Driftwood on Central is a small live-work development at the corner of Central Avenue and 29th Street North, on the edge of Historic Kenwood in St. Petersburg's Grand Central District. It was built by St. Pete Development Company as eleven residences across two buildings of three to four stories (St. Pete Catalyst and St. Pete Rising, 2023 to 2024).
The project is really two products under one name. Six are townhomes, and five are mixed-use live-work homes that pair residential living above with a storefront retail or commercial bay on Central Avenue. The units feature contemporary finishes, impact-resistant windows, gas cooking, quartz counters, and nine-foot ceilings, with the larger plans reported in the roughly 2,200 to 4,000 square foot range (Premier Sotheby's and St. Pete Rising, 2023 to 2024).
Because this is a recently completed boutique building, the read is unit by unit. The townhome and the live-work home are very different buys, and the live-work home's value turns on whether you will use or lease the ground-floor space. The money is made or lost on the floor plan, the ground-floor use, and an honest read of the association and new-build math, not the name on the corner.
The pitch is walkable Central Avenue living: shops, restaurants, and the SunRunner transit line are at the door, and downtown St. Petersburg is a short drive east. The work is sorting the townhomes from the live-work homes, confirming the association structure and any commercial obligations, and reading the new-build and small-building math before you fall for the location.
