Granada Terrace market snapshot (as of June 25, 2026): the median sale price is about $1.1M ($485 per sq ft), with homes averaging 64 days on market and 2.7 months of supply, a balanced market (limited data). Based on 9 recent closings in live Stellar MLS data.
Granada Terrace is a historic district in the Old Northeast of St. Petersburg (ZIP 33704), set on curving boulevards near Coffee Pot Bayou just north of downtown. It was created by developer C. Perry Snell in the 1920s and designated a local historic district by the City in 1988 (source: Historic Old Northeast Neighborhood Association).
The homes here are largely Mediterranean Revival, originally built with Spanish roof tiles or parapet caps and walled gardens, sited on landscaped lots along boulevardier medians. The character and the architecture are the draw, and the spread between listings comes down to condition, preservation, lot, and elevation far more than a single price.
Because this is a local landmark district, exterior alterations beyond routine maintenance require review through the City's Certificate of Appropriateness process (source: City of St. Petersburg Historic Preservation). And because parts of the Northeast sit low near the bayou and bay, flood is real; St. Petersburg recorded a 6.3-foot surge peak during Hurricane Helene in 2024 (source: Axios Tampa Bay, September 2024). Confirm both the design rules and the flood zone for a specific home.
For buyers who want a historic, architecturally distinctive home in a walkable in-town district near Coffee Pot Bayou, Granada Terrace is a strong option. The work is reading the home's condition, the preservation rules, and the elevation honestly, and budgeting accordingly before you fall for a list price.
