have since been renovated and upgraded over the years (Northeast Journal, 2026).

Is Bahama Beach in a flood zone?

These low-lying waterfront lots are generally in a FEMA special flood hazard area, so assume flood exposure and verify the FEMA flood zone, base flood elevation, and elevation certificate for the exact home (City of St. Petersburg, 2025).

What is the FEMA 50 percent rule?

It is the substantial-improvement and substantial-damage rule: when the cost to repair or improve a home in the flood hazard area reaches 50 percent of its value, the home generally must be elevated or rebuilt to current flood standards. It governs major repairs and rebuilds in St. Petersburg flood zones (City of St. Petersburg, 2025).

Did Bahama Beach flood in the 2024 storms?

The area took storm surge in the 2024 hurricane season from Helene (City of St. Petersburg, 2025). Check the repair history, permits, and any substantial-damage determination for any specific home.

Does Bahama Beach have an HOA?

Most homes in this older waterfront single-family pocket are likely not in a mandatory HOA, so carrying cost is mainly flood and windstorm insurance, taxes, and maintenance. The Bahama Shores community park and water access is a Bahama Shores feature; confirm any HOA or association per parcel.

Do homes here have docks?

Many homes have their own private docks, and the broader Bahama Shores neighborhood has water access through a private community park (lipplyrealestate.com / channelside.com, 2026). Confirm the dock, seawall, and any permits for the exact address.

How much is insurance here?

Flood and windstorm premiums on bayfront lots can be substantial and vary with elevation, construction, and claims history. Always quote both for the exact address before you commit.

What is nearby?

Bahama Beach sits in the southernmost part of St. Petersburg along Tampa Bay, on quiet, tree-lined streets, a short drive from downtown St. Petersburg and its waterfront, parks, and amenities.

Can I tear down and rebuild?

Often yes, subject to current flood-elevation and zoning standards, and the FEMA 50 percent rule frequently pushes substantially damaged homes toward elevation or rebuild. Confirm the specific requirements with the city before you plan.

Is Bahama Beach a good investment?

Tampa Bay waterfront with private docks and large lots near downtown St. Petersburg supports demand, but flood exposure, insurance cost, and the FEMA 50 percent rule are real constraints. The lot, the elevation, and insurability drive the outcome, and this is not a guarantee of future value.

Why does pricing vary so much in Bahama Beach?

Because the pocket mixes older mid-century homes and renovated or elevated homes on different large lots, each with its own flood, elevation, and insurance picture. The lot, the elevation, and the condition, not the neighborhood name, set the price.

How is Bahama Beach different from the rest of Bahama Shores?

Bahama Beach is a small waterfront pocket within the larger Bahama Shores area. The broader Bahama Shores neighborhood adds water access through a private community park; confirm any association and which features apply to a specific parcel.

Who is the best real estate agent for Bahama Beach?

The best agent for Bahama Beach 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 Bahama Beach.

How do I find a top St. Petersburg real estate agent who knows Bahama Beach?

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 Bahama Beach and the wider St. Petersburg area.

Can Momentum Realty connect me with an agent for Bahama Beach?

Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Bahama Beach purchase or sale — no call center and no pressure.

The Verdict

Should you buy in Bahama Beach?

An honest fit check. We will tell you when it is not your community.

Buyers who want a single-family waterfront home on Tampa Bay with a private dockExcellent fit

Buyers comfortable with bayfront flood and insurance realitiesExcellent fit

Renovators or builders who understand the FEMA 50 percent ruleExcellent fit

Buyers who value a large lot on a quiet, tree-lined street near downtown St. PetersburgExcellent fit

Buyers who will verify elevation, permits, and insurance per parcelExcellent fit

Buyers who want to avoid flood zones and high windstorm premiumsProbably not

Anyone unwilling to read the elevation, permits, and FEMA 50 percent mathProbably not

Buyers who want a maintenance-free, amenity-rich master planProbably not

Buyers expecting low, predictable carrying costs on the waterProbably not

Buyers who want certainty rather than bayfront risk and rewardProbably not

Get the inside read on Bahama Beach

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Bahama Beach 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.

You are all set.

A Momentum Realty Bahama Beach specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Bahama Beach — what to look for, questions to ask, and your local expert.

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.

Bahama Beach Homes for Sale in St. Petersburg, FL

The 60-Second Overview

Who Bahama Beach is best for.

Best for

Probably not for

How Bahama Beach is performing right now

Homes For Sale Right Now in Bahama Beach

Bahama Beach on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Bahama Beach

FEMA 50 percent substantial-improvement rule enforced

Tampa Bay waterfront with private docks

Recovery from the 2024 storm surge

Flood and windstorm insurance cost

Large lots and mid-century homes near downtown St. Petersburg

St. Petersburg flood-zone and FEMA 50 percent enforcement after the 2024 storms

Bahama Beach and Bahama Shores waterfront character and 1947 yacht club history

The Bahama Beach buying strategy.

The full read, only if you want it.

What your money buys in Bahama Beach.

What ~$563K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Bahama Beach holds value.

5 Mistakes Buyers Make in Bahama Beach

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Bahama Beach is different.

Which Lots & Views Hold Value Best

Bahama Beach in 15 seconds.

HOA, Flood & Insurance

Tools for a Bahama Beach buy.

Price to the elevation, the condition, and the flood reality, not a waterfront average.

In Bahama Beach, condition and view decide your number

What is your Bahama Beach home worth?

Price History: What Homes Here Have Actually Sold For

The real cost & risk here

Bahama Beach Market Scorecard

Frequently Asked Questions

Should you buy in Bahama Beach?

Get the inside read on Bahama Beach

You are all set.

Need to sell fast in Pinellas County?

You just read the data. Now see what your home is worth.